Deputy MLRO

Deputy Money Laundering Reporting Officer (12 month Interim)
Manchester
500-750/Day

This role will support the MLRO in developing and maintaining our anti money laundering and terrorist financing compliance framework, which complies with legislative and regulatory best practice, for the UK operations of the business.

Key Activities/Competencies
* Support the Business' Senior Manager responsible for oversight of its compliance with the Regulators' rules on systems and controls for prevention of Money Laundering and terrorist financing
* Support and communicate with the regional compliance departments and other business areas in their objectives to rollout systems and/or instructions and follow them up to ensure local implementation;
* In conjunction with the UK Financial Crime & Information Security department, develop robust, user friendly systems & controls, instructions and guidance that will assist branches and other entities in their objectives to build and maintain a business with high levels of operational rigour, and which comply with our regulatory obligations;
* Develop and maintain detailed knowledge of appropriate legislation, regulations and guidance published by the UK, EU and other regulatory bodies from time to time;
* Provide appropriate expertise to the business as a key point of reference;
* Support the planning and management of the delivery of thematic financial crime focussed assurance reviews of operational business areas;
* Manage the preparation of AML reports for management and group reporting, including the annual AML report;
* Support the Financial Crime Prevention Analysts and Officers in assessing potential anti-money laundering matches, such as Sanctions, Politically Exposed Persons and adverse media checking;
* Advising on Anti Money Laundering/Counter Terrorist Financing implications of new products, services or channels.
* Support the planning and management of the oversight of the AML Project to assure that its delivery meets its objectives.
* Support the development of anti-money laundering training to ensure everyone in the business receives training which meets regulatory requirements

Competencies and Qualifications
* Detailed and current knowledge of anti-money laundering counter terrorist financing and financial sanctions policies and procedures specifically within the retail banking sector, including the related legal and regulatory framework.
* An understanding of current and future proposed regulatory requirements/expectations is required. Experience in managing a second line of defence financial crime oversight team would be an advantage.
* She / he will have sound judgement and strong decision making skills, together with an enquiring analytical mindset and a strong work ethic.
* They will need to have the ability to work in a small team, and be able to influence a virtual team of experts within the region to achieve common goals.
* Further to this they must be able to manage a significant and critical workload. Effective prioritisation of workload is essential.

To apply for the role, send your CV to Alex in the Manchester office alongside a suitable time to talk.

Search is an equal opportunities recruiter and we welcome applications from all suitably skilled or qualified applicants, regardless of their race, sex, disability, religion/beliefs, sexual orientation or age