Deputy MLRO

About the Client

Our client is a growing electronic money institution, providing multi-currency accounts, payment processing, card acquiring, and mass payout services for online businesses. Operating across sectors such as e-commerce, iGaming, affiliate marketing, and Forex, they offer services to high-risk verticals and are active participants in SEPA, SEPA Instant, and SWIFT networks.

Role Overview

Take on a challenging position as the Deputy MLRO, where you will have the opportunity to drive the compliance and risk agenda within a fully remote setting. You will manage the entire merchant risk lifecycle, ensuring adherence to regulatory requirements and optimizing risk strategies to support the company’s growth.

Key Responsibilities

• Manage the full merchant risk lifecycle: onboarding due diligence, ongoing monitoring, EDD reviews, escalations, and remediation.

• Prepare responses to EDD and compliance requests from IPS (Visa, Mastercard), including handling VIRP, BRAM, TLD, and merchant monitoring cases.

• Analyze complex merchant cases, including MCC accuracy, transaction laundering, website and traffic analysis, and business model validation.

• Draft defensible argumentation and remediation plans for IPS, sponsor banks, and commercial partners.

• Act as deputy to the MLRO on Financial Crime and AML matters: SAR reviews, escalations, sanctions, and PEP handling, transaction monitoring oversight.

• Support merchant onboarding and underwriting functions to ensure a balanced, risk-based approach.

Requirements

• Strong hands-on background in Acquiring Risk, AML, Financial Crime, and Compliance.

• Solid knowledge of the UK regulatory framework (FCA regime) and Visa/Mastercard scheme rules.

• Proven track record handling IPS EDD and compliance requests.

• Deep understanding of MCC classification, transaction laundering typologies, and high-risk business models.

• Demonstrated ability to independently analyze complex merchant cases and draft remediation plans.

• Languages: English, Russian.

• Experience in fintech.

Key Soft Skills

• Commercially oriented risk-based mindset.

• Ownership and autonomy.

• Strong written communication.

• Analytical rigour.

• Pragmatic and hands-on.

What We Offer

• Competitive salary aligned with experience.

• Collaborative and transparent team culture.

• High-impact role in a scaling fintech company.

• Recognition of personal milestones and achievements.

• Social benefits.