Responsibilities
- Performing the SMF17 (Money Laundering Reporting Officer/MLRO) function under the Senior Managers & Certification Regime.
- Act as the firm's Nominated Officer under the Money Laundering Regulations.
- Maintain compliance with FCA Handbook (SYSC, SUP, DEPP), Money Laundering Regulations, Proceeds of Crime Act, and Terrorism Act along with the UK Sanctions regime.
- Managing compliance oversight of key Financial Crime Frameworks and ensure alignment with regulatory requirements, industry best practices, and firm's risk profile.
- Providing regular MLRO reports to the Board and relevant governance committees.
- Owning and periodically refreshing the firm's Financial Crime Risk Assessment.
- Oversee the AML Monitoring Program, internal and external audits, FCA remediation actions, and regulatory inspections.
- Assist with the onboarding of new clients through rigorous KYC verification process.
- Advise on high-risk customers, PEPs, and complex ownership structures.
- Act as the firm's Nominated Officer for Suspicious Activity Reporting.
Requirements
- 10 plus years of strong regulatory judgement and a risk-based approach to decision-making
- Excellent stakeholder management and communication skills
- Experience leading compliance and financial crime teams
- AML technology and transaction monitoring systems proficiency
- Experience with FCA, NCA, OFSI and external auditors
- Strong knowledge of UK AML, sanctions, payment services and financial crime regulations
- Experience overseeing transaction monitoring, sanctions screening, KYC, EDD and SAR investigations
- Experience leading regulatory inspections and remediation program
- Proven people leadership and stakeholder management skills
- Eligible to perform the SMF17 function, subject to FCA approval.
Core Competencies
Demonstrates extensive expertise in regulatory compliance, particularly in AML, KYC, and financial crime regulations, while effectively managing stakeholder relationships and leading compliance teams. Proficient in overseeing financial crime frameworks and conducting risk assessments aligned with regulatory standards.