UK Compliance MLRO, Kantox

Salary not provided
Senior and Expert level
London

More information about location

Kantox

Currency management automation software

Job no longer available

Kantox

Currency management automation software

201-500 employees

FintechB2BPaymentsSaaSAutomation

Job no longer available

Salary not provided
Senior and Expert level
London

More information about location

201-500 employees

FintechB2BPaymentsSaaSAutomation

Company mission

Kantox is on a mission to build fully automated currency management solutions, to help businesses streamline their entire FX workflow while enabling them to deal in foreign currencies as easily as local ones.

Role

Who you are

  • The successful candidate will operate with a high degree of autonomy and accountability, ensuring that compliance standards are upheld while supporting strategic business objectives
  • Highly autonomous, acting as an MLRO and ensuring regulatory obligations and supervisory expectations are met
  • An expert in UK regulatory compliance, including direct experience in reporting to the FCA, managing AML audits, and handling interactions with supervisory bodies
  • A decisive and responsible leader, capable of justifying compliance assessments, conclusions, and action plans
  • An effective team manager, skilled in leading compliance staff, coordinating regulatory projects, and mentoring junior team members
  • A strategic thinker levering regulatory compliance with business operations
  • Minimum 7 years of experience in senior compliance roles within a UK-regulated firm
  • Strong knowledge of UK financial regulations (FCA Handbook, AML regulations, GDPR)
  • Proven track record of managing compliance teams and MLRO functions with autonomy
  • Proven track record of leading FCA engagement and regulatory reportin and experience presenting to senior management, auditors, and regulators
  • Strong experience in managing compliance teams
  • Extensive experience handling AML audits, risk assessments, and supervisory inspections
  • Experience managing cross-border compliance projects and group-wide integration processes

Desirable

  • Professional compliance certification (e.g., ACAMS, ICA, CISI)
  • Prior experience within a regulated financial institution, fintech, or payments firm
  • Experience with BNP Paribas Group compliance standards is a plus

What the job involves

  • The Compliance team plays a relevant role in ensuring that Kantox Ltd meets its UK regulatory obligations while maintaining industry best practices. As regulatory expectations evolve and our business integrates further within BNP Paribas, the demand for robust compliance oversight, proactive risk management, and efficient team leadership has increased significantly
  • To address this, we require a highly experienced Senior Compliance Manager with a strong background in leading UK MLRO functions, managing audits, liaising with the FCA, and overseeing day-to-day compliance operations
  • Regulatory Oversight & FCA Engagement
  • Serve as the primary liaison with the FCA, ensuring timely and accurate regulatory filings, including SARs, MLRO reports, and risk assessments
  • Lead compliance audits (internal and external), ensuring findings are addressed effectively and action plans are implemented
  • Maintain a proactive approach to regulatory changes, ensuring Kantox remains ahead of evolving compliance expectations
  • Compliance & Risk Management
  • Develop and oversee compliance frameworks, ensuring adherence to UK AML, financial crime, and data protection regulations
  • Identify, assess, and mitigate risks across business operations, with a focus on AML, sanctions screening, and fraud prevention
  • Ensure compliance with BNP Paribas Group policies while maintaining Kantox’s operational independence where appropriate
  • Manage the day-to-day compliance team, training, and operational workflows
  • Ensure smooth execution of action plans stemming from external audits, GFS inspections, and regulatory reviews
  • Provide senior management with compliance updates, risk analyses, and strategic recommendations
  • Integration & Business Advisory
  • Lead compliance efforts in the BNPP integration process, working across multiple workstreams
  • Provide expert advice to the business on regulatory risks, financial crime prevention, and compliance best practices
  • Serve as the point of escalation for high-priority AML and compliance matters, including regulatory breaches and enforcement actions

Salary benchmarks

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Insights

22% employee growth in 12 months

Company

Company benefits

  • Sponsored learning budget
  • Pension Scheme
  • Free private health insurance
  • Free Spanish, English and French lessons
  • Flexible working hours and intensive Friday schedule
  • 25 days of annual vacation
  • Hybrid work model

Funding (last 2 of 6 rounds)

Feb 2020

$9.1m

SERIES D

Aug 2017

$5.7m

SERIES C

Total funding: $34.9m

Our take

Spanish fintech company, Kantox helps corporations manage currency through automation. Founded by ex-Deloitte consultants, Kantox switched from being a currency exchange platform into a fully fledged automation and fintech software company.

Back in 2015, Kantox won the European Fintech Of The Year Award, thanks in part to its Dynamic Hedging software which manages hedging analytics, workflow, and reporting. In October 2022, investment bank BNP Paribas acquired Kantox for 120 million euros after three years of investment in the company - a shift in ownership that should bolster Kantox as markets continue to be turbulent.

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Steph

Company Specialist at Welcome to the Jungle