Money Laundering Reporting Officer (MLRO)
Remote: Ireland
About Revolut
People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 50+ million customers get more from their money every day.
As we continue our lightning-fast growth, two things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work. So far, we have 10,000+ people working around the world, from our offices and remotely, to help us achieve our mission.
About the role
Compliance is a key department at Revolut, ensuring its products and processes meet regulatory requirements and translate this into great customer outcomes. We’re looking for a Money Laundering Reporting Officer to ensure that Revolut's financial crime control framework is effective and keeps customers safe.
A professional excited to design, lead, and shape the future of compliance and fighting financial crime. A sharp mind who can quickly identify risk and maintain our systems and controls, while being vigilant for emerging risks and regulations. Be warned, this is a very hands-on role.
What you’ll be doing
* Acting as the Money Laundering Reporting Officer (‘MLRO’) that supports and manages the FinCrime function within Revolut’s Ireland branch.
* Monitoring compliance on a regular basis and at special times, according to Irish AML legislation.
* Reporting on the progress to the local/regional branch management of Revolut Ireland.
* Defining, developing, managing, refining, and documenting the Financial Crime and AML Programme to manage all sources of regulatory risk and provide reporting which meets the needs of the regulator, local and Group management.
* Working closely with the Group FinCrime function and other senior managers across the business to identify, assess, update, and mitigate the regulatory compliance risks posed to Revolut.
* Determining identification and verification standards for customer onboarding and AML compliance.
* Managing the suspicious activity reporting process, internally and externally.
* Communicating with all relevant staff to ensure they understand their responsibilities and are trained in Revolut policies and procedures to identify financial crime.
* Receiving and promptly responding to enquiries from law enforcement agencies.
* Continuously developing, enhancing and embedding the financial crime and AML risk framework for managing key regulatory risks across the firm.
* Serving as a liaison to the local authorities, managing filings to the local Financial Investigation Unit (‘FIU’).
* Supporting the business regarding the launch of products to ensure regulatory requirements are met.
* Working cross-functionally across multiple teams to ensure execution against regulatory requirements and internal policies.
* Collaborating with internal Compliance teams to identify clear steps necessary to mitigate regulatory risks.
* Partnering with Product Owners to educate and drive the appropriate execution of compliance requirements.
What you'll need
* A bachelor’s degree, with a relevant Master’s Degree preferred or a professional qualification from an internationally recognised body (e.g. ICA, ACAMS).
* 5+ years of experience in an MLRO or equivalent role.
* Team management skills, including the ability to oversee compliance and control activities within a global payment processing environment.
* Knowledge and experience of best practice in financial services regulation, fraud detection methodologies, and emerging practices in financial crime and money laundering typologies.
* Good communication skills with the ability to motivate others.
* Ability to exercise oversight, knowledge, and understanding of financial crime and AML policies, procedures and control arrangements in a complex financial operation.
* Problem-solving and decision-making skills, with the ability to analyse complex information to identify key issues and drive resolution.
* Deep knowledge of the Irish and EU regulatory environment and key financial crime regimes.
* Understanding of payment systems and markets with a focus on technology and mobile applications.
* Fluency in English.
Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow every day. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers.
Get what you need to succeed
* Financial benefits that show we value your work.
* Flexibility to work from home, the office, or abroad.
* A free Revolut Metal subscription loaded with perks.
* Exciting events year-round so you can get to know your team.
#J-18808-Ljbffr