Deputy Mlro

Location: St. Helier, Jersey
Date Posted: Mar 15, 2023

**Description**

**The Role & Key Responsibilities**:
The role holder will fulfil the role of the DMLRO and Deputy Sanctions officer for Apex Group.

**Deputy Money Laundering Reporting Officer**:

- Assist the MLRO on Receipt and consideration of internal SARs in accordance with internal reporting procedures;
- Making timely disclosures to the Joint Financial Crimes Unit where necessary and in MLRO absence;
- Maintain the SAR registers and records of all requests for information from law enforcement authorities and records relating to all internal and external SARS;
- Assist the MLRO in managing relationships effectively post any disclosure to avoid tipping off;
- Assist the MLRO and act as the liaison point with the Commission, the JFCU and other third parties in any other external enquiries in relation to money laundering or financing of terrorism;
- Maintaining a Register of Suspicious Activity Reports;
- Assist the MLRO in providing training to all staff, including the provision of new joiner training, in respect of the prevention, detection and reporting of money laundering, terrorist financing and suspicious activity; and
- Act as the Deputy Jersey Reporting Officer, as required by the Apex Group Anti Bribery & Corruption Policy.

**Financial Crime Prevention (“FCP”)/AML Support**:

- Assist the MRLO in providing advice to the Business as and when required
- While performing the DMLRO responsibilities any potential areas of AML/CFT vulnerability and risk which are discovered must be reported so that development of corrective plans are instigated;
- Assist the MLRO with implementing and supporting group’s money laundering reporting initiatives;
- Provide support to compliance teams as and when necessary
- Assist the MLRO in providing support/guidance to operation team as and when required; and
- Assist the MLRO in providing advice/guidance on Business Risk Committee (“BRC”) cases and attend the BRC as required.

**Sanctions Officer**:

- Assist the Sanctions Officer with reviewing sanctions policy and procedures to ensure they remain fit for purpose and are updated at least annually or on a trigger event;
- Ensure training is provided on sanction matters and ensure all senior managers/staff members are aware of their responsibilities for adhering to the sanctions regime;
- Ensure sample testing is conducted to ensure client teams have a good understanding of financial sanctions risks and procedures;
- Have sufficient authority and be responsible for overseeing the institutions adherence to the sanctions regime;
- Provide support to the client team in relation to any sanction queries/matters together with the Sanctions Officer;
- Assist the business with any reporting requirements as and when necessary
- Provide regular reports to the JCC/Board as appropriate;
- Assist the Sanctions Officer in managing the Sanctions Risk Assessment;
- Keep abreast of regulatory developments/requirements in relation to Sanctions ;
**Other responsibilities**:

- Keep abreast of changing regulatory environment, assess, and recommend amendments to, internal systems and controls as well as policies and procedures to facilitate compliance with the regulatory framework;
- Respond to enquiries from auditors or other service providers;
- Asist the client facing and other support teams with general AML/Sanction queries;
- Assist with reviewing of higher risk transactions and/or risk escalation forum queries in the absence of MLRO/Sanctions Officer;
- Maintain appropriate independence, in particular from customer-facing, business development and system and control development roles;
- Ensure required level of CPD is undertaken each year;
**Required Skills & Experience**:
You have finance sector experience and excellent understanding of and experience with performing AML/CFT roles within a regulated financial services business. You will also have:

- Sufficient experience and skills which includes, holding an appropriate (as determined by the registered person) AML or other professional qualification or be studying towards such a qualification;
- A sound knowledge of the Jersey Anti-Money Laundering legislation and any orders issued under those laws;
- A sound knowledge of The Handbook for the Prevention and Detection of Money Laundering and the Financing of Terrorism;
- Full awareness of your own obligations and those of the relevant persons under the laws mentioned above as well as the Terrorism Law, the Directions Law, Terrorist Sanctions Measures;