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Money Laundering Reporting Officer - SMF 17

Money Laundering Reporting Officer - SMF 17

Broadgate Search Ltd

Posted 12 hours ago, valid for 22 days

London, Greater London EC1R 0WX

Full Time

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Sonic Summary

The International Retail Bank is seeking a Money Laundering Reporting Officer (MLRO) to lead its Anti-Money Laundering and Financial Crime strategy in London with a hybrid working model.
The role requires a minimum of 10 years of experience in compliance or financial crime roles, preferably with experience related to SMF 17.
Key responsibilities include developing AML frameworks, advising management on regulations, overseeing transaction monitoring, and acting as the primary contact with the NCA.
Candidates should possess a Bachelor's degree and an ICA Diploma in relevant fields, along with a strong understanding of UK regulatory requirements.
The position offers a competitive salary of £80,000 to £100,000, depending on experience.

Money Laundering Reporting Officer (MLRO) – SMF 17Location: London, UK – Hybrid WorkingRole OverviewAs the MLRO, you will lead this International Retail Bank’s Anti-Money Laundering (AML) and Financial Crime (FC) strategy, ensuring compliance with regulatory requirements and safeguarding the Bank from financial crime risks.Key Responsibilities:

Develop and maintain AML/CTF frameworks, policies, and controls.
Advise senior management on AML/FC regulations and ensure compliance.
Oversee transaction monitoring, identifying and reporting unusual activity.
Act as the primary contact with the NCA and relevant agencies on AML matters.
Prepare and present the annual MLRO report and manage SAR submissions.
Ensure AML training across the Bank and adherence to sanctions screening tools.
Fulfil statutory obligations under SMF 17 and participate in the Executive Risk Committee.

Requirements:Qualifications:

Bachelor’s Degree preferred.
ICA Diploma in Governance, Risk & Compliance, Anti-Money Laundering, or Financial Crime Prevention (or equivalent).

Experience:

10+ years in compliance or financial crime roles, ideally with SMF17 experience or readiness for an approved person role.
Retail banking background
Strong understanding of UK regulatory requirements and retail banking operations.

Skills & Attributes:

In-depth knowledge of AML/CTF regulations and financial services compliance.
Proven ability to monitor regulatory changes and guide internal teams.
Strong ethical standards aligned with the FCA’s Senior Managers Regime.

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