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Deputy Money Laundering Reporting Officer
Greater London
Competitive salary and excellent benefits package
James George Recruitment have partnered for a Tier 1 Asset Finance Funder as they look to further strengthen their Compliance team. Reporting directly into the Head of Compliance, you will have day to day responsibility for the fight against money laundering and terrorist financing.
Key responsibilities will include:
- Deputise for the MLRO as and when required
- Manage small team of compliance managers and officers
- Implementation of policies and procedures
- Handling escalated transactions, including research, report writing, approval and submission to Compliance at Global Head office for approval
- Daily liaison with AML team
- Provide AML training/ guidance to team as required
- Report any Suspicious Activity Reports (SARs) and assist the MLRO with any external NCA reporting
- Preparation of the Annual MLRO report for approval by the MLRO
- Regulatory Watch - Keep abreast of regulatory, legislative change and industry specific updates - share findings and observations that may materially impact the business
- Oversee and manage/ delegate alert screening (PEPs, Sanctions etc)
- Undertake any ad hoc AML/TF/E&S reporting, risk assessments as required
- Handling of all escalated transactions
- Liaise with AML Compliance Managers/Officers regarding escalated transactions, answering queries as required
- Identification of Beneficial Owners
- Ensure various logs are maintained (e.g. CDD, PEPs, Filtering alerts, Periodic review of customers
- Attendance at Compliance Forum as required to discuss AML/TF/KYC/ E&S issues
- Updating slides and reporting for Compliance Committee (ComCo) and Internal Coordination committee (ICCC)
- Attendance at ComCo and ICCC to present slides which provide and update on AML/KYC/S&E matters being worked on or affecting the company
- Undertake any ad hoc AML/TF/E&S reporting, risk assessments as required (Compass campaign, RCSA, RCI reporting)
Your background:
- You will have an excellent knowledge of Money Laundering and Terrorist Finance regulation and FCA regulatory obligations, including Joint Money Laundering Steering Group guidance.
- Must be able to work autonomously and take the initiative when needed, with little supervision.
This is a great opportunity to join a leading player in the industry! Please contact Adam Sommerville at James George Recruitment if you would like to heave discreet and confidential conversation about the position.
