Head of UK Compliance & MRLO

We are hiring a Head of UK Compliance and MLRO (SMF 16 and 17) to oversee compliance with regulatory compliance frameworks in the UK from the second line of defence. You will have proven experience in Compliance and Financial Crimes roles, ideally in payments and/or merchant acquiring, and will report to the SVP, Head of Compliance EMEA and Global Head of Data Privacy. What you will do:

• Lead the UK Compliance function to ensure the timely and effective provision of high-quality compliance services, advice, and guidance. Manage and develop direct reporting staff in the UK Compliance team. Manage the relationship with and act as the firm's representative to the PRA and FCA with regards to compliance.
• Act as the UK MLRO and primary point of contact with the FCA and other relevant regulators, as required and in line with the licensing developments.
• Oversee the submission of Suspicious Activity Reports (SARs) and other regulatory filings in compliance with jurisdictional requirements.
• Advise on applicable laws, rules, regulations, and codes of practice to ensure business is conducted in a compliant manner. Manage the firm's compliance procedures, documentation, and monitoring systems, with responsibility for change management initiatives to enhance local and global compliance processes.
• Provide strategic and tactical consulting to lines of business and branches on issues related to compliance. Inform, advise, and educate business units, senior management, and relevant Boards of Directors on all compliance responsibilities.
• Develop, implement, and manage relevant Compliance monitoring programmes. Investigate and report upon actual and regulatory breach and propose remedial action.
• Liaise with the global Compliance Officers and MLROs across licensed jurisdictions in EMEA APAC, LATAM and NA, fostering development and risk-based program implementation aligned with overall goals.
• Identify all significant risks within your area and to assign ownership and responsibility for the management of these risks. Responsible for the ongoing management of these controls and ensuring that any control shortfalls are identified and immediately corrected and escalated where appropriate.
  
  Proven experience at a senior level in risk & compliance roles
• Understanding of key regulatory requirements and expectations
• Ability to deliver and embed Regulatory Management Frameworks
• Strong working knowledge of payment service and Merchant acquiring
• Extensive experience working with and presenting to regulators, auditors and bank partners
What would be great to have:
• Compliance and/or financial crimes related qualification(s)
  
  We're Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants, and consumers to one another millions of times a day - quickly, reliably, and securely. Any time you swipe your credit card, pay through a mobile app, or withdraw money from the bank, we're involved. If you want to make an impact on a global scale, come make a difference at Fiserv., Fiserv is a global leader in payments and financial technology with more than 40,000 associates proudly serving clients in more than 100 countries. As one of Fortune ® magazine's "World's Most Admired Companies " 9 of the last 10 years, one of Fast Company's Most Innovative Companies, and a top scorer on Bloomberg's Gender-Equality Index, we are committed to innovation and excellence.