Job Description

Our client a leading Wealth Management firm are recruiting for a Deputy MLRO - Wealth Management to join their growing Compliance and Financial Crime team. The role will work closely with the MLRO (SMF17) and key stakeholders within the firm to strengthen and develop the financial crime compliance framework, while also maintaining and monitoring key risk controls.

• The DMLRO will be responsible for acting as MLRO when they are absent
• As a key member of the Financial Crime Team, the DMLRO supports the MLRO in driving strategic change within the processes and controls environment.
• The DMLRO must stay up to date on laws, regulations, and industry guidance to ensure compliance and to proactively anticipate and assess the impact of future changes, implementing updated controls, policies, and processes as needed.

Excellent opportunity for developmentGrowing wealth management firm
The Deputy MLRO - Wealth Management should have the following skills:

• A comprehensive understanding of regulation and legislation concerning fraud, anti-money laundering, and anti-bribery and corruption, alongside the Joint Money Laundering Steering Group ("JMLSG") guidance notes.
• A strong understanding of the financial crime risks specific to Wealth Management and Financial Planning as well as a thorough grasp of Sanctions and Politically Exposed Person (PEP) requirements.
• Experience with and a strong understanding of UK criminal law as it applies to Financial Crime.
• Knowledge of FCA rules, guidance, and practices, particularly Senior Management Arrangements, Systems & Controls (SYSC).

Our client are a leading UK Wealth Management firm headquartered in the City of London
Salary of 70,000 -85,000
Hybrid working 3 days per week in the office.

Skills Required