Mlro and Head of Compliance

About FastCredit UK: Fast Credit UK is a leading pawnbroking company operating 14 branches across the United Kingdom. Our areas of expertise include pawnbroking, jewellery retail, and foreign exchange (FX) transactions. We are committed to providing a secure, customer-focused, and fully compliant financial service environment. Job Purpose: The Head of Compliance & MLRO is responsible for ensuring the company maintains full compliance with all regulatory requirements, particularly in relation to financial crime, anti-money laundering (AML), and financial sanctions. This role serves as the first point of contact for regulators and internal stakeholders regarding compliance, risk management, and suspicious activity investigations. Key Responsibilities: 1.   Regulatory Liaison:

• Act as the primary point of contact for regulators and oversee all regulatory communications.
• Ensure timely submission of reports and adherence to regulatory timelines. 2.   Compliance Oversight:
• Ensure that the company remains compliant with all applicable laws, regulations, and internal policies at all times.
• Identify, monitor, and implement new or updated regulatory requirements, with a focus on financial crime prevention. 3.   Policy & Procedure Management:
• Develop, review, and maintain compliance and risk documentation, controls, policies, and procedures.
• Ensure the firm's AML Policy, Financial Sanctions Policy, and related procedures are up-to-date and effectively communicated. 4.   Risk & Incident Management:
• Act as the first point of contact for internal advice on compliance-related issues and complaints.
• Track potential risks, areas of concern, and manage corrective action plans for incident management. 5.   Financial Crime & Suspicious Activity Monitoring:
• Oversee the investigation, review, and resolution of all activities and transactions identified as potentially suspicious.
• Monitor customer risk, with clear reporting and escalation procedures for high-risk clients.
• Manage, and where necessary, conduct high-profile or sensitive investigations into compliance or financial crime matters. 6.   Training & Awareness:
• Promote a culture of compliance and ethical conduct throughout the organization.
• Provide guidance and training to staff on compliance, AML, and financial crime prevention measures. 7.   Reporting:
•  Prepare regular compliance and risk reports for senior management and regulators.
• Provide insight and recommendations to mitigate risks and improve internal controls. Required Skills & Qualifications:
•  Strong understanding of FCA, HMRC, and AML regulations.
• Experience in AML, compliance, and regulatory reporting within financial services.
• Strong analytical skills for compliance monitoring and due diligence.
• Excellent communication and training skills.
• Leadership experience with the ability to influence and train staff at all levels.
• Professional certifications (e.g., ACAMS, ICA, or equivalent) preferred.