MLRO, UK
Transak is payments infrastructure for stablecoins and crypto, enabling financial applications to provide fiat-to-crypto and crypto-to-fiat flows, virtual-account payments, compliance, and settlement.
Funding history
Projects
About Transak
Transak provides API- and widget-based crypto payment infrastructure for financial applications. Its offering covers on-ramp, off-ramp, NFT checkout, virtual-account payments, OTC trading, KYC, compliance, payment-method integration, and stablecoin settlement across multiple jurisdictions and blockchain networks.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
The UK MLRO acts as Transak's named nominated officer, holding personal statutory accountability for detecting, preventing, and reporting financial crime. The role owns the UK financial crime control environment and serves as the financial crime lead for the FCA cryptoasset authorisation application.
Requirements
- 8+ years in financial crime compliance
- Meaningful experience in an FCA-regulated firm
- Prior service as MLRO, deputy MLRO, or nominated officer
- Personal SAR and DAML decision-making experience
- Working knowledge of the Money Laundering Regulations 2017
- Working knowledge of POCA 2002
- Working knowledge of the Terrorism Act 2000
- Working knowledge of JMLSG guidance
- Working knowledge of the FCA Financial Crime Guide
- Ownership of a business-wide risk assessment, transaction monitoring framework, or sanctions programme
- Regulator-facing experience
- Capability to drive a licence application and act as its external face
- Fit and proper status for approval as a senior manager function holder
- Cryptoasset, VASP, payments or e-money experience
- Previously approved as SMF17 or an equivalent named regulatory role
- ICA Diploma, ACAMS or CAMS-Audit certification
- Hands-on experience with blockchain analytics tooling and Travel Rule solutions
- Experience of a firm going through an authorisation gateway or a variation of permission
- Experience building a function rather than inheriting a mature one
Responsibilities
- Act as the named nominated officer for the UK entity
- Own suspicious activity reporting to the National Crime Agency
- Maintain direct access to the Board
- Ensure continuing fitness and propriety
- Ensure continuous coverage of the nominated officer function
- Own the UK business-wide risk assessment
- Own the AML and CTF policy suite and supporting procedures
- Govern the customer due diligence framework
- Own transaction monitoring rule design, calibration, and governance
- Ensure the control framework is evidenced for supervisory inspection
- Own the UK sanctions compliance framework
- Own Travel Rule compliance
- Govern blockchain analytics and wallet screening
- Assess new assets, chains, payment methods, and jurisdictions
- Maintain readiness for asset freeze and reporting events
- Serve as a primary regulatory point of contact for the FCA
- Drive the FCA cryptoasset authorisation application
- Own regulatory reporting obligations
- Translate regulatory change into operational control change
- Build relationships with supervisors
- Produce the MLRO Annual Report
- Chair or co-own the AML and CFT Committee
- Provide financial crime management information to the Board and Group Leadership
- Own remediation delivery for financial crime findings
- Support independent testing and assurance of the AML framework
- Advise the business on financial crime risk
- Lead and develop UK financial crime staff
- Deliver targeted financial crime training
- Champion a speak-up culture on financial crime
- Act as a visible and credible authority
Benefits
- Equity options
- Comprehensive benefits offering
- Fast-moving, fun, and international company
- Transparent, open, and collaborative work environment
- Competitive compensation package
