Money Laundering Reporting Officer / Payment service compliance manager

Job content

Money Laundering Reporting Officer (MLRO)

For cross-border payment service

- Full-time, Permanent –

- Competitive salary

Summary of responsibilities:

·Manage the development, implementation and review of the AML Framework for the firm

·Conduct risk assessment to apprise Management on the risks AML/CFT

·Review of the AML/CFT practice to ensure compliance with the relevant regulatory requirements and internal policies.

Key Areas of Responsibilities:

·Develop, implement and update the firm’s AML/CTF Framework.

·Provide guidance on proper application and interpretation of laws, regulations and policies applicable to the business and participants to the firm’s services.

·In collaboration with the business stakeholders, review the Company’s compliance with regulatory requirements and ensure gaps are identified and mitigated.

·Develop and implement a compliance monitoring and reporting mechanism to check the firm’s compliance with prescribed regulations, rules and standards.

·Propose and conduct business and regulatory specific compliance reviews and routine checks.

·Supports the company’ efforts to comply with company policies and procedures as they relate to anti-money laundering. Evaluate internal controls and anti-money laundering compliance programs for the company through transaction analyses, compliance reviews and training sessions.

·Liaise with management to develop tactical and operational plans to address/mitigate risks related to AML/CFT

·To communicate, coordinate with relevant departments on anti-money laundering related issues and conduct internal AML/CFT training sessions.

·Conduct risk assessment and prepare periodic compliance reports for Management

·Act as a liaison officer with the regulator

·Conduct transaction monitoring and submission of Suspicious Activity Report.

·Other assigned tasks related to AML/CFT Compliance from time to time

Job Qualifications:

·Relevant AML/CFT certification

·Minimum 3 years of experience in Compliance; Audit; Risk or AML within the financial services industry (International payment service experience is preferred)

·Prior experience in setting the strategic direction of an organization is required

·Excellent oral and written communication skills. Comfortable in presenting to both their team and senior leadership

·Ability to articulate thoughts in a clear and concise manner

·Ability to operate in a fast-paced environment driven by deadlines

·Ability to multitask and is comfortable with ambiguity

·Ability to develop strong relationships internally and externally, especially with law enforcement

·Ability to work both independently and cooperatively on project teams.

·Proficiency in MS applications

Job Type: Full-time

Salary: From £32,000.00 per year

Benefits:

• Casual dress
• Flexible schedule
• On-site parking

Schedule:

• 8 hour shift
• Monday to Friday

Education:

• Master’s (preferred)

Experience:

• Compliance management: 3 years (preferred)
• Global payment service: 3 years (preferred)

Work remotely:

• No