Cryptocurrency FinTech looking for new MLRO

Our client is a Cryptocurrency FinTech, who had just received their banking licence in addition to the payments and e-wallet products they already offered their customers. 

The Challenge

They came to FourthLine needing to hire a new MLRO who could support them through the next stage of their growth.

Although the business operates on a predominately remote working basis, they needed the MLRO to be based in the same location as where their banking licence was granted, which was Gibraltar in this case. Our client was also keen to find an individual with experience of Cryptocurrency, someone who could ask the tough questions but could also build relationships with internal and external stakeholders, including the regulator.

The Solution

Through our investment in CRM search and analytical tools, Advertising and Networking platforms, we could search for and find a long list of candidates who we felt matched our client's brief.

We discreetly reached out to the identified target candidates and had confidential conversations with them about the opportunity and business, answering any questions they had. A number of great candidates were keen for us to present their details to our client for consideration.

Having chosen a shortlist of candidates to interview, we then coached those candidates through the interview process, letting them know what to expect from different interviewers at each stage of the process. 

Our candidates went through interviews with HR, the Head of Compliance and CFO, all in a short time period. When our client had chosen their preferred candidate, we discussed the offer together and changed the level of that offer after considering the candidate's full package and the possibility of a probable counteroffer. I put that offer to my candidate and they were delighted to verbally accept and then handed their notice in once they had received the contract in full.

No negotiations, no back and forth and no delays.

If your firm is struggling to find the right regulatory compliance experts please feel free to book a call with Patrick McMahon, our Head of Compliance Recruitment here>

To request more info about how FourthLine can help you with your risk, compliance or tech recruitment needs please click here>



Topics: Investment Management, Technology Media and Telecoms, Financial Crime, Talent Solutions, Case Studies, Financial Climate risk

February 19, 2021