Deputy Money-Laundering Reporting Officer (DMLRO)

Location: Kings Hill, Kent (Hybrid working)

Industry: Banking

An exciting opportunity has come up with a bank who are looking for a deputy MLRO to help them on the next stage in their journey.

As Deputy MLRO you'll work closely with the MLRO to support the implementation of anti-money laundering and counter-terrorist financing measures. Responsibilities include assisting in generating MLRO reports, conducting risk assessments, and participating in thematic reviews.

Responsibilities:

• Manage suspicious activity reports, including submissions to the National Crime Agency
• Advise on the on-boarding, retention, or off-boarding of high-risk customers
• Assess the legitimacy of payments to sanctioned jurisdictions
• Analyse regulatory developments in financial crime
• Provide policy guidance, training, and monitoring on financial crime
• Assume MLRO responsibilities
• Transition financial crime processes into regulated firms from the Group

Requirements:

• Significant compliance experience gained in a financial institution or other similar environment
• A working understanding of:
  • Financial crime regulations and requirements
  • Current FCA, FATF, and JMLSG initiatives
  • Compliance planning and monitoring
  • FCA and NCA reporting requirements
  • Compliance reporting and corporate governance
• Relevant professional qualification (or commitment to study)
• Deep knowledge of regulations on financial crime and regulatory expectations
• Experience handling suspicious activity reports and assessing customer risks
• Proficiency in managing transactions involving sanctioned countries