Deputy Money Laundering Reporting Officer

Capital.com; Greater London; On-site; GBP 110,000 - 180,000; Full time

Benefits offered by this job

Competitive salary and benefits

Work-life harmony

Generous annual leave

Pension & health benefits

Remote work options

Volunteering days

Career development

Job summary

Capital.com is seeking a seasoned MLRO/Head of Financial Crime to lead UK AML/CTF compliance, regulatory engagement and SAR decisioning. You will own deputisation, sanctions screening and the MLRO reporting framework, ensuring robust controls and board-level visibility.

You will oversee a UK Financial Crime team, mentor analysts, and coordinate with Risk Committees to address evolving regulatory expectations, while maintaining timely, accurate MI.

Qualifications

• Deep working knowledge of UK AML and CTF regulation (MLR 2017, POCA 2002, TA 2000, FCA SYSC 6.3, JMLSG)
• Strong report writing and communication to the Board

Responsibilities

• Act as alternate nominated officer for SARs and DAML requests
• Attend committees in the MLRO's absence
• Maintain complete audit trail of deputised decisions
• Maintain deputisation readiness for short-notice coverage
• Oversee escalations from transaction monitoring and name screening
• Prepare OFSI reports for MLRO sign-off
• Maintain BWRA and risk assessments
• Escalate gaps to MLRO and lead root cause analysis
• Prepare financial crime MI for senior management
• Support FCA information requests and supervisory visits
• Track FCA Handbook updates and OFSI/HMT notices
• Line manage UK Financial Crime team
• Escalation point for complex cases
• Build knowledge to step up to SMF1

Skills

UK AML/CTF knowledge

Board level communication

Regulatory reporting

People leadership

SAR decisioning experience

Regulatory liaison

Education

ICA/ACAMS AML certificate

Job description

We are a leading trading platform that is ambitiously expanding to the four corners of the globe. Our top-rated products have won prestigious industry awards for their cutting-edge technology and seamless client experience. We deliver only the best, so we are always in search of the best people to join our ever-growing talented team.

Responsibilities

• Act as alternate nominated officer, deciding on SARs and DAML requests when the MLRO is unavailable, under documented delegated authority.
• Attend the Audit, Risk and Compliance Committee and the Group Financial Crime Committee in the MLRO's absence.
• Maintain a complete, contemporaneous audit trail of all decisions taken under deputised authority, distinct from decisions taken by the MLRO.
• Maintain deputisation readiness: current knowledge of the MLRO's live case load, open regulator correspondence and outstanding remediation, so cover can be provided at short notice.

Suspicious Activity Reporting and Sanctions

• Oversee escalations from transaction monitoring and name screening (PEP, sanctions, adverse media), setting investigation quality and disposition standards.
• Oversee sanctions screening escalations and prepare OFSI reports for MLRO sign off.

Financial Crime Framework

• Maintain the Business Wide Risk Assessment (BWRA), proliferation financing risk assessment, AML, CTF and CPF policies and the customer risk assessment methodology, and propose changes to the MLRO for approval.
• Escalate material gaps or emerging typologies to the MLRO.
• Lead root cause analysis on control failures or thematic issues and track remediation actions to closure.

Regulatory Reporting and Regulator Engagement

• Prepare financial crime MI for senior management and governance committees, and draft sections of the annual MLRO Report.
• Support responses to FCA information requests and assist with skilled person reviews (s.166 FSMA 2000) or supervisory visits as directed by the MLRO.
• Track the AML control framework against FCA Handbook updates, JMLSG guidance revisions and OFSI and HMT sanctions notices.

Team Leadership and Succession

• Line manage members of the UK Financial Crime team, setting quality standards, coaching and development plans.
• Act as the escalation point for complex or ambiguous cases referred by Level 1 and Level 2 analysts and more junior members of the UK Financial Crime team.
• Build the knowledge and judgement needed to step up to SMF1

Requirements

• Deep working knowledge of UK AML and CTF regulation: MLR 2017, POCA 2002, TA 2000, FCA SYSC 6.3 and JMLSG Guidance.
• Sound judgement under pressure. Comfortable taking disposition decisions on live SARs without the MLRO present.
• Strong report writing and Board level communication skills.
• People leadership experience, or clearly demonstrated readiness to lead a team.
• Ability to manage regulator facing deliverables to deadline.
• 5+ years in AML and financial crime compliance within a regulated firm (CFD or brokerage, banking, payments or crypto), or equivalent regulatory exposure, including direct SAR investigation and disposition experience.
• Prior deputy or MLRO experience is preferred but not required.
• Experience preparing MI for Boards or Risk Committees.
• Familiarity with CFDs, spread betting and margin trading behaviours.
• Awareness of how FCA Consumer Duty intersects with financial crime risk (for example, vulnerable customer considerations in AML decisioning).

Nice to Have

• ICA Diploma or Advanced Certificate in AML, ACAMS or equivalent.
• Direct exposure to FCA supervisory engagement
• Existing line management experience.

What you will get in return:

• Competitive Salary: We believe great work deserves great pay! Your skills and talents will be rewarded with a salary that makes you feel valued and motivated
• Work-Life Harmony: Join a company that genuinely cares about you - because your life outside of work matters just as much as your time on the clock
• Generous Time Off: Need a breather? Our annual leave policy lets you recharge and enjoy life outside of work without a worry
• Employee Referral Program: Love working here? Share the love! Bring your talented friends on board and get rewarded for growing our awesome team
• Comprehensive Health & Pension Benefits: From medical insurance to pension plans, we’ve got your back. Plus, location-specific benefits and perks!
• Workation Wonderland: Live your digital nomad dreams with 30 extra days to work remotely from anywhere in the world (some restrictions apply). Adventure awaits!
• Volunteer Days: Make a difference! Take two additional paid days each year to support causes you care about and give back to the community

Be a key player at the forefront of the digital assets movement, propelling your career to new heights! Join a dynamic and rapidly expanding company that values and rewards talent, initiative, and creativity. Work alongside one of the most brilliant teams in the industry.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.