Money Laundering Reporting Officer (MLRO)

Job Objective
Conduct audits and ongoing reviews of organization controls, operating procedures and monitor compliance with policies and procedures.

Key Responsibilities

  • Conduct audits to ensure compliances with procedures, rules and regulations.
  • Conduct internal investigation in respect of compliance issues.
  • Organize appropriate risk reporting, internally and externally.
  • Monitor the Risk Management Process for the organization.
  • Develop policies, processes and procedures according to AML/CTF and assist with the implementation in line with local and international laws.
  • Manage Projects.
  • Receive reports of any information or other matter, which gives rise to an actual knowledge or suspicion of money laundering;
  • Consider such reports in light of relevant information in order to determine if the information or other matter does give rise to such knowledge or suspicion;
  • Have reasonable access to other information which may assist in considering such report; and
  • Making a disclosure to the FSC and relevant authorities as per Mauritian laws if after considering such report there is knowledge or suspicion of money laundering;
  • Attend and delivery training on Regulatory matters including but not limited to AML/CTF and Data Protection
  • Perform Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) on new and/or potential clients.
  • Maintain and review STR Register and file external STR where required.
  • Assist in the drafting of reports to Management and Board of Directors.
  • Ongoing monitoring of business relationships;
  • Maintenance of anti-money laundering records for the required periods;
  • Liaison with the FSC regarding suspicious activity reporting;
  • Liaison with the FSC on matters regarding vigilance policy and systems;
  • Ensuring that internal auditing and compliance departments regularly monitor and make recommendations for up-to-date systems on vigilance; and
  • Maintenance of training and procedures manuals so that in the event of a suspicious activity being discovered, all staffs are aware of the reporting chain and procedures to follow

Technical Skills

  • Proven experience of at least 5 years operating in similar capacity and/or in senior management team
  • Certified by the FSC to act as MLRO
  • Professional qualification in Compliance, Risk Management and/or a master’s degree in the relevant field
  • Strong legal background
  • Excellent communication skills.
  • Strong report writing skills.
  • Good analytical & leadership skills.

We thank all interested candidates to send their CV/Cover letter here, however only those matching the above criteria would be taken into consideration.

Nous invitons les candidats intéressés à envoyer leur CV et lettre de motivation ici. Seuls les candidats correspondant aux critères demandés seront appelés pour un entretien.

Please fill out form below if you are an interested candidate