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

• 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.

• 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.

• Proven experience in leading and supporting financial crime strategies, with the ability to challenge and collaborate effectively with 1LoD and senior stakeholders.
• The ability to deal with complex queries, assess risks and evaluate impacts, developing appropriate and proportionate responses.
• Excellent communication and interpersonal skills including the ability to collaborate and engage with a variety of internal and external stakeholders at all levels, and to operate in a global virtual environment.
• Problem-solving and decision-making skills. Ability to identify the core issue, appropriate action and drive resolution.
• Experience in people management, motivating others and providing coaching to develop performance.
• Meticulous attention to detail with the ability to manage complex compliance tasks efficiently.
• The ability to work independently, under pressure and to tight deadlines, managing competing priorities.

What we offer at Nium  

We Value Performance: Through competitive salaries, performance bonuses, sales commissions, equity for specific roles and recognition programs, we ensure that all our employees are well rewarded and incentivized for their hard work. 

We Care for Our Employees: The wellness of Nium’ers is our #1 priority. We offer medical coverage along with 24/7 employee assistance program, generous vacation programs including our year-end shut down. We also provide a flexible working hybrid working environment (3 days per week in the office). 

We Upskill Ourselves: We are curious, and always want to learn more with a focus on upskilling ourselves. We provide role-specific training, internal workshops, and a learning stipend

We Constantly Innovate: Since our inception, Nium has received constant recognition and awards for how we approach both our business and talent opportunities.

-2022 Great Place To Work Certification

-2023 CB Insights Fintech 100 List of Most Promising Fintech Companies. 

- CNBC World’s Top Fintech Companies 2024.

We Celebrate Together: We recognize that work is also about creating great relationships with each other. We celebrate together with company-wide social events, team bonding activities, happy hours, team offsites, and much more!  

We Thrive with Diversity: Nium is truly a global company, with more than 33 nationalities, based in 18+ countries and more than 10 office locations. As an equal opportunity employer, we are committed to providing a safe and welcoming environment for everyone.  

For more detailed region specific benefits :  https://www.nium.com/careers#careers-perks 

For more information visit www.nium.com 

Depending on your location, the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) may regulate the way we manage the data of job candidates. Please review our Candidate Privacy Notice for more information.