The Anti Money Laundering Officer ("AMLO") will support the Insolvency Service in complying with the The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 ("MLR2017").
The AMLO will also support related functions including providing guidance, training & education contributing towards compliance with aspects of these regulations.
They will help to promote anti-money laundering across the agency and assist in developing and maintaining a compliance culture.
The Insolvency Service is a leading Government agency which plays a crucial role in providing essential services to the public and to business. The work we do is important to the proper functioning of markets, the economy in general and support for thousands of people each year who are in financial difficulty.
Inclusive and diverse teams are important to us. We welcome and encourage applications from everyone, including groups underrepresented in our workforce. The Insolvency Service strives to ensure that the agency is a safe, inclusive and welcoming place for everybody to bring their true self to work and to help the agency to achieve its diversity objectives. We have 10 active employee network groups available to join or become an ally, these include, Carers Network, Disability & Health, FACES Network Group, Grass Roots, LGBT+, Mind Matters, No Limits, Part Time Workers, The Shed, and Women’s Network Group.
We offer full-time, part-time, job share and flexible ways of working. We value capability, technical skills and experience and we place great emphasis on lifetime development to support our people. We encourage our employees to become more involved in areas they feel strongly about, whether it be for the benefit of the agency, though our Engagement network or in their own local communities via volunteering opportunities.
The Insolvency Service is a great place to work, learn and grow your career!
The AMLO will sit within the Intelligence Team which is part of the Investigation & Enforcement Service directorate of the Insolvency Service.
The Agency was successful in obtaining funding from the Economic Crime Levy to strengthen its Intelligence capability to tackle money laundering. The Intelligence Team is using this funding to expand its anti-money laundering capability and to increase awareness and compliance across the Agency.
The candidate will support the Agency's Nominated Officer function and will have significant responsibility for ensuring compliance with aspects of MLR2017, Proceeds of Crime Act 2002 and the Terrorism Act 2000.
Responsibilities
The successful candidate's role will include, but not be limited to:
* Submission of Suspicious Activity Reports ("SARs").
* Applications for Defence Against Money Laundering ("DAML") and Terrorist Financing ("DATF").
* Working to increase awareness of Anti-Money Laundering across the Agency, helping to build capability and feeding back to Senior Leaders.
* Providing support to the Intelligence Team and wider Agency on Anti-Money Laundering matters.
* Providing some outreach to the agency in matters relating to SARs, DAMLs and DATFs.
* Any other tasks as requested by the Head of the Intelligence Team.
Proud member of the Disability Confident employer scheme
Disability Confident
About Disability Confident
A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people. For more details please go to Disability Confident .