Deputy Money Laundering Reporting Officer

Our client is seeking a Deputy Money Laundering Reporting Officer (DMLRO) to provide specialised support to the Money Laundering Reporting Officer (MLRO) in the execution of essential frameworks, minimum standards, and processes required for compliant business operations. This role is crucial in preventing operational losses, fines, penalties, or reputational damage to the organisation, thereby reinforcing its competitive advantage. The DMLRO may also deputise for the MLRO, representing the organisation with key stakeholders such as the Financial Services Authority. The successful candidate will be responsible for supporting the effective fulfilment of obligations under the Proceeds of Crime Act 2008 and the Anti-Money Laundering and Countering the Financing of Terrorism Code 2019, alongside related AML/CFT legislation and guidance. This position is not open to relocation or sponsorship and is only available for residents of the Isle of Man. The role presents an opportunity for individuals with a strong background in anti-fraud and compliance to further their career in a dynamic environment.

Job Duties:

• Provide specialist support to the MLRO in designing and maintaining effective AML/CFT frameworks, standards, and processes.
• Ensure compliant business operations to protect the organisation from operational losses, regulatory sanctions, fines, and reputational damage.
• Support the effective discharge of statutory obligations under the Proceeds of Crime Act 2008, the AML/CFT Code 2019, and related legislation and guidance.
• Act as an alternate to the MLRO and assume full MLRO responsibilities when required.
• Deputise for the MLRO in representing the organisation with the Financial Services Authority and other relevant stakeholders.

Job Requirements:

• Minimum qualification of a First Degree in Business Commerce and a First Degree in Legal.
• Postgraduate Degree in Business Commerce or Law is preferred.
• A minimum of 5-7 years of experience in the Isle of Man, specifically in the fields of Anti-Fraud, Anti-Bribery, Market Abuse, Money Laundering, and Combatting Financing of Terrorism.
• Proven expertise in analytics and investigation processes.

What You’ll Love:

​​​​​​​This role offers the chance to play a key part in maintaining and enhancing the jurisdiction’s reputation. You will work in a collaborative environment with opportunities to develop your skills in regulatory oversight, policy creation, and risk-based supervision. The organisation values professional growth and offers ample opportunities for training and career development.

Interested? Register today, confidentially, with one of our friendly and dedicated recruitment specialists by clicking here