Deputy MLRO

About this role

Permanent Role - Fixed Term Contract of 12 months with contract renewal based on performance

Our Client is an international bank, is looking to hire a Deputy MLRO for their London Office - further details below:

Role Overview

The Deputy MLRO will support the MLRO and Chief Compliance Officer in maintaining and enhancing the Bank’s compliance and financial crime control framework, with a particular focus on Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and sanctions compliance.

This role requires strong technical knowledge and the ability to engage with stakeholders across all levels of the business.

Key Responsibilities

• Operate under the SMCR Certification Regime with responsibilities aligned to financial crime compliance.
• Assist the MLRO in the effective design, implementation, and maintenance of the Bank’s financial crime and compliance frameworks.
• Support the management of AML, CTF, and Sanctions compliance programs across the Bank.
• Conduct reviews and investigations into unusual or suspicious activity and escalate findings as appropriate.
• Draft, review, and submit Suspicious Activity Reports (SARs) in a timely and accurate manner.
• Perform periodic enterprise-wide AML risk assessments and contribute to the preparation of the annual MLRO report.
• Oversee client due diligence processes, including onboarding, periodic KYC reviews, and ongoing monitoring.
• Provide subject matter expertise in relation to complex structures including corporate accounts, SPVs, and syndicated lending; apply Enhanced Due Diligence (EDD) measures where appropriate.
• Monitor and assess the impact of evolving UK sanctions regimes on the Bank’s business and client base.
• Act as Deputy to the MLRO, including attending relevant forums and decision-making committees in their absence.
• Assist in drafting, reviewing, and maintaining compliance and financial crime policies and procedures in line with UK regulatory expectations.
• Deliver AML and compliance training sessions and support wider staff awareness initiatives.
• Support the preparation and coordination of regulatory inspections, internal audits, and external reviews.
• Manage timely and accurate responses to regulatory enquiries and requests for information.
• Provide day-to-day advisory support to front office and support functions on financial crime and compliance matters.
• Contribute to regular and ad hoc management reporting relating to compliance and financial crime.
• Undertake any other duties as directed by the Chief Compliance Officer and MLRO

Key Skill and Competencies

• Professional qualifications in Compliance or Financial Crime (e.g., ICA Advance certification, Diploma, ACAMS)
• Strong technical knowledge of UK AML, CTF, and sanctions regulations and best practices.
• Familiarity with corporate and complex structures such as SPVs and syndicated lending arrangements
• Proven experience in conducting financial crime investigations and drafting SARs
• Excellent communication, analytical, and report-writing skills
• Ability to work independently

Required

Previous Experience

• Degree holder
• Minimum of 5 years’ experience in Compliance or Financial Crime roles within a regulated financial institution.

For further information, please contact

Enrico Castagnetti, Wintermann Search & Selection Limited

Mobile: +44 (0)7711 267500

Email: enrico@wintermann.co.uk

Unfortunately, due to the high volume of applications, we are unable to respond to all candidates. If you are successful, a member of the team will contact you directly. If you do not hear from us, please assume that your application has been unsuccessful.

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