UK Money Laundering Reporting Officer (MLRO)
What you need
- 8+ yrs of UK AML/financial crime experience
- FCA MLRO approval or prior SM&CR approved person status
- CAMS or ICA MLRO Diploma required
- Deep understanding of UK Money Laundering Regulations 2017
- SAR filing expertise via NCA SARs Online system
What you'll do
- Serve as FCA-approved MLRO under SM&CR
- Own UK AML/CTF compliance program
- File Suspicious Activity Reports to NCA
- Oversee transaction monitoring and sanctions screening
- Conduct AML training for UK staff
Who We Are
Cross River builds the infrastructure behind the world’s most innovative financial products. Our technology and capital solutions power payments, cards, lending, and digital asset capabilities that move money safely, instantly, and inclusively — trusted by leading fintechs, enterprises, and disruptors across the globe.
Our mission is simple: to build the financial infrastructure that expands access and opportunity for all. Guided by a culture of collaboration, curiosity, and purpose, Cross River has been named one of American Banker’s Best Places to Work in Fintech year after year. Whether you’re designing code, solving regulatory puzzles, or developing strategy, you’ll join a team where innovation and integrity drive everything we do — and where your work helps shape the future of finance.
What We're Looking For
This position is an FCA-designated MLRO for our entity based in the UK. The person in this role will be responsible for AML/CTF program implementation, SAR filings, transaction monitoring oversight, and regulatory interface on financial crime matters.
Responsibilities:
- Serve as FCA-approved MLRO under SM&CR (SMF17 function)
- Own UK AML/CTF compliance program (policies, procedures, controls)
- File Suspicious Activity Reports (SARs) to NCA
- Oversee transaction monitoring and sanctions screening operations
- Coordinate with IDT Finance on cross-border AML matters
- Manage customer risk assessments (KYB/KYCC for fintech clients)
- Conduct AML training for UK staff
- Interface with FCA on AML supervisory matters
- Manage UK SAR regime and consent processes
- Internal investigations for potential money laundering/terrorist financing
- Annual AML risk assessment and board reporting
- Maintain relationship with Joint Money Laundering Taskforce (JMLIT)
Qualifications:
- 8+ years of UK AML/financial crime experience
- FCA MLRO approval or prior SM&CR approved person status
- CAMS or ICA MLRO Diploma required
- Deep understanding of UK Money Laundering Regulations 2017 (amended)
- SAR filing expertise (NCA SARs Online system)
- Experience with UK sanctions regime (OFSI)
- Payments/fintech/banking background
- Prior MLRO or Deputy MLRO role
- Understanding of BIN sponsorship AML requirements
- Experience with FCA skilled person reviews (S166)
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Salary Range: £90,000.00 - £125,000.00
Cross River is an Equal Opportunity Employer. Cross River does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.
By submitting your application, you give Cross River permission to email, call, or text you using the contact details provided. We will only contact you with job related information.
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About Cross River
Cross River Bank provides technology infrastructure powering the future of financial services. Leveraging a proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards and lending solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. Member FDIC.
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