Purpose of the role:
Our client is looking for an experienced MLRO to represent the MLRO function on their Private Wealth Board.
Responsibilities:
- Evaluate ISARs, make decisions regarding the onward reporting of ML/TF matters to the JFCU, implement ongoing monitoring of such matters and attend to related record keeping requirements
- Manage, support and monitor the performance of each Deputy MLRO, ensuring that SARs are handled in an appropriate and consistent manner
- Maintain a record of requests for information from law enforcement authorities relating to ISARs and SARs
- Act as a role model to implement a culture which supports the Values and ensure engagement of all staff to deliver excellent client service, operational effectiveness and efficiencies
- Actively participate in, lead and manage all aspects and activities relating to the development within the function
- Proactively participate in the promotion of a constructive "pro-compliance and risk" culture at both local and Group level
Skills required:
- Good knowledge and experience of offshore financial services and underlying product and service rationales, technologies and regulatory environments
- Membership of relevant Financial Institute
- Evidence of Continued Professional Development
- Extensive experience within the offshore finance Industry