Job Title: HEAD OF COMPLIANCE & MONEY LAUNDERING Reporting OFFICER (MLRO)
Location: London
Salary: £90K to £100K + benefits
About the role
The Head of Compliance and Money Laundering Reporting Officer’s fundamental accountability within this leading UK casino operator is to ensure the casino's full compliance with all regulatory, legal, and industry requirements and is empowered to provide regulatory reporting and advice, manage relationships with regulators, and identify areas for regulatory improvement.
The role oversees the compliance framework, internal controls, policies, maintains the casino's licenses, and provides evidentiary support for law enforcement and civil processes, including court appearances on behalf of the company.
Key responsibilities include
Ensuring compliance with anti-money laundering (AML) and counter-terrorism/proliferation financing (CTF/P) and Proceeds of Crime (PoC) regulations.
Ensuring appropriate Customer Due Diligence (CDD), Standard Due Diligence (SDD) and Enhanced Due Diligence (EDD) for all members.
Maintaining records for Politically Exposed Persons (PEPs) and Special Interest Persons (SIPs).
Monitoring high-risk members and reporting to senior management.
Reviewing and updating AML processes and the risk management framework.
Handling Suspicious Transaction Reports (STRs) and Suspicious Activity (SAR) reporting to the National Crime Agency (NCA) as necessary.
Collaborating with external agencies such as the Police, HMRC, NCA, and the Gambling Commission (GC).
Continually improving compliance policies, procedures, and processes.
Working with the Compliance Operations Team to regularly review AML systems and processes.
Managing the regulatory compliance and risk policy, procedures, and guidance.
Developing and implementing the annual assurance plan and remedial action plans.
Overseeing the Safer Gambling strategy and managing compliance-related projects.
Completion of AML/CTF/P Risk Assessment.
This role is critical in advising senior management on potential risks that could affect the company’s ability to hold necessary licenses or harm its reputation as a leading UK casino operator.
Reports to: Chief Operating Officer.
Contract: Permanent, full time (40hrs a week, flexible working hours).
Location base: London.
Salary Banding: £90,000 - £100,000pa.
Benefits: 33 days annual leave (inc of bank holidays).
Employee Assistance Programme that offers GP consultations & financial support advisory.
8% immediate contributory enrolment into the Peoples Pension (3% employee 5% employer).
Cycle to work scheme Season Ticket Loan Localised discount deals.
Entry Requirements
Minimum 3 years experience in a Regulatory Compliance or AML management role, ideally within the gambling industry.
Demonstrated operational and regulatory analysis, and report writing experience.
Proven track record in developing regulatory related policies and operating procedures.
Holds a UK PML or has the ability to obtain said industry license.
Essential Knowledge
Understanding and application of Anti-Money Laundering regulations to business processes. Strong knowledge of regulatory frameworks and risk mitigation strategies.
Advanced people management experience including talent pooling and succession planning.
Ability to analyse regulation and ensure compliant, and operationally efficient application.
Experience of compliance reporting and monitoring systems.
Advanced risk evaluation and prevention techniques.
Essential Skills and Personal Characteristics
Support service focused.
Leads by example.
Exceptional written, reporting and spoken communication skills.
Is a team player.
Ability to multi–task – organised, methodical and efficient.
Individual of highest integrity.
Emotionally and culturally intelligent influencer and negotiator.
Positive.
Manage time and meet deadlines with attention to detail.
Courteous & Professional.
Strategic and creative leader focused on core priorities.
Self motivator.
IT literate.
Innovative and nimble approach.
Problem solver with ability to identify when to seek support.
Takes responsibility & accountability.
TO FIND OUT MORE AND/OR TO APPLY PLEASE SEND A COPY OF YOUR CV TO PAUL@GRS-RECRUIT.COM