Money Laundering Reporting Officer (MLRO)

OverviewMoney Laundering Reporting Officer (MLRO). This is a great opportunity to join a growing Bank and make a significant impact in the field of financial crime risk management. If you are an experienced MLRO, looking for a new challenge, where you can make a significant impact in a dynamic and forward-thinking organization, we would love to hear from you.

Responsibilities

Serve as the Subject Matter Expert for Financial Crime programs

Develop and maintain financial crime policies and procedures

Implement the second line financial crime control framework and conduct investigations

Oversee suspicious activity investigations and produce professional reports

Liaise with the Financial Conduct Authority (FCA) as MLRO

Provide guidance and advice on financial crime matters to all departments

Deliver financial crime awareness training

Evaluate, monitor High-Risk customers and PEPs

Develop and execute a comprehensive risk-based financial crime monitoring plan

Update the Financial Crime Business Wide Risk Assessment and Customer Risk Assessment

Review and submit SARs to the National Crime Agency

Maintain accurate records and submit the annual FCA financial crime submission

Stay updated on relevant rules and legislation, providing early warnings and action plans

Skills and Experience

Good understanding of JMLSG and Regulatory KYC requirements

At least 10 years of relevant work experience / Financial Crime experience (Current MLRO(SMF17) preferred)

Strong understanding of AML/CTF requirements and financial crime risks associated with the range of services in the banking industry

Ability to escalate risks promptly and appropriately and/or failure of standards to be met, to management

Ability to analyse reports, identify failings and notify same together with recommendations for remediation

Relevant AML experience, preferably in an international bank

Experience with AML/KYC/Due Diligence processes and systems

Experience with AML monitoring and screening

A recognized AML/Compliance qualification is desirable but not essential

Other relevant professional qualifications from an internationally recognised body (e.g., ICA, ACAMS) are advantageous

Knowledge of the UK and EU regulatory environment and key financial crime regimes, and emerging trends. Any specialism in EU, UK or US sanctions regimes is a plus

Law degree / LPC preferred

Team player adaptable to a fast-paced and changing ..... full job details .....