Deputy MLRO and DAML Team Leader 12 Months FTC

London, England, United Kingdom

8/14/2025

Deputy MLRO and DAML Team Leader – 12 Months FTC

Division – Enforcement & Market Oversight

Department – Enforcement Intelligence Support Services

Team - Specialist Intelligence

Salary - London £64,900 to £85,000 per annum (Salary offered will be based on skills and experience)

About The FCA

The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. Follow this link to find out more About the FCA.

We are recruiting an exciting opportunity for an experienced deputy MLRO to join our Intelligence Tactical Enquiries & Research Team (ITER), within Enforcement Intelligence Support Services (EISS). The Intelligence departments play a central role in the FCA’s mission to combat financial crime by provide intelligence capabilities, advice and support to all areas of the FCA, contributing directly to the delivery of its objectives.

The departments within EISS maintain a broad network of domestic and international stakeholders and partners. This collaborative eco-system is essential in addressing complex issues such as Fraud and Money Laundering, which demand a coordinated response from regulators, law enforcement, government bodies, businesses and the public. This role will support that collaborative effort, ensuring intelligence is effectively used to inform decisions and drive forward enforcement and regulatory activity across the FCA and beyond.

What will you be doing?

As a Deputy MLRO And Working With Another Lead Associate, You Will Have Responsibility For Activities Consistent With The FCAs MLRO Function To Ensure The FCA Complies With Its Obligation To Report Suspicious Activities Related To Money Laundering, Terrorist Financing And Proliferation Finance. Working With The Other Deputy MLRO You Will

• Act as a SPOC for review and transmission of FCA submissions
• Provide technical advice to wider business areas on reporting suspicions of money laundering etc
• Provide regular reporting on the FCAs compliance with legislation
• Lead on the education and awareness strategy that underpins the internal process
• You will be responsible for leading on recommendations for the MLRO function in future to ensure greater resilience and efficiency - and you will start implementing the foundations of that new way of working
• For all MLRO issues you will report via the SID HoD in a matrix management arrangement. And you will report on a regular basis to the FCAs MLRO on the FCAs compliance with the legislation
• Using skills, previous experience and knowledge to handle Defence Against Money Laundering (DAML) referrals and look to develop and improve the process identify new ways of working across the FCA
• Working collaboratively with the ITER Manager and Lead Associate to coordinate and manage the demands upon the team (resource management & planning), with consideration of relevance to FCA strategy, content, timelines and confidentiality
• Delivering through others and line managing those who are supporting the delivery of intelligence to stakeholders and partners
• Handling of financial intelligence received by the FCA and broader work conducted by the ITER team
• Ensuring compliance with FCA data & records management policy, National Intelligence Standards and broader professional behaviours of the team
  
  

What will you get from the role?

• Involvement in a range of activities which contribute to the FCAs responsibilities under the Money Laundering Regulations (reporting suspicions), Proceeds of Crime Act (receipt of DAMLs) and broader financial crime work across the organisation to ensure we meet obligations
• Collaboration and engagement with many business areas and external partners to share intelligence and support activities
• A unique opportunity to increase the effectiveness of intelligence activity and find ways to demonstrate the value the work brings and support the development of an intelligence culture throughout the FCA
• Opportunities to develop knowledge of FCA and financial crime issues and make a significant contribution to fighting financial crime
• The opportunity to use your judgement to make confident decisions at pace, stand by them, and learn lessons from previous events
• Interaction with a wide variety of law enforcement agencies, regulators, industry bodies and government agencies, managing demand for our information and the resources required
  
  

Which skills are required?

We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme Click Here)

Minimum

• Experience acting in the role of Deputy MLRO or MLRO-equivalent functions within law enforcement or industry environments
• Experience as a practitioner in intelligence capabilities, techniques and products, including their content, application and dissemination protocols
• Experience in developing and maintaining effective relationships with internal and external stakeholders
  
  

Essential

• Knowledge of and preferably certification through, the Intelligence Professionalisation Programme’s Intelligence Analyst qualification; for MLRO aspects, ideally holding the ICA Advanced Certificate in Anti-Money Laundering, ICA Advanced Certificate in Governance, Risk and Compliance, or ACAMS: Building an AFC Compliance Program. Extensive relevant experience may also be accepted
• Understanding of key legislation relevant to the role, including the Financial Services and Markets Act 2000 (FSMA), Money Laundering Regulations 2017, Proceeds of Crime Act 2002 and the broader financial services sector and UK Economic Crime landscape
• Accreditation at AFI or FIO level with the Proceeds of Crime Centre, enabling management and handling of sensitive financial intelligence products
• Strong knowledge of the National Intelligence Model, with a clear understanding of what constitutes ‘good’ intelligence and how to apply this within role responsibilities
• Proficiency in securely storing, sharing and handling intelligence (including sensitive information), managing records systems and tools, ensuring confidentiality and a working knowledge of GDPR and related data sharing legislation. Additionally, experience in people management, including workforce planning, welfare and career development
• Accuracy, and ability to manage competing demands and shifting deadlines
• Ability to flex styles and influence stakeholders at all levels, managing expectations, problem solving and being lawfully audacious
  
  

Our Values & Diversity

We are proud to be an inclusive employer and our ambition is to cultivate a culture for all employees that respects their individual strengths, views and experiences. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation and delivers better regulation.

Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.

Did you know? 50% of our Executive Committee were the first in their family to attend university.

Benefits Of Working At The FCA

• 25 days holiday per year plus bank holidays
• Hybrid working (work from home up to 60% of your time)
• Private healthcare with Bupa  
• A non-contributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age – up to 12% a month once you reach age 35)  
• Life assurance of eight times your basic salary  
• Income protection  
  
  

  

We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.

We welcome applications from candidates who are looking for flexible arrangements.  Many of our staff work flexibly including working part-time, staggered hours and job shares.  We can’t promise to give you exactly what you want but we can explore what might work best for both sides.

Follow this link to see what life is like at the FCA - Life at the FCA

Application Support

We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.

If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.

Useful Information and Timeline

• This role is graded as Lead Associate - Regulatory
• Advert Closing Date:  28th Aug 2025 at midnight
• CV Review/Shortlist: w/c 1st September 2025
• Competency Based Interview: w/c 8th September 2025
  
  

Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time. 

Got a question?

If you are interested in learning more about the role, please contact: 

Recruiter – [email protected]

Applications must be submitted through our online portal. Applications sent via email will not be accepted.