Search and Select Recruitment Agency
Location
Church, Lancashire | United Kingdom
Job description
Our client seeks a Money Laundering Officer (MLRO) to join their team. Role Profile: Do you have a wealth of experience working within the requirements of the Financial Services Act, the Financial Services Rule Book, the Isle of Man anti money legislation, the Data Protection Act and GDPR. The role holder is responsible for fulfilling the FSA controlled functions of Head of Compliance and Money Laundering Reporting Officer for a trust and corporate service provider business. This will involve overseeing the operational and day to day compliance strategy and processes of the business. Key Responsibilities: Providing support to the Directors with regulatory oversight activities and regulatory reporting including AML/CFT matters. Providing ongoing advice and support to the business on regulatory compliance and AML/CFT matters. Developing and maintaining the relationship with the Financial Services Authority. Cooperating and acting as a contact point with the Financial Intelligence Unit. Receipt, review, investigation and, if appropriate, externalising internal Suspicious Activity Reports. Identify and implement developments to the business compliance and AML/CFT framework. Supporting the maintenance of the risk management framework for the business. Identifying changed business risks. Supporting the development, delivery and reporting of the compliance monitoring programme. Coordinating the delivery of regulatory change initiatives impacting the businesses. Ensuring that regulatory requests, reports and other official communications are responded to and handled appropriately and promptly. Maintaining the Compliance and AML/CFT Manuals, policies and associated documentation. Maintaining the registers required under the Financial Services Rule Book and the AML/CFT Code. Preparation and development of industry specific regulatory, AML/CFT and other relevant training for staff. Review of higher risk new business and support to the business control team on AML/CFT matters. Oversight of the periodic client review process. Acting as Data Protection Officer for the company. Providing ongoing advice and support to clients on compliance matters. Key Skills and Experience: 5 GCSEs or equivalent at grade C or above. ICA Diploma in Compliance / Governance, Risk and Compliance. Previous experience in a similar role in an Isle of Man FSA regulated business is key. If you have the required skills please apply online at searchandselect.com quoting reference number: 14508
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