Deputy Money Laundering Reporting Officer

Vanquis Bank; Chatham; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading UK financial institution is seeking a Deputy Money Laundering Reporting Officer to support compliance efforts. You will provide guidance on AML issues, conduct risk assessments, and develop financial crime policies. The ideal candidate will have strong financial crime knowledge and relevant qualifications. The position offers a hybrid working model along with various benefits including bonuses and training opportunities.

Benefits

Bonuses

Holiday entitlement

Pension scheme

Training opportunities

Qualifications

• Strong understanding of Financial Crime and risk management.
• Experience in financial services management roles.
• Excellent stakeholder management and communication skills.

Responsibilities

• Provide guidance on AML/ATF/Sanctions/ABAC issues.
• Conduct research, risk assessments, and analytical support.
• Oversee fraud risk management and ensure compliance.

Skills

Financial Crime knowledge

Stakeholder management

Analytical skills

Communication skills

Understanding of FCA regulations

Education

ICA Advanced Certificate in Financial Crime

Job description

Deputy Money Laundering Reporting Officer

Location:

Bradford, London, Chatham, or Petersfield

Closing Date:

Tuesday 12 November 2024

Job Description:

We are seeking a Deputy Money Laundering Reporting Officer to support our compliance team. This role involves providing guidance on AML/ATF/Sanctions/ABAC issues, conducting research and risk assessments, overseeing fraud strategy, and supporting the development of financial crime policies. The successful candidate will report to the Chief Compliance Officer and support the business in mitigating regulatory risks.

Responsibilities include:

• Providing guidance on AML/ATF/Sanctions/ABAC issues.
• Conducting research, risk assessments, and analytical support.
• Overseeing fraud risk management and ensuring compliance with industry standards.
• Developing and maintaining financial crime policies and frameworks.
• Managing financial crime resources and investigations.
• Supporting staff training and annual reporting requirements.

Qualifications and Skills:

• Strong understanding of Financial Crime and risk management.
• Experience in financial services management roles.
• Excellent stakeholder management and communication skills.
• Numerate with strong analytical skills.
• Knowledge of FCA regulations.
• Relevant professional qualifications (ICA Advanced Certificate in Financial Crime or higher preferred).

Additional Information:

This role offers hybrid working, with occasional travel to other offices. Benefits include bonuses, holiday entitlement, pension scheme, and training opportunities. The application process involves multiple interviews, and background checks are required.

Why Join Us?

We are Vanquis Banking Group, a leading UK financial institution committed to responsible lending and supporting our colleagues with a supportive work environment and career development opportunities.