At a Glance
- Tasks: Support compliance functions and manage financial crime risks in a dynamic team.
- Company: Join Altery, a resilient and diverse fintech company.
- Benefits: Enjoy flexible hybrid working, local perks, and growth opportunities.
- Other info: Collaborative environment that values diverse perspectives and empowers decision-making.
- Why this job: Make a real impact in compliance while advancing your career.
- Qualifications: Experience in compliance roles and risk assessment within financial services.
The predicted salary is between 50000 - 65000 £ per year.
About us
We are seeking a qualified and experienced DMLRO and Compliance Officer to join our dynamic team at Altery.
This pivotal role combines critical compliance functions, ensuring the organisation remains aligned with anti-money laundering (AML) regulations and robustly manages financial crime risks.
What you’ll be doing
• Support to the MLRO
- Assist in developing and maintaining AFC policies, procedures and controls.
- Provide oversight on AFC compliance matters, including periodic reviews and audits.
- Ensure timely submission of regulatory reports and responses.
• Reporting Obligations
- Supporting the organisation in engagement with regulators and authorities, including the FCA and NCA.
- Submit Suspicious Activity Reports (SARs) to the National Crime Agency (NCA) when there is suspicion of money laundering or terrorist financing.
• Cooperation with Authorities
- Collaborate with law enforcement and regulatory authorities in AML investigations and provide requested information.
• Reporting Structure
- Establish a clear reporting structure within the organisation to ensure that suspicious activities are reported to the nominated officer promptly.
• Risk Assessment
- Participate in assessing the risk of financial crime within the organisation and contribute to the development and implementation of AML policies and procedures.
• Governance
- Draft key internal reports, such as the Management Information for Group Financial Crime Committee and Business-Wide Risk Assessment, as well as regular management meeting packs.
• Training and Awareness
- Contribute to the development and delivery of training materials and oversight of business-wide training completion.
• Communication
- Collaborate with other departments and stakeholders to facilitate communication and cooperation in matters related to AFC compliance.
• Stay Informed
- Keep abreast of changes in AML laws and regulations to ensure the organisation remains compliant with the latest requirements.
- What you’ll bring to us
• Previous Experience
- Proven experience in a similar role, ideally as a DMLRO, Compliance Officer or a related compliance position within financial services or fintech.
• Risk Assessment
- Proven experience in compliance-related risk assessment such as Business-Wide Risk Assessment and Enterprise-Wide Risk Assessment.
• Control Testing
- Strong experience in control testing projects or quality assurance controls.
• FCA Reporting
- Familiarity with Financial Conduct Authority (FCA) reporting requirements, ensuring timely and accurate submissions in line with regulatory expectations.
What we offer
- Team and our Product: We are team players, and we are passionate about our product and understand what we aim to achieve and the impact it will make.
- Growth Opportunities: You can influence and shape our story while advancing your career.
- Flexibility: We always listen to our people and can be flexible with arrangements.
- Hybrid Working: We don't expect you to be in the office every day.
- Local Market Perks: Enjoy insurance coverage, local perks and beautiful offices.
- Why join us
We may not be perfect, but our strength lies in our resilience.
Facing challenges with our expertise, a positive attitude and a supportive environment where everyone relies on one another gives us confidence in what we do.
We empower our people to make decisions, explore and experiment — micromanagement isn’t our style.
We reward those who take on additional responsibilities and go the extra mile.
We are proud of how diverse and unique we are. We thrive on diverse views, love learning from one another and believe that our differences fuel our curiosity.
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Deputy Money Laundering Reporting Officer in London employer: newfts
Newfts is an exceptional employer that prioritises employee well-being and professional growth, offering a flexible hybrid or remote work environment tailored to your needs. With a strong focus on compliance and collaboration, you'll be part of a dynamic team dedicated to tackling financial crime, while enjoying local market perks that enhance your work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Money Laundering Reporting Officer in London
✨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 newfts looking for candidates who are engaged and informed.
We think you need these skills to ace Deputy Money Laundering Reporting Officer in London
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 newfts. 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 newfts
✨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 newfts’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
