Deputy MLRO recruitment
You will manage oversight of all Branch Compliance Resources in establishing and maintaining policies and procedures, monitoring the business, and providing advice and guidance to Senior Management and staff on local financial crime legislation, rules, regulations and sanction issues.
The scope of your role will cover these issues
- Managing the Branch Financial Crime Monitoring Programme through liaisons with local Compliance Resources and/or Country Administrators and External Compliance Consultants.
- Overseeing all Branch Compliance Self-Assessments, managing all subsequent reports and any action plans that arise.
- Through regular contact and visits, the Deputy MLRO will cover all AML oversight in Branches as needed, review local policies and procedures and carry out quality assurance on the local client files.
- Liaise with the Compliance Analyst to ensure all systems and monitoring programmes adequately reflect all local regulations and financial crime prevention goals.
- Develop key MIS, trending reports, and key indicators to complete annual risk assessments for the firm’s network.
- Ensuring that appropriate financial crime prevention and sanctions procedures are established, maintained, communicated to staff and regularly reviewed in accordance with EU and FSA Rules, guidance and updated information.
- Preparing the MLRO Annual Report for senior management as required by the FSA Handbook.
- Assisting in making all appropriate reports to and liaising with the Serious Organised Crime Agency (SOCA), H.M Customs and/or other law enforcement agencies concerning suspected money launderers and transactions.
Requirements
Previous Banking experience essential.
Some exposure to European regulations / issues.
European languages an advantage
Demonstration of developing and implementing policies and procedures ideally across different EU or Worldwide regions.
Experience of delivering training and involvement in staff supervision.
Experience covering Sanctions.
Please do get in touch by calling 0207 310 8656 or email at tobi.taiwo@ojassociates.com