Our client is seeking a dedicated and experienced Money Laundering Reporting Officer (MLRO) to play a pivotal role in safeguarding the integrity of financial transactions within their organisation. This full-time position based in Guernsey is crucial for developing and implementing robust financial crime risk management strategies. As the MLRO, you will provide essential expertise on compliance matters and work closely with senior management to ensure that regulatory requirements are met and that our client maintains a proactive approach to combating financial crime. Your analytical skills and attention to detail will be instrumental in assessing risks, advising on policies, and fostering a culture of compliance across all business units.
Job Duties:
- Act as the primary MLRO, overseeing the compliance and management of financial crime risks across all business operations.
- Collaborate with the Head of Compliance and Money Laundering Compliance Officer to provide effective oversight and guidance on compliance issues.
- Monitor external compliance developments and advise senior management accordingly to ensure adherence to regulatory changes.
- Design and implement financial crime frameworks aligned with local legal and regulatory requirements.
- Liaise with law enforcement and authorities regarding inquiries into potential criminal activity.
- Conduct financial crime investigations and oversee customer due diligence processes.
- Develop, implement, and manage systems to screen customers, business partners, and suppliers.
- Evaluate anti-bribery, corruption, sanctions, and money laundering risks to ensure compliance with the organisation's risk appetite.
- Produce reports for relevant forums, including Board reports and compliance assessments.
Job Requirements:
- Previous regulatory approval as an MLRO is essential.
- Formal qualification in Compliance and/or Financial Crime is required.
- Strong understanding of financial crime and its regulation across the finance and insurance sectors.
- Experienced in a 2nd line of defence financial crime role within a regulated environment.
- Good knowledge of compliance, regulatory, and legislative requirements from Guernsey, UK, EU, and Singapore perspectives.
- Technical proficiency in Microsoft Office, particularly Excel, Word, and PowerPoint, along with experience in compliance systems.
- Excellent communication and problem-solving skills with a focus on stakeholder management.
What You'll Love:
Joining our client means being a part of a dynamic team dedicated to excellence in compliance and financial integrity. You will work in an environment that values continuous improvement and professional development. Our client fosters a culture of collaboration and transparency, ensuring that all team members contribute to effective compliance practices while supporting one another’s growth. If you are passionate about making a significant impact in the financial crime prevention space, this role offers the chance to influence strategic decisions and shape organisational practices.
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