Transak on cord

Transak

MLRO

External position
Hiring internally for Transak?
Blockchain · FinTech · Payments
Making Web3 Applications Accessible
Posted
a month ago
Checked
cord regularly checks that external positions are still open
20 hours ago

Skills & Experience

Job roles: Risk and Compliance
Experience level: Lead
Core skills considered: Regulated business exp
Other skills considered: Stakeholder Management

Logistics

Base salary: Undisclosed
Some companies on cord are unable to disclose salaries publicly due to internal company policies. Message the company for salary information.
Employment type: Permanent
Remote working: On-site
Visa sponsorship: Not available

Job Description

The UK MLRO is Transak's named nominated officer for the UK regulated entity, holding personal statutory accountability under the Money Laundering Regulations 2017 and the Proceeds of Crime Act 2002 for the detection, prevention and reporting of financial crime.

This is a role with individual regulatory liability, not a delegated function. The postholder owns the UK financial crime control environment end to end: risk assessment, policy, customer due diligence, transaction monitoring, sanctions, Travel Rule, suspicious activity reporting, and the relationship with the FCA and the NCA.

The timing is deliberate. Transak is preparing its application through the FCA cryptoasset authorisation gateway, which opens on 30 September 2026 and closes on 28 February 2027. The UK MLRO is on the critical path for that application and will be expected to drive it, front it, and carry the firm through submission, supervisory scrutiny, and into the FSMA regime that follows.

The successful candidate must be capable of holding the line. The role exists to protect the firm and the market, and that means being willing to say no, to document why, and to defend that position to a regulator.


Key Responsibilities:

1. Statutory Accountability and Nominated Officer Function

  • Act as the named nominated officer under regulation 21(3) of the Money Laundering Regulations 2017 for the UK entity, with personal accountability for the receipt, evaluation and onward reporting of internal suspicion reports.
  • Own suspicious activity reporting to the National Crime Agency, including SAR quality, DAML requests, consent decisioning, and the management of tipping-off risk under sections 330 to 333A POCA 2002.
  • Maintain unrestricted and direct access to the Board, with the standing and independence to escalate without filtering through commercial reporting lines.
  • Hold and evidence continuing fitness and propriety, including readiness to be assessed as the named senior manager function holder on FSMA authorisation.
  • Ensure the nominated officer function is covered at all times, including through a designated deputy arrangement with documented delegation and handover.

2. Financial Crime Framework Ownership

  • Own the UK business-wide risk assessment, ensuring methodology, data inputs and conclusions are current, defensible, and connected to actual control decisions rather than produced as a compliance artefact.
  • Own the AML and CTF policy suite and supporting procedures for the UK entity, ensuring they reflect the Money Laundering Regulations, JMLSG guidance, and the FCA Financial Crime Guide.
  • Govern the customer due diligence framework, including simplified and enhanced due diligence triggers, PEP and sanctions handling, source of funds and source of wealth standards, and ongoing monitoring.
  • Own transaction monitoring rule design, calibration and governance, working with Risk Engineering and Data to ensure coverage of relevant typologies, evidenced tuning, and documented rationale for every live rule.
  • Ensure the control framework is evidenced to a standard that survives supervisory inspection, with clear ownership, testing, and audit trail.

3. Sanctions, Travel Rule and Crypto-Specific Obligations

  • Own the UK sanctions compliance framework, including screening scope, list coverage, fuzzy matching thresholds, alert handling, true match escalation, and OFSI reporting obligations.
  • Own Travel Rule compliance under the Money Laundering Regulations, including originator and beneficiary data handling, counterparty VASP due diligence, missing and incomplete data workflows, and sunrise-period risk decisions.
  • Govern blockchain analytics and wallet screening, including exposure thresholds, indirect exposure treatment, and the escalation path from a screening hit to a freeze or SAR.
  • Assess and challenge new assets, chains, payment methods and jurisdictions before enablement, applying documented financial crime criteria rather than reacting after launch.
  • Maintain readiness for asset freeze and reporting events, with a tested playbook covering freeze, restriction, OFSI notification, SAR filing and internal escalation.

4. Regulatory Engagement and Authorisation

  • Serve as a primary regulatory point of contact for the FCA on financial crime matters for the UK entity, including supervisory correspondence, information requests, and on-site engagement.
  • Drive the FCA cryptoasset authorisation application and act as its external face on financial crime, owning the financial crime content of the application pack, fronting it with the FCA, and defending it under supervisory challenge through to determination.
  • Own regulatory reporting obligations, including REP-CRIM and any successor returns, ensuring data accuracy and internal validation before submission.
  • Translate regulatory change into operational control change, maintaining a horizon-scanning process that produces decisions rather than summaries.
  • Build credibility-based relationships with supervisors, characterised by early disclosure, accurate reporting, and no surprises.

5. Governance, Reporting and Assurance

  • Produce the MLRO Annual Report to a standard suitable for Board approval and regulatory disclosure, including honest assessment of control weaknesses and resource adequacy.
  • Chair or co-own the AML and CFT Committee for the UK entity, ensuring decisions are minuted, actions are tracked, and escalations are resolved.
  • Provide regular financial crime management information to the Board and Group Leadership, using metrics that show control effectiveness rather than activity volume.
  • Own remediation delivery for financial crime findings from supervisory assessments, internal audit, and independent review, with evidenced closure.
  • Support independent testing and assurance of the AML framework, including scoping, response to findings, and challenge where findings are wrong.

6. Advisory, Leadership and Culture

  • Advise the business on financial crime risk in product, partnership and market expansion decisions, providing a clear position and a documented rationale within agreed service levels.
  • Lead and develop UK financial crime staff, including the deputy nominated officer and analyst capability, building decision-making capability rather than escalation dependency.
  • Deliver targeted financial crime training to first line, customer support, sales and engineering, calibrated to the actual risks those functions encounter.
  • Champion a speak-up culture on financial crime, ensuring concerns surface early and are handled without retaliation.
  • Act as a visible and credible authority whose challenge is respected commercially, not routed around.

Requirements

  • 8+ years in financial crime compliance, with meaningful time in an FCA-regulated firm.
  • Prior service as MLRO, deputy MLRO or nominated officer, with personal SAR and DAML decision-making experience.
  • Fluent working knowledge of the Money Laundering Regulations 2017, POCA 2002,
MLRO at Transak
Position posted a month ago

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Starling Bank on cord

Starling Bank

Full Stack Engineer (ML Ops)

London, UK
FinTech · Banking · Finance
A better bank for everyone
Active
over 6 months ago
Responds to
0% of requests
Responds in
1h 55m
Requests
7 pending

Skills & Experience

Job roles: Full Stack
Experience level: Mid, Senior
Core skills considered: Java, React, Redux, AWS, JavaScript

Logistics

Base salary: £70K - £110K
Employment type: Permanent
Remote working: Hybrid (up to 2 remote days p/w)
Visa sponsorship: Not available

Job Description

Starling is the UK’s first and leading digital bank on a mission to fix banking! Our vision is fast technology, fair service, and honest values. All at the tap of a phone, all the time.

Starling is the UK’s first and leading digital bank on a mission to fix banking! We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way.

We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,000 people across our London, Southampton, Cardiff and Manchester offices.

Our technologists are at the very heart of Starling and enjoy working in a fast-paced environment that is all about building things, creating new stuff, and disruptive technology that keeps us on the cutting edge of fintech. We operate a flat structure to empower you to make decisions regardless of what your primary responsibilities may be, innovation and collaboration will be at the core of everything you do. Help is never far away in our open culture, you will find support in your team and from across the business, we are in this together!

The way to thrive and shine within Starling is to be a self-driven individual and be able to take full ownership of everything around you: From building things, designing, discovering, to sharing knowledge with your colleagues and making sure all processes are efficient and productive to deliver the best possible results for our customers. Our purpose is underpinned by five Starling values: Listen, Keep It Simple, Do The Right Thing, Own It, and Aim For Greatness.

Hybrid Working

We have a Hybrid approach to working here at Starling - our preference is that you're located within a commutable distance of one of our offices so that we're able to interact and collaborate in person. We don't like to mandate how much you visit the office and work from home, that's to be agreed upon between you and your manager.

Our Data Environment

Our Data teams are excited about the value of data within the business, powers our product decisions to improve things for our customers and enhance effective and agile decision making, regardless of what their primary tech stack may be. Hear from the team in our latest blogs or our case studies with Women in Tech.

We are looking for talented data professionals at all levels to join the team. We value people being engaged and caring about customers, caring about the code they write and the contribution they make to Starling. People with a broad ability to apply themselves to a multitude of problems and challenges, who can work across teams do great things here at Starling, to continue changing banking for good.

Requirements

We have built our entire banking platform in house and mostly in Java. We are looking for people who want to work on building the tooling that is used by our engineers on a daily basis.

We are looking for people who are truly full stack, and are as comfortable polishing their javascript front end as they are debugging the innards of their java applications database interactions, or standing up infrastructure with terraform. We are looking for people who can:

  • Design REST apis.
  • Code backend services, ideally using Java, or another other server side compiled language.
  • Develop modern front ends, ideally using React and Redux.
  • Get their code into the cloud and support it there, ideally on AWS.
  • Believe in clean coding, simple solutions, automated testing and continuous deployment.
  • Like to take ownership of a feature from the original idea through to live.
  • Think (like us) that a small number of empowered developers is the right way to deliver software.

Company Benefits

  • 33 days holiday (including flexible bank holidays)
  • An extra day’s holiday for your birthday
  • 16 hours paid volunteering time a year
  • Part-time and/or flexible hours available for most roles
  • Salary sacrifice, company enhanced pension scheme
  • Life insurance at 4x your salary
  • Hybrid/remote working
  • Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
  • Generous family-friendly policies
  • Varied social groups set up and run by our employees
  • Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
  • Access to initiatives like Cycle to Work, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing

Full details are available on our careers site

Interview Process

Interviewing is a two way process and we want you to have the time and opportunity to get to know us, as much as we are getting to know you! Our interviews are conversational and we want to get the best from you, so come with questions and be curious. In general you can expect the below, following a chat with one of our Talent Team:

  • Stage 1 - 30 mins with one of the team
  • Stage 2 - Take home challenge
  • Stage 3 - 90 mins technical interview with two team members
  • Stage 3 - 45 min final with an executive and a member of the people team
Alex Yeates on cord
Message Alex Yeates at Starling Bank
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