Job Title
Deputy Money Laundering Reporting Officer – Crown Dependencies
Location
Isle of Man
Compensation
Competitive package available
Hours & Working Pattern
Full-Time; hybrid work – at least two days per week (40%) in Douglas Villiers House.
Key Accountabilities
- Act as Deputy Money Laundering Reporting Officer (DMLRO) for the Isle of Man, supporting the MLRO and ensuring compliance with the Isle of Man AML/CFT Code 2019 and AML/CFT Handbook, including maintenance of effective systems and controls for the prevention and detection of money laundering, terrorist financing and proliferation financing.
- Receive, assess and decide on internal Suspicious Activity Reports (SARs), maintaining accurate records and managing follow‑up actions. Ensure timely escalation to the MLRO where required.
- Make external disclosures to the Financial Intelligence Unit (FIU) and liaise with regulators as required.
- Maintain and complete SAR register and records of decisions, ensuring timely and appropriate responses to production orders and regulatory requests.
- Collaborate with internal and external auditors and regulatory bodies.
- Provide subject‑matter expertise to support business growth while maintaining a strong financial crime risk framework.
- Provide Politically Exposed Person (PEP) relationships, reviews.
- Provide high‑risk / very high risk (VHR) customer reviews, including challenging risk assessments and customer risk ratings.
What You'll Need
- Proven experience and knowledge in AML/CFT regulations and compliance.
- Knowledge of local laws, regulations, and AML/CFT handbooks for Jersey, Guernsey and Isle of Man.
- Proven experience as a Deputy MLRO within a Crown Dependency Financial Institution.
- Experience in making external disclosures to Financial Investigations Units (FIUs) and regulators.
- Experience in financial crime investigation and handling production orders.
- Excellent communication and collaboration skills to influence stakeholders at all levels.
- Strong analytical and problem‑solving skills with the ability to make sound decisions under pressure.
Benefits
- A generous pension contribution of up to 15%
- An annual performance‑related bonus
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 28 days’ holiday, with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies
