MLRO- GRC & Risk

About the role

SumUp's Governance, Risk and Compliance team sits at the heart of how we operate responsibly across our global markets. In the UK, we're at a pivotal moment, our financial crime function is growing, and we need the right person to lead it. As our UK MLRO, you'll hold statutory responsibility for SumUp's AML/CTF programme, serving as the primary point of contact with the FCA and UK law enforcement on all financial crime matters. This is a role where your expertise genuinely matters; the decisions you make, the frameworks you build, and the relationships you hold with regulators will directly shape how SumUp grows and operates in the UK. 🎥 Take a look at our London office.

Responsibilities

• Own and lead SumUp's UK AML/CTF programme, ensuring it meets FCA expectations and and hold overall responsibility for the effective detection, prevention, and reporting of financial crime across our UK operations
• Act as the primary point of contact with the FCA and UK law enforcement agencies on all financial-crime related matters and hold overall responsibility for the effective detection, prevention, and reporting of financial crime across our UK operations
• Review and make decisions on Suspicious Activity Reports (SARs), including complex escalations requiring careful judgement
• Oversee transaction monitoring, CDD/EDD processes, and second-line assurance of outsourced or technology-enabled controls
• Support preparation for FCA supervisory engagements, audits, and thematic reviews
• You'll be great for this role if...
• Prior experience as an MLRO or Deputy MLRO within the UK financial services sector, ideally in fintech, payments, or e-money
• Deep knowledge of UK AML/CTF regulations, JMLSG guidance, and law enforcement reporting frameworks
• Strong judgement when reviewing high-risk cases, transaction monitoring alerts, and complex CDD/EDD decisions and the ability to translate complex financial crime risks into practical measures that support business growth while ensuring compliance with AML/CTF regulations
• Ability to balance commercial priorities with regulatory obligations, and communicate confidently with the FCA and senior leadership
• Eligible for, or already approved for, FCA SMF17 designation
• Why you should join SumUp
• 🌎 Opportunity to work with a truly global, multicultural team from our central Covent Garden location, wrapped in historic charm and modern flair. This involves an office-first setup
• 🌈 Commitment to Diversity and Inclusion: be part of a workplace that values and promotes diversity, fostering an inclusive environment where everyone's perspectives are respected and embraced
• 🚀 Enrolment onto our Virtual Stock Option programme: you will own a stake in SumUp's future success
• 🏖 Generous time off: enjoy 28 days of paid leave, plus bank holidays and special leaves
• 📚 A dedicated annual L&D budget for attending conferences and/or advancing your career through further education
• 🏥 Health matters: private health insurance, including optical and dental
• 🚗 Life made easier: salary-sacrifice commuter benefits via Gogeta
• 💼 Financial security: retirement scheme (SumUp matches 7% when you contribute 5%)
• 🛡 Peace of mind: life insurance from MetLife for 2× your salary
• 🌴 Break4me: 1-month sabbatical after 3 years of service
• 🔗 Referral Bonus: earn additional rewards by referring talented individuals to join the SumUp team
• About SumUp
• Be empowered to do more that matters.
• At SumUp, we're on a mission to empower small businesses across the globe by providing simple and affordable tools that allow them to thrive. Today, over 4 million businesses in 37 markets rely on SumUp as their financial partner to manage payments, finance and customer relationships.

Benefits

Additional Information

MLRO - GRC & Risk, UK London

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