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City East Recruitment Limited
,
London, Greater London
Chief Compliance Officer/MLRO
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Salary: From £80,000 to £85,000 per annum |
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Overview
Chief Compliance Officer/MLRO London Permanent Circa £80,000 - £85,000 Our client a Money Transfer Service are looking for a Chief Compliance Officer/MLRO to join their team in the City of London on a Permanent basis. The Chief Compliance Officer/MLRO will take responsibility for oversight of the AML/CTF and risk activities and manage the money laundering/terrorist financing, fraud and other risks for group entities. The responsibilities of a Chief Compliance Officer/MLRO will include. Oversight of the firm’s AML/CTF and other compliance/risk activities as Company’s compliance SME Supporting and co-ordinating senior management focus on managing the money laundering/terrorist financing and other risk in individual business areas. Reviewing internal suspicious activity referrals and submitting external suspicious activity referrals Making available to employees any government or FATF findings concerning the approach to money laundering prevention countries or jurisdictions. Oversight of the implementation of the firm’s AML/CTF policies and procedures, including operation of the risk-based approach under delegation from senior management. Development with SME input of end-to-end online remittance compliance solutions for new countries Submitting periodic reports to senior management assessing the operation and effectiveness of the firm’s systems and controls in relation to managing money laundering risk. Reporting to senior management on the outcome of any relevant quality assurance or internal audit reviews of the firm’s AML/CTF processes, as well as the outcome of any review of the firm’s risk assessment procedures. Preparing technical requirement documents for compliance features in the system. The successful Chief Compliance Officer/MLRO will have. 5 years of relevant experience in AML/CTF, Fraud and risk management fields. Educational background in a relevant discipline such as Law, Finance, Business Administration Audit. Strong preference for relevant AML qualifications Strong knowledge and working experience of relevant local laws and regulations (EU AML Directives, Wire Transfer Regulation, Electronic Money Regulations, etc.) Good understanding of global laws and regulations as well as Swedish-specific regulations (Swedish law Act, Swedish Bank Secrecy Act, FATF guidelines, etc.) Ability to work with SMEs to develop end-to-end online remittance compliance solutions for new countries Chief Compliance Officer / MLRO This job was originally posted as www.totaljobs.com/job/89859093