JOB OVERVIEW

We are seeking a diligent and detail-oriented money laundering reporting officer (MLRO) to join our team. The ideal candidate will play a crucial role in ensuring that our organisation adheres to all regulatory requirements and internal policies. This position involves conducting internal audits, managing compliance processes, and preparing regulatory reports to maintain the integrity of our operations within the Financial Conduct Authority FCA governed Electronic Money Institution sector.

REQUIREMENTS

• Proven experience in a compliance role, preferably within the EMI / banking sector.
• Strong understanding of regulatory reporting requirements and compliance management frameworks.
• Excellent analytical skills with attention to detail.
• Ability to conduct thorough internal audits effectively.
• Strong communication skills, both written and verbal, with the ability to convey complex information clearly.
• Proficiency in using compliance management software and tools is advantageous.
• UK recognised MLRO / AML certification licence is a must - Certified Anti-Money Laundering Specialist (CAMS) and/or ICA International Diploma in Anti Money Laundering.
• A minimum of 3–5 years work experience in similar jobs is required.
• A degree in finance, business administration, law, or a related field is preferred.
• Detailed understanding of the UK AML regime such as The Money Laundering Regulations 2017.
• Experience in Electronic Money Institutions (EMIs), Fintech or payment services, FCA-regulated entities.
• Right to work in the UK is a must and the candidate should be based in London.
  If you are passionate about maintaining high standards of compliance and want to contribute positively to our organisation’s integrity, we encourage you to apply for this exciting opportunity.
  Please note, we will automatically reject your application if you do not hold certification from ACAMS in Certified Anti-Money Laundering Specialist (CAMS) and/or from ICA International Diploma in Anti Money Laundering or do not have the relevant experience working in the Electronic Money Institutions (EMIs), Fintech or payment services, FCA-regulated entities.
  Job Types: Full-time, Permanent
  Pay: £60,000.00-£66,000.00 per year

Benefits:

• Company pension
• Sick pay

Application question(s):

• Are you Located In London or within 1 hour of commute to Central London?

Experience:

• FCA-regulated entities: 3 years (required)
• MLRO role: 3 years (required)

Language:

• Russian (preferred)

Licence/Certification:

• CAMS or ICA or equivalent licence (required)

Work authorisation:

• United Kingdom (required)

Work Location: In perso

• Conduct regular internal audits to assess compliance with applicable laws and regulations.
• Develop, implement, and maintain compliance management systems and policies.
• Monitor changes in legislation and regulatory requirements that may impact the organisation.
• Prepare and submit accurate regulatory reports to relevant authorities.
• Collaborate with various departments to ensure compliance across all accounts and operations.
• Provide training and guidance to staff on compliance-related matters.
• Identify potential areas of compliance vulnerability and risk, proposing corrective actions as necessary.
• Maintain up-to-date knowledge of industry standards and best practices related to compliance.
• Ensure robust customer due diligence (CDD & KYC) processes, properly identifying clients and beneficial owners while understanding and evidencing the nature and purpose of client relationships.
• Document financial crime risk management policies and the organization’s risk profile.
• Oversee appropriate governance, resourcing, and implementation of transaction screening and monitoring systems, ensuring accurate tracking of their effectiveness.
• Ensure timely and accurate regulatory reporting to the FCA.
• Provide information and reports to the governing body and senior management, including the annual MLRO report on the effectiveness of AML systems, controls, and financial crime risk management.