Deputy MLRO

Responsibilities:

• The Deputy Money Laundering Reporting Officer (“DMLRO“) role will report and provide support to the MLRO, members of the Compliance team and management
• Prepare documentation related to queries arising from law enforcement and other regulatory agencies
• Review compliance onboarding practices and documentation, liaise with the business as required and make recommendations as to improvements
• Review transaction reports, suspicious activity reports and alerts and summarise findings; be prepared to draft external suspicious activity reports as required
• Undertake detailed investigations arising from Internal Disclosures or related activity and be in a position to make recommendations
• Communicate compliance and risk management requirements to internal and external clients; address queries and concerns and assist with the delivery of staff training
• Liaise with CIMA
• Work closely with the MLRO and the AMLCO to ensure that all local requirements pertaining to Compliance and Financial Crime are addressed in CVT plans and closely tracked for changes
• Identify data quality issues, recommend solutions and implement change
• Take ownership of specific tasks as delegated by the MLRO, AMLCO or management
• Maintain an awareness of regulatory and legal changes in the Financial Crime space and provide timely updates
• Maintain an awareness of Anti-Bribery & Corruption requirements
• In the absence of the MLRO, act as the point of contact for authorities in matters pertaining to Financial Crime

Experience required:

• Minimum 5 years relevant Compliance / Financial Crime experience
• Knowledge of the Financial Crime environment and emerging trends
• Ability to promptly and appropriately escalate risks and/or failure of standards to be met, to management
• Ability to analyse reports, identify failings and to notify same together with recommendations for remediation
• Strong communication skills, both written and spoken
• Team player
• Some experience of interaction with regulatory authorities is helpful
• Ability to multi-task and work to tight deadlines
• High ethical standards with the ability to handle sensitive and confidential matters with absolute discretion
• Strong analytical and problem solving skills
• Ability to liaise and communicate competently within a team in order to ensure the effectiveness of the Compliance and Financial Analytical activities
• Experience in effectively dealing with senior management, including presentation