Mlro - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Responsibilities of the MLRO include:

Report to the Board, Compliance Director, including an annual MLRO report to the Board
Design, develop and implement a financial crime strategy across the business Manage and lead the financial crime onboarding team
Chair and run the Financial Crime Committee as well as delivering monthly management information report which summarises any issues, control weaknesses and plans for resolution
As the MLRO, ensure all financial crime obligations are met
Implement and design a periodic review process for high risk clients to be conducted annually
Oversee and implement a financial crime framework that includes fraud, ABC controls, tax evasion and CTF controls
Ensure appropriate policies and procedures and risk documents in relation to financial crime are established and implemented across the business
Liaise with audit and compliance monitoring as appropriate and ensure any control gaps are successfully resolved and mitigated
Deliver quarterly AML and financial crime MI to the Board and also annually through the annual MLRO report, and to the FCA as required
Oversee and manage the AML screening controls for sanctions, PEPs and adverse media
Investigate, review and approve all PEP related relationships including high risk PEPs, corporates owned or controlled by PEPs and State Owned Entities
Provide AML and financial crime compliance advice to the business and management
MLRO to manage the firms financial crime systems and controls to identify, assess, monitor and manage money laundering risk
Investigate SAR transactions flagged as suspicious and submit to NCA and ensure trend analysis is conducted and shared with the Board
MLRO is required to ensure all employees complete their regulatory training annually including financial crime

With over a 100 years of history in London, the firm is a leader in the futures industry providing clearing and brokerage services into all major investment markets.

Headquartered in London, they are supported by a network of sister companies around theglobe.

They clear over 180 million derivatives contracts a year on behalf of banks, institutional investors, corporates, trade clients, and high net worth individuals.