Money Laundering Reporting Officer (MLRO)

About the Role:

We are seeking an experienced and highly credible Money Laundering Reporting Officer (MLRO) to establish, lead and maintain a robust AML/CFT and financial crime compliance framework within a growing advisory and financial services environment.

This is a senior role requiring independence, sound judgment, and strong engagement with senior management, regulators, and clients.

Key Responsibilities:

Regulatory & MLRO Responsibilities:

·       Act as the designated MLRO in accordance with FIAMLA and FSC requirements

·       Receive, assess and investigate internal suspicious transaction reports

·       Determine and file Suspicious Transaction Reports (STRs) with the Financial Intelligence Unit (FIU)

·       Act as the primary contact with the FIU, FSC and other regulators

·       Ensure full compliance with AML/CFT laws, FSC Rules, Handbooks, and UN Sanctions requirements

·       Maintain unrestricted access to relevant information and provide direct reporting to the Board

AML/CFT Framework & Risk Management:

·       Develop, implement and continuously enhance the firm’s AML/CFT framework

·       Establish and maintain a risk-based approach covering client, product and geographic risks

·       Oversee customer due diligence (CDD), enhanced due diligence (EDD), and KYC processes

·       Monitor sanctions, PEPs, adverse media and other financial crime risks

·       Ensure effective transaction monitoring and escalation processes

·       Conduct periodic AML/CFT risk assessments and reviews

Compliance & Governance:

·       Develop and maintain AML/CFT policies, procedures, and internal controls

·       Prepare and present periodic AML/CFT reports to senior management and the Board

·       Support regulatory inspections, audits and filings

·       Maintain compliance registers and documentation

·       Monitor regulatory developments and ensure timely implementation

Advisory & Business Support:

·       Advise senior management on financial crime risks in new business initiatives and client onboarding

·       Provide practical compliance solutions aligned with commercial objectives

·       Build a strong compliance culture across the organization

        Training & Awareness:

·       Develop and deliver AML/CFT training programs to staff and directors

·       Promote awareness of financial crime risks and regulatory obligations

Requirements:

·       Degree in Law, Finance, Risk, Compliance or related discipline

·       Professional certification such as ACAMS, ICA Diploma or equivalent preferred

·       7–12+ years of experience in AML/CFT, compliance or financial crime roles

·       Prior experience as approved MLRO or readiness to obtain regulatory approval

·       Strong working knowledge of FIAMLA, FSC guidelines and international AML standards

·       Experience dealing with regulators (FIU, FSC, Bank of Mauritius)

Key Skills & Attributes:

·       High integrity and independence

·       Strong analytical and investigative mindset

·       Ability to exercise judgment in complex situations

·       Excellent communication and report-writing skills

·       Ability to operate effectively in a lean, senior-led structure

·       Strong stakeholder management and influence

What We Offer:

·       Opportunity to build and shape the AML/CFT function in a growing firm

·       Direct exposure to leadership and strategic decision-making

·       Senior-level autonomy and impact

·       Competitive remuneration aligned with experience