Head of Financial Crime Prevention & MLRO Department: Compliance Location: Gibraltar Job Title: Head of Financial Crime Prevention & MLRO Reports to: Director of Risk & Compliance Type of position: Full time The Bank A leading issuing bank, who has been transforming the future of cross border payments to serve our Clients over the past 16 years.
The Bank is now embarking on a journey to expand its banking product range with the intention of offering digital corporate banking services. The Bank has offices in London and Gibraltar, currently serving innovative Clients through a portfolio of e- money products and payment services. As a leader in the industry, we set the standard for excellence in the payments sector. We are forward thinkers in a complex ecosystem and partner with cutting-edge Fintech's to challenge the way we conventionally bank for the better.
Investors Our parent company, IDT Corporation, is an innovative and opportunity-seeking multinational company headquartered in the US and listed on the New York Stock Exchange, with offices across the globe.
Role Outline The MLRO & Head of Financial Crime is responsible for leading the Bank's Financial Crime function and fulfilling the statutory responsibilities of the approved Money Laundering Reporting Officer (MLRO). The role provides strategic oversight of the Bank's anti-money laundering, counter terrorist financing, counter-proliferation financing, sanctions and fraud risk frameworks, ensuring effective systems and controls are maintained to meet legal, regulatory and internal governance requirements.
The role leads the Financial Crime Team, providing direction, oversight and subject matter expertise across the Bank's corporate banking and payment services activities. Working closely with senior management, business functions and regulators, they will be responsible for promoting a strong financial crime compliance culture, and ensuring the Bank's financial crime framework remains robust, proportionate and aligned with regulatory expectations.
Main Responsibilities 1. Regulated individual, subject to approval from the GFSC to act as the Bank's MLRO, fulfilling all statutory responsibilities under applicable AML, CTF, CPF and Sanctions legislation, regulations and regulatory guidance. 2. Oversee the investigation and escalation of unusual and suspici...
