Deputy Money Laundering Reporting Officer
Capital · London, England, United Kingdom · hybrid
We are a leading trading platform that is ambitiously expanding to the four corners of the globe. Our top-rated products have won prestigious industry awards for their cutting-edge technology and seamless client experience. We deliver only the best, so we are always in search of the best people to join our ever-growing talented team.
Responsibilities:
- Act as alternate nominated officer, deciding on SARs and DAML requests when the MLRO is unavailable, under documented delegated authority.
- Attend the Audit, Risk and Compliance Committee and the Group Financial Crime Committee in the MLRO's absence.
- Maintain a complete, contemporaneous audit trail of all decisions taken under deputised authority, distinct from decisions taken by the MLRO.
- Maintain deputisation readiness: current knowledge of the MLRO's live case load, open regulator correspondence and outstanding remediation, so cover can be provided at short notice.
- Oversee escalations from transaction monitoring and name screening (PEP, sanctions, adverse media), setting investigation quality and disposition standards.
- Oversee sanctions screening escalations and prepare OFSI reports for MLRO sign off.
- Maintain the Business Wide Risk Assessment (BWRA), proliferation financing risk assessment, AML, CTF and CPF policies and the customer risk assessment methodology, and propose changes to the MLRO for approval.
- Escalate material gaps or emerging typologies to the MLRO.
- Lead root cause analysis on control failures or thematic issues and track remediation actions to closure.
- Prepare financial crime MI for senior management and governance committees, and draft sections of the annual MLRO Report.
- Support responses to FCA information requests and assist with skilled person reviews (s.166 FSMA 2000) or supervisory visits as directed by the MLRO.
- Track the AML control framework against FCA Handbook updates, JMLSG guidance revisions and OFSI and HMT sanctions notices.
- Line manage members of the UK Financial Crime team, setting quality standards, coaching and development plans.
- Act as the escalation point for complex or ambiguous cases referred by Level 1 and Level 2 analysts and more junior members of the UK Financial Crime team.
- Build the knowledge and judgement needed to step up to SMF1
Requirements:
- Deep working knowledge of UK AML and CTF regulation: MLR 2017, POCA 2002, TA 2000, FCA SYSC 6.3 and JMLSG Guidance.
- Sound judgement under pressure. Comfortable taking disposition decisions on live SARs without the MLRO present.
- Strong report writing and Board level communication skills.
- People leadership experience, or clearly demonstrated readiness to lead a team.
- Ability to manage regulator facing deliverables to deadline.
- 5+ years in AML and financial crime compliance within a regulated firm (CFD or brokerage, banking, payments or crypto), or equivalent regulatory exposure, including direct SAR investigation and disposition experience.
- Prior deputy or MLRO experience is preferred but not required.
- Experience preparing MI for Boards or Risk Committees.
- Familiarity with CFDs, spread betting and margin trading behaviours.
- Awareness of how FCA Consumer Duty intersects with financial crime risk (for example, vulnerable customer considerations in AML decisioning).
- ICA Diploma or Advanced Certificate in AML, ACAMS or equivalent.
- Direct exposure to FCA supervisory engagement
- Existing line management experience.
What you will get in return:
• Competitive Salary: We believe great work deserves great pay! Your skills and talents will be rewarded with a salary that makes you feel valued and motivated.
• Work-Life Harmony: Join a company that genuinely cares about you - because your life outside of work matters just as much as your time on the clock. #LI-Hybrid
• Generous Time Off: Need a breather? Our annual leave policy lets you recharge and enjoy life outside of work without a worry.
• Employee Referral Program: Love working here? Share the love! Bring your talented friends on board and get rewarded for growing our awesome team.
• Comprehensive Health & Pension Benefits: From medical insurance to pension plans, we’ve got your back. Plus, location-specific benefits and perks!
• Workation Wonderland: Live your digital nomad dreams with 30 extra days to work remotely from anywhere in the world (some restrictions apply). Adventure awaits!
• Volunteer Days: Make a difference! Take two additional paid days each year to support causes you care about and give back to the community.
Be a key player at the forefront of the digital assets movement, propelling your career to new heights! Join a dynamic and rapidly expanding company that values and rewards talent, initiative, and creativity. Work alongside one of the most brilliant teams in the industry.