Money Laundering Reporting Officer (MLRO) - Ireland

About Revolut

People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 50 million customers get more from their money every day.

As we continue our lightning-fast growth,‌ 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work™. So far, we have 10,000 people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About The Role

Compliance is a key department at Revolut, that ensures its products and processes meet regulatory requirements and translate this into great customer outcomes. They’ve got an outstanding ability to develop and test solutions in a purely digital environment. These data-driven experts know that better people and machines are the most effective way of ensuring compliance and managing risk.

We’re looking for a Money Laundering Reporting Officer to ensure that Revolut's financial crime control framework is effective and keeps customers safe.

A professional excited to design, lead, and shape the future of compliance and fighting financial crime. A sharp mind who can quickly identify risk and maintain our systems and controls, while being vigilant for emerging risks and regulations. Be warned, this is a very hands-on role

Up for the challenge? Let’s get in touch.

What You'll Be Doing

• Managing the financial crime function within Revolut’s Irish branch
• Monitoring compliance on a regular basis and at special times, according to Irish AML legislation
• Reporting on progress to local/regional branch management
• Defining, developing, managing, refining, and documenting the Financial Crime and AML Programme to manage regulatory risk
• Providing reporting which meets the needs of the regulator, local and Group management
• Collaborating with the Group FinCrime function and other senior managers to identify, assess, update, and mitigate regulatory compliance risks
• Determining priorities and resources required to effectively control them
• Establishing identification and verification standards for customer onboarding and AML compliance
• Managing the suspicious activity reporting process, internally and externally
• Communicating with staff to ensure they're trained to identify financial crime, escalate suspicious activity, and make external reports
• Receiving and promptly responding to enquiries from law enforcement agencies
• Serving as a liaison to the local authorities, managing filings to the local Financial Investigation Unit (‘FIU’)
• Supporting the business on product launches to ensure regulatory requirements are met and risks are managed
• Collaborating with internal compliance teams (such as Financial Crime, Product, and Risk) to identify steps necessary to mitigate risks
• Developing, enhancing and embedding the financial crime and AML risk framework for managing key regulatory risks across the firm, ensuring that all processes are fit for purpose
  
  

What You'll Need

• A bachelor’s degree, with a relevant Master’s Degree preferred or a professional qualification from an internationally recognised body (e.g. ICA, ACAMS)
• 5 years of experience in a an MLRO or equivalent role
• Team management skills 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 practice 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 and identify the key issue/action to drive resolutions
• Deep knowledge of the Irish and EU regulatory environment and key financial crime regimes
• Understanding of payment systems and markets with a focus on technology and mobile applications
• Fluency in English
  
  

Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

Important notice for candidates:

Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles.

• Only apply through official Revolut channels. We don’t use any third-party services or platforms for our recruitment.
• Always double-check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain.
  
  

We won't ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it’s a scam. Report it immediately.

By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Revolut. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Revolut may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Revolut's Candidate Privacy Notice