Deputy Money Laundering Reporting Officer

This is an exciting opportunity for an experienced AML professional to take on a key role in ensuring IRIS Software Group maintains the highest standards of anti-money laundering (AML) compliance.

As Deputy Money Laundering Reporting Officer (DMLRO) & Senior AML Advisor, you will provide expert guidance to the business, ensuring compliance with AML regulations and best practices. You will also support and deputise for the Money Laundering Reporting Officer (MLRO) as required.

This role is essential in maintaining AML policies, reviewing customer due diligence escalations, overseeing the AML assurance programme, and helping to assess financial crime risks across the organisation. You’ll work closely with key stakeholders, helping IRIS navigate the complex and evolving financial crime landscape.

This is a fantastic opportunity to use your AML expertise in a fast-growing, innovative company, working with senior management and external regulators to protect the business and its customers.

What Will You Be Doing?

Deputy Money Laundering Reporting Officer Responsibilities:

• Act as deputy for the MLRO, approving high-risk customers and escalating decisions to senior management when necessary.
• Develop and oversee a structured AML/CTF assurance testing programme, ensuring compliance standards are met.
• Manage and support the Assurance Tester, ensuring they have the resources and knowledge to succeed.
• Assist in handling and escalating Suspicious Activity Reports (SARs), including submitting reports when required.
• Support the MLRO in drafting the annual MLRO report and producing regular management information (MI).

Senior AML Advisor Responsibilities:

• Maintain and update AML policies and procedures, ensuring they reflect the latest regulatory requirements.
• Oversee AML training for employees, ensuring annual training is delivered effectively and additional sessions are provided when needed.
• Collaborate with key teams to conduct the annual business-wide financial crime risk assessment.
• Support the MLRO in updating and maintaining the customer risk assessment methodology.
• Review AML escalations from the KYC team, providing clear and timely advice while ensuring high-risk cases are escalated appropriately.
• Design and implement AML/CTF procedures and controls, providing practical guidance to business teams.
• Stay informed on UK AML regulations and industry developments, ensuring IRIS remains compliant with evolving legal standards.
• Manage and support the AML Lead, helping them develop professionally.

What Are We Looking For?

We’re looking for someone with:

• Experience working in an AML role, preferably in a regulated environment.
• Strong knowledge of the UK AML regulatory framework, including the Money Laundering Regulations (MLRs).
• Experience in policy development and implementation.
• Confidence in providing AML guidance and training to business teams.
• Ability to work under pressure, manage multiple priorities, and meet tight deadlines.
• Experience engaging with senior management, presenting findings, and advising on risk.
• Strong communication skills, with the ability to handle complex discussions and difficult conversations.
• An ICA qualification (or similar) is preferred but not essential.

Why Join IRIS?

• Make a real impact – Play a key role in protecting the business and ensuring AML best practices.
• Engage with senior stakeholders – Work closely with ExCo, senior management, and external regulators.
• Career development – Grow your expertise in a leading PE-backed software company.

If you’re an AML professional looking for an opportunity to make a difference, we’d love to hear from you. Apply today!

Due to high interest, we encourage early applications.