MLRO - Banking - K-People Europe Limited : Job Details

K-People Europe is a London based recruitment consultancy and we’ve been recruiting top talents for our clients in UK & Europe since 2007.

Our client, a reputable international bank based in City of London, is looking for a MLRO - Money Laundering Reporting Officer.

[Responsibilities]

(1) Serve as the Subject Matter Expert for Financial Crime programs

(2) Develop and maintain financial crime policies and procedures

(3) Implement the second line financial crime control framework and conduct investigations

(4) Oversee suspicious activity investigations and produce professional reports

(5) Liaise with the Financial Conduct Authority (FCA) as MLRO

(6) Provide guidance and advice on financial crime matters to all departments

(7) Deliver financial crime awareness training

(8) Evaluate, monitor High-Risk customers and PEPs

(9) Develop and execute a comprehensive risk-based financial crime monitoring plan

(10) Update the Financial Crime Business Wide Risk Assessment and Customer Risk Assessment

(11) Review and submit SARs to the National Crime Agency

(12) Maintain accurate records and submit the annual FCA financial crime submission

(13) Stay updated on relevant rules and legislation, providing early warnings and action plans

[Requirements]

(1) Good understanding of JMLSG and Regulatory KYC requirements

(2) Must have minimum 5 years of relevant work experience within UK financial market with previous SMF17 approval

(3) Strong understanding of AML/CTF requirements and financial crime risks associated with the range of services in the banking industry.

(4) Ability to escalate risks promptly and appropriately and/or failure of standards to be met, to management

(5) Ability to analyse reports, identify failings and notify same together with recommendations for remediation

(6) Relevant AML experience, preferably in an international bank.

(7) Experience with AML/KYC/Due Diligence processes and systems

(8) Experience with AML monitoring and screening

(9) A recognized AML/Compliance qualification is desirable but not essential

(10) Other relevant professional qualifications from an internationally recognised body (e.g., ICA, ACAMS) are advantageous

(11) Knowledge of the UK and EU regulatory environment and key financial crime regimes, and emerging trends. Any specialism in EU, UK or US sanctions regimes is a plus.

(12) Law degree / LPC preferred

(13) Team player adaptable to a fast-paced and changing environment

[Conditions]

(1) Location: City of London (Bank area)

(2) Job type: Full-time & Permanent

(3) Working hours: 8:30am~4:40pm

(4) Annual basic salary: Fully negotiable depending on experience

(5) Bonus, pension, lunch allowance, travel expense, etc.

(6) Annual leave: 21 + Bank Holidays

[Before you apply]

(1) Please send your CV in a Word format

(2) The right candidate must be eligible to work full-time in UK immediately without any restriction. If you’re on any visa permitting full-time work in UK, please indicate your visa status in your CV and when it expires.

(3) ONLY right candidates will be contacted, and if your application is successful, we’ll contact you within 5 working days