Senior Manager, Regulatory Compliance - Deputy MLRO

The Deputy MLRO (DMLRO) will support the U.S MLRO in mitigating financial crime risks. You will help ensure the effective oversight of NIUM’s financial crime compliance framework, including AML, CTF, ABC, Sanctions, Fraud, KYC/CDD, and EDD. The Deputy MLRO will play a key role in ensuring robust controls are in place, aligned with US regulatory requirements, and actively collaborate with first line teams, product development, and other key stakeholders. This role will also closely collaborate with the global Compliance team

Key Responsibilities

• Define, develop, document, oversee and refine the US Compliance Program and related policies and procedures to manage all sources of regulatory risk and continuously seek to improve and streamline end to end compliance operational processes through automation and technology, ensuring that all processes are fit for purpose.
• Horizon scanning for new financial crime regulations and guidance: Identify emerging regulatory developments and oversee the implementation of changes within business activities to ensure compliance.
• Provide detailed reporting and MI which meets the needs of our U.S regulators, Banking partners and Group management, ensuring accuracy and timeliness, and collaborating with other teams to obtain the required information. Prepare and contribute to quarterly compliance reports for the board of directors, highlighting key financial crime risks, metrics, and incidents.
• Handle complex escalations relating to onboarding, transaction monitoring and general queries from multiple teams including the Onboarding and Transaction Monitoring teams, across all Nium products.
• Oversee the U.S SAR process internally and externally including the review and assessment of internal reports of potentially suspicious activity, escalating findings to the MLRO as necessary and preparing and submitting SARs in a timely manner.
• Coordinate and assist in regulatory audits including preparing documentation, responding to enquiries, and implementing remediation efforts as needed.
• Conduct risk assessments related to regulatory compliance and develop strategies to mitigate identified risks, collaborating with other departments such as risk management and internal audit.
• Provide regulatory advisory to relevant internal and external teams, such as sales and onboarding to support the client onboarding process, as well educate and drive the appropriate execution of compliance requirements with the product and technical teams relating to product updates/changes.
• Communicate with all necessary staff to ensure they understand their responsibilities and are trained in Nium policies and procedures as required.
• Support product and business teams by advising on financial crime compliance for new products and features, ensuring controls meeting U.S. requirements and regulatory expectations are embedded from the outset.
• Lead coordination and reviews of changes related to TM, CDD, and Screening, collaborating with relevant teams such as AML Operations, Fraud, and TM teams.
• Support the design and delivery of training for compliance and operational teams on AML, CTF, and broader financial crime controls, ensuring staff are equipped to manage evolving risks and that U.S rules and regulations are understood by those building controls and/or following procedures built to meet U.S requirements and regulatory expectations.
• Stay up-to-date with regulatory developments and changes in the electronic money and financial services industry, and assess their impact on Nium’s business. Provide recommendations for compliance strategies accordingly.

Requirements

• A bachelor’s degree, with a relevant Master’s Degree or a professional financial crimes certification (e.g. CAMS, CFCS)
• Proven experience in managing/scaling a financial crime/ AML team.
• Experience in designing and implementing financial crime processes and controls and understanding how compliance strategies intersect with business operations.
• 5+ years’ experience in a senior compliance position, preferably in the Fintech sector and within organizations with cross-jurisdictional operations.
• Proven experience in dealing with regulators and third parties such as the Tier-1 Financial Banks and U.S. State financial regulators.
• Excellent grasp of the US regulatory environment and knowledge and experience of best practice and emerging practice in the industry.
• Excellent data mining and data manipulation skills, with a proficiency using Excel and other tools.
• Ability to exercise oversight, knowledge, and understanding of financial crime and AML policies, procedures, and control arrangements in a complex business with multiple products.

You have

• Proven experience in leading and supporting financial crime strategies, with the abi