Money Laundering Reporting Officer (MLRO)

Job Description Are you an experienced compliance professional passionate about financial crime prevention? On behalf of this international banking organisation in London, Magnus Partners is seeking a dedicated Money Laundering Reporting Officer (MLRO). As MLRO, you will play a pivotal role in ensuring that this UK branch remains compliant with all Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations while safeguarding the integrity of their banking operations. Key Responsibilities: Lead and oversee the Bank’s AML and financial crime prevention framework, ensuring robust policies, procedures, and controls are in place. Fulfil the statutory duties of the SMF 17 function, ensuring the Bank’s compliance with all regulatory requirements. Act as the main point of contact with regulatory bodies, including the National Crime Agency (NCA), managing all Suspicious Activity Reports (SARs) and related communications. Conduct comprehensive annual risk assessments and maintain an effective monitoring program for unusual transactions. Drive the continuous improvement of the Bank’s AML/CTF policies, aligning them with evolving regulatory standards. Ensure all staff are effectively trained on AML/CTF compliance, keeping them up-to-date with the latest regulatory developments. Prepare and present the MLRO annual rep…