Money Laundering Reporting Officer

The Money Laundering Reporting Officer (MLRO) leads andoversees the organization’s anti-money laundering (AML) and counter-terroristfinancing (CTF) compliance framework, ensuring compliance with applicable UKand EU regulatory requirements. As the principal point of responsibility forAML, CTF and financial crime matters, the MLRO has the independence andauthority to identify, assess, escape, and report financial crime risks forthe UK and EU, and manage an AML team. The MLRO partners with seniormanagement, the Board, Legal, Compliance, and business teams to maintain aneffective AML program, provide regulatory oversight, and promote a strongculture of compliance.

• Lead and maintain the organization’s AML and CTF frameworkacross the UK and EU, ensuring policies, procedures, systems, and controlsremain current, effective, and aligned with applicable regulatory requirements
• Own and periodically update money laundering and terroristfinancing risk assessments; establish appropriate Know Your Customer (KYC),Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), PEP and sanctionsstandards
• Oversee ongoing monitoring and suspicious activitydetection, investigation, escalation, and reporting processes, includingdetermining when Suspicious Activity Reports (SARs) or other regulatorynotifications are required
• Serve as the primary point of contact for regulators andlaw enforcement on AML matters and coordinate responses to regulatoryexaminations, inquiries, investigations, and information requests
• Regularly report material AML risks, issues, regulatorydevelopments, control deficiencies, remediation activities, and overall programeffectiveness to senior management and the Board
• Monitor adherence to AML policies and controls and conductor oversee annual AML reviews and program testing, ensuring identifieddeficiencies are appropriately remediated
• Oversee AML training and awareness programs to ensurerelevant employees, management, and stakeholders understand theirresponsibilities and maintain an appropriate culture of compliance
• Manage an AML team in the UK and the Netherlands andcoordinate UK and EU AML activities, including delegated responsibilities,escalation processes, and jurisdiction-specific compliance requirements
• Ensure appropriate records of AML risk assessments, duediligence, investigations, regulatory filings, monitoring, testing, andcompliance decisions are maintained in accordance with applicable requirements

The Money Laundering Reporting Officer (MLRO) leads andoversees the organization’s anti-money laundering (AML) and counter-terroristfinancing (CTF) compliance framework, ensuring compliance with applicable UKand EU regulatory requirements. As the principal point of responsibility forAML, CTF and financial crime matters, the MLRO has the independence andauthority to identify, assess, escape, and report financial crime risks forthe UK and EU, and manage an AML team. The MLRO partners with seniormanagement, the Board, Legal, Compliance, and business teams to maintain aneffective AML program, provide regulatory oversight, and promote a strongculture of compliance.

Essential responsibilities

• Lead and maintain the organization’s AML and CTF frameworkacross the UK and EU, ensuring policies, procedures, systems, and controlsremain current, effective, and aligned with applicable regulatory requirements
• Own and periodically update money laundering and terroristfinancing risk assessments; establish appropriate Know Your Customer (KYC),Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), PEP and sanctionsstandards
• Oversee ongoing monitoring and suspicious activitydetection, investigation, escalation, and reporting processes, includingdetermining when Suspicious Activity Reports (SARs) or other regulatorynotifications are required
• Serve as the primary point of contact for regulators andlaw enforcement on AML matters and coordinate responses to regulatoryexaminations, inquiries, investigations, and information requests
• Regularly report material AML risks, issues, regulatorydevelopments, control deficiencies, remediation activities, and overall programeffectiveness to senior management and the Board
• Monitor adherence to AML policies and controls and conductor oversee annual AML reviews and program testing, ensuring identifieddeficiencies are appropriately remediated
• Oversee AML training and awareness programs to ensurerelevant employees, management, and stakeholders understand theirresponsibilities and maintain an appropriate culture of compliance
• Manage an AML team in the UK and the Netherlands andcoordinate UK and EU AML activities, including delegated responsibilities,escalation processes, and jurisdiction-specific compliance requirements
• Ensure appropriate records of AML risk assessments, duediligence, investigations, regulatory filings, monitoring, testing, andcompliance decisions are maintained in accordance with applicable requirements

Required qualifications

• Bachelor’s degree in Business, Finance, Economics, orequivalent combination of education and experience
• Ten years of relevant experience in AML, financial crimecompliance, regulatory compliance, risk management, legal, audit, or a relatedfield
• Five in AML/financial crime compliance and demonstratedexperience operating at a senior level
• Strong working knowledge of UK AML and CTF laws,regulations, and regulatory expectations
• Working knowledge of relevant EU AML requirements and theability to oversee AML compliance activities across UK and EU operations
• Knowledge of relevant Financial Conduct Authority (FCA)requirements, guidance, and expectations, where applicable
• Experience developing and maintaining money laundering andterrorist financing risk assessments
• Strong knowledge of KYC, CDD, EDD, PEP, sanctions, ongoingmonitoring, and suspicious activity reporting requirements and processes
• Experience managing a team of AML professionals
• Experience developing, implementing, reviewing, andtesting AML compliance programs and controls
• Experience interacting with regulators, law enforcement,auditors, and senior stakeholders
• Experience preparing and presenting AML risk andcompliance reporting to senior management and/or Boards
• Ability to interpret regulatory requirements and translatethem into effective operational policies, standards, procedures, and controls
• Relevant AML, compliance, legal, or financial crimequalifications are desirable but may not be required where the candidatedemonstrates sufficient knowledge and experience

Preferred qualifications

• Experience serving as an MLRO, Deputy MLRO, or in acomparable senior AML role

Working conditions

• Reliable attendance and adherence to an agreed-upon workschedule are essential
• Ability to work at assigned office or remote location, asapplicable
• Typical office environment with moderate noise (e.g.,printers, phones, light traffic)

GENERAL STATEMENT

This description outlines the generalnature and responsibilities of the role. It is not intended to be a comprehensivelist of all duties, responsibilities, or qualifications. The company may modifyjob responsibilities as necessary. Employees are expected to follow companypolicies and model professional behavior.