Compliance Operations Manager, Money Laundering Reporting Officer UK

Tesla

Jan 17

Applications are closed

Job
Full-time
Senior & Expert Level
Legal
Banking & Finance
London

Requirements

You ideally hold a bachelor’s or master’s degree in law, finance, business management or have relevant working experience
You have compliance experience in the financial services industry
Thorough understanding of the regulatory environment of financial services in the UK, with an interest in other EMEA markets
You have an entrepreneurial hands-on mindset in a true start-up environment
Must have a keen attention to detail, excellent analytical and organizational skills
Excellent communication skills, with a business fluency level in English
Willingness to travel to be on site at Tesla locations in the UK or other EMEA markets

Responsibilities

Conducting customer due diligence (CDD) checks and ongoing in-life monitoring
Efficient development of EMEA compliance setup, with regards to private and commercial customers, alongside the implementation of any controls.
Regular and adhoc reporting for general compliance topics and anti-money-laundering (AML) related matters
Provide support to operational teams to ensure processes are completed in accordance with the defined policies and to quickly identify any gaps that may not meet the regulatory requirements.
Conduct and support internal and external audits, or regulatory reviews as required
Regularly review, monitoring and reporting of KYC processes to ensure full regulatory compliance as well as carry out overall compliance training management, including design, presentation, tracking and reporting
Scope out and provide compliance requirements in new projects or IT system changes, be clear on what the requirements are and using the regulation to support the requests you make
The ability to test and provide sign off that these requirements are met and working as intended.
Carry out assessments, monitoring, and documentation of internal controls in the areas of compliance, AML, prevention of terrorist financing and other criminal activities.
Conduct periodic money laundering and terrorist financing risk assessments
Management advisory on legal challenges and regulations and review and update of associated written framework.
Provide guidance to management and staff on AML-related issues

FAQs

What is the primary responsibility of the Compliance Operations Manager in this role?

The primary responsibility is to ensure oversight, guidance, and implementation of compliance policies, including anti-money laundering (AML) measures, while supporting operational teams and managing day-to-day compliance operations.

What qualifications are preferred for this position?

Ideally, candidates should hold a bachelor’s or master’s degree in law, finance, or business management, or have relevant working experience.

Is experience in the financial services industry necessary for this role?

Yes, compliance experience in the financial services industry is required.

What kind of regulatory knowledge is expected from the candidate?

A thorough understanding of the regulatory environment for financial services in the UK, along with an interest in other EMEA markets, is expected.

Will the Compliance Operations Manager need to conduct audits?

Yes, the role involves conducting and supporting internal and external audits or regulatory reviews as required.

Is there a language requirement for this position?

Yes, excellent communication skills with business fluency in English are required.

Is travel required for this role?

Yes, there is a willingness to travel required to be on-site at Tesla locations in the UK or other EMEA markets.

What skill sets are necessary for success in this role?

A keen attention to detail, excellent analytical and organizational skills, as well as strong communication abilities are necessary for success.

What role does the Compliance Operations Manager serve regarding anti-money laundering?

The Compliance Operations Manager serves as the Money Laundering Reporting Officer (MLRO) for Tesla Financial Services Limited, focusing on ensuring regulatory compliance especially related to AML.

How does Tesla support individuals with disabilities in the hiring process?

Tesla is committed to working with and providing reasonable accommodations to individuals with disabilities. Candidates are encouraged to inform their recruiter if they need accommodations at any point during the interview process.

Tesla

Tesla’s mission is to accelerate the world’s transition to sustainable energy.

Automotive

Industry

10,001+

Employees

2003

Founded Year

Mission & Purpose

Tesla’s mission is to accelerate the world’s transition to sustainable energy through increasingly affordable electric vehicles in addition to renewable energy generation and storage. California-based Tesla is committed to having the best-in-class in safety, performance, and reliability in all Tesla cars. There are currently over 275,000 Model S, Model X and Model 3 vehicles on the road worldwide. To achieve a sustainable energy future, Tesla also created infinitely scalable energy products: Powerwall, Powerpack and Solar Roof. As the world’s only vertically integrated energy company, Tesla continues to innovate, scale and reduce the costs of commercial and grid-scale systems, with the goal of ultimately getting us to 100% renewable energy grids.