Money Laundering Reporting Officer (MLRO) - UK

Job Description: Money Laundering Reporting Officer (MLRO) Reporting to: Board of Directors Location: Woodford, London ( Hybrid) The role: The MLRO is a senior leadership position responsible ensuring the company's compliance with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. This role combines strategic oversight with hands-on operational management and serves as the primary point of contact for all regulatory bodies. The successful candidate will proactively oversee all aspects of the company's operations, ensuring that they comply with local and international regulations, foster a culture of ethical conduct, and mitigate financial crime risks through effective controls, training, and reporting mechanisms, whilst keeping the business momentum of a high growth organisation. The MLRO is responsible for ensuring the company's continued compliance with all its legal obligations and maintaining best industry practice: Oversight and review of transactions when escalated by junior team members within Compliance and Operations functions. Oversight and involvement in the Onboarding process, ensuring the process remains proactive and professional. Accountability for adherence to 3LOD model, whilst ensuring continued oversight of Compliance, Onboarding and Operations teams and processes to ensure adherence to client SLAs. Work with relevant departments to ensure a robust, risk-based compliance program that aligns with the company's strategic objectives and regulatory obligations. Provide regular updates, strategic advice, and comprehensive reports to the Board of Directors and executive management regarding compliance risks, policy updates, and operational effectiveness. Work with the Malta MLRO to ensure streamlined operations. Interpret and implement relevant local and EU regulatory requirements (e.g., AML/CTF, Consumer Protection, Payment Services Directives) ensuring that policies are aligned with industry best practices. Ensure that compliance and MLRO functions operate with independence and autonomy, with direct reporting lines to senior management or a board-appointed committee as required. Act as the designated Money Laundering Reporting Officer (MLRO), overseeing all AML and combating the financing of terrorism activities. This includes receiving, assessing, and investigating internal reports and suspicious transaction reports (STRs), and escalating issues when warranted. Develop and maintain comprehensive business risk assessments (BRAs) and customer risk assessments to identify, monitor, and mitigate potential money laundering and financial crime risks. Prepare and submit timely and accurate regulatory reports to relevant authorities. Develop and implement regular compliance and AML training programs for employees at all levels, ensuring that employees are knowledgeable about relevant regulations and internal controls. Monitor the effectiveness of compliance controls, partner in delivering internal audits, and ensure timely remediation of identified deficiencies. Work closely with external auditors and regulatory examiners during inspections. Leverage compliance technology and data analytics to enhance transaction monitoring, risk assessment, and reporting processes. Manage projects related to compliance software implementations. Act as the primary contact for all regulatory and enforcement bodies, managing inquiries, inspections, and communications. Stay current with evolving AML/CTF trends, participate in industry forums, and ensure the company's practices are benchmarked against best practice standards. Work closely with legal, risk management, internal audit, IT, and business units to embed compliance into all aspects of operations.

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