Position Overview & Specifications

Petro Atlantic has been founded to fill the gap to the un-banked. We are looking for hard-working, tenacious and ambitious individuals to supplement and fuel our company’s growth. Throughout your employment with Petro Atlantic, you’ll develop an in-depth knowledge of financial markets; current affairs, economics, money markets and foreign exchange.

Responsibilities:

Act as the company’s nominated Money Laundering Reporting Officer, setting out the procedures and policies we adhere to and our clients are guided by.
Report suspicious transactions/activities to regulators, law enforcement agencies and partners
Correspond to the regulators, law enforcement agencies and partners regarding SARs as a primary point of contact
Manage the SARs and DAMLs to maintain efficient account controls
Review internal SARs and complete the company’s SAR reporting obligation undertaking detailed investigations
Identify areas of money laundering risk and assess them to maintain effective AML controls of the company
Conduct analysis of new AML regulatory developments, implement them collaborating with other departments and maintain oversight of developments affecting business activities
Contribute to the company’s CDD, EDD and transaction monitoring processes for robust AML investigations
Prepare reports, including MLRO reports, to senior management and the Board to communicate all relevant issues and escalate any important or high-risk money laundering issues
Understand the need of MSBs, Crypto Exchanges and High Risk Dealers
Provide relevant training such as AML, CTF, sanctions and financial crime training

Benefits of Petro Atlantic:

All the tech you need - laptop, phone, tablet and expense card
Trained by seasoned professionals from FX and Banknote dealing background
Very rewarding commission and bonus scheme
Regular incentives (company nights out, sporting events and more)

Qualifications:

· 4+ years of experience in a financial services firm or e-money/payments industry with experience to operate at an MLRO or Deputy MLRO level

· Operational knowledge in building and running AML controls and compliance programme, with hands-on knowledge and an understanding of rules such as Money Laundering Regulations, Money Laundering Directive, and Financial Crime Act

· Demonstrated ability to communicate effectively with regulatory bodies, internal and external stakeholders

· Previous experience being registered with the FCA as an MLRO (desirable but not essential)

· Professional qualification from an internationally recognised body, such as ICA, ACAMS (desirable but not essential)

Job Type: Full-time

Salary: £50,000.00-£65,000.00 per year

Benefits: