Money Laundering Reporting Officer (MLRO) & RC

Key Accountabilities

• Act as the primary point of contact with regulators and law enforcement on financial crime reporting matters
• Act as the primary point of contact for the business. Providing authoritative, practical and informative risk stewardship in formal governance settings and by providing advice on BAU ad hoc queries.
• Undertake investigations of suspicious activity and transactions and making STOR, SAR and other relevant reporting in accordance with legal and regulatory obligations
• Ensure local implementation of ZEDRA’s Group Financial Crime Policy and supporting standards, including through training delivery and oversight of operational process, procedures and outcomes
• Oversee the financial crime risks of the business in line with ZEDRA’s risk appetite and regulatory expectations;
• Where MLRO is required to approve or reject client relationship provide strong, independent decision making, exercising a right of veto where necessary to ensure the business meets ZEDRA Boards’ stated risk appetite and Group Policy standards.
• Oversee the effectiveness of customer due diligence, screening, and monitoring arrangements for people, places, assets and transactions.
• Requiring the business to present orderly records which evidence its compliance with financial crime regulation and ZEDRA policy
• Provide strong, independent, informative and risk-based decision making and risk stewardship which enables the business to act with confidence knowing it is operating within the firms’ appetite for risk, and meeting is policy and regulatory obligations.
• Timely escalation of material risks, incidents, or control failures to the Local Head of GRC
• Where you identify gaps in the control framework, agree the required actions to effectively address the findings and be available to provide risk stewardship the business as it undertakes remediation.
• Approve, or reject closure of business actions based on whether they have evidenced lasting and effective remedy of remediation findings
• Responsible and accountable for ensuring that all staff receive training to meet the firms’ financial crime obligations, and evidence our people have sufficient awareness and understanding of financial crime and sanctions to be successful in their roles

Knowledge & Experience

• The successful candidate will be able to demonstrate working effectively with Senior Management teams and within board and committee meetings, providing insightful reporting, informative risk stewardship and strong, independent decision making
• A proven track record of overseeing financial crime and sanctions risks, and fulfilling regulatory and legal obligations in the prevention, identification, management and reporting these, will be advantageous to candidates
• Detailed technical knowledge of Anti Money Laundering / Countering the Financing of Terrorism requirements
• Sanctions screening
• Transaction Monitoring
• Anti-Bribery and Corruption
• Reporting – STOR / SAR / Sanctions / Other Financial crime
• Relevant codes, best practice and regulatory guidance.
• A recognised professional qualification and up to date ongoing CPD will be advantageous to candidates.

For more information or to request a copy of the full job description, please email [email protected]

Agency Notice

We kindly ask that recruitment agencies do not submit unsolicited CVs or candidate profiles to our hiring managers or recruitment team. Any CVs received without a prior agreement will be deemed unsolicited, and we will not be liable for any fees, commissions, or terms associated with such submissions. All agency correspondence, enquiries, or proposals should be directed to [email protected]

Apply Now