Moneycorp is seeking an AML Compliance Officer to join its 2nd Line of Defence team. You will manage UK anti-money laundering and sanctions compliance operations, ensuring adherence to regulations, advising the business on AML obligations, and supporting the MLRO.

What You'll Do

Support delivery of the strategic road map for financial crime topics across UK entities.
Review, update, develop, and implement AML and sanctions policies and procedures, advising the 1st LOD.
Act as a subject matter expert on AML and screening, providing technical advice and training to dealers and outsourced providers.
Ensure business compliance with all relevant legislation, rules, and regulations.
Deliver effective AML regulatory change impacts to improve controls and minimise risk.
Produce analytical management information and QA trends analysis for monthly governance committees.
Advise compliance colleagues on addressing outstanding issues and meeting objectives.
Manage information for internal and external audit, including regulatory stakeholder management.
Document, manage, and report suspicious activity to the NCA and HM Treasury, working with the MLRO and DMLRO.
Undertake escalations from 1LOD regarding client onboarding, CDD/EDD refreshes, PEPs, sanctions, and transaction monitoring.
Communicate with client-facing departments regarding NCA consent decisions and propose plan closures.
Undertake compliance advisory and monitoring, raising actions with department heads.
Assist in developing and carrying out business-wide risk assessments.
Assist in developing responses for regulatory relationships with law enforcement agencies.
Define, understand, and disseminate current and emerging AML and sanctions regulations.
Ensure AML and sanctions compliance programmes are fit for purpose with effective monitoring.
Work with the AML Manager to provide detail for governance and reporting between UK and Group.
Work with audit and monitoring teams to ensure a robust risk-based approach and timely remediation.
Help build a culture of compliance that encourages commitment to internal controls and high ethical standards.

What We're Looking For

A background in regulatory compliance.
Knowledge of banking, AML, and relevant regulations.
A commitment to keeping up to date with market and regulatory developments.
Experience in managing or overseeing AML, client onboarding due diligence, and financial crime reporting, utilising JMLSG guidance.
Experience working in a Compliance and AML environment with an understanding of AML and CTF regulatory requirements.
Knowledge of the UK payments and foreign exchange sector.
A proven track record acting in part as a compliance officer.

Technical Stack

Microsoft Office suite of applications

Team & Environment

You will be part of the 2nd Line of Defence team and report to the AML Manager, DMLRO & UK Head of Risk and Compliance.

Benefits & Compensation

Competitive salary
Private medical health insurance

Work Mode

This role offers a hybrid work model and is based at our Coventry location.

Moneycorp is proud to be an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to age, colour, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, political affiliation, status as an individual with a physical or mental disability status as an individual with a protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.