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Deputy MLRO

  • Location: City of London
  • Salary: £70,000 per year
  • Job Type:Permanent

Posted 3 days ago

  • Sector: Financial Crime & Fraud
  • Contact: Pritesh Chudasama
  • Contact Email: pchudasama@merje.com
  • Expiry Date: 15 June 2022
  • Job Ref: PCH/18971

​Deputy MLRO required for a boutique corporate bank in the City of London.

You will be part of a small Financial Crime and Compliance function responsible for overseeing all financial crime related duties for the bank.

Responsibilities include:

• Responsible for the development and implementation of the Financial Crime framework

• Assist the Head of Financial Crime in ensuring that the Financial Crime function remains up to date

• Execute the Financial Crime Compliance Monitoring Programme and assist with the Compliance Monitoring Programme where required

• Annual review of Global Financial Crime Policies and perform a business impact analysis, identify areas of improvement as it relates to the business and propose policy and procedure updates based upon assessment results

• Assist in compiling and responding to due diligence queries

• Serve as Secretary to the Financial Crime, Compliance, Risk and Internal Control Committee

• Keeping abreast of Financial Crime regulatory developments that impact the business globally

• Completion of client identification records and updating of associated client PEP/Sanction and high-risk customer screening logs

• Assisting the Financial Crime team with transaction monitoring, Sanctions/PEPs screening processes/reports

• To observe group Financial Crime policies, as well as UK law, regulations and guidelines

• Liaise with the Head of Compliance/Financial Crime to co-ordinate responses to any regulatory enquiries

• Produce detailed, well written reports where necessary

As successful candidate will be someone that is comfortable working as part of a smaller bank, and able to work closely within small, close knit team

Please note that should feedback not be received within 14 days due to the large volume of applications; unfortunately, your application has been unsuccessful. However, I may be in touch with similar relevant opportunities in the future.