Deputy Money Laundering Reporting Officer

As our Deputy Money Laundering Reporting Officer (DMLRO), you will provide essential support to the Money Laundering Reporting Officer (MLRO) adding resilience to the function, making sure that our money laundering and terrorist financing reporting obligations are met.

Deputising for the MLRO when needed, you will act as a key point of contact within the team for POCA money laundering, terrorist financing, SARs, anti- bribery and corruption and sanctions related matters. You will ensure knowledge of relevant legislation and regulations are kept up to date and that colleagues understand their obligations to comply with money laundering and terrorist financing policies and procedures.

Using your excellent communication skills, you will support the delivery of mandatory training and internal briefings, giving advice and guidance as a subject matter expert. Also, liaising with a variety of internal and external stakeholders, as a representative of our organisation.

Using analytical and investigative skills you will lead on important quality assurance work, reviewing a sample of case files each month to check the diligence of investigations and assess whether any ML or TF concerns have been properly escalated. You will present your findings and any recommendations in detailed reports that will be shared with a range of colleagues across the business including Executive level.

You will work closely with our MLRO to make sure that any internal suspicious activity reports or other referrals are accurately recorded and assessed in a timely manner, whilst monitoring ongoing investigations with ML or TF indicators. You will submit SARs to the National Crime Agency (NCA) when necessary.

Working in a busy, small, but dedicated team, you will enjoy multitasking, have excellent organisational and communication skills and be able to build rapport easily with internal and external stakeholders.

To understand more about what this might look like for you on a day-to-day basis, there is a 'Day in the life' of a Deputy MLRO and a role profile attached at the bottom of the advert on our website.

What we can offer you

• A challenging and rewarding role working within a collaborative team, where your views are important


• Showcase your expertise and be a subject matter expert in Money Laundering, Terrorist Financing and Suspicious Activity Reporting


• Support and deputise for the MLRO to ensure compliance with our statutory reporting obligations


• Play your part in tackling financial crime and protecting the public., This is a hybrid role and the post-holder will work one to two days in either our Birmingham or Cardiff office with the rest of the week spent working at home.


Closing date for applications is Tuesday 07 May 2024 at 09:00.

Assessments are expected to take place remotely in the week of 22 May.

Interviews are expected to take place from 10 June.
The SRA is the independent regulator of solicitors and law firms in England and Wales, protecting consumers and supporting the rule of law and the administration of justice. We do this by overseeing all education and training requirements necessary to practise as a solicitor, licensing individuals and firms to practise, setting the standards of the profession and regulating and enforcing compliance against these standards.
We offer an inclusive, supportive and friendly working environment and the chance to develop your career within a professional organisation. We are committed to the health and wellbeing of staff, helping everyone to strike a good balance between personal and professional life.


• Knowledge or experience of working in a financial crime environment


• Broad knowledge of the statutory reporting obligations (Proceeds of Crime Act and Terrorism Act) and the SARs regime


• Excellent written and verbal communication skills to prepare detailed reports and confidently present to both small and larger groups


• Strong analytical and confident decision-making skills


• Credible stakeholder engagement skills at all levels


• Ability to prioritise and work flexibly to manage the demands of a dynamic fast-paced environment


• Demonstrable experience of working within the fields of investigation or intelligence - highly desirable
  
  Additionally, we provide a generous flexible benefits package, including gym membership with a tax only cost, an excellent defined contribution pension scheme and an additional 3% of annual basic salary upon successful completion of probation.