{"id":4358,"date":"2024-01-12T14:32:04","date_gmt":"2024-01-12T14:32:04","guid":{"rendered":"https:\/\/coinsrev.com\/info\/mlro\/"},"modified":"2024-01-12T14:32:04","modified_gmt":"2024-01-12T14:32:04","slug":"mlro","status":"publish","type":"post","link":"https:\/\/coinsrev.com\/info\/mlro\/","title":{"rendered":"MLRO"},"content":{"rendered":"<p><b>Employer:<\/b> Tradition (UK) Limited<br \/>\n<b>Salary:<\/b><br \/>\n<b>Date Added:<\/b> 12\/01\/2024<\/p>\n<p>Tradition is the interdealer broking arm of Compagnie Financi\u00e8re Tradition and one of the world&#8217;s largest interdealer brokers in over-the-counter financial and commodity related products. CFT is represented in over 28 countries, employing over 2,500 people.<\/p>\n<p><strong>Tradition is currently seeking to appoint a MLRO to be based within the London office.<\/strong><\/p>\n<p><strong>Main responsibilities within the <\/strong><strong>MLRO<\/strong><strong> position include:<\/strong><\/p>\n<ul>\n<li>Overseeing the running and development of the AML business<\/li>\n<li>Money Laundering Reporting Officer for all FCA regulated entities<\/li>\n<li>To oversee the firms controls which enable it to identify, assess, monitor and manage its money laundering risk<\/li>\n<li>Carry out regular assessments of the adequacy of firms systems and controls and make, on an annual basis, a report (the MLRO report) to senior management on the operation and effectiveness of the firms controls in managing the money laundering risk<\/li>\n<li>To give general guidance and advice on the obligation of the firm and its staff to counter money laundering, financial and terrorist financing<\/li>\n<li>Interpretation of FCA and other regulators\u2019, Government agencies and exchange rules<\/li>\n<li>To ensure that the firm is taking appropriate measures to ensure that money laundering risk is taken into account in all aspects of its day-to-day operations including in the development of new products, the taking-on of new customers and the changes in  the firms business strategy and profile<\/li>\n<\/ul>\n<ul>\n<li>General Compliance monitoring<\/li>\n<li>To ensure that all staff understand and have access to the procedure for making suspicious activity reports to the MLRO<\/li>\n<li>Management of client reviews, approvals, classifications and documentation<\/li>\n<li>Management of client data bases<\/li>\n<li>To receive and assess suspicious transaction reports submitted by staff and if appropriate report such instances to SOCA in the prescribed manner<\/li>\n<li>Liaising with the Group Credit Department and staff on credit issues and limits<\/li>\n<li>Management of staff inductions, education and ensure that the firm provides training for all staff in relation to money laundering and that such training is repeated periodically<\/li>\n<li>Liaison with overseas offices and subsidiaries<\/li>\n<li>Liaison with other departments as required<\/li>\n<li>Project management as required<\/li>\n<li>Documentation management<\/li>\n<li>Analysis of trading information and data<\/li>\n<li>Appreciation of Compliance Risk<\/li>\n<li>General Compliance Administration duties<\/li>\n<li>Some overseas travel may be required<\/li>\n<li>Support team mates when they are absent<\/li>\n<li>Communicating in an approachable, helpful and non-prejudicial manner in your dealings withemployees, clients and\/or customers as you will be regarded as a representative of your department as well as the Group and you should behave accordingly<\/li>\n<li>Undertaking and passing all necessary training in line with the requirements of the role<\/li>\n<li>Adhering to all relevant legislation, regulations, rules and guidelines, and internal policies and procedures, including the requirements around preventing financial crime e.g. market abuse or money laundering<\/li>\n<li>Any other duties reasonably requested<\/li>\n<\/ul>\n<p><strong>Key skills, experience and competencies required in this role:<\/strong><\/p>\n<ul>\n<li>Good knowledge of the FCA rules, in particular COBS, SYSC, SUP and FIT<\/li>\n<li>Understanding of European Directives and other regulatory rules<\/li>\n<li>Good knowledge of the firms\u2019 products including cash equities and securities, equity and commodity derivatives and money markets<\/li>\n<li>Reasonable knowledge of cash and derivatives exchange rules e.g. Euronext, Eurex, LSE<\/li>\n<li>Experience of dealing with formal documentation<\/li>\n<li>Ability to read and understand regulatory rules, consultation papers and legal documents<\/li>\n<li>Good experience of international wholesale markets<\/li>\n<li>Good knowledge of the UK anti money laundering rules and regulations<\/li>\n<li>Very good PC skills and knowledge, in particular Excel and Word<\/li>\n<li>Good literacy and numeracy skills<\/li>\n<li>Good communications skills both verbal and written<\/li>\n<li>Ability to communicate with all business areas and senior management<\/li>\n<li>Good time management skills<\/li>\n<li>Good organisation skills<\/li>\n<li>Good inter-personal skills<\/li>\n<li>Good team skills<\/li>\n<li>Willingness to learn new skills and take on challenges<\/li>\n<li>Ability to work in a team or autonomously on specific projects<\/li>\n<li>Problem solving<\/li>\n<li>Ability to effectively manage staff<\/li>\n<li>Ability to train junior members of the team and reports<\/li>\n<\/ul>\n<p><b>Application Deadline:<\/b> 05\/04\/2024<br \/>\n<b>Contract Type:<\/b> Permanent<br \/>\n<b>Submitted Applications:<\/b> 0<\/p>\n<p><a class='btn btn-block btn-primary theme-btn-primary' style='text-align: center; text-decoration: none; margin: auto 0;width: 100%;' href='https:\/\/www.reed.co.uk\/jobs\/mlro\/51941701' target='_blank' rel=\"noopener\"> Apply Now <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employer: Tradition (UK) Limited Salary: Date Added: 12\/01\/2024 Tradition is the interdealer broking arm of Compagnie Financi\u00e8re Tradition and one of the world&#8217;s largest interdealer<\/p>\n","protected":false},"author":1,"featured_media":597,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[29],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/coinsrev.com\/info\/wp-content\/uploads\/2023\/09\/pexels-ruslan-burlaka-140945.jpg","_links":{"self":[{"href":"https:\/\/coinsrev.com\/info\/wp-json\/wp\/v2\/posts\/4358"}],"collection":[{"href":"https:\/\/coinsrev.com\/info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrev.com\/info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrev.com\/info\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrev.com\/info\/wp-json\/wp\/v2\/comments?post=4358"}],"version-history":[{"count":0,"href":"https:\/\/coinsrev.com\/info\/wp-json\/wp\/v2\/posts\/4358\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrev.com\/info\/wp-json\/wp\/v2\/media\/597"}],"wp:attachment":[{"href":"https:\/\/coinsrev.com\/info\/wp-json\/wp\/v2\/media?parent=4358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrev.com\/info\/wp-json\/wp\/v2\/categories?post=4358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrev.com\/info\/wp-json\/wp\/v2\/tags?post=4358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}