Deputy Money Laundering Reporting Officer (DMLRO UK)

at  3S Money

Hybrid working: up to 2 days a week remote working
We’re looking for a talented Deputy Money Laundering Reporting Officer (“DMLRO“) to join one of the UK’s fastest-growing FinTech scaleups.

Reporting and providing support to the MLRO in Financial Crime and Regulatory compliance.
Demonstrating knowledge and application of the fundamentals of the appropriate obligations to UK EMIs and navigating the FCA handbook.
Developing an excellent understanding of UK, EU, and US sanction regimes, keeping a keen eye on pertinent updates and changes. Confidently working with senior management to provide up-to-date information for risk management and sanctions compliance, and helping conduct assessments to measure any potential risk impacts to 3s Money.
Contributing to or leading awareness-raising and training for the first and second line of defense staff, including formal classroom training, workshop sessions, or informal Q&A sessions.
Undertaking special projects as needed or supporting the financial crime operations team on targeted risk issue remediation, taking ownership of specific tasks as delegated by the MLRO or senior management.
Reviewing compliance onboarding practices and documentation, liaising with the business as required, and making recommendations for improvements.
Reviewing and reporting suspicious activity, taking ownership of the SAR and client exit processes.
Communicating compliance and risk management requirements to internal and external clients, addressing queries and concerns, and assisting with the delivery of staff training.
Working closely with the MLRO to ensure that all local requirements pertaining to Compliance and Financial Crime are closely tracked for changes, maintaining awareness of regulatory and legal changes in the Financial Crime space, and providing timely updates.
Acting as the point of contact for authorities in matters pertaining to Financial Crime in the absence of the MLRO.