Money Laundering Reporting Officer, Seccl
£100-120k
The embedded investment platform
Be an early applicant
The embedded investment platform
101-200 employees
Be an early applicant
£100-120k
101-200 employees
Company mission
Seccl is the Octopus-owned embedded investment platform that’s helping more people to invest – and invest well.
Role
Who you are
- Provide clear and consistent financial crime compliance advice across the business
- Have significant experience in a UK Financial Services financial crime role, ideally as an SMF17 in an FCA-regulated firm
- Are motivated by a varied, far-reaching role and enjoy problem-solving
- Have strong analytical skills, a questioning mind, and the ability to research alternatives when making decisions
- Possess excellent interpersonal, written, and oral communication skills
- Are proactive and able to manage multiple tasks in a fast-paced environment
What the job involves
- We’re looking for a MLRO to support our CRO by bringing technical expertise and an enquiring mind to help us maintain compliance with anti-money laundering (AML), counter-terrorist financing (CTF), and anti-fraud obligations under UK law and regulation
- This role holds the SM17 regulatory responsibilities and has the responsibility to fulfil the statutory responsibilities under the Proceeds of Crime Act 2002, Terrorism Act 2000, and Money Laundering Regulations 2017
- On a typical day you will be…
- Ensuring a robust financial crime risk framework aligned with FCA expectations, including SYSC and JMLSG guidance
- Acting as the primary contact with law enforcement agencies (e.g., NCA, FCA) for disclosures, including SARs, and leading internal investigations into suspicious activity
- Maintaining AML/CTF policies, controls, and procedures proportionate to our business model and risk appetite
- Preparing and submitting regular AML reports to the Board and regulators
- Overseeing the implementation and enhancement of the AML/CTF framework
- Conducting AML risk assessments and ensuring controls align with policies and risk appetite
- Monitoring and reporting on the effectiveness of AML systems and controls
- Overseeing client onboarding, ongoing due diligence, transaction monitoring, and PEP and sanction screening
- Owning and managing Northrow
- Ensuring AML/CTF training is delivered across the business, tailored to specific roles
- Promoting a culture of AML awareness
- Collaborating closely with first and second line teams across the business
- Managing the financial crime team within the Risk function
Application process
- Interviewing is a two-way thing, and we want you to have the time and opportunity to get to know us, as much as we are getting to know you. Our interviews are conversational, so come with questions and be curious. In general, you can expect the interview process to look a bit like this, (following an initial chat with one of our Talent team):
- First stage – 45 mins competencies-based interview with the hiring manager
- Second stage – one-hour technical interview or assessment
- Final stage - 45 mins bar-raiser culture-based interview + meeting additional key stakeholders
- ⏳ We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out and you should expect to hear back from us within one to two weeks of applying
Our take
Seccl is an embedded investment platform revolutionising how companies offer investment services. With its API-first technology infrastructure it helps financial professionals and businesses launch and manage investment platforms easily. By simplifying old, clunky processes, Seccl gives firms the tools they need to offer customers a seamless, digital investing experience - whether it's for financial advisers, neobanks, or fast-growing startups.
Since being acquired by Octopus in 2019, Seccl has seen impressive growth. Now supporting over 190,000 investors as well as managing more than £13.4B in funds through its platform. With this, Seccl is well on track to power even more businesses and as it continues to grow, its mission to disrupt the industry with smarter, scalable solutions is only growing in momentum.
Steph
Company Specialist at Welcome to the Jungle
Company
Company benefits
- Flexible/hybrid working: We don’t prescribe when or how many days you come into the office. It’s what you deliver that’s important
- Events and socials: Twice-yearly all-company offsites, regular team socials and plenty of non-work activities – from gigs to sporting activities – to get stuck into
- Private medical: Access GP and other health and dental appointments work through private medical insurance
- Focus on mental health: Your wellbeing is more important than work. We offer free and confidential access to therapy if you need it
- Long-service award: A month’s fully-paid sabbatical when you’ve worked here for eight years (we’re part of Octopus, after all)
- The usual stuff: 27 days’ holiday (plus religious holidays and your birthday), Cycle2Work scheme and workplace pension
Company values
- Never settle
- Take ownership
- Be generous and candid
Company HQ
Holborn, London, UK
Articles
Leadership
David Ferguson
(CEO)Joined Seccl in 2022 as CEO. Prior to that, they spent 15 years as the CEO of Nucleus Financial Group.
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