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 role is on a 9-month contract basis.

**Main Responsibility**:

- Responsibility for oversight of the Bank’s compliance with the FCA's rules on systems and controls against money laundering SYSC 6.3.9
- Provide appropriate expertise to the business as a key point of reference in accordance with SYSC 6.3.10
- Act as Nominated Officer
- Provide key input into and challenge of, the Bank’s anti-money laundering (AML), terrorist financing, financial sanctions, Fraud, anti-bribery and corruption (ABC) and tax evasion policies, frameworks, tolerances and indicators
- Develop and maintain detailed knowledge of appropriate legislation, regulations and guidance published by the UK, EU and other regulatory bodies
- Assess and advise on suspicious activity reports escalated to the MLRO and report, or ensure appropriate reporting, to the National Crime Agency, as necessary, ensuring documentation of all cases, including those where no further action is taken
- Liaise with law enforcement agencies
- Using a risk-based approach, regularly assimilate information on new trends, patterns and methods that may be used in financial crime
- Oversight of, and input into, development and implementation of systems & controls, instructions, training programmes and guidance to assist branches and other entities to build and maintain a business with high levels of operational rigour, and which comply with our regulatory obligations
- Preparation of relevant reports for management reporting, including the annual MLRO report
- Support Financial Crime Prevention S and the business in assessing potential anti-money laundering matches, such as Sanctions, Politically Exposed Persons and adverse media checking
- Oversight of change management in relation to financial crime prevention matters
- Advise on Anti Money Laundering/Counter Terrorist Financing, Sanctions, Fraud, Anti-Bribery and Corruption and Tax Evasion implications of new products, services or channels
- Actively promotes and ensures adherence to the Bank's Risk Management framework (including sub-frameworks) and relevant risk and compliance policies and procedures, ensuring timely and appropriate escalation of concerns to relevant senior stakeholders.

Governance Committee Memberships
- Attendee of the Management Risk & Compliance Committee
- Chair of the Financial Crime Risk & Compliance Committee
- Member of the Product Committee
- Member of the Customer Committee

Direct Reports
- Deputy MLRO
- Financial Crime Risk Managers
- Fraud Manager
- Delegated Nominated Officers

This role falls within the Senior Manager and Certification Regime which requires the job holder prior to commencing the role to be approved by the Regulator confirming that they are “fit and proper” to carry out this role i.e.
- demonstrates honesty and integrity
- competence and capability
- financial soundness.

In addition Criminal record (DBS) and credit checks and regulatory references will be taken as appropriate, which may involve contacting former employers.
- have experience and understanding of risk management in the Financial Services Industry (either within first line, second line or Internal Audit);
- have extensive financial crime experience (AML, Sanctions ABC), ideally in a UK financial services organisation;
- have a detailed understanding of the UK regulatory environment relating to financial crime;
- be able to demonstrate strong communication skills, both written and verbal including being able to translate risk matters to non-risk professionals in a clear or simple way;
- be comfortable challenging and influencing stakeholders including senior management;
- be approachable and also be proactive to engage with the business;
- be able to balance the risk and reward and being prepared to make a decision / recommendation;
- be able to provide an independent view of risks and having the courage to express them;
- be able to work on their own initiative and enjoy the responsibility of delivering outcomes;
- be highly organised yet flexible;
- have experience in the key responsabilities above would be beneficial

**Package Description**:
Competitive salary and benefits

**About the Company**:
Handelsbanken is a relationship bank with a decentralised way of working, a strong local presence thanks to a nationwide network of branches, and a long-term approach to customer relations. Each Handelsbanken branch operates as a local business enabling it to make decisions at a local level and provide a bespoke service. The focus is always on the need of the individual customer and not on the sale of specific products.

The Bank is deeply comm

  • 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...

  • 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...

  • 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...

  • 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...

  • 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:...

  • 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...

  • 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...

  • 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

    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

    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...

  • Director, Money Laundering Reporting Officer

    3 months ago

    London, United Kingdom Fidelity Investments Full time

    **Director, Fidelity Digital Assets Compliance - FDA Ltd. MLRO** As a member of the FDA Compliance team, you will serve as an informed, trusted partner, promoting a culture of ethical conduct and commitment to supporting compliance, regulatory, and legal obligations focused on supporting Fidelity Digital Assets, Ltd. **The Team** FDA Compliance supports a...

  • Money Laundering Reporting Officer

    3 months ago

    London, United Kingdom Quilter Full time

    Fixed Term Contract Duration - 6 Months What the Hiring Manager says The Money Laundering Reporting Officer (MLRO) role is responsible for identifying, assessing, monitoring and managing the risk of financial crime, in line with Quilter's risk appetite. This incorporates Anti-Money Laundering/Counter Terrorist Financing (AML/CTF), Anti-Bribery & Corruption...

  • 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...

  • Compliance Officer and Money Laundering Reporting Officer

    1 month ago

    London, United Kingdom XBTO Full time

    About usXBTO is a leading institutional provider for digital assets. In 2015, XBTO was first to provide institutional-grade liquidity to major trading platforms. Since then, we have made significant efforts to create stability in the cryptocurrency markets.XBTO offers a comprehensive regulated platform for digital assets and tailored investment solutions...

  • Compliance and Money Laundering Officer Uk

    3 months ago

    London, United Kingdom UBIQUITY Full time

    Let's tomorrow, together. At Ubiquity, we live by the mantra head, heart, and hustle. _Head_ because we use our collective industry know-how to always push ourselves, our clients, and our programs to be the best they can be. _Heart_ because we are always gracious with our time, our collaboration, and with one another. And _Hustle_ because we have grit,...

  • 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...