Compliance Monitoring Officer – 2nd Line

Posted April 25, 2023.

The compliance department needs to provide a service that is fit to accommodate the growth of MultiPass across multi jurisdictions. The role of Compliance Monitoring Officer – 2nd Line is a vital role within the Compliance Department, one which is key in ensuring the compliance programme is operating effectively and mitigating the risks that have been identified in various risk assessments.


  • Provide guidance and oversight to the first-line onboarding and transaction monitoring teams;
  • Conduct a testing programme across areas of the business that are impacted by the compliance and AML programmes;
  • Monitor regulations to ensure changes are understood and implemented where required;
  • Advise as to the compliance considerations relating to new products;
  • Manage the business-wide training programme;
  • Prepare and submit internal and external SAR’s;
  • Deal with customer complaints in accordance with policy;
  • Work closely with senior staff within the Compliance Department to enable enhancement of the Financial Crime programme;
  • Liaison between onboarding analysts and sales. Maintain a strong relationship and provide guidance in relation to compliance criteria;
  • Quality control - Sample testing of client accounts to ensure adherence to policy;
  • Assist the MLRO and Head of Financial Crime in optimising the AML programme;


In order to be successful in this role, we would expect to see:

  • Several years working within a payments or e-money regulated firm with a focus on corporate clients;
  • Understanding of the risks that are prevalent when dealing with various corporate entity structures within the deliverable FX and payments environment;
  • Knowledge of how money flows between counterparties;
  • Detailed understanding of the Money Laundering Directive and JMLSG;
  • Confidence in dealing with different departments as required when required and presenting at board level;
  • Open to travel between London and Riga up to 6 times per year.


  • Be a part of a top tier team of professionals, create complex one-of-a-kind in-house products and solutions;
  • Get extra benefits for your health and well-being; we will fully cover your health insurance, organise well-being lectures and workshops to promote and support self-care, and much more;
  • A perfect environment for professional growth and opportunities at our offices either in London or Riga.