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 organisation
  

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