The Deputy Money Laundering Reporting Officer (DMLRO) sits within the Firms second line of defence (2LOD) and supports the MLRO in providing a framework to support compliance with relevant rules, regulations and legislation relating to financial crime risk. The DMLRO supports the MLRO in the design, development and ongoing monitoring of the Firms’ financial crime risk arrangements ensuring these are aligned with the Firm’s risk appetite and applicable legal and regulatory requirements.
The Compliance Officer assists the Chief Compliance Officer in providing a framework to support the Firms’ compliance with relevant rules, regulations and legislation relating to compliance risk. The role involves assisting in identifying compliance risks, developing and monitoring effective control frameworks that maintain expected regulatory standards throughout the Firm.
Company Overview:
We are an innovative, award-winning, and dual-regulated FX hedging technology company. The Firm is a fast-growing business with offices in Dublin, London, Malta and Portugal. We build technology to simplify hedging, specialising in providing a full suite of products that are distributed through our partner channels to SME’s. The Firms mission is to use technology to bring essential financial risk management products that everyday businesses need, in a way that’s easy for them to understand.
Responsibilites
- Assist with the drafting and maintenance of Compliance Policies covering Compliance and Financial Crime risk (i.e. AML and CTF Policy, G&E, Compliance Risk, etc.).
- Assist with processing suspicious activity reports (SARs).
- Perform reviews of first-line defence controls.
- Perform sample checking to ensure compliance and financial crime risks are adequately mitigated.
- Conduct thematic assessments of policy implementation and regulatory compliance as required.
- Track emerging relevant legislation and regulatory requirements
- Have a detailed operational knowledge and understanding of the UK’s regulatory requirements regarding financial crime risk.
- Have the capacity to know where to look for guidance, rules and legislation, i.e. FCA Handbook/Rules/Guidance, UK Money Laundering Regulations, JMLSG, etc.
- Skilled at building strong and productive relationships with relevant stakeholders
- Good communication skills and ability to talk to all levels within the Firm.