Deputy Money Laundering Reporting Officer (Wealth & Trading)
at Revolut
Posted 17 days ago
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Deputy MLRO for Wealth & Trading at Revolut responsible for ensuring financial crime and AML frameworks operate effectively across wealth and trading operations. You will define, develop and document the AML programme, manage suspicious activity reporting, provide reports to regulators and senior management, and liaise with law enforcement and local authorities. The role requires 3+ years' MLRO/deputy MLRO experience, fluency in English and Lithuanian, strong oversight and team management skills, and deep knowledge of the EU regulatory environment.
- Compensation
- €6,200 – €6,500 EUR
- City
- Not specified
- Country
- Lithuania, Spain
Currency: € (EUR)
Full Job Description
Deputy Money Laundering Reporting Officer (Wealth & Trading)
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 65+ 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
Our Compliance 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 manage conduct risk.
We’re looking for a Deputy Money Laundering Reporting Officer to ensure financial crime and anti-money laundering frameworks operate effectively within our wealth and trading operations. You’ll shape the future of oversight and compliance by swiftly identifying risks and maintaining robust systems and controls across different areas.
Up to shape what's next in finance? Let's get in touch.
What you'll be doing
- Defining, developing, and documenting the financial crime and AML programme to manage regulatory risk
- Providing reports to regulators and senior management
- Working closely with the Group's FinCrime function and other senior managers across the business to identify, assess, update, and mitigate the regulatory compliance risks
- Determining the priorities and resources required to effectively control compliance risks
- Managing the suspicious activity reporting process, internally and externally
- Training staff to identify financial crime, escalate suspicious activity, and make external reports to regulators and law enforcement
- Determining identification and verification standards for customer take-on and AML compliance
- Receiving and promptly responding to enquiries from law enforcement agencies
- Serving as a liaison to local authorities and managing filings with the local Financial Investigation Unit
- Supporting the business cross-functionally regarding the launch of products, for example, to ensure regulatory requirements are met
- Collaborating with internal compliance teams (such as Financial Crime, Operations, and Risk) to identify clear steps necessary to mitigate regulatory risks and provide recommendations
What you'll need
- Fluency in English and Lithuanian
- A bachelor’s degree
- 3+ years of experience in an MLRO or deputy MLRO role
- Team management skills, including the ability to oversee compliance and control activities within a global payment processing environment
- Knowledge and experience of best practise in financial services regulation, fraud detection methodologies, and emerging practise 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, identify key issues/actions, and drive resolutions
- Deep knowledge of the EU regulatory environment and key financial crime regimes
- An understanding of payment systems and markets, with a focus on technology and mobile applications
Nice to have
- Experience with financial instrument trading and other trading services
- A relevant master’s degree
- A professional qualification from an internationally recognised body, such as ICA or ACAMS
Compensation range
- Lithuania: €6,200 - €6,500 gross monthly*
- Other locations: Compensation will be discussed during the interview process
*Final compensation will be determined based on the candidate's qualifications, skills, and previous experience
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
