Money Laundering Reporting Officer (MLRO) London, England
Job description
Leading the Compliance Department to fulfil the client’s requirement as per the Regulatory Guidelines in Specified Time.
· Develop the AML/KYC policies and procedures for Payment Institutions.
· Dealing the Regulatory Requirement of Payment Institutions.
· Ability to Communicate with Regulator in relation to Application process.
· Establish key controls & processes to assess & manage Compliance & AML
Overseeing and providing advice to senior management and the business on
compliance and risk issues as well as regulatory trends
· Dealing with the Compliance Requirement of FCA Regulated Business
· Developing, maintaining, updating and implementing Compliance and Risk
policies, procedures, manuals, and programmes to reflect best practice and
regulatory and industry requirements
· Provide the business with clear guidance on AML processes & controls &
implement policy to adhere to requirements
· To act as a point of contact for Compliance issues, ensuring that any problems
are dealt with appropriately and rectified within agreed SLA's
· Good knowledge of the FCA Handbook, AML Regulations, Sourcebook (SYSC),
EMRs, Joint Money Laundering Steering Group (JMLSG) Guidance and other
relevant financial crime legislation, including the Anti-Corruption and Bribery Act
· Ensure the firm's Financial Crime/Money Laundering procedures are always kept
up to date and staff notified of changes
· Record Keeping Requirement of the Business
· Liaising with the regulators
· Managing the SAR Reporting for the Business
· Arranging the staff trainings
Job Type: Full-time
Pay: £35,000.00-£45,000.00 per year
Schedule:
- Monday to Friday
Ability to commute/relocate:
- London, N12 8LJ: reliably commute or plan to relocate before starting work (required)
Education:
- Bachelor's (preferred)
Work Location: One location
