Deputy Money Laundering Reporting Officer (DMLRO) – £70k–£80k
Hybrid – 3 Days in London Office
Financial Services Industry – 2nd Line of Defence

I am working with a growing, FCA-regulated financial services firm that’s looking for a strong 2nd line of defence AML professional to step into a key Deputy MLRO role. This is an opportunity to take real ownership of the financial crime framework, working closely with the Head of Compliance & MLRO in a business that values expertise and autonomy.

What’s refreshing about this position is that it’s not a crisis management role — the company is stable and compliant. Instead, the focus is on maintaining and strengthening AML processes, influencing stakeholders, and embedding best practice across the business. There are no direct reports, but there’s a strong teaching and mentoring element, so you’ll be helping colleagues understand and meet regulatory expectations.

The Role

• Lead on AML policy and training initiatives

• Oversee transaction monitoring and SAR preparation

• Conduct AML risk assessments across products, services, and clients

• Act as the go-to SME for AML queries and regulatory engagement

• Prepare board and senior management reports, including the annual MLRO report

The Ideal Candidate

• 7+ years in a 2nd line AML role within financial services

• Solid knowledge of JMLSG and FCA AML/CTF requirements

• Confident decision-maker who can work independently

• Excellent communicator who can influence and educate stakeholders

• Professional AML qualifications (e.g., CAMS, ICA) are a plus

The Package

• £70k–£80k base salary

• Benefits include private medical, pension, health cash plan, enhanced parental leave, and more

• Hybrid working – 3 days in their central London office, 2 from home

• A collaborative environment with room to make the role your own

If you’re looking for a chance to own the financial crime agenda from a 2nd line perspective in a growing and supportive business, this is a role worth exploring.