Money Laundering Reporting Officer (MLRO) Job in United Kingdom

Job Title: Money Laundering Reporting Officer (MLRO)
Job Location: United Kingdom
Experience: 4 – 5 yrs.
Nationality: Any
Industry Type: Banking / Financial Services

Job Description:

• Develops, initiates, maintains, and revises policies and procedures of the Company and its related activities to assure compliance with legal and regulatory obligations
• Manages day-to-day operation of the compliance and MLRO function, including oversight of implementation and adherence to the Compliance Manual of the Company /Group
• Provision of advice and assistance to the Company on compliance and anti-money laundering matters
• Develops a regular monitoring procedures and practices to assess the adequacy and effectiveness of internal systems of control and measures implemented by the Company
• Develops and updates a regulatory and statutory reporting program and liaises with departments within the Company and/or Group and third party service providers to ensure timely and accurate regulatory reporting
• Maintains compliance registers as required by statutory and regulatory requirements
• Keep abreast of changes in applicable laws and regulations and provide guidance to the Company and to the Group on proposed regulatory changes
• Acts as an independent review and evaluation body to ensure that compliance issues/concerns within the organization are being appropriately evaluated, investigated and resolved;
• Collaborates and liaises with internal departments, regulators, authorities and external service providers to resolve legal and compliance issues
• Identifies potential areas of compliance vulnerability and risk; develops/implements corrective action plans for resolution of problematic issues, and provides general guidance on how to avoid or deal with similar situations in the future
• Prepare reports on a regular basis, to the Directors and the Head of Compliance, on the compliance and anti-money laundering matters
• Develop an effective training programs, including appropriate introductions to new employees as well as ongoing training for all employees and managers

Desired Profile:

•     Holder of a Bachelor Degree
•    At least four to five years of related experience in bank/ money exchange field

Preferred Skills:

• Excellent oral and written English communication skills
• Knowledge of AML Laws and Regulation / FATF Recommendations of Central Bank of UK.
• Persuasive communicator.
• Reliable, precise, well organized.
• Dynamic, committed and a team player.
• Can work under pressure and in a fast-paced environment.
• Works with minimal supervision.

If you are interested in working with us kindly upload your resume in the below link: http://www.gccexchange.com/career-money-laundering-officer-uk