MLRO (UK)

About Xace

• Xace is a global, multi-licensed finance infrastructure group, providing business accounts, international payments, cards, treasury, FX, safeguarding and financial technology to companies operating worldwide.
• Originally built for the iGaming sector, the Xace Group works with more than 1,000 brands, including the industry's leading names.
• Xace's technology arm delivers market-leading, module-based technology with hundreds of features, designed for multiple industries and used by other regulated fintechs.

The role

We are looking for a Money Laundering Reporting Officer who will own our financial crime framework. The role suits someone who holds genuine regulatory and statutory authority as MLRO, and who has hands-on experience in maintaining onboarding and monitoring workflows to screening and case management.

You will hold the MLRO function for Xace's FCA-authorised entity, with accountability for AML, CTF and sanctions compliance extending across the wider group of companies it supports.

Key responsibilities

• Act as MLRO for Xace's FCA-authorised entity, holding statutory responsibility for AML, CTF and sanctions compliance, and extending oversight to the group companies it supports
• Work hands-on across transaction monitoring and screening, designing and configuring detection rules and scenarios directly inside the platform rather than only briefing others on requirements
• Continuously review and improve the effectiveness of screening, monitoring and case management, testing changes, reducing false positives and closing gaps as they emerge
• Build and maintain compliance MI and reporting from Sumsub and other sources, for the Board, regulators and senior management
• Own the Sumsub end-to-end as the core system: configure and maintain workflows, build and automate onboarding, KYC/KYB and monitoring, adapt rules and thresholds, and drive constant improvements
• Lead business-wide, customer and product risk assessments, with particular attention to iGaming risk typologies
• Review, approve and submit SARs, and oversee financial crime investigations from escalation through to closure
• Own CDD/EDD and onboarding decisioning workflows within Sumsub, escalating to engineering only where a change genuinely sits outside the platform
• Act as primary liaison with the FCA, including notifications, information requests and reports
• Own and evolve AML/CTF/compliance/risk policies and procedures, and deliver training across the group
• Partner with product and engineering to embed compliance-by-design into new features, monitoring tools and reporting pipelines
• Conduct new and existing banking partner audits
• Act as the point of contact for law enforcement and NCA requests

What you'll bring

3+ years as MLRO, Deputy MLRO within a regulated payments or e-money environment

CAMS, ICA Diploma or equivalent AML/financial crime qualification

Deep knowledge of the Money Laundering Regulations 2017, JMLSG guidance, the FCA AML rulebook, and FATF standards

Hands-on Sumsub experience: building, automating and continuously improving workflows, rules and thresholds, configuring reporting, and interrogating transaction and customer data directly, rather than working within pre-set configurations or relying on support for every task

A track record of owning and improving a screening and monitoring platform over time, rather than leaving it static once configured

Comfort with data and reporting tools (Excel to advanced level, Power BI)

Strong report writing and board-level communication skills

What we're looking for in you

• Improvement mindset: you don't just review alerts, you spot where the rules, tooling or reporting can be improved, and implement it
• High ownership: the role carries real regulatory and reputational weight, and you hold yourself to the standard it demands
• Detail-oriented: you can hold a complex, multi-entity risk picture in your head and still spot the one alert that matters
• Pragmatic problem-solver: solving issues and taking ownership of the enhancements of the systems we use
• A significant advantage
• Prior approval as SMF with FCA, but not essential
• Experience with iGaming AML risk typologies, given Xace's core client base

What we offer

• Competitive salary + bonus
• Ownership of the AML and financial crime framework at a fast-growing, multi-licensed group
• Direct exposure to the Board and regulators
• Career path across group entities