Money Laundering Reporting Officer - Gibraltar, United Kingdom - First Choice Recruitment

First Choice Recruitment

Verified Company

Gibraltar, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Our client, an International Financial Services Platform, is looking for a Money Laundering Reporting Officer to join their Gibraltar office.

Your responsibilities are:

As MLRO you will work alongside Compliance function and be responsible for overseeing regulatory and legal

requirements in relation to its business activities as a financial institution

Liaising with the Head of Compliance to develop and implement internal Compliance and control policy and

measures to ensure compliance in KYC, AML and CFT

You will have the responsibility to report to the relevant regulator/ supervisory authority and will be expected to

carry out this function in accordance with, in particular, Gibraltar Financial Services Commission (GFSC)

It will also involve liaison with regulators and law enforcement where relevant, such as, GFSC
Reviewing and filing Suspicious Activity Reports (SARs) to the Gibraltar Financial Intelligence Unit (GFIU)
Review the Financial Crime Policy at least annually and get the amendments approved from the Board
Identify, investigate, and resolve breaches and inform the Board and relevant authority of any the same
Providing oversight for the company's antimoney laundering systems
Deal with any issues relating to transaction monitoring, filtering and sanctions
Undertaking reasonable steps to establish and maintain adequate arrangements for antifinancial crime awareness
Training and increasing awareness in the staff members about the AML Policy and best practices.

Requirements for the role:

A cooperative and motivated team player who can build effective working relationships with stakeholders,

colleagues and senior executives

Experience in a midmanagement/senior position in AML in financial services sector with minimum 5 year's

experience

Proven ability to document and implement policy and effective processes in KYC/AML/CFT
Bachelors degree level or equivalent experience in relevant discipline such as Finance/ Accounting, etc.
Proven professional training and experience in KYC/AML/CFT
Ability to be articulate in writing or verbally and engage with the senior management and Board members

Are you interested? Send us your CV or visit our office for a chat.