Money Laundering Reporting Officer, UK

About The Role

As Shopify seeks its UK Electronic Money Institution (EMI) license, we are looking for a strategic and experienced compliance Money Laundering Reporting Officer, UK to lead our UK Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) efforts. You will be responsible for the licensing process, and, post-licensure, the day-to-day AML/CTF execution and suspicious reporting governance to ensure our UK compliance program is meeting regulatory expectations.

Team Overview

Within the Shopify Legal Team, the Compliance Team aims to ensure that Shopify is compliant with regulatory and contractual commitments while remaining agile to encourage growth and innovation. As Shopify continues to expand its financial products and services, we’re also expanding our Compliance Program to support Shopify’s mission of making commerce better for everyone. Our team’s mission is to implement and enforce policies and procedures that ensure Shopify complies with applicable laws and regulations so our merchants, partners, and third parties can trust us.

Key Responsibilities

• Lead effort to obtain EMI license in the UK, including designing our AML/CTF program to align with the UK's financial crimes regulations.
• Act as a key interface for the FCA and other relevant authorities on financial crime topics (information requests, meetings, supervisory engagement).
• Own and maintain the UK entity’s risk-based AML/CTF program (risk assessment, policies, procedures, controls, and governance cadence).
• Lead UK suspicious activity governance: receive internal escalations, make SAR filing decisions, submit SARs to the NCA, and manage post-filing confidentiality and follow-up.
• Oversee UK AML operations performance and effectiveness, including KYC/CDD/EDD standards, investigations, transaction monitoring and screening governance, and quality assurance/testing.
• Provide regular reporting to senior management and the entity’s board; escalate material issues promptly.
• Maintain audit/exam readiness and drive remediation of findings.

About You

• Significant AML/CTF leadership experience in a UK-regulated or UK-facing financial institution (payments/e-money strongly preferred), including ownership of a risk-based AML program.
• Direct Money Laundering Reporting Officer, UK / nominated officer experience (or demonstrably equivalent responsibility) including SAR decisioning and filing and management of SAR confidentiality constraints.
• Strong working knowledge of UK AML expectations for payments/e-money firms, including CDD/EDD, transaction monitoring, sanctions screening governance, investigations, and recordkeeping.
• Experience working collaboratively in building or scaling AML controls for new products, high-growth volumes, or distributed operations teams.
• Demonstrated ability to work effectively with a management board and to provide concise, defensible escalation and reporting.
• Experience engaging with regulators/supervisors and managing audit/exam activity and remediation.
• Ability to meet “fit and proper” expectations for a regulated key control role (including background screening).
• Ability to travel for in-person meetings, as needed (e.g., with regulators, financial partners).

Nice to have:

• CAMS / ICA or comparable certification.

Key skills/competency

• UK AML/CTF Regulations
• FCA Engagement
• Suspicious Activity Reports (SAR)
• KYC/CDD/EDD
• Transaction Monitoring
• Sanctions Screening
• Risk Assessment
• Compliance Program Management
• Financial Crime Prevention
• Regulatory Reporting