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Deputy MLRO
- Posted 16 May 2024
- Salary Competative Benefits Package
- LocationKent
- Job type Permanent
- Discipline Legal, Compliance & Financial Crime
- Reference105652
- Contact NameGeorgia Mason
Job description
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
