MLRO(Money Laundering Reporting Officer)

2 weeks ago

London, UK, United Kingdom Wintermann Search Full time

My client is an international bank. Looking to hire an MLRO for their london Head Office.

Job Purpose:

To support the Executive in achieving their Strategic Plan and objectives in a compliant manner by providing appropriate challenge and diligence.


To ensure that a strong compliance culture is recognised and embedded across the Bank.


To lead the management of compliance across the operations and implement policy to meet regulatory requirements enabling the business to respond to regulatory and legislative changes.


To fulfil the statutory obligations of the ‘Nominated Officer’, MLRO.


To hold and execute the requirements of the SMF17

(Money Laundering Reporting Function).


Responsibilities & Accountabilities


Overseeing and assisting Senior Management as required in the establishment and ongoing maintenance of the AML/CTF framework.


To constantly develop and maintain policies and procedures of the AML/CTF framework in line with evolving statutory and regulatory obligations.


Conduct an annual risk assessment of the Bank and map mitigating controls.


Oversight of First Line of Defense (1LoD) procedures and monitoring programmes to ensure that the unusual transactions are identified and analysed.


Receive and assess all internal Suspicious Activity Reports (SARs) with onward reporting to the National Crime Agency (NCA) when required.


To be the Bank’s point of contact with NCA and other regulatory, law enforcement and investigatory agencies on AML matters.


Respond to Production and other Court Orders and prepare evidence as appropriate.


Ensuring compliance with AML staff training obligations, including ensuring that all relevant staff receive effective training appropriate to their needs.


The MLRO is responsible for overseeing the sanctions and transaction monitoring regime within the Bank including its screening tools.


The MLRO will assist with the transition of any 1LoD responsibilities from 2LoD to the First Line


To develop and implement the Compliance Framework/Strategy for the bank to meet the regulatory requirements.


Ensure that the Bank consistently and effectively operates within all relevant regulatory and statutory requirements at all times. (Note: that the jobholder is not responsible for ensuring compliance with various Finance Acts and Corporation Tax Acts relating to the Bank’s accounting procedures and the Bank’s Annual Report and Accounts or the accuracy of such reports.)


Ensure that the Bank abides by the Banking: Conduct of Business Sourcebook.


Ensure that the Bank abides by the UK Corporate Governance Code to the extent agreed by the Board.


Advise senior management and staff on changes in the rules and regulations and compliance standards including keeping them informed about potential developments in this area.


Keep senior management and/or related departments notified as to applicable regulatory returns to be completed and timeframes for submission to the FCA/PRA/other Regulators.


Maintain and oversee record keeping, e.g. Gifts, Complaints Register, FCA/PRA registrations, SMR certification and approvals.


Maintain market and customer/consumer confidence in the Bank and ensure that the Bank’s Complaints Procedures are correctly followed and reports made to the FCA as appropriate.


Monitor and record the Bank’s compliance with the legal and regulatory requirements, including compliance rules and standards, as well as the Bank’s compliance procedures, through the establishment and implementation of a risk-based compliance monitoring plan.


Liaise with the regulators as necessary and handle any regulatory queries in an open and co-operative way.


Ensure that the Bank is in compliance with legislation relevant to the Bank’s activities


Management of the Financial Crime and Compliance function


Prepare and present the MLRO annual report


Be an active member of the Executive Risk Committee


Other Duties

The MLRO must ensure that an assigned deputy is adequately equipped to cover MLRO duties during any short absences (sickness, courses) and during annual holidays.


Assist staff with interpretation of rules and regulations and ensure that staff awareness is always at satisfactory levels.


Provide training on Compliance and Financial Crime related matters to bank staff.


Undertake other duties appropriate to the grade and character of the work as may reasonably be required. The list of duties in the job description should not be regarded as exclusive or exhaustive.



Senior Managers & Certification Regime

Execute the responsibilities of the SMF 17 (Money Laundering Reporting Function).

A full & detailed position description is available on request.

  • Money Laundering Reporting Officer

    1 month ago

    London,, UK, United Kingdom Buckden Partners Full time

    We have been exclusively assigned to search for a Money Laundering Reporting Officer (MLRO) to join a rapidly growing fintech payments company in London.This is an exciting opportunity for seasoned MLROs or Deputy MLROs (DMLROs) looking to advance their careers, especially those with experience in fintech or payments. It offers a distinctive chance to...

  • Money Laundering Reporting Officer

    3 weeks ago

    London,, UK, United Kingdom FRP Advisory Full time

    Role location: London l Brentwood l Flexible Role purposeThe Money Laundering Reporting Officer (MLRO) is responsible for overseeing the FRP’s compliance with Anti-Money Laundering (AML) regulations, ensuring that professional services offered by the company meet all legal and regulatory requirements. This includes, acting as Nominated Officer to received...

  • Anti-Money Laundering Officer

    2 weeks ago

    London,, UK, United Kingdom Selby Jennings Full time

    Job Title: Money Laundering Reporting Officer (MLRO)Location: London, UK (Remote Flexibility)About Us:A growing fintech firm headquartered abroad, are expanding into the UK market and are looking for a Senior MLRO to establish and oversee our anti-money laundering (AML) and counter-terrorism financing (CTF) programs, ensuring compliance with UK regulations...

  • Head of Compliance and MLRO

    2 days ago

    London,, UK, United Kingdom Albany Beck Full time

    Role Overview:Albany Beck is looking for a Head of Compliance & Money Laundering Reporting Officer (MLRO) to strengthen our Compliance Practice in the UK, supporting our clients across various Programmes. This individual will hold the CF 10 and CF 11 functions as required by the Financial Conduct Authority (FCA) and during the initial engagement, they will...

  • Compliance Officer

    1 week ago

    London,, UK, United Kingdom X4 Technology Full time

    Job Title: Head of ComplianceLocation: Remote within the UK (London HQ)Employment Type: Full-TimeAs the nominated officer, the MLRO ensures that information leading to knowledge or suspicion of money laundering is disclosed appropriately to the relevant authorities meeting the requirement of The Proceeds of Crime Act (POCA).About our client:Join a dynamic,...

  • Money Laundering Officer

    2 weeks ago

    London, UK, United Kingdom Page Executive Full time

    Our client is a VC backed global Fintech that is setting up in the UK.They hold a strong commitment to innovation and excellence, constantly seeking to improve their services and maintain their position at the forefront of the industry. Description Be a key contributor in obtaining the firms EMI licence and leading the engagement with the regulator Identify...

  • Interim MLRO

    2 weeks ago

    London, UK, UK, United Kingdom Broadgate Full time

    We are hiring for an Interim MLRO for a small UK Retail Banking Business.To fulfil the statutory obligations of the ‘Nominated Officer’ as SMF17 and MLRO.,The MLRO will assist with the transition of any 1LoD responsibilities from 2LoD to the First Line.Ensuring compliance with AML staff training obligations, including ensuring that all relevant staff...

  • Compliance Analyst

    2 weeks ago

    London,, UK, United Kingdom Orla Rose Associates Full time

    Senior Compliance Analyst As a Senior Compliance Analyst, you will be responsible for ensuring full compliance of all FX trading and related activities. You will work closely with our MLRO and Head of Compliance to maintain commitment to regulatory excellence. Key ResponsibilitiesCompliance MonitoringSupport the MLRO to maintain an in-depth understanding of...

  • MLRO and Compliance Manager

    22 hours ago

    London,, UK, United Kingdom Daytona Capital Management Full time

    About Us:Daytona offers a suite of powerful features designed to make global money transfers easy, secure, and seamless. Our platform includes robust security protocols to protect sensitive information, comprehensive compliance and risk management tools to meet regulatory standards and versatile APIs that integrate smoothly with your existing systems....

  • Head of Compliance

    1 week ago

    London,, UK, United Kingdom X4 Technology Full time

    Job Title: Head of ComplianceLocation: Remote within the UK (London HQ)Employment Type: Full-TimeAbout our client:Join a dynamic, 20-year-old payments and cross-currency fintech that’s pushing the boundaries in financial technology innovation. Headquartered in London, they’re renowned for delivering reliable, streamlined payment solutions to clients...

  • Head of Compliance

    1 week ago

    London,, UK, United Kingdom X4 Technology Full time

    Job Title: Interim Head of ComplianceContract Duration: 3-6 months with the chance to go permanentLocation: Remote within the UK (London HQ)About our client:Join a dynamic, 20-year-old payments and cross-currency fintech that’s pushing the boundaries in financial technology innovation. Headquartered in London, they’re renowned for delivering reliable,...

  • Head of Financial Crime Compliance

    2 months ago

    London,, UK, United Kingdom Sumitomo Mitsui Banking Corporation – SMBC Group Full time

    Purpose of JobTo provide advice and guidance to the London business and support functions as well as EMEA Local office MLROs on financial crime compliance matters.To provide advice and guidance on the regulatory and legal expectations with respect to financial crime compliance.To provide advice and guidance on the design and operation of financial crime...

  • Head of Legal/ Senior Legal Counsel- Part-Time

    1 month ago

    London , London , London, UK, United Kingdom Thomson LRC Part time

    Senior In-House Legal Counsel on a Part Time Basis (3/4 days a week) London or Glasgow based with Hybrid- Working Competitive Salary & Benefits Package including Bonus International Consulting firm is looking to hire a Senior level Legal Counsel to head up their UK business. This role can be based in London or Glasgow and is a Part-Time Position (3/4...

  • AML Officer

    1 month ago

    London, UK, UK, United Kingdom HBL Bank UK Full time

    AML OfficerThe role of the FCC team is to make sure that the Bank (and branches) conducts its business in full compliance with all applicable laws and regulations that pertain to industry, as well as professional standards and accepted business practices. It also performs specialist Financial Crime risk management activities, is responsible for the filing of...

  • Head of Compliance

    2 weeks ago

    London, UK, United Kingdom Middlesex Partnership Full time

    Principal Purpose of the role: Duty: The Head of Compliance/CCO (SMF16) & MLRO (SMF17) has a duty to the Bank to work with management and staff to identify and manage regulatory risk and the risk that the Branch may be used for the purposes of financial crime. Objective: The overriding objectives of the Head of Compliance/CCO (SMF16) & MLRO (SMF17)...

  • Senior Compliance Officer and Deputy MLRO

    2 months ago

    London,, UK, United Kingdom JSS Search Full time

    Key info:Permanent role paying 85-95kLending/retail banking experience essentialDeputy MLRO and member of Risk CommitteeProvide an effective 2nd line compliance, financial crime and data protection framework, plan, and maintain relations with 3rd line assurance.Own, develop and review all company policies (except credit), ensuring all employees are educated...

  • Compliance Manager

    1 month ago

    London, London, UK, United Kingdom qed legal Full time

    Compliance ManagerLondon-basedWe're currently working with a briliant full-service law firm, listed on the Legal 500 they have an international presence. A brilliant firm covering clients across private individuals, family offices and owner-managed businesses through to international and public listed companies.Now looking at succession planing, for...

  • Trade Finance Guarantees Officer

    1 week ago

    London,, UK, United Kingdom Johnson & Associates Full time

    This opportunity offers the chance to step into a key role within a respected financial institution, focusing on guarantees within the Trade Services team. In this role, you will oversee the guarantees process, working to deliver excellent customer service across branches and clients while adhering to high standards of compliance and accuracy. You'll...

  • Deputy MLRO and Senior Compliance Manager

    2 days ago

    London,, UK, United Kingdom JSS Search Full time

    Key info:Permanent role paying up to 95kLending/retail banking experience essentialDeputy MLRO and member of Risk CommitteeProvide an effective 2nd line compliance, financial crime and data protection framework, plan, and maintain relations with 3rd line assurance.Own, develop and review all company policies (except credit), ensuring all employees are...

  • Compliance Officer

    2 weeks ago

    London, UK, UK, United Kingdom AJ FOX COMPLIANCE Full time

    Are you a highly skilled and dedicated professional with expertise in Anti-Money Laundering (AML) sanctions and compliance?An exceptional opportunity has arisen for a remote Compliance Officer within an International law firm.In this role, you’ll handle a broad range of compliance, conflicts and AML issues and have the chance to handle escalations from...