MLRO (Money Laundering Reporting Officer)
Contract
Dublin Hybrid
Day rate circa 500-580 per day

. Establish, review, implement and maintain effective Compliance and Anti-Money Laundering (AML) policies, procedures, systems, and controls in compliance with applicable Compliance and AML regulations and the organization's KYC/AML standards.
. Prepare and implement Compliance Monitoring & Screening Program as well as Compliance & Training Plan and review/update them on a periodic basis.
. Perform the role of Money Laundering Reporting Officer (MLRO) for the entity, acting as a focal point for employees/stake holders to escalate suspicions of terrorist financing or money laundering activities and manage AML/CFT risks.
. Identify, assess, and implement all relevant new legal and regulatory developments within the compliance framework.
. Collaborate and liaise with the internal departments, regulators authorities and external services providers to resolve compliance issues.
. Day-to-day operations for compliance with the relevant policies, procedures, systems, and controls.
. Establish and maintain an appropriate compliance and AML training programme and adequate awareness arrangements for employees.
. Perform daily review, monitoring, and analysis of transaction alerts using internal data to identify trends and unusual activity, to determinate if the transactions are suspicious in nature.
. Discuss and document unusual transactions with program heads and stakeholders and report accordingly.
. Acting as the point of contact to receive internal AML Suspicious Transaction Reports (SARs) from Employees
. Taking appropriate action following the receipt of an internal Suspicious Transaction Report (such as circumstances investigation, determination and making (if needed) the external suspicious transaction report).
. Identify, log, and resolve compliance issues, complaints and regulatory breaches and produce compliance management information.
. Perform customer due diligence checks (KYC) on new and on-going clients as per the organization's requirements and in accordance with the NGO's enterprise-wide AML standards.
. You would be expected to escalate appropriate AML risks/breaches to management.