At a Glance
- Tasks: Support anti-financial crime strategies and ensure compliance with UK regulations.
- Company: Join Revolut, a fast-growing fintech revolutionising how people manage their money.
- Benefits: Flexible working options, competitive salary, and a vibrant company culture.
- Other info: Be part of a dynamic team in a Great Place to Work™ certified environment.
- Why this job: Make a real impact in the fight against financial crime while shaping the future of finance.
- Qualifications: 5+ years in financial crime with strong regulatory knowledge and problem-solving skills.
The predicted salary is between 60000 - 75000 £ per year.
Office: London | Remote: UK
About Revolut
People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 75+ million customers get more from their money every day.
As we continue our lightning-fast growth, two things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work™. So far, we have 13,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.
About the role
Our Compliance team blends regulatory expertise with data-driven thinking to make sure our products meet legal and policy requirements and deliver real value to customers. In a fast-moving, digital environment, they stay one step ahead by finding smart, scalable ways to manage conduct risk.
We’re looking for a Deputy Money Laundering Reporting Officer to ensure our financial crime and anti-money laundering frameworks operate effectively. You’ll contribute to oversight and compliance by identifying risks and maintaining robust systems and controls across different areas.
What you'll be doing
- Supporting the development and maintenance of the anti-financial crime (AFC) strategy, ensuring UK regulatory expectations are understood and compliant controls are embedded across the firm.
- Assisting the MLRO in developing, refining, and maintaining a robust financial crime and AML/CTF programme.
- Designing and delivering an impactful AML/CTF and sanctions training programme that drives positive behavioural change and clarifies staff responsibilities.
- Ensuring financial crime risks are proactively considered and mitigated during new product developments and feature launches.
- Overseeing the internal and external suspicious activity reporting (SAR) process, ensuring timely investigation, recording, and submission.
- Escalating critical financial crime risks and suspicious activities to relevant regulators and law enforcement bodies.
- Collaborating closely with the MLRO and Compliance Managers to provide strategic recommendations and mitigate regulatory risk.
What you'll need
- 5+ years of experience in financial crime.
- Knowledge of financial services regulation and fraud detection methodologies.
- An understanding of emerging practices in financial crime and money laundering typologies.
- The ability to motivate and influence others.
- The ability to oversee and apply AML policies, procedures, and controls in complex financial operations.
- Problem-solving and decision-making skills to analyse complex information and drive resolutions.
- Deep knowledge of UK regulatory environments and key financial crime regimes.
Deputy Money Laundering Reporting Officer in London employer: Revolut Ltd
Revolut is an exceptional employer that prioritises employee experience and growth, as evidenced by our Great Place to Work™ certification. With a dynamic work culture that encourages innovation and collaboration, we offer our team members the opportunity to shape the future of finance while enjoying the flexibility of remote work in the UK. Join us to be part of a rapidly growing company that values your contributions and supports your professional development.
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 Revolut Ltd 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 Revolut Ltd. 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 Revolut Ltd
✨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 Revolut Ltd’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
