Money Laundering Reporting Officer
NALA
Deputy Money Laundering Reporting Officer
Maintenance of Way Equipment Services
full-time
Posted on:
Origin: • 🇬🇧 United Kingdom
Visit company websiteJob Level
Mid-LevelSenior
About the role
- Support the MLRO: assist in developing and maintaining AFC policies, procedures, and controls and provide oversight on AFC compliance matters
- Ensure timely submission of regulatory reports and responses and submit Suspicious Activity Reports (SARs) to the NCA when required
- Engage with regulators and authorities including the FCA and NCA and collaborate with law enforcement in AML investigations
- Participate in compliance risk assessments and contribute to AML policy development and implementation
- Monitor and evaluate processes and procedures to align with the company's risk management framework and utilise data to assess effectiveness of controls
- Draft internal reports (Management Information for Group Financial Crime Committee, Business-Wide Risk Assessment, regular management meeting packs)
- Contribute to development and delivery of training materials and oversight of business-wide training completion
- Collaborate with other departments and stakeholders to facilitate communication and cooperation in AFC compliance matters
- Keep abreast of changes in AML laws and regulations to ensure ongoing compliance
Requirements
- Proven experience in a similar role (DMLRO, Compliance Officer, or related compliance position)
- Experience within financial services or fintech
- Proven experience in compliance-related risk assessment (Business-Wide Risk Assessment and Enterprise-Wide Risk Assessment)
- Strong experience in control testing projects or quality assurance controls
- Familiarity with FCA reporting requirements and timely, accurate submissions
- Experience supporting an MLRO and handling AML investigations and SARs
- Knowledge of Anti-Financial Crime/AML laws and regulations
- Experience drafting governance and management reports
