Deputy Money Laundering Reporting Officer

3 months ago

London, United Kingdom Salary Finance Full time

**About Salary Finance**

Working with employers, we provide a financial wellbeing platform as an employee benefit, helping employees to understand their money better, get out of debt faster and save for their future. We already have a reach of over 4,000,000 employees through our relationships with over 600 of the biggest companies in the UK.

By improving employee financial wellbeing, we have a very real and meaningful impact on people's lives. We remove the stress and worry associated with financial difficulties by dramatically reducing the interest rates employees pay on their personal debt, and provide them with the tools needed to start saving sooner and be more financially secure. We are backed by some of the biggest brands, including investments from Blenheim Chalcot (the UK's leading venture builder), Legal and General (the FTSE 100 insurer and asset manager), Experian and Goldman Sacs, and funding partnerships with JP Morgan and Virgin Money.

Launched in 2015, we have made excellent progress, and are scaling fast. We are named BITC's Responsible Business of Year 2018, included in KPMG's Global Fintech 100, listed top of the Forbes' list of socially-responsible startups, and profiled by the Financial Times, the Times, the Wall Street Journal, the Guardian, the Telegraph, CityAM and the Institute of Directors.

**Your role in our mission**

We are seeking a highly proficient and experienced Deputy MLRO (Money Laundering Reporting Officer) to join our organisation. The Deputy MLRO will assume a pivotal role in supporting the MLRO in the oversight and management of the company's anti-money laundering (AML) and counter-terrorist financing (CTF) initiatives, ensuring adherence to regulatory requirements and industry best practices within the UK financial services market.

**What you'll do**
- **Assist in AML/CTF Program Governance**:

- Collaborate closely with the MLRO to formulate, implement, and enhance AML/CTF policies, procedures, and controls in alignment with UK regulatory frameworks and industry guidelines.
- Stay abreast of changes in AML/CTF legislation, regulations, and emerging trends, and proactively update internal policies and protocols to maintain compliance.
- Understand and articulate AML risk associated with new products and initiatives as appropriate.
- Conduct periodic risk assessments and reviews to identify potential vulnerabilities and deficiencies in the AML/CTF program, and recommend appropriate remedial measures as required.
- **Transaction Monitoring and Investigation**:

- Develop and implement robust transaction monitoring rules to detect suspicious and fraudulent behaviour.
- Supervise the transaction monitoring process to detect and investigate suspicious activities, including the analysis of alerts generated by automated monitoring systems.
- Conduct thorough investigations into suspected instances of money laundering or terrorist financing, collate pertinent documentation and evidence, and escalate findings to the MLRO for further evaluation and reporting.
- Foster collaboration with internal stakeholders such as Compliance, Legal, and Operations teams to ensure timely and effective resolution of AML/CTF-related issues.
- **Reporting and Documentation**:

- Prepare and submit suspicious activity reports (SARs) and other regulatory filings to the MLRO in accordance with UK regulatory requirements and prescribed deadlines.
- Assist in the preparation and collection of Management Information related to AML activities.
- Maintain meticulous and comprehensive records of AML/CTF-related activities, investigations, and decisions, ensuring the orderly organisation and accessibility of documentation for internal and external audits.
- Support the MLRO with the completion of the annual MLRO report and the annual Anti-Money Laundering Risk Assessment.
- **Training and Awareness Initiatives**:

- Contribute to the development and delivery of AML/CTF training programs tailored to employees across all levels of the organisation, ensuring comprehensive understanding of roles and responsibilities in combating financial crime.
- Cultivate a culture of compliance and ethical conduct by raising awareness of AML/CTF risks and regulatory obligations throughout the company.

**About you**
- Bachelor's degree or equivalent experience. Advanced qualifications or professional certifications (e.g., CAMS, ICA Diploma in AML) are highly desirable.
- Demonstrable experience of at least 3 years in Financial Crime compliance within the UK financial services sector, coupled with a robust understanding of pertinent regulations and regulatory expectations.
- Proven track record of effectively managing financial crime programmes, conducting in-depth investigations, and preparing regulatory submissions.
- Ability to decipher financial transactions and pinpoint potential money laundering or terrorist financing risks.
- Excellent communication and interpersonal skills, with adeptness in collaborating cross

  • Deputy Money Laundering Reporting Officer

    1 month ago

    London, United Kingdom ETRA Talent Full time

    ​ Knowledge of all applicable banking, company and securities laws and regulations. Detailed knowledge of the Money Laundering Regulations 2017, JMLSG Guidance Notes, the FCA Handbook, the Proceeds of Crime Act, the Terrorism Act and the Criminal Justice Act, as updated and superseded Pro-active, results oriented, self-driven; ability to work...

  • Deputy Money Laundering Reporting Officer

    1 month ago

    London, United Kingdom ETRA Talent Full time

    ​ Knowledge of all applicable banking, company and securities laws and regulations. Detailed knowledge of the Money Laundering Regulations 2017, JMLSG Guidance Notes, the FCA Handbook, the Proceeds of Crime Act, the Terrorism Act and the Criminal Justice Act, as updated and superseded Pro-active, results oriented, self-driven; ability to work...

  • Deputy Money Laundering Reporting Officer

    4 weeks ago

    London, UK, United Kingdom ETRA Talent Full time

    ​ Knowledge of all applicable banking, company and securities laws and regulations. Detailed knowledge of the Money Laundering Regulations 2017, JMLSG Guidance Notes, the FCA Handbook, the Proceeds of Crime Act, the Terrorism Act and the Criminal Justice Act, as updated and superseded Pro-active, results oriented, self-driven; ability to work...

  • Assistant Money Laundering Reporting Officer

    2 weeks ago

    London, Greater London, United Kingdom Fintech-Rec Group Ltd Full time

    JOB DESCRIPTIONPosition: Deputy Money Laundering Reporting Officer (DMLRO)Location: London, UKCompany Overview: Fintech-Rec Group Ltd is a prominent financial technology and payment solutions provider based in London, dedicated to delivering innovative services while upholding the highest standards of compliance and ethical practices.Key Responsibilities:...

  • Assistant Money Laundering Reporting Officer

    2 weeks ago

    London, Greater London, United Kingdom Fintech-Rec Group Ltd Full time

    JOB DESCRIPTIONPosition: Deputy Money Laundering Reporting Officer (DMLRO)Company Overview: Fintech-Rec Group Ltd is a prominent player in the financial technology sector, dedicated to delivering cutting-edge foreign exchange and payment solutions while upholding the highest standards of regulatory compliance and ethical practices.Key Responsibilities:...

  • Deputy Anti-Money Laundering Officer

    1 week ago

    London, Greater London, United Kingdom Fintech-Rec Group Ltd Full time

    Fintech-Rec Group Ltd is seeking a dedicated Deputy Money Laundering Reporting Officer (DMLRO) to support our established team in upholding the highest standards of anti-money laundering (AML) compliance. As a key member of our risk management function, you will play a vital role in ensuring that our operations adhere to all relevant AML regulations and...

  • Deputy Anti-Money Laundering Officer

    1 week ago

    London, Greater London, United Kingdom Fintech-Rec Group Ltd Full time

    About Fintech-Rec Group Ltd Fintech-Rec Group Ltd is a leading provider of innovative foreign exchange and payment solutions globally. We are committed to maintaining the highest standards of compliance and integrity in all our operations. Role: Deputy Anti-Money Laundering Officer We are seeking a highly motivated and experienced Deputy Anti-Money...

  • Deputy Money Laundering Reporting Officer

    3 months ago

    London, United Kingdom RSM Full time

    As one of the world’s largest networks of audit, tax and consulting firms, RSM delivers big ideas and premium service to help middle-market businesses thrive. We are a fast-growing firm with big ambitions - we have a clear goal to become the premium adviser to the middle market, globally. This vision touches everything we do, motivating and inspiring us to...

  • Money Laundering Reporting Officer

    3 months ago

    London, United Kingdom Douglas Scott Legal Recruitment Full time

    **Money Laundering Reporting Officer** **PartTime** **Homebased** **(£40,000 - £55,000 pro rata)** A well established firm based in Woking & London require an experienced Money Laundering Reporting Officer to join their forward thinking firm. This role is fully homebased. This reputable firm has been well established in the area for over 15 years, has...

  • Anti-money Laundering

    3 months ago

    London, United Kingdom bakermckenzieuk Full time

    **Role Purpose** To manage daily AML operations in the London office and lead and implement compliance improvement initiatives. To be responsible for: - managing all aspects of day-to-day client due diligence and AML Risk Assessments including overseeing and supervising the AML Risk & Compliance Team; - oversight of the Firm's AML policies and processes...

  • Money Laundering Reporting Officer

    2 months ago

    London, United Kingdom Western Union Full time

    **Money Laundering Reporting Officer** Do you want to bring your extensive experience in AML Compliance to a dynamic international money transfer organization? Are you excited to be working internationally on a daily basis? Join Western Union as a Leader, AML Compliance. This position is a qualifying Controlled Functions position. **Western Union powers...

  • Money Laundering Reporting Officer

    2 months ago

    London, United Kingdom Handelsbanken Full time

    Job Introduction The Money Laundering Reporting Officer (MLRO) is a Senior Management Function (SMF 17) under the rules of the FCA. The MLRO is responsible for oversight of the Bank’s compliance with the FCA’s rules on systems and controls against money laundering (SYSC 6.3.9). The MLRO assumes the inherent responsibilities of the role of MLRO. The...

  • Money Laundering Reporting Officer

    2 months ago

    London, United Kingdom Handelsbanken Full time

    **Job Introduction**: The Money Laundering Reporting Officer (MLRO) is a Senior Management Function (SMF 17) under the rules of the FCA. The MLRO is responsible for oversight of the Bank’s compliance with the FCA’s rules on systems and controls against money laundering (SYSC 6.3.9). The MLRO assumes the inherent responsibilities of the role of MLRO. The...

  • Deputy Money Laundering Reporting Officer

    3 days ago

    London, Greater London, United Kingdom Fintech-Rec Group Ltd Full time

    Job Title: Deputy Money Laundering Reporting Officer (DMLRO)Job Type: Full-timeLocation: London, UKCompany: Fintech-Rec Group LtdJob Description:About the Role:We are seeking a highly skilled and experienced Deputy Money Laundering Reporting Officer (DMLRO) to join our team. The successful candidate will play a crucial role in supporting the Money Laundering...

  • Money Laundering Reporting Officer

    3 months ago

    London, United Kingdom Douglas Scott Legal Recruitment Full time

    **Money Laundering Reporting Officer** **PartTime** **Homebased** **(£40,000 - £55,000 pro rata)** This reputable firm has been well established in the area for over 15 years, has a fantastic reputation and having worked with this client previously it’s clear the care they have for their clients and each other has helped them create a solid team...

  • Money Laundering Reporting Officer

    3 months ago

    London, United Kingdom Evotym Full time

    We are in search of an experienced professional to take on the crucial role of Money Laundering Reporting Officer (MLRO) for a developing Electronic Money Institution (EMI) based in the UK. This role presents a unique opportunity to join a dynamic venture within the financial services sector, catering to both individuals and businesses worldwide. Our...

  • Assistant Money Laundering Reporting Officer

    2 weeks ago

    London, Greater London, United Kingdom Fintech-Rec Group Ltd Full time

    JOB DESCRIPTIONPosition: Deputy Money Laundering Reporting Officer (DMLRO)Location: London, UKCompany Overview: Fintech-Rec Group Ltd is a prominent financial technology and payment solutions provider based in London, dedicated to delivering cutting-edge foreign exchange and payment services globally while upholding the highest standards of compliance and...

  • Money Laundering Reporting Office

    3 months ago

    London, United Kingdom PPRO Full time

    We're driven by a mission to make digital payments accessible to everyone, everywhere. With our innovative payment solutions, we empower businesses of all sizes to access new markets and connect with more customers. Our clients include some of the world's most innovative companies, such as Ant Group, PayPal, and Stripe, who depend on PPRO to accelerate their...

  • Money Laundering Reporting Officer

    3 months ago

    London, United Kingdom HR Force International Full time

    Job Overview:We are seeking a highly experienced and diligent Money Laundering Reporting Officer (MLRO) to join our team. The MLRO will be responsible for ensuring our AML screening tool complies with all relevant anti-money laundering regulations and guidelines. The ideal candidate will possess extensive knowledge of AML laws and regulations and have a...

  • Money Laundering Reporting Officer

    3 months ago

    London, United Kingdom Jobs Advertiser Full time

    **Money Laundering Reporting Officer | London | Full Time | £45,000 per annum plus pension contribution set by the Government as per eligibility** Our client is a premier Indian Public Sector Bank, with a Global presence in 17 countries. You will be based at the company’s office in London. Please note that the recruitment may be done on a fixed term...