Regulatory and Sanctions Compliance Advisory Officer

JR United Kingdom; London; Remote; USD 50,000 - 90,000; Full time

Job description

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Regulatory and Sanctions Compliance Advisory Officer, London

Client:

MarTrust

Location:

London, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

9

Posted:

18.04.2025

Expiry Date:

02.06.2025

Job Description:

Join MarTrust as a Regulatory and Sanctions Compliance Advisory Officer

A Remote-First Opportunity with Flexible Work Culture

MARTRUST: WHERE FINTECH MEETS MARITIME

MarTrust is a leading provider of digital payment solutions for the shipping industry. With leading products such as our maritime wallet and card, we've achieved substantial growth, currently processing $14 billion annually, and we're just getting started!

MarTrust’s mission: empowering seafarers

With over a million seafarers worldwide facing difficult and often dangerous conditions far from home, the process of paying them and facilitating fund transfers poses numerous complications and risks. The MarTrust e-wallet tackles these challenges, enhancing seafarer welfare by offering them peace of mind and support far away from home, making a meaningful difference in their lives.

With over 650 customers across 53 countries, an energetic team of 980+ members worldwide, and ambitious growth targets for 2025, we’re poised for continued success. Now, we’re looking for talented individuals who are as committed to excellence as we are to join us in this exciting journey.

About the Role: Regulatory and Sanctions Compliance Advisory Officer

As our Regulatory and Sanctions Compliance Advisory Officer, you will ensure the institution adheres to UK and other relevant countries’ regulatory requirements, including PSRs, EMRs, MLRs, FCA handbook and other guidelines, by providing expert advice, guidance and recommendations on policies and appropriate compliance frameworks. The role also involves advising the business on international sanctions-related matters.

Your Day-to-Day Will Involve:

Regulatory Compliance

Continuously analysing MarTrust’s compliance with all relevant regulations, including FCA guidelines, Payment Services Regulations (PSRs), and Money Laundering Regulations (MLRs) and any other relevant international laws and regulations applicable to MarTrust in the UK, Portugal, Hong Kong, UAE and any other applicable countries.

Provide advisory support on the regulatory implications of new products, services, markets or any other relevant activities.

AML (Anti-Money Laundering) Compliance

Advise relevant stakeholders on appropriate implementation of AML and Counter-Terrorist Financing (CTF) related regulations, laws, regulatory guidance.

Provide continuous advisory support in relation to appropriate and practical application of customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring processes.

Sanctions Compliance

Continuously monitor compliance with UK, EU, UN, and US sanctions regimes and provide clear guidance on mitigating sanctions risks.

Oversee the implementation of sanctions screening tools to identify and block transactions involving sanctioned individuals or entities.

Provide continuous advisory to relevant stakeholders in relation to sanctions compliance instances.

Compliance Advisory

Assist CCO with regulatory and compliance-related queries, providing practical and timely advice to stakeholders.

Collaborate with senior management to ensure compliance risks are identified and managed effectively.

Provide training and awareness programs for employees on regulatory, AML, and sanctions compliance requirements.

Stakeholder Engagement

Liaise with regulatory authorities, such as the FCA and OFSI, on compliance-related matters.

Represent the organization during external audits or inspections conducted by regulators or third parties.

Assisting the Chief Compliance Officer and the BoD as and when required:

Providing advisory assistance with international expansion and obtaining of local regulatory permissions;

Management and delivery of ad-hoc projects;

Assistance with any other matters to ensure development of Compliance framework is achieved accordingly.

Ensuring the continuous professional development is achieved by the following:

Following updates of relevant laws, regulations, and other industry developments;

Attending conferences, webinars, courses etc; and

Presenting relevant and local regulatory changes to the Chief Compliance Officer.

What we ideally need for this role:

• Master’s Degree in Law
• Qualified Lawyer (advantage)
• Member of Bar Association (advantage)
• Member of Compliance Association (advantage)
• Minimum of 6 years legal and compliance advisory experience within a global financial institution/fintech/FCA regulated entity ideally headquartered in the UK.
• Strong understanding of UK financial regulations, including FCA guidelines, Payment Services Regulations (PSRs), E-Money Regulations (EMRs) and other applicable frameworks.
• Knowledge of the role and requirements of an API (Authorized Payment Institution), including safeguarding, capital adequacy, and regulatory reporting.
• Experience interpreting regulatory updates and their impact on business operations.
• Expertise in AML/CTF (Counter-Terrorist Financing) laws and regulations, including the Money Laundering Regulations (MLR) in the UK.
• Proficiency in understanding of different ways of conducting customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring.
• Strong understanding of risk-based approaches to AML compliance.
• In-depth knowledge of UK sanctions regimes (OFSI), as well as international sanctions frameworks (EU, UN, and US OFAC sanctions).
• Experience in designing robust sanction screening programmes within payments processing.
• Ability to interpret complex sanctions guidance and provide clear advice on mitigating sanctions risks.
• Ability to follow changes in international sanctions and present updates to the CCO.
• Strong analytical skills to assess regulatory, AML, and sanctions risks and propose effective mitigation strategies.
• Excellent communication skills to provide clear and practical compliance advice to internal stakeholders at all levels.
• Experience in reviewing and advising on improvements to compliance policies and procedures.
• Familiarity with compliance technology, including AML transaction monitoring systems and sanctions screening tools.
• Strong ethical standards and integrity in handling sensitive compliance issues.
• Ability to work under pressure, manage competing priorities, and meet deadlines.
• Proactive approach to keeping up with regulatory changes and trends in the compliance field.

THE STRENGTH OF THE MARCURA BRAND BEHIND YOU

Led by visionary founders with a 23-year legacy, Marcura’s mission is to modernize global shipping through digital solutions. With a strong portfolio tailored to the maritime sector, we continuously reduce analog inefficiencies with our innovative products.

• Global reach. Our 650+ customers span 53 countries, and our team of 950+ operates across 25 countries.
• Growth-focused. We’re expanding product offerings and targeting significant growth in 2024 and beyond.

Why MarTrust? Here’s What We Offer:

• Competitive Salary and Bonus: We reward your expertise and contributions.
• Flexible, Remote-First with In-Person Connections: Enjoy benefits of a remote-first role, with onsite touchpoints for team synergy and project alignment.
• Inclusive Onboarding Experience: Our onboarding program is designed to set you up for success right from day one.
• Marcura Wellness Zone: We value your work-life balance and well-being.
• Diverse, Supportive Work Culture: We’re committed to inclusion, diversity, and a sense of belonging for all team members.

Our Vision and Values

Marcura’s innovative products continue to shape the maritime industry, enhancing productivity and creating a positive, lasting impact. By automating repetitive tasks, we empower maritime professionals to focus on more strategic, rewarding work. We’re proud of our progress in diversity, particularly in increasing gender representation in a traditionally male-dominated industry. At Marcura, we believe in hiring exceptional people and fostering a workplace where everyone can thrive.

Ready to make a difference in a rapidly growing, global tech company? Apply today and let’s chart the course forward, together.

For more information about our journey and mission, visit our website and LinkedIn pages.