Money Laundering Reporting Officer (MLRO)

Money Laundering Reporting Officer (MLRO) This is a great opportunity to join a growing Bank and make a significant impact in the field of financial crime risk management. If you are an experienced MLRO, looking for a new challenge, where you can make a significant impact in a dynamic and forward-thinking organization, we would love to hear from you. Responsibilities: * Serve as the Subject Matter Expert for Financial Crime programs * Develop and maintain financial crime policies and procedures * Implement the second line financial crime control framework and conduct investigations * Oversee suspicious activity investigations and produce professional reports * Liaise with the Financial Conduct Authority (FCA) as MLRO * Provide guidance and advice on financial crime matters to all departments * Deliver financial crime awareness training * Evaluate, monitor High-Risk customers and PEPs * Develop and execute a comprehensive risk-based financial crime monitoring plan * Update the Financial Crime Business Wide Risk Assessment and Customer Risk Assessment * Review and submit SARs to the National Crime Agency * Maintain accurate records and submit the annual FCA financial crime submission * Stay updated on relevant rules and legislation, providing early warnings and action plans SKILLS AND EXPERIENCE: * Good understanding of JMLSG and Regulatory KYC requirements * At least 7 years of relevant work experience / Financial Crime experience (Current MLRO(SMF17) preferred) * Strong understanding of AML/CTF requirements and financial crime risks associated with the range of services in the banking industry. * Ability to escalate risks promptly and appropriately and/or failure of standards to be met, to management * Ability to analyse reports, identify failings and notify same together with recommendations for remediation * Relevant AML experience, preferably in an international bank. * Experience with AML/KYC/Due Diligence processes and systems * Experience with AML monitoring and screening * A recognized AML/Compliance qualification is desirable but not essential * Other relevant professional qualifications from an internationally recognised body (e.g., ICA, ACAMS) are advantageous; * Knowledge of the UK and EU regulatory environment and key financial crime regimes, and emerging trends. Any specialism in EU, UK or US sanctions regimes is a plus. * Law degree / LPC preferred * Team player adaptable to a fast-paced and changing environment