Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead compliance efforts and manage anti-money laundering strategies in a dynamic casino environment.
- Company: Join a leading casino operator committed to regulatory excellence and integrity.
- Benefits: Competitive salary, career development opportunities, and a supportive work culture.
- Why this job: Make a real impact in ensuring compliance and safeguarding the casino's reputation.
- Qualifications: 3+ years in regulatory compliance or AML management, preferably in gambling.
- Other info: Diverse workplace with a focus on teamwork and ethical practices.
The predicted salary is between 48000 - 72000 £ per year.
Our client is seeking an experienced Head of Compliance and Money Laundering Reporting Officer, to be based at their head office in Stratford, London. The role is integral to key stakeholders, governing body licensing and the general operation, providing regulatory reporting and advice, managing relationships with regulators, and identifying areas for regulatory improvement for the Casino.
Role Responsibilities:
- Ensuring compliance with anti-money laundering (AML) and counter-terrorism/proliferation financing (CTF/P) and Proceeds of Crime (PoC) regulations.
- Ensuring appropriate Customer Due Diligence (CDD), Standard Due Diligence (SDD) and Enhanced Due Diligence (EDD) for all members.
- Maintaining records for Politically Exposed Persons (PEPs) and Special Interest Persons (SIPs).
- Monitoring high-risk members and reporting to senior management.
- Reviewing and updating AML processes and the risk management framework.
- Handling Suspicious Transaction Reports (STRs) and Suspicious Activity (SAR) reporting to the National Crime Agency (NCA) as necessary.
- Collaborating with external agencies such as the Police, HMRC, NCA, and the Gambling Commission (GC).
- Continually improving compliance policies, procedures, and processes.
- Working with the Compliance Operations Team to regularly review AML systems and processes.
- Managing the regulatory compliance and risk policy, procedures, and guidance.
- Developing and implementing the annual assurance plan and remedial action plans.
- Overseeing the Safer Gambling strategy and managing compliance-related projects.
- Completion of AML/CTF/P Risk Assessment.
Key Accountabilities:
- Regulatory Compliance, Assurance, and Safer Gambling Responsibilities - Ensures that appropriate compliance and assurance processes are in place to comply with all regulatory compliance and licensing policy requirements to protect company licences and brand reputation.
- Anti-Money Laundering - Ensure that end users enjoy a positive compliance experience through meeting service standards.
- Teamwork - Fosters a professional and ethical working culture applied appropriately across a diverse workforce and customer base.
Selection Criteria includes:
- Minimum 3 years experience in a Regulatory Compliance or AML management role, ideally within the gambling industry.
- Extensive operational and regulatory analysis, and report writing experience.
- Proven track record in developing regulatory related policies and operating procedures.
- Holds a UK PML or can obtain said industry license.
- Understanding and application of Anti-Money Laundering regulations to business processes.
- Strong knowledge of regulatory frameworks and risk mitigation strategies.
- Experienced people management skills.
We are an equal opportunities employer and welcome applications from all qualified candidates.
Head of Compliance and Money Laundering Reporting Officer – 5405 in London employer: Clear IT Recruitment Limited
Contact Detail:
Clear IT Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Compliance and Money Laundering Reporting Officer – 5405 in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance and AML sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of AML regulations and compliance frameworks. Be ready to discuss how you've handled compliance challenges in the past. Show them you’re the expert they need!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and expertise. Use our website to find roles that excite you and match your skills. Tailor your approach to each company’s culture and mission.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. It shows your enthusiasm for the role and reinforces your professionalism. Let them know you’re keen to join their team!
We think you need these skills to ace Head of Compliance and Money Laundering Reporting Officer – 5405 in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Compliance and Money Laundering Reporting Officer role. Highlight your experience in regulatory compliance and AML management, especially within the gambling industry. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your achievements in compliance and how you've improved processes in previous positions. Let us know why you’re excited about joining our team!
Showcase Your Regulatory Knowledge: In your application, make sure to demonstrate your understanding of AML regulations and risk mitigation strategies. We’re keen to see how you’ve applied this knowledge in real-world scenarios, so don’t hold back on the details!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it’s super easy to do!
How to prepare for a job interview at Clear IT Recruitment Limited
✨Know Your Regulations
Make sure you brush up on the latest anti-money laundering (AML) and counter-terrorism financing regulations. Being able to discuss these confidently will show that you're not just familiar with the rules, but that you can apply them effectively in a real-world context.
✨Showcase Your Experience
Prepare specific examples from your past roles where you've successfully managed compliance issues or improved processes. This could include handling Suspicious Transaction Reports or collaborating with regulatory bodies. Real-life stories will make your experience more relatable and memorable.
✨Understand the Company’s Culture
Research the company’s values and how they approach compliance and risk management. Tailor your responses to reflect their ethos, especially regarding teamwork and ethical practices. This shows that you’re not only a fit for the role but also for the company culture.
✨Prepare Questions
Have a few insightful questions ready to ask at the end of the interview. This could be about their current compliance challenges or how they measure success in the role. It demonstrates your genuine interest in the position and helps you assess if it’s the right fit for you.
