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Money Laundering Reporting Officer
Location
Norway
Posted
67 days ago
Salary
0
Seniority
Mid Level
No structured requirement data.
Job Description
Money Laundering Reporting Officer
Revolut Ltd
Role Description Our Financial Crime team blends regulatory expertise with data-driven thinking to make sure our products meet legal and policy requirements and deliver real value to customers. In a fast-moving, digital environment, they stay one step ahead by finding smart, scalable ways to prevent financial crime. We're looking for an innovative and driven Money Laundering Reporting Officer to support our AML/CFT Compliance programme. As the MLRO, you'll be responsible for leading all AML/CFT activities in Norway. What you'll be doing: - Defining, managing, and documenting the local financial crime and AML programme - Partnering with the global FinCrime function and senior managers to identify, assess, and mitigate regulatory compliance risks - Determining identification and verification standards for customer take-on and AML compliance - Managing the suspicious activity reporting process, internally and externally - Communicating with staff to ensure they understand their responsibilities and are trained in Revolut policies and procedures to identify financial crime - Escalating suspicious activity by making internal reports, and making external reports to regulators and other law enforcement bodies in a timely manner - Receiving and promptly responding to enquiries from law enforcement agencies - Serving as a liaison to local authorities, managing filings to the local Financial Investigation Unit - Supporting the business where necessary regarding the launch of new features to ensure regulatory requirements are met - Collaborating with internal compliance teams to identify steps to mitigate regulatory risks and provide recommendations Qualifications - A bachelor's degree - 7+ years of experience in a relevant role - 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 - The ability to exercise oversight - An 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 Norwegian and EU regulatory environment and key financial crime regimes - An understanding of payment systems and markets with a focus on technology and mobile applications - Fluency in English and Norwegian Nice to have - A master's degree or professional qualification from an internationally recognised body, such as ICA or ACAMS 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.
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Lead the fraud operations function, manage team performance, oversee fraud investigations, and adapt processes to counter emerging threats while ensuring high-quality stakeholder engagement and minimizing fraud losses.
