YouLend

Revenue-based financing for ecommerce merchants

Deputy MLRO

Financial Crime & AMLUpdated on Nov 13

Full-timeLondon, UKNo salary listedIn-person

About the Job

Requirements

Significant experience in financial crime within regulated financial services, ideally in a payment institution, electronic money institution, fintech, SME lending, merchant acquiring, corporate lending or similar environment.
Experience acting as MLRO, Deputy MLRO, Nominated Officer or in a role taking SAR decisions within a regulated financial services business.
Strong understanding of UK financial crime requirements, including the MLRs, JMLSG guidance, sanctions, SARs, NCA reporting and FCA expectations.
Experience working with EU financial crime requirements, cross-border financial crime frameworks or multi-jurisdictional financial crime governance.
Experience overseeing KYC/KYB, CDD, transaction monitoring, sanctions screening, PEP/adverse media screening, fraud controls, customer risk assessment and ongoing monitoring.
Experience working with financial crime operations teams, including escalation frameworks, QA, MI, training and continuous improvement.
Strong experience preparing senior management reporting, committee papers, regulatory responses and clear written assessments.
Willingness to be notified to the FCA and to other EU authorities where required in a regulated individual role.
Strong judgment and ability to apply a practical, risk-based approach in a fast-moving business, and confidence to hold a position under commercial pressure.
Ability to use data, MI and assurance findings to assess control effectiveness and drive improvements.
Ability to challenge constructively and influence senior stakeholders.
Ability to work across Legal, Regulatory Compliance, Operations, Product, Data, Engineering and Commercial teams.
Strong written skills and ability to produce clear, concise and regulatorily defensible analysis.
Ability to improve controls in a pragmatic, structured and execution-focused manner without creating unnecessary complexity.

Responsibilities

Deputise for the MLRO as Nominated Officer under the Proceeds of Crime Act 2002 and the Terrorism Act 2000, taking SAR and DAML decisions under written delegation when the MLRO is unavailable.
Support refinement of the financial crime framework across the UK and EU, including AML/CTF, screening, KYC/KYB, customer risk assessment, transaction monitoring, ongoing monitoring and SAR processes.
Contribute to financial crime risk assessments, including Business Wide, Customer, Country, product, partner and channel risk assessments.
Keep financial crime policies, standards and procedures current, practical and embedded across relevant first- and second-line teams.
Provide senior financial crime advice on new products, partners, markets, operational changes and strategic initiatives.
Oversee the effectiveness of financial crime systems and controls, including CDD, screening, transaction monitoring, escalation processes, SAR decisioning, high-risk customer management and ongoing monitoring.
Provide enhanced due diligence, PEP and high-risk sign-off within delegated limits, escalating decisions above those limits to the MLRO.
Work with Financial Crime Operations to ensure controls are applied consistently and efficiently in line with policies and risk appetite, including oversight of outsourced due diligence providers.
Review and refine transaction monitoring, KYC/KYB and AML processes with Operations, Product, Data, Engineering and Transformation teams, and identify responsible opportunities to use automation and AI.
Act as a financial crime contact for regulators, law enforcement, external advisors and internal stakeholders, including the FCA and the Danish FSA, as appropriate.
Support the Risk & Compliance Committee with papers, MI, action tracking and escalation of material issues.
Refine financial crime MI to provide senior stakeholders insight into risk trends, control effectiveness, operational performance, backlogs, alerts, SARs, high-risk customers, screening outcomes and agreed actions.
Support regulatory notifications, information requests, audits, thematic reviews and other financial crime regulatory engagement, and contribute to the annual MLRO report.
Lead readiness for the EU AML Regulation, including customer due diligence design decisions for markets such as Germany and France.
Lead and support financial crime compliance assurance reviews, thematic reviews and control testing.
Track assurance actions through to closure, ensuring outcomes are documented and appropriately evidenced.
Use MI, assurance findings and operational feedback to identify trends, improve controls and support continuous improvement.
Ensure relevant first- and second-line teams are trained and equipped to identify, escalate and manage financial crime risks, and coach second-line analysts.
Mature the risk-based approach so controls are commercially workable and regulatorily defensible.

Desired Qualifications

Knowledge of Danish, German or French financial crime requirements, or the EU AML Regulation.
ICA Advanced Certificate or Diploma in Anti-Money Laundering, ACAMS (CAMS) certification, or equivalent experience.

The Deputy MLRO will deputise for the MLRO & Head of Financial Crime and help ensure that YouLend's financial crime framework remains effective, risk-based and aligned with our continued growth across the UK and EU.

YouLend has made significant investment in its financial crime infrastructure, including enhancements to KYC/KYB, AML controls, transaction monitoring, screening, MI, governance and Financial Crime Operations. This is not a greenfield role. The focus is on owning, assuring and future-proofing the framework, including readiness for the EU AML Regulation in July 2027, so that it remains proportionate to YouLend's business model, regulatory obligations and risk appetite.

The role will act as Nominated Officer under delegated authority from the MLRO, provide named cover across the UK and EU entities, and work with the Danish MLRO. It will work closely with Legal, Regulatory Compliance, Financial Crime Operations, Product, Data, Engineering, Transformation and Commercial teams, and will support the Risk & Compliance Committee and regulatory engagement and reporting where required.

Nominated Officer Cover & Financial Crime Framework
Deputise for the MLRO as Nominated Officer under the Proceeds of Crime Act 2002 and the Terrorism Act 2000, taking SAR and DAML decisions under a written delegation when the MLRO is unavailable.
Support the ongoing refinement of YouLend's financial crime framework across the UK and EU, including AML/CTF, screening, KYC/KYB, customer risk assessment, transaction monitoring, ongoing monitoring and SAR processes.
Contribute to YouLend's financial crime risk assessments, including the Business Wide Risk Assessment, Customer Risk Assessment, Country Risk Assessment and relevant product, partner and channel risk assessments.
Ensure financial crime policies, standards and procedures remain current, practical and embedded across relevant first- and second-line teams.
Provide senior financial crime advice to the business on new products, partners, markets, operational changes and strategic initiatives. Systems, Controls & Financial Crime Operations
Oversee the effectiveness of YouLend's financial crime systems and controls, including CDD, screening, transaction monitoring, escalation processes, SAR decisioning, high-risk customer management and ongoing monitoring.
Provide enhanced due diligence, PEP and high-risk sign-off within delegated limits, and escalate decisions above them to the MLRO.
Work closely with Financial Crime Operations to ensure controls are applied consistently, efficiently and in line with YouLend's policies and risk appetite, including oversight of outsourced due diligence providers.
Review and refine transaction monitoring, KYC/KYB and AML processes, working closely with Operations, Product, Data, Engineering and Transformation teams, and identify responsible opportunities to use automation and AI. Governance & Regulatory Engagement
Act as a key financial crime contact for regulators, law enforcement, external advisors and internal stakeholders, as appropriate, including the FCA and the Danish FSA.
Support the Risk & Compliance Committee, including papers, MI, action tracking and escalation of material issues.
Refine financial crime MI so that senior stakeholders have clear insight into risk trends, control effectiveness, operational performance, backlogs, alerts, SARs, high-risk customers, screening outcomes and agreed actions.
Support regulatory notifications, information requests, audits, thematic reviews and other regulatory engagement relating to financial crime, and contribute to the annual MLRO report.
Lead readiness for the EU AML Regulation, including customer due diligence design decisions for markets such as Germany and France. Assurance, Monitoring & Continuous Improvement
Lead and support financial crime compliance assurance reviews, thematic reviews and control testing.
Track assurance actions through to closure, ensuring outcomes are clearly documented and appropriately evidenced.
Use MI, assurance findings and operational feedback to identify trends, improve controls and support continuous improvement.
Ensure relevant first and second line teams are trained and equipped to identify, escalate and manage financial crime risks, and coach second-line analysts.
Continue to mature YouLend's risk-based approach, ensuring controls are commercially workable while remaining regulatorily defensible.

Significant experience in financial crime within regulated financial services, ideally within a payment institution, electronic money institution, fintech, SME lending, merchant acquiring, corporate lending or similar environment.
Experience acting as MLRO, Deputy MLRO, Nominated Officer or in a role taking SAR decisions within a regulated financial services business.
Strong understanding of UK financial crime requirements, including the MLRs, JMLSG guidance, sanctions, SARs, NCA reporting and FCA expectations.
Experience working with EU financial crime requirements, cross-border financial crime frameworks or multi-jurisdictional financial crime governance. Knowledge of Danish, German or French requirements, or the EU AML Regulation, is helpful.
Experience overseeing KYC/KYB, CDD, transaction monitoring, sanctions screening, PEP/adverse media screening, fraud controls, customer risk assessment and ongoing monitoring.
Experience working with financial crime operations teams, including escalation frameworks, QA, MI, training and continuous improvement.
Strong experience preparing senior management reporting, committee papers, regulatory responses and clear written assessments.
ICA Advanced Certificate or Diploma in Anti-Money Laundering, ACAMS (CAMS) certification, or equivalent experience.
Willingness to be notified to the FCA, and to other EU authorities where required, in a regulated individual role. Skills
Strong judgment and ability to apply a practical, risk-based approach in a fast-moving business, and the confidence to hold a position under commercial pressure.
Ability to use data, MI and assurance findings to assess control effectiveness and drive improvements.
Clear and credible communicator, with the ability to challenge constructively and influence senior stakeholders.
Comfortable working across Legal, Regulatory Compliance, Operations, Product, Data, Engineering and Commercial teams.
Strong written skills, with the ability to produce clear, concise and regulatorily defensible analysis.
Pragmatic, structured and execution-focused, with the ability to improve controls without creating unnecessary complexity.

About the Company

YouLend

Revenue-based financing for ecommerce merchants

YouLend provides revenue-based financing to merchants, letting businesses access funding tied to their sales. Funds are disbursed quickly (offers often the same day, funds next day) and repayments are automatically deducted as a fixed percentage of ongoing sales. The platform supports no-code and API integrations, making it easy to connect and go live, with real-time payouts that don’t wait for acquirer settlements. Its goal is to help merchants grow by offering fast, flexible funding that aligns with revenue and avoids traditional debt payments.

Company size: 501-1,000
Company stage: Not listed
Total funding: Not listed
Headquarters: London, United Kingdom
Founded: 2015

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