Deputy MLRO (Wealth and Trading) Job in Bengaluru at Revolut

Revolut is hiring for the Deputy MLRO (Wealth and Trading)!

Responsibilities of the Candidate:

• Defining, developing, 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, and determining the priorities and resources required to effectively control them
• Determining identification and verification standards for customer take-on and AML compliance
• Managing the suspicious activity reporting process, internally and externally
• Training staff to identify financial crime, escalate suspicious activity, and make external reports to regulators and law enforcement
• Receiving and promptly responding to enquiries from law enforcement agencies
• Serving as a liaison to local authorities and managing filings to the local Financial Investigation Unit
• Supporting the business cross-functionally regarding the launch of products, for example, to ensure regulatory requirements are met
• Collaborating with internal Compliance teams (such as Financial Crime, Compliance, Operations, and Risk) to identify clear steps necessary to mitigate regulatory risks and provide recommendations in the form of clear business requirements

Requirements: 

• Fluency in English
• A Bachelor’s Degree, with a relevant Master’s Degree preferred or a professional qualification from an internationally recognized body (e.g ICA, ACAMS)
• 3+ years of experience in an MLRO or deputy MLRO 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
• Great communication skills with the ability to motivate others
• The 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 to analyse complex information, identify key issues/actions, and drive resolutions
• Deep knowledge of the EU regulatory environment and key financial crime regimes
• An understanding of payment systems and markets with a focus on technology and mobile applications