At a Glance
- Tasks: Support the MLRO in enhancing AML and CTF frameworks while investigating suspicious activities.
- Company: Rapidly growing fintech business in the payments and e-money sector.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Fast-paced environment with opportunities for coaching and development.
- Why this job: Join a mission-driven team to safeguard financial integrity and combat financial crime.
- Qualifications: 5-7 years in Compliance or Financial Crime, with strong knowledge of UK and EU regulations.
The predicted salary is between 60000 - 80000 £ per year.
An exciting opportunity has arisen for an experienced Deputy MLRO to join a rapidly growing and innovative fintech business operating within the payments and e-money sector. This role offers the opportunity to work closely with the MLRO in maintaining and enhancing the firm's Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) framework, supporting regulatory compliance and helping to safeguard the integrity of the business.
Key Responsibilities
- Support the MLRO in conducting risk assessments and monitoring financial crime risks.
- Keep abreast of developments in AML and CTF regulations and ensure policies and procedures remain up to date.
- Investigate and escalate suspicious activity, ensuring appropriate reporting to relevant authorities.
- Perform customer due diligence (CDD) and enhanced due diligence (EDD) on higher-risk customers and transactions.
- Develop and deliver AML and financial crime training across the business.
- Ensure robust record-keeping and reporting processes are maintained in accordance with regulatory requirements.
- Assist with the preparation of management information and regulatory reporting.
- Contribute to the continuous enhancement of the firm's financial crime framework and controls.
- Provide support across a variety of compliance and financial crime initiatives.
Skills and Experience
- Minimum 5–7 years' experience in a Compliance or Financial Crime role within a Payment Institution or Electronic Money Institution.
- Previous experience as a Deputy MLRO (DMLRO) or demonstrable experience deputising for the MLRO function.
- Strong knowledge of UK and European AML regulations and guidance, including 4MLD, 5MLD, JMLSG and the FCA Handbook.
- In-depth understanding of money laundering and terrorist financing risks within the payments sector.
- Experience developing and implementing compliance monitoring programmes and controls.
- Proven ability to interpret regulatory requirements and implement practical solutions.
- Previous people management experience, including coaching and developing team members.
- Strong communication and stakeholder management skills.
- Ability to manage multiple priorities and perform effectively in a fast-paced environment.
- Experience working within a high-growth fintech environment.
- Knowledge of payment products and associated operational risks.
- Exposure to regulatory change and transformation projects.
Personal Attributes
- Self-motivated and highly organised.
- Strong analytical and problem-solving skills.
- Resilient and adaptable.
- Collaborative and relationship-focused.
- Comfortable working in a dynamic and evolving business environment.
Anti-Money Laundering Officer employer: Harrington Starr
Join a forward-thinking fintech company that prioritises innovation and compliance in the payments and e-money sector. With a strong commitment to employee development, we offer comprehensive training programmes and opportunities for career advancement, all within a dynamic and collaborative work culture. Located in a vibrant area, our team enjoys a supportive environment that fosters growth and encourages contributions to enhance our Anti-Money Laundering framework.
StudySmarter Expert Advice🤫
We think this is how you could land Anti-Money Laundering Officer
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Harrington Starr looking for candidates who are engaged and informed.
We think you need these skills to ace Anti-Money Laundering Officer
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Harrington Starr. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Harrington Starr
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Harrington Starr’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
