At a Glance
- Tasks: Lead financial crime compliance and develop AML frameworks in a dynamic insurtech environment.
- Company: BizAlign, a forward-thinking company revolutionising insurance with digital tech.
- Benefits: Competitive salary, hybrid/remote work, and the chance to shape the future of insurance.
- Other info: Join a diverse team committed to inclusivity and innovation.
- Why this job: Make a real impact by building a financial crime function from the ground up.
- Qualifications: Experience as an MLRO or Deputy MLRO with strong UK AML knowledge.
The predicted salary is between 60000 - 80000 £ per year.
- Money Laundering Reporting Officer (MLRO)
- Manchester, UK (Hybrid/Remote) Full-Time Competitive (DOE)
- About Biz Align
Biz Align is developing next-generation insurance and mobility solutions powered by telematics and digital technology.
We are seeking an experienced Money Laundering Reporting Officer (MLRO) to establish and oversee our financial crime compliance framework as our insurance operations expand.
Role Overview
The MLRO will lead Biz Align's financial crime compliance programme, ensuring compliance with applicable UK anti-money laundering (AML), counter-terrorist financing (CTF), sanctions, and fraud prevention requirements.
The successful candidate will act as the primary point of contact for financial crime matters and support the company's regulatory obligations.
Key Responsibilities
- Develop and maintain the AML and financial crime framework.
- Establish KYC and customer due diligence processes.
- Review suspicious activity reports from employees.
- Determine whether external reporting is required.
- Maintain sanctions screening processes.
- Develop fraud prevention and monitoring procedures.
- Deliver AML training across the business.
- Monitor regulatory developments.
- Report financial crime risks to senior management.
- Work closely with Compliance, Legal, Operations, and Technology teams.
- Support FCA regulatory requirements relating to financial crime.
- Required Skills & Experience
- Experience serving as an MLRO or Deputy MLRO.
- Strong knowledge of UK AML regulations.
- Experience implementing AML frameworks.
- Excellent investigative and analytical skills.
- Ability to develop policies and procedures.
- Preferred Qualifications
- Experience in AML or financial crime compliance.
- Insurance, financial services, or fintech experience.
- ICA or equivalent AML qualification (desirable).
- Experience with FCA-regulated firms.
- Knowledge of insurance distribution is advantageous.
What We Offer
- Opportunity to build the financial crime function from the ground up.
- Work in an innovative insurtech environment.
- Opportunity to shape the future of Biz Align Insurance.
AR Experts Ltd is an equal opportunities employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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Money Laundering Reporting Officer (MLRO) in Manchester employer: AR Experts Ltd.
At BizAlign, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and innovation. Our Manchester location provides a vibrant environment with hybrid and remote working options, ensuring a healthy work-life balance while empowering employees to grow through meaningful contributions to governance and compliance in the insurance sector.
