Deputy Money Laundering Reporting Officer Full Time

We are seeking a qualified and experienced DMLRO and Compliance Officer to join our dynamic team at Altery. This pivotal role combines critical compliance functions, ensuring the organisation remains aligned with anti-money laundering (AML) regulations and robustly manages financial crime risks.

Responsibilities

The successful candidate will play a vital role in supporting the Money Laundering Reporting Officer (MLRO) in discharging their duties and responsibilities, including:

• Ensuring compliance with applicable Anti-Financial Crime regulations and guidances.
• Conducting thorough compliance risk assessments to identify potential risks and ensure that the AFC programme meets regulatory and company standards. Monitoring and evaluating processes and procedures to align with the company’s risk management framework.
• Utilising data to assess the effectiveness of controls and facilitating ongoing testing implementation.

What you’ll be doing

• Support to the MLRO:

• • • Assist in developing and maintaining AFC policies, procedures, and controls.
    • Provide oversight on AFC compliance matters, including periodic reviews and audits.
    • Ensure timely submission of regulatory reports and responses.
  • Reporting Obligations:
  • Supporting the organisation in engagement with regulators and authorities, including the FCA and NCA.
  • Submit Suspicious Activity Reports (SARs) to the National Crime Agency (NCA) when there is suspicion of money laundering or terrorist financing.
  • Cooperation with Authorities:
  • Collaborate with law enforcement and regulatory authorities in AML investigations and provide requested information.
  • Reporting Structure:
  • Establish a clear reporting structure within the organisation to ensure that suspicious activities are reported to the nominated officer promptly.
  • Risk Assessment:
  • Participate in assessing the risk of financial crime within the organisation and contribute to the development and implementation of AML policies and procedures.
  • Governance:
  • Draft key internal reports, such as the Management Information for Group Financial Crime Committee and Business-Wide Risk Assessment, as well as regular management meeting packs.
  • Training and Awareness:
  • Contribute to the development and delivery of training materials and oversight of business-wide training completion.
  • Communication:
  • Collaborate with other departments and stakeholders to facilitate communication and cooperation in matters related to AFC compliance.
  • Stay Informed:
  • Keep abreast of changes in AML laws and regulations to ensure the organisation remains compliant with the latest requirements.

What you’ll bring to us

• Previous Experience:
• Proven experience in a similar role, ideally as a DMLRO, Compliance Officer, or a related compliance position within financial services or fintech.
• Risk Assessment:
• Proven experience in compliance-related risk assessment such as Business-Wide Risk Assessment and Enterprise-Wide Risk Assessment.
• Control Testing:
• Strong experience in control testing projects or quality assurance controls.
• FCA Reporting:
• Familiarity with Financial Conduct Authority (FCA) reporting requirements, ensuring timely and accurate submissions in line with regulatory expectations.

What we offer

Team and our Product: We are team players, and we are passionate about our product and understand what we aim to achieve and the impact it will make

Growth Opportunities: You can influence and shape our story while advancing your career

Flexibility: We always listen to our people and can be flexible with arrangements

Hybrid Working: We don’t expect you to be in the office every day

Local Market Perks: Enjoy insurance coverage, local perks, and beautiful offices

Why join us

We may not be perfect, but our strength lies in our resilience. Facing challenges with our expertise, positive attitude, and a supportive environment where everyone relies on one another gives us confidence in what we do. We empower our people to make decisions, explore, and experiment — micromanagement isn’t our style. We reward those who take on additional responsibilities and go the extra mile.

We are proud of how diverse and unique we are. We thrive on diverse views, love learning from one another, and believe that our differences fuel our curiosity.