Deputy Money Laundering Reporting Officer
Revolut, Ireland
Experience
1 Year
Salary
0 - 0
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
No
Qualification
As mentioned in job details
Total Vacancies
1 Job
Posted on
Oct 25, 2021
Last Date
Nov 25, 2021
Location(s)
Job Description
Revolut is seeking an intelligent, dynamic, innovative and driven DMLRO in Ireland. This person will be responsible for maintaining compliance with the relevant anti money laundering rules and ensuring the effectiveness of the systems and controls in our Financial Crime Compliance team. This position is critical to support the growth of Revolut’s business and will be the focal point for all activity within Revolut relating to anti-money laundering. This role will require the development and maintenance of Revolut’s compliance strategies and relevant policies, and ensure their rigorous implementation across all functions within the business, while guaranteeing sustained regulatory compliance. The DMLRO will have the level of authority, independence and support to properly carry out his or her responsibilities in connection with our Compliance Program, including Anti-Money Laundering (AML) and Payment Services Directives
.At Revolut we are committed to the highest standards of control, governance and independent oversight. We are searching for someone with extensive experience in the financial industry and proven experience in a compliance function that is excited to design, lead and shape the future of oversight and compliance. This role will drive implementation of compliance control as highlighted in the AML and Compliance Risk Assessments and include a broad set of cross-functional responsibilities to ensure that all personnel are properly trained, processes are scalable, and metrics are accurately reported.You will be expected to identify money laundering risk and maintain our systems and controls, considering a range of factors, including our:
customer, product and activity profilesdistribution channelscomplexity and volume of our transactionsprocesses and systems; and operating environment
WHAT YOU'LL BE DOING The DMLRO will also provide support to the business for the launch of products to ensure regulatory requirements are met by overseeing the Financial Crime Compliance Team providing guidance, as appropriate.
You'll be the second in command to the MLRO for Ireland/Western Europe, responsible in the future for leading projects.Maintenance of our risk management policies and risk profile in relation to money laundering, including the application of those policiesSupervision of our appropriate measures to ensure that money laundering risks are taken into account in our day-to-day operation, including in relation to the development of new products; the taking-on of new customers; and changes in our business profileBuilding, and taking accountability for, the AML/CTF risk management program and the undertaking of regular AML/CTF risk assessmentsProactively identifying situations that may pose significant compliance risk and guides management in the development/reviewing/updating of relevant policies, procedures and business practicesDriving a compliance review and analysis of new regulatory developments and maintaining oversight of developments impacting business activitiesParticipating and collaborating in compliance advisory and integration projects as well as conduct compliance assessment and define requirements as needed for the approval of business projects and initiatives such as new product development and changes to existing productsPreparing reports to senior management, the Board and escalating any key or high risk compliance issues within our existing governance structureWorking cross-functionally across multiple teams to ensure execution against regulatory requirements and internal policiesCollaborating with internal Compliance teams (such as Financial Crime, Compliance Operations, Risk amp; Controls) to identify clear steps necessary to mitigate those regulatory risks and provide those recommendations in the form of clear business requirementsPartnering with Product Owners to educate and drive the appropriate execution of compliance requirementsThis role is critical to the overall execution of our Compliance Program. You will need to work closely with Revolut’s Global Financial Crime team and partner with Legal to implement Program changes to comply with the changing regulatory environment and advise change management processes and control requirements.
Requirements:<
.At Revolut we are committed to the highest standards of control, governance and independent oversight. We are searching for someone with extensive experience in the financial industry and proven experience in a compliance function that is excited to design, lead and shape the future of oversight and compliance. This role will drive implementation of compliance control as highlighted in the AML and Compliance Risk Assessments and include a broad set of cross-functional responsibilities to ensure that all personnel are properly trained, processes are scalable, and metrics are accurately reported.You will be expected to identify money laundering risk and maintain our systems and controls, considering a range of factors, including our:
customer, product and activity profilesdistribution channelscomplexity and volume of our transactionsprocesses and systems; and operating environment
WHAT YOU'LL BE DOING The DMLRO will also provide support to the business for the launch of products to ensure regulatory requirements are met by overseeing the Financial Crime Compliance Team providing guidance, as appropriate.
You'll be the second in command to the MLRO for Ireland/Western Europe, responsible in the future for leading projects.Maintenance of our risk management policies and risk profile in relation to money laundering, including the application of those policiesSupervision of our appropriate measures to ensure that money laundering risks are taken into account in our day-to-day operation, including in relation to the development of new products; the taking-on of new customers; and changes in our business profileBuilding, and taking accountability for, the AML/CTF risk management program and the undertaking of regular AML/CTF risk assessmentsProactively identifying situations that may pose significant compliance risk and guides management in the development/reviewing/updating of relevant policies, procedures and business practicesDriving a compliance review and analysis of new regulatory developments and maintaining oversight of developments impacting business activitiesParticipating and collaborating in compliance advisory and integration projects as well as conduct compliance assessment and define requirements as needed for the approval of business projects and initiatives such as new product development and changes to existing productsPreparing reports to senior management, the Board and escalating any key or high risk compliance issues within our existing governance structureWorking cross-functionally across multiple teams to ensure execution against regulatory requirements and internal policiesCollaborating with internal Compliance teams (such as Financial Crime, Compliance Operations, Risk amp; Controls) to identify clear steps necessary to mitigate those regulatory risks and provide those recommendations in the form of clear business requirementsPartnering with Product Owners to educate and drive the appropriate execution of compliance requirementsThis role is critical to the overall execution of our Compliance Program. You will need to work closely with Revolut’s Global Financial Crime team and partner with Legal to implement Program changes to comply with the changing regulatory environment and advise change management processes and control requirements.
Requirements:<
Job Specification
Job Rewards and Benefits
More Jobs like this Job
Revolut
Information Technology and Services - London, United Kingdom
© Copyright 2004-2024 Mustakbil.com Ireland's No 1 Jobs Site, All Right Reserved.