Senior Compliance Manager; Financial Crime & Consumer Protection | Clearpay

Overview

Clearpay — From an Australian-born company to a rapidly growing global business, we’re on the ride of a lifetime. We’re on a mission to be the world’s most loved way to pay. We love connecting our customers with brands they love and empowering them to spend their money and buy what they want in a responsible way. We are grounded in reality and work together to achieve the extraordinary.

It’s a fast-paced business and that’s the way we love it. We know that world class talent is the only way to pave our future success, so come and work with some of the brightest minds and be part of the once in a lifetime ride.

Job Description

Senior Compliance Manager (Financial Crime & Consumer Protection), UK

We are seeking a senior and experienced compliance manager to join the Clearpay UK compliance team to develop the financial crime compliance programme and support consumer protection-related activities.

You will partner closely with the MLRO, act as a trusted financial crime compliance expert for the business, design controls, lead projects, and see your work touch our millions of customers and thousands of merchants. You will independently drive priority initiatives on the AML compliance roadmap, providing expert advice on UK AML/CTF regulations and guidance, and expertly influence and coordinate the timely delivery of contributions from other stakeholders across Block Inc.

These stakeholders include compliance, risk, and engineering teams across Block Inc based in the UK, US, and Australia.

You will also partner with the Chief Compliance Officer and the wider compliance team on consumer protection compliance matters. This includes activities related to the assessment and mitigation of financial crime and consumer protection risks posed by vendors and merchants. You will also support issue and incident management across financial crime and consumer protection domains.

You are an expert in AML, Sanctions, and Fraud and bring experience leading projects within an FCA-regulated firm. You will demonstrate excellent communication and document writing, and project management skills, strong experience of process and systems design, good data analytics, and possess robust knowledge of UK AML, Sanctions and broader financial crime regulations and guidance. You are familiar with the Consumer Duty and FCA rules on consumer protection.

Bonus points if you have experience within consumer credit or consumer payments.

• Financial Crime Compliance (Primary Focus)
  • Advise on the design of new AML/CTF, CPF, sanctions and fraud controls and changes to controls across , customer risk-rating, transaction monitoring, screening, and other key control areas
  • Oversee the development and end-to-end implementation of new financial crime controls and changes to existing controls, engaging diverse stakeholders across compliance, risk, engineering, and operations teams, reporting on progress to leadership, and intervening where necessary to ensure the timely delivery of projects
  • Perform AML/CTF, sanctions, and fraud risk analysis of customers, merchants, arrangements, and product features and propose controls to mitigate those risks
  • Analyse financial crime trends, typologies, and emerging risks and present actionable analysis and recommendations to stakeholders including the MLRO and senior leadership
  • Act as a point of escalation for higher risk customers and merchants, and support the delivery of enhanced due diligence and ongoing monitoring of those relationships
  • Evaluate operational processes related to financial crime controls, recommend improvements, and oversee their delivery to enhance compliance with applicable UK laws, regulations and industry best practices
  • Draft and maintain relevant documentation for the financial crime compliance programme including policies, procedures, risk assessments, and control frameworks in accordance with regulatory updates, new products, and overall Compliance team standards
  • Support the MLRO in the preparation of materials for governance forums, regulatory reporting (including SARs oversight), and regulatory engagement on financial crime matters
  • Stay informed of regulatory…