Deputy Money Laundering Reporting Officer (DMLRO)

This is a great opportunity to work for a UK wealth management firm, supporting the MLRO in maintaining and enhancing the firm’s financial crime framework, systems, and controls, while acting as deputy in the MLRO’s absence.

Key Responsibilities
  • Support the MLRO in maintaining and enhancing the firm’s financial crime framework, systems, and controls, acting as deputy in their absence.
  • Lead and support financial crime risk assessments, governance reporting, and preparation of senior management and regulatory submissions.
  • Provide expert advice to the business on financial crime matters, including AML, sanctions, PEPs, and fraud-related queries.
  • Oversee and support due diligence activity, including EDD reviews and approval of higher-risk client relationships.
  • Assist with financial crime investigations, compliance monitoring, training delivery, and regulatory horizon scanning.
Skills & Knowledge
  • Strong understanding of UK financial crime regulation and legislation, including AML, fraud, sanctions, PEPs, bribery and corruption, JMLSG guidance, and FCA rules (including SYSC).
  • Experience working within a UK wealth management or investment management environment, with a clear understanding of the associated financial crime risks.
  • Working knowledge of UK criminal law as it applies to financial crime and regulatory expectations.
  • Proven ability to assess financial crime risks and maintain effective systems, controls, policies, and procedures.
  • Strong stakeholder management skills with the ability to provide clear, pragmatic advice to senior management and business teams.