At a Glance
- Tasks: Oversee anti-money laundering and counter-terrorist financing compliance in a remote role.
- Company: Join a dynamic online company focused on sports and casino.
- Benefits: Competitive salary, flexible remote work, and the chance to influence key compliance decisions.
- Other info: Immediate start available; excellent opportunity for career growth in finance.
- Why this job: Make a real impact in financial crime compliance while working independently.
- Qualifications: Must hold a current PML with the UK Gambling Commission and relevant AML experience.
The predicted salary is between 72000 - 88000 £ per year.
Money Laundering Reporting Officer (MLRO) to join an Online company with a focus on sports and casino, in a key compliance-focused role. The MLRO will oversee the organisation’s anti-money laundering (AML) and counter-terrorist financing (CTF) framework and act as the focal point for financial crime compliance, providing independent oversight, challenge and guidance. You will hold a current PML issued by the UK Gambling Commission. The role is working fully remote and requires a candidate who is willing to operate as a self-employed individual. The role requires an immediate start.
What’s on offer:
- Salary at marker rate to be discussed in line with experience.
- The opportunity to provide independent oversight of the organisation.
- Working closely alongside senior management and Board to escalate concerns.
What You Will Be Doing:
- Act as the organisation’s MLRO and, where applicable, Nominated Officer for suspicious activity reporting.
- Oversee compliance with applicable AML, CTF, sanctions and financial crime legislation, regulations and regulatory guidance.
- Maintain and regularly review the firm-wide AML/CTF risk assessment and ensure risks are appropriately identified, assessed, documented and mitigated.
- Develop, maintain and oversee AML/CTF policies, procedures, controls and monitoring programmes.
- Review internal suspicious activity reports and determine whether external Suspicious Activity Reports (SARs) or equivalent regulatory reports are required.
- Maintain appropriate records of internal disclosures, investigations, decisions and regulatory reporting.
- Challenge business decisions where financial crime risks are not controlled.
- Monitor regulatory developments and assess their impact on the organisation.
- Report material AML/CTF issues, trends, breaches and risks to senior management and the Board.
- Prepare periodic and, where required, annual MLRO reports covering the effectiveness of the AML/CTF framework and significant issues identified.
- Liaise with regulators, law enforcement, financial intelligence units and other competent authorities where required.
- Support regulatory inspections, audits and information requests relating to AML/CTF and financial crime.
- Ensure appropriate escalation of material financial crime risks, control weaknesses and suspected breaches.
- Maintain appropriate independence, authority, access to information and resources to perform the MLRO function effectively.
What You Will Need to Succeed in This Role:
- Hold a current PML with the UK Gambling Commission.
- Relevant professional qualification in AML, Compliance, Financial Crime, Risk, Law, Finance or a related discipline is desirable.
- Desirable – AML/financial crime certification such as ICA, ACAMS or equivalent.
- Evidence of up-to-date knowledge of relevant regulatory requirements.
- Proven experience in an MLRO role within Online Gaming desirable.
- Strong working knowledge of AML/CTF legislation, regulatory requirements and financial crime risks.
- Experience in assessing customer and business risk.
- Strong understanding of CDD, EDD, transaction monitoring and sanctions.
- Strong analytical, investigative and decision-making skills.
- Excellent communication skills, confident to challenge senior stakeholders.
- High level of integrity, discretion and professional judgement.
- Ability to work independently while collaborating with senior management.
Money Laundering Reporting Officer (MLRO) in London employer: SRG Europe
As a remote employer in the online sports betting and casino sector, we offer a unique opportunity for an experienced Money Laundering Reporting Officer to shape our AML/CTF framework while enjoying the flexibility of self-employment. Our work culture prioritises independence and collaboration with senior management, fostering an environment where your expertise can drive meaningful change in financial crime governance. With a commitment to employee growth and staying ahead of regulatory developments, we provide a rewarding platform for professionals looking to make a significant impact in a digital-first business.
StudySmarter Expert Advice🤫
We think this is how you could land Money Laundering Reporting Officer (MLRO) 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 SRG Europe looking for candidates who are engaged and informed.
We think you need these skills to ace Money Laundering Reporting Officer (MLRO) 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 SRG Europe. 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 SRG Europe
✨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 SRG Europe’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
