At a Glance
- Tasks: Support the MLRO in managing financial crime compliance and oversee AML operations.
- Company: Join a leading financial services firm with a global presence.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Great career growth opportunities and a chance to tackle challenging issues.
- Why this job: Make a real impact in financial crime compliance and work with a motivated team.
- Qualifications: Experience in AML and strong analytical skills required.
The predicted salary is between 60000 - 75000 £ per year.
The Deputy MLRO supports the MLRO in managing the financial crime compliance framework and acts as a key senior leader within the Financial Crime Compliance team. This role provides day‑to‑day oversight of AML operations and deputises for the MLRO where required, ensuring continuity of regulatory compliance and effective financial crime risk management.
What You Will Be Doing
- Support the MLRO in the oversight, maintenance, and continuous improvement of the financial crime compliance programme.
- Act as deputy to the MLRO, assuming responsibilities in their absence including engagement with regulators and internal leadership.
- Oversee day‑to‑day financial crime compliance operations including training, communications, policy implementation, process enhancement and compliance, transaction monitoring, sanctions screening, fraud management, investigations, and suspicious activity reporting processes.
- Review and challenge SAR/STR decisions and ensure accuracy and compliance with regulatory requirements.
- Support the preparation of governance reports, risk assessments, and management information for senior stakeholders.
- Assist in regulatory audits, inspections, and remediation activities.
- Help maintain financial crime policies, procedures, and internal controls aligned with FIS standards and regulatory obligations.
- Provide subject matter expertise and guidance to operational teams and business stakeholders.
- Promote a strong compliance culture across the organisation.
- Contribute to risk assessments and monitoring of emerging financial crime risks.
What You Bring
- Significant experience in AML, financial crime compliance, or regulatory compliance within wealth management and securities financial services.
- Experience in a senior AML role (e.g., AML Manager, Financial Crime Manager, or similar), with exposure to MLRO‑level responsibilities.
- Strong understanding of AML/CFT/Sanctions/Fraud/Anti‑Bribery regulations, including transaction monitoring, SAR reporting, and KYC frameworks.
- Experience supporting regulatory interactions and audits is highly desirable.
- Strong analytical and investigative skills, with attention to detail and sound judgment.
- Ability to operate effectively in a fast‑paced, regulated environment and manage competing priorities.
- Strong stakeholder management and communication skills.
- Relevant professional certifications (e.g., ICA, ACAMS, CGSS) preferred.
What We Offer You
- A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities.
- A modern, international work environment and a dedicated and motivated team.
- A broad range of professional education and personal development possibilities – FIS is your final career step!
- A competitive salary and benefits.
- A variety of career development tools, resources and opportunities.
- The chance to work on some of the most challenging, relevant issues in financial services & technology.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Money Laundering Reporting Officer in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like FIS. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Deputy Money Laundering Reporting Officer in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to FIS.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on FIS's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at FIS
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with FIS.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at FIS will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former FIS employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
