Deputy Money Laundering Reporting Officer (DMLRO UK)
Hybrid working: up to 2 days a week remote working
We’re looking for a talented Deputy Money Laundering Reporting Officer (“DMLRO“) to join one of the UK’s fastest-growing FinTech scaleups.
Our mission
3S Money is reinventing international business banking. Founded in 2018, our mission is to help growing businesses send, receive and exchange money in over 190 countries. With offices in five countries and over 200 employees, you’ll be joining a high-energy, high-impact team that’s achieved profitability and has a wealth of opportunity ahead.
Our culture
At 3S Money, we believe in caring personally, staying curious and making an impact through collaboration not competition. Our culture is genuinely transparent with minimal hierarchy and a commitment to each employee’s professional growth.
What you’ll be doing
- Reporting and providing support to the MLRO in Financial Crime and Regulatory compliance.
- Demonstrating knowledge and application of the fundamentals of the appropriate obligations to UK EMIs and navigating the FCA handbook.
- Developing an excellent understanding of UK, EU, and US sanction regimes, keeping a keen eye on pertinent updates and changes. Confidently working with senior management to provide up-to-date information for risk management and sanctions compliance, and helping conduct assessments to measure any potential risk impacts to 3s Money.
- Contributing to or leading awareness-raising and training for the first and second line of defense staff, including formal classroom training, workshop sessions, or informal Q&A sessions.
- Undertaking special projects as needed or supporting the financial crime operations team on targeted risk issue remediation, taking ownership of specific tasks as delegated by the MLRO or senior management.
- Reviewing compliance onboarding practices and documentation, liaising with the business as required, and making recommendations for improvements.
- Reviewing and reporting suspicious activity, taking ownership of the SAR and client exit processes.
- Communicating compliance and risk management requirements to internal and external clients, addressing queries and concerns, and assisting with the delivery of staff training.
- Working closely with the MLRO to ensure that all local requirements pertaining to Compliance and Financial Crime are closely tracked for changes, maintaining awareness of regulatory and legal changes in the Financial Crime space, and providing timely updates.
- Acting as the point of contact for authorities in matters pertaining to Financial Crime in the absence of the MLRO.
Must-haves
You are an experienced professional working in fintech or traditional banking preferably with a thorough knowledge of the financial crime risks which arise from corporate, institutional, or small-medium sized entities. Experience in correspondent banking, trade or merchant banking is a plus.
You have a deep understanding of EU and UK regulations, industry standards and best practices. In addition:
- At least 5 years of relevant work experience / Financial Crime experience.
- Ability to escalate risks promptly and appropriately and/or failure of standards to be met, to management.
- Ability to analyse reports, identify failings and notify same together with recommendations for remediation.
- Strong communication skills, both written and spoken.
- Ability to multi-task and work to tight deadlines.
- High ethical standards with the ability to handle sensitive and confidential matters with absolute discretion.
- Ideally you will be educated to degree-level or have other relevant professional qualifications from an internationally recognised body (e.g., ICA, ACAMS) are advantageous.
- You are fluent in English; with any European language as an excellent benefit to the team.
- Knowledge of the UK and EU regulatory environment and key financial crime regimes, and emerging trends. Any specialism in EU, UK or US sanctions regimes is a plus.
About you, you
- Work independently with minimal guidance.
- Have an interest or passion for the financial crime space that motivates you to tackle every task with a can-do attitude. You are not a box ticker!
- Bring a wealth of relevant experience from other Fintechs or traditional banks but are willing to learn from colleagues.
- Are a fast thinker, resourceful, and deliver on time.
- Love organisation! Keeping record-keeping and decision-making tidy and up to date is key to this role.
- Can communicate efficiently in writing and verbally with other stakeholders, knowing when to adjust your tone or delivery to suit different stakeholder groups.
- Are strategic and analytically minded, always thinking one step ahead.
- Are a vocal and enthusiastic team player.
In return for your hard work:
💰 Competitive Salary + plus stock options (after 12 months) & benefits
💻 Hybrid working setup in our wonderful city-centre office
📚 We foster non-BAU projects in our team, we want you to explore new avenues and expand your expertise to benefit your professional pathway & our teams.
And much, much more….
Our commitment to you
We are an equal opportunities employer.
We make recruiting decisions based on your experience, skills and personality. Our passion and focus will always be to work with the best people. We’re creating services for everyone, so it’s imperative we work with everyone. Our diverse team has been the foundations to our success in building more efficient products, making better decisions and establishing an all-inclusive place to work. Applicants of all backgrounds are hugely encouraged to apply and discover the 3S way.
- Department
- Financial Crime & Compliance
- Locations
- London
- Remote status
- Hybrid Remote
- Employment type
- Full-time
![Picture of Robyn Lewin](https://images.teamtailor-cdn.com/images/s3/teamtailor-production/square_226-v4/image_uploads/a4c59118-43cf-4467-8f88-b20c854c583e/original.jpeg)
London
Deputy Money Laundering Reporting Officer (DMLRO UK)
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