Mlro and Compliance Officer

**Day To Day Responsiblities**:

- Compliance Framework - Maintain and develop the V send Ltd Compliance Framework of Policies, Procedures, Systems and Controls ensuring these remain in line with regulatory requirements, risk appetite and operationally effective as V send Ltd grow, with any identified deficiencies remedied promptly.
- FCA Handbook—Dealing with FCA handbook, inquiries, interviews and reporting.
- Risk Based Approach - Managing and developing the V send Ltd Risk Based Approach through the Whole Firm Risk Assessment and Client Risk Assessment, including identifying and assessing new and emerging Money Laundering risks to V send Ltd and their relevant mitigations.
- Regulatory - Ensuring V send Ltd ongoing compliance with current legislation and regulation, and new legislation and regulation as and when it becomes relevant.
- Regulatory **- **Ensuring all regulatory reporting is accurate, complete and submitted promptly and acting as the primary contact for all contact with regulatory and law enforcement bodies.
- Suspicious Activity - Receiving and investigating all internal Suspicious Activity Reports (SAR) raised and if appropriate raising externally with the National Crime Agency (NCA) in a timely manner.
- Onboarding and Ongoing Monitoring - KYC, Conducting Due Diligence (CDD) reviews and Enhanced Due diligence (EDD) client approvals on all new clients and on a periodic basis of existing clients.
- Transaction Monitoring **- **TransactionMonitoring Daily, 30 days, 90 days and 365 days, reviewing and approving transactions identified for review and approved it for pay-out.
- Governance **- **Produce regular Compliance Reports and represent the Compliance Function at Senior Management Meetings.
- Compliance Monitoring **- **Develop and maintain the Compliance Monitoring Plan to monitor ongoing effectiveness of the Compliance Framework, including management of compliance audits.
- Training - Ensure all staff receive relevant and regular training in relation to Money Laundering and terrorist financing and their relevant responsibilities, including management of training materials and training log.
- Risk Based Approach **- **Managing Political Exposed Person (PEP), Office of Foreign Assets Control (OFAC) and Sanctions List exposure within the V send Ltd client base and transaction.
- **What we want from you**:
Knowledge and understanding of Money laundering Regulation ( and implementing legislation) and other relevant regulations governing AML, SARS and conflicts of interest, namely governed through:

- The Money Laundering, Terrorist Financing and Transfer of Funds Regulation2017 linked to the Fourth Money Laundering Directive 2017.
- The Proceeds of Crime Act 2002
- Money Laundering regulation 2007
- Proven analytical, planning, problem solving and decision making skills
- Knowledge of FCA regulatory requirements.
- Already hold or be in the process of gaining a relevant certification( at relevant level) in Anti Money Laundering.

**Desired Knowledge, Experience and Skills**:

- In depth knowledge working in the financial industry together with expertise in relevant regulation and managing regulatory risk including FCA hand book.
- Ability to take a risk based approach to organising workloads for self to meet demanding and often changing priorities, ensuring that key deadlines met.
- Excellent verbal, written and interpersonal communication skills.
- Outstanding industry knowledge and understanding of regulatory requirements
- Strong decision-making capabilities and ability to identify problem and drive to resolution.
- Strong partnership and coordination skills
- Flexibility to handle multiple task and changing priorities.
- Retail banking or Foreign exchange industry KYC experience
- Understanding of KYC, CDD and AML principles and in depth knowledge of cooperate structure
- 1-2 years prior experience in a CDD/KYC role is essential.
- Proficient in Microsoft Word and Outlook. And degree level education.

**Job Types**: Full-time, Permanent

**Benefits**:

- Casual dress
- Company pension
- Sick pay

Schedule:

- Monday to Friday

Supplemental pay types:

- Bonus scheme
- Commission pay
- Performance bonus
- Tips
- Yearly bonus

Ability to commute/relocate:

- EDGWARE: reliably commute or plan to relocate before starting work (required)

**Education**:

- Bachelor's (preferred)

Work Location: Hybrid remote in EDGWARE

Reference ID: MMT78604
Expected start date: 30/01/2023