Privat 3 Money is looking for an experienced Deputy Money Laundering Reporting Officer to join our company based in Mayfair, London. You will join us on a full time, permanent basis and in return you will receive a competitive salary of up to £85,000 per annum plus benefits.
Privat 3 Money is the next generation of premier digital finance and wealth solutions, a one-stop financial partner for global citizens & corporations.
Due to our continued growth, we are now looking for a Deputy Money Laundering Reporting Officer (DMLRO) to join our London office. As a Deputy Money Laundering Reporting Officer, you will be responsible for implementing and enforcing an appropriate risk-based approach for us ensuring that the systems and controls in place manage the risks faced by the firm and comply with the MLR 2017 and CCAB guidance. You will also be responsible for Onboarding & Transaction Monitoring.
As a Deputy Money Laundering Reporting Officer, your responsibilities will include, but are not limited to:
- Onboarding customers, carrying out KYC and AML compliance checks in line with the Company's onboarding policies and procedures. (All non-Financial Institution clients)
- Acting as a point of escalations for high-risk clients.
- Carrying out daily transaction monitoring and data validation.
- Investigating and reviewing transactions that have exceeded set thresholds.
- Monitoring transactions and KYC applications for unusual activity, investigate and create reports of suspicious activity and usage patterns.
- Assisting with Company's regulatory and legal concerns and update internal policies and procedures.
- Liaising with IT, Support and White Label businesses to make sure Compliance procedures are followed, act as point of contact in cases of escalation.
- Dealing with ad-hoc queries from the business on routine Compliance matters under reference to members of the Compliance & Risk team.
- Providing ad hoc assistance to the Chief Compliance Officer/ MLRO on projects and queries, requests from senior management.
- Assisting with Compliance Monitoring Plan, Quality Assurance
- Deputising for the Chief Compliance Officer/ MLRO when required.
Skills, knowledge and qualifications required:
- Proven experience as a Compliance Officer or Compliance Manager
- Experience in managing a Team.
- Experience in risk management.
- Experience in Risk calibration for integrated third party vendors such as KYC 360, Dow Jones, Acuminor
- Knowledge of legal requirements and controls (e.g. EU Money Laundering Directives)
- Familiarity with industry practices and professional standards
- Effective communication and organisational skills
- Attention to detail.
- Knowledge of Blockchain/Cryptocurrency field is a plus.
- BSc/BA in law, finance, business administration or a related field
- Professional certification (e.g. ICA) is a plus.
Benefits:
- 25 days annual leave
- Pension Scheme- once probation has been passed
- Option for private health care Vitality- once probation has been passed
- £15 a day Deliveroo voucher when in the office
Don't miss out on this fantastic opportunity to join the expanding team – please click ‘apply' now to become our Deputy Money Laundering Reporting Officer- we'd like to hear from you!