Regional Compliance Advisory Manager - UK & Ireland
MoneyGram International
London, UK
Published 4 days ago
Compliance Management Systems / Technology
Description
Location: This position is based in London, UK. It's hybrid model of work, which means you will have to combine working in the office and working from home.
Who we are:
MoneyGram is a customer-centric, digital-first, cross-border money movement network. Through our strong culture of fintech innovation, we're transforming the way consumers and businesses send and receive money in nearly every country around the world.
Thanks to our cutting-edge platform and strategic partnerships with some of the world's leading brands, we are helping our millions of customers globally do more with their money through a comprehensive suite of digital and in-person products and services.
This is all made possible by our dedicated and diverse team of professionals around the world. If you're ready for a career journey filled with exciting opportunities, come aboard and let's drive the future of payments together at MoneyGram!
The Numbers:
The Regional Compliance Advisory Manager for UK & Ireland acts as a primary advisory compliance resource on overall compliance program for the territory assigned and works directly with key stakeholders within the company, including company business partners within the territory assigned. Is responsible for ensuring the company complies with all relevant Financial Conduct Authority (FCA) regulations and driving implementation and/or enhancements on compliance and anti-fraud policies and procedures. Is assisting in the development of Compliance and Anti-Fraud programs.
Proposes corrective action measures to mitigate any risks identified throughout the execution of their tasks. Partners with in-country regulators and law enforcement bodies as applicable.
What you'll do:
Education
Your future is in your hands.
When you start a career at MoneyGram, you join a talented and motivated team that builds the success of a trusted, global provider of innovative money transfer and payment services.
Here are some reasons it is so easy to love your career with us!
Location: This position is based in London, UK. It's hybrid model of work, which means you will have to combine working in the office and working from home.
Who we are:
MoneyGram is a customer-centric, digital-first, cross-border money movement network. Through our strong culture of fintech innovation, we're transforming the way consumers and businesses send and receive money in nearly every country around the world.
Thanks to our cutting-edge platform and strategic partnerships with some of the world's leading brands, we are helping our millions of customers globally do more with their money through a comprehensive suite of digital and in-person products and services.
This is all made possible by our dedicated and diverse team of professionals around the world. If you're ready for a career journey filled with exciting opportunities, come aboard and let's drive the future of payments together at MoneyGram!
The Numbers:
- We serve over 50 million people every year in over 200 countries and territories.
- We're a global team of over 2,000 from 36 countries around the world.
- We process over $200 billion annually with digital transactions now making up about 50% of our money transfer business.
- We're known for our strong culture globally, demonstrated by:
- "Top Workplaces USA" award winner (three consecutive years in a row!)
- One of the "Best Places to Work" in the Middle East
- And the winner of many regional awards, such as "Friendly Workplace in Poland" and "Top Workplace in DFW" by The Dallas Morning News
The Regional Compliance Advisory Manager for UK & Ireland acts as a primary advisory compliance resource on overall compliance program for the territory assigned and works directly with key stakeholders within the company, including company business partners within the territory assigned. Is responsible for ensuring the company complies with all relevant Financial Conduct Authority (FCA) regulations and driving implementation and/or enhancements on compliance and anti-fraud policies and procedures. Is assisting in the development of Compliance and Anti-Fraud programs.
Proposes corrective action measures to mitigate any risks identified throughout the execution of their tasks. Partners with in-country regulators and law enforcement bodies as applicable.
What you'll do:
- Ensure the company adheres to the FCA regulations, including the Consumer Duty, Operational Incident and Third-Party Reporting and other applicable financial services rules.
- Verify that Compliance risk is properly managed from a regional perspective in applicable jurisdiction.
- Assist in the development and implementation of local AML/CFT Compliance Program as well as ongoing oversight of all key aspects of the Programs.
- Facilitate development of the business by delivering rapid and accurate replies to compliance questions submitted by other stakeholders.
- Act as the interface between FCA, CBI and other local regulators, Financial Intelligence Units ("FIU"), law enforcement agencies, ombudsmen, industry leaders, as well as other internal teams.
- Conduct compliance risk assessments and compliance testing to identify areas of improvement.
- Participate in industry councils and associations.
- Analyse impacts of proposed regulation and draft associated position papers.
- Represent the Company's Compliance Program to external audiences, including Regulators, Agents and banking partners.
- Execute on established Company Compliance and Anti-Fraud programs, principles, standards, policy, and oversight expectations within assigned territory.
- Implement policies and procedures designed to mitigate exposure and enhance compliance activities.
- Communicate policy goals for area of expertise, ensuring application across the enterprise.
- Facilitate policy, risk, and control discussions with stakeholders.
- Ensure policy objectives are met by providing content messaging for new policies as rolled out and ensuring training materials are in-line with policy expectations.
- Provide guidance, policy interpretation and support to the region.
- Actively participate in management discussions on risk.
- Participate in governance and risk committee meetings as appropriate.
- Provide guidance and support to the Regional Business and Agent Oversight teams through participation in new product/service or channel projects and Agent meetings.
- Provide support for Agent due diligence activities.
- Ensure program is maintained and relevant.
- Consult with internal and external experts to identify risks, best-practice, and expectations.
- Analyse internal and external information to gain additional intelligence regarding emerging risk.
- May provide daily direction, clarity, and guidance to staff regarding Compliance activities, issues, laws, and regulations.
- Perform other duties as assigned.
Education
- Minimum required: BA/BS or equivalent combination of education and work experience.
- ICA/CAMS certification preferred.
- 5+ years' work experience as a subject matter expert in Compliance or Fraud Prevention within the financial services industry.
- Knowledge of FCA's Consumer Duty standard, preferable.
- Working knowledge of FCA Requirements and HMRC & CBI AML Regulations.
- Ability to operate multi-nationally with regulators, law enforcement, business partners and Agents.
- Ability to work in a self-directed and remote environment.
- Demonstrated ability to understand the Company's business practices, organizational structure, and general policies and procedures.
- Demonstrated ability to draft clear and professional correspondence and other documents of a legal, compliance and business nature.
- Excellent analysis and problem-solving skills.
- Excellent customer service skills and the ability to resolve customer complaints.
- Demonstrated ability to appropriately work with confidential information.
- Ability to facilitate the collection of information through interviews, meetings etc.
- Ability to articulate and convey complex, conceptual information to various audiences verbally and in writing.
- Proven ability to employ tact and to appropriately adjust communications when interacting with individuals at varying levels.
- Experience communicating with regulators and law enforcement agencies.
- Experience in public speaking and making clear and persuasive business presentations.
- Excellent demonstrated organizational skills, including time management, record keeping, self-scheduling, and follow-up.
- Must be a self-starter and be able to act independently.
- Demonstrated ability to handle multiple priorities in a dynamic environment.
- Language skills - fluent English; French, German or Spanish will be an asset.
- Openness to business travels (domestically and internationally)
Your future is in your hands.
When you start a career at MoneyGram, you join a talented and motivated team that builds the success of a trusted, global provider of innovative money transfer and payment services.
Here are some reasons it is so easy to love your career with us!
- Comprehensive Health Insurance - Full coverage, including dental care. Stay healthy and worry-free!
- Life and Accident Insurance - Peace of mind with coverage that protects you and your loved ones.
- Pension Program - Secure your future with our robust pension plan, ensuring a comfortable retirement.
- Gym Membership Stipend - Stay fit and healthy with our gym membership stipend. Your wellness is our priority.
- Income Protection - Safeguard your income with our comprehensive income protection plan.
- Childcare vouchers - to help you save on childcare costs and ensure your family is well-supported while you focus on your career.
- Convenient Commuting Options:
- Season Ticket Loan - Simplify your daily commute with our interest-free season ticket loan, making your journey to work cost-effective and hassle-free.
- Cycle to Work Scheme - Embrace a healthier lifestyle and reduce your carbon footprint with our Cycle to Work scheme. Enjoy significant savings on a brand-new bike and accessories, all while promoting a greener way to commute.
- Community Service Days - Make a difference! Enjoy paid days off to volunteer and give back to your community.
- Tuition Reimbursement - Invest in your future with our tuition reimbursement program. We support your educational and career growth.
- Transfer Fee Reimbursement - Smooth transitions with reimbursement for any transfer-related fees. We've got you covered.
- Employee Assistance Program - Access to confidential counseling and support services for personal and professional well-being.
- Employee Referral Program - Help us grow our team! Earn rewards for referring talented friends and colleagues.