Deputy MLRO - 12 Month FTC - London
We are partnered with an exciting client who is looking for an experienced Deputy MLRO who will join the wider compliance team of around 8 individuals and work closely with the MLRO.
They are a start-up/scale-up Fintech Payments firm. The main product they offer is Money Remittance.
- The role is a 12-month FTC with the possibility of a permanent role.
- The successful candidate is required onsite 5 days a week at the Hammersmith (West London) office.
- Salary: Up to £60,000 + Benefits
Role Requirements/Experience:
- Policy Implementation: Implementing AML/CTF policies and procedures in accordance with regulatory requirements.
- Risk Assessment: Conducting risk assessments to identify and mitigate potential money laundering and terrorist financing risks.
- Training: Providing training to employees on AML/CTF policies and procedures to raise awareness and ensure compliance.
- Customer Due Diligence (CDD): Overseeing the process of verifying customer identities and assessing the risks associated with client relationships.
- Transaction Monitoring: Monitoring financial transactions to detect and report any suspicious activities that might indicate money laundering or terrorist financing.
- Reporting: Reporting suspicious transactions to relevant authorities as per regulatory guidelines.
- Compliance: Ensuring that the organization adheres to all applicable AML/CTF laws and regulations.
- Record Keeping: Maintaining detailed records of customer due diligence, transactions, and other relevant information for audit purposes.
- Internal Communication: Collaborating with internal departments to address AML/CTF concerns and providing guidance on compliance matters.
- External Communication: Interacting with regulatory authorities, law enforcement agencies, and other external stakeholders regarding AML/CTF issues.
- Advisory Role: Providing advice and guidance to the organization's management on AML/CTF matters and emerging trends in financial crime.
- Risk Analysis: Conducting periodic risk assessments and adjusting AML/CTF strategies based on the changing risk landscape.