If you are a MLRO or Head of Compliance with UK banking experience, we'd love to speak with you.
Sterling Williams are working alongside an international bank based in London who are looking to hire a MLRO to hold SMF 17 & SMF 16.
The successful candidate will have experience in working in the banking sector in the UK - ideally corporate banking, but retail or investment backgrounds will also be considered. You will provide an expert advisory and monitoring service to ensure compliance with relevant rules, regulations and codes of conduct relating to Financial Crime Compliance and be responsible for developing policies and procedures internally relating to Financial Crime Prevention and oversee the implementation of those policies and procedures.
The MLRO will be responsible for the following:
- Assess the money laundering risk for the company's customers, products, and services. This includes vetting for politically exposed persons (PEPs).
- Monitoring: Establish and maintain monitoring processes to assess risk. This includes monitoring sanctions lists.
- Training: Develop and deliver AML and CTF training for employees and executives.
- Reporting: Report suspicious activity to law enforcement and submit Suspicious Activity Reports (SARs) to the National Crime Agency (NCA).
To find out more information, don't hesitate to get in touch.