My client is an International Bank, looking to hire a Deputy MLRO for their London office.

Role Overview

The Deputy MLRO will support the MLRO and Chief Compliance Officer in maintaining and enhancing the Bank’s compliance and financial crime control framework, with a particular focus on Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and sanctions compliance.

This role requires strong technical knowledge and the ability to engage with stakeholders across all levels of the business.

Key Responsibilities

• Operate under the SMCR Certification Regime with responsibilities aligned to financial crime compliance.
• Assist the MLRO in the effective design, implementation, and maintenance of the Bank’s financial crime and compliance frameworks.
• Support the management of AML, CTF, and Sanctions compliance programs across the Bank.
• Conduct reviews and investigations into unusual or suspicious activity and escalate findings as appropriate.
• Draft, review, and submit Suspicious Activity Reports (SARs) in a timely and accurate manner.
• Perform periodic enterprise-wide AML risk assessments and contribute to the preparation of the annual MLRO report.
• Oversee client due diligence processes, including onboarding, periodic KYC reviews, and ongoing monitoring.
• Provide subject matter expertise in relation to complex structures including corporate accounts, SPVs, and syndicated lending; apply Enhanced Due Diligence (EDD) measures where appropriate.
• Monitor and assess the impact of evolving UK sanctions regimes on the Bank’s business and client base.
• Act as Deputy to the MLRO, including attending relevant forums and decision-making committees in their absence.
• Assist in drafting, reviewing, and maintaining compliance and financial crime policies and procedures in line with UK regulatory expectations.
• Deliver AML and compliance training sessions and support wider staff awareness initiatives.
• Support the preparation and coordination of regulatory inspections, internal audits, and external reviews.
• Manage timely and accurate responses to regulatory enquiries and requests for information.
• Provide day-to-day advisory support to front office and support functions on financial crime and compliance matters.
• Contribute to regular and ad hoc management reporting relating to compliance and financial crime.

Undertake any other duties as directed by the Chief Compliance Officer and MLRO.

Key Skill and Competencies:

• Professional qualifications in Compliance or Financial Crime (e.g., ICA Advance certification, Diploma, ACAMS)
• Strong technical knowledge of UK AML, CTF, and sanctions regulations and best practices.
• Familiarity with corporate and complex structures such as SPVs and syndicated lending arrangements
• Proven experience in conducting financial crime investigations and drafting SARs
• Excellent communication, analytical, and report-writing skills

Ability to work independently

Required:

Previous Experience:

• Degree holder
• Minimum of 5 years’ experience in Compliance or Financial Crime roles within a regulated financial institution.