Head of Compliance and MLRO, Brite Payments

• We are looking for a "Brite mind" who thrives in an independent, fast-paced environment
• You are highly analytical, possess meticulous attention to detail, and approach challenges with a pragmatic, "can-do" attitude
• Crucially, you have the ability to translate complex regulatory matters into clear, actionable recommendations for senior management and the Board
• MLRO Expertise: 5+ years of experience operating as an MLRO within an FCA-regulated financial institution. Experience within an Electronic Money Institution (EMI) or digital payment services provider is strongly preferred
• Core FinCrime Operations: Robust, hands-on experience managing customer onboarding (CDD/EDD), transaction monitoring, AML, sanctions, and financial crime compliance processes
• Regulatory Knowledge: Deep understanding of UK financial services regulations applicable to EMIs, payment services, and Open Banking
• Tools: Proficiency in Microsoft Office and Google Workspace
• Communication: Exceptional written and verbal English communication skills, with a proven ability to deliver complex compliance details concisely to non-compliance stakeholders
• Execution & Drive: Highly organized and adept at managing competing priorities, working independently, and meeting tight deadlines
• Collaboration & Judgment: A collaborative team player with strong stakeholder management skills, balanced with the strong judgment required to challenge the business appropriately
• Fintech Agility: Commercially aware and comfortable navigating the rapid shifts and fast growth of a scaling fintech environment

Desirable

• The Head of Compliance and MLRO (UK) role will support the ongoing development and operation of Brite Payments Limited’s UK compliance framework
• The role sits within the second line of defence and supports the business in identifying, assessing and managing regulatory and financial crime risks associated withthe firm’s UK regulated payment services and open banking activities
• This position is based in the UK and offers a hybrid working model
• As the Money Laundering Reporting Officer (MLRO) at Brite, you will play a pivotal role in overseeing and enhancing our UK-based anti-money laundering and sanctions programs, ensuring compliance with local regulations and Brite's policies
• Collaborating with the UK management and Compliance teams, along with the group MLRO at our Swedish headquarters, your responsibilities will include managing AML and sanctions activities, identifying suspicious transactions, and ensuring adherence to FCA and other regulatory frameworks
• MLRO & Financial Crime Leadership:
• Registered Accountability: Act as Brite’s registered UK MLRO, serving as the primary point of contact for the FCA, law enforcement, and external audits
• Framework Ownership: Oversee, refine, and continuously improve our UK AML/CTF, sanctions, fraud, and anti-bribery programs
• Investigations: Lead internal investigations, manage suspicious activity detection, and ensure compliant, timely SAR filings
• Oversight: Manage the UK customer onboarding (CDD/EDD) and transaction monitoring frameworks, maintaining top-tier quality assurance on outsourced anti-financial crime operations
• Regulatory Compliance & Governance:
• FCA Engagement: Lead responses to regulatory requests, formal reviews, and proactive ongoing engagement with the FCA
• Horizon Scanning: Monitor the UK regulatory horizon, assessing and translating prospective changes into practical business guidance
• Board Reporting: Coordinate and prepare UK regulatory reporting obligations, providing regular risk assessments to the Board and senior management
• Policies, Controls & Operational Resilience:
• Policy Architecture: Draft, review, and maintain practical compliance policies aligned with the firm’s risk appetite
• Testing & Monitoring: Implement robust internal compliance monitoring, control testing activities, and remediation tracking
• Operational Resilience: Oversee third-party risk, incident management, and cloud-based outsourcing arrangements in line with UK regulatory obligations
• Advisory & Compliance Culture:
• Cross-Functional Advisory: Provide daily compliance guidance to Product, Operations, and Legal teams to embed compliance directly into our workflows
• Training: Lead financial crime awareness and general compliance training across the UK team to foster a proactive risk culture