Group Deputy MLRO

CompanyOSB Group

LocationChatham, England, United Kingdom

Posted At1/7/2026

UK Visa Sponsorship Analytics

Analytics are greyed out due to low classification confidence (26.0%).

Occupation Type

Officers in armed forces

Occupation Code Skill LevelIneligible

Sponsorship EligibilityIneligible for Sponsorship

Above analytics are generated algorithmically based on job titles and may not always be the same as the company's job classification. You can also check detailed occupation eligibility, and salary criteria on our UK Visa Eligible Occupations & Salary Thresholds page.

Disclaimer: Hunt UK Visa Sponsors aggregates job listings from publicly available sources, such as search engines, to assist with your job hunting. We do not claim affiliation with OSB Group. For the most up-to-date job details, please visit the official website by clicking "Apply Now."

Description

About the team:

The Second Line Financial Crime Risk team plays a critical role in protecting the organisation from financial crime risks and ensuring compliance with regulatory and legal obligations. Acting independently from the first line of defence, the team provides expert oversight, challenge and assurance over how financial crime risks are identified, assessed, managed and mitigated across the business.

Embedded within this team is the Group Deputy Money Laundering Reporting Officer (Group Deputy MLRO), a senior leadership role that supports the MLRO and provides regulatory continuity, technical expertise and day-to-day oversight of the Group's financial crime risk framework.

Together, the team works closely with senior stakeholders across Compliance, Risk, Operations, and Technology to maintain a robust, proportionate and forward-looking financial crime control environment aligned to regulatory expectations and the organisation's risk appetite.

The role can be based in either Chatham or Wolverhampton and will require occasional travel between the Group's Chatham, London and Wolverhampton offices.

What you will be doing:

The role of the Group Deputy MLRO will ensure that all financial crime related systems and controls across the Group are adequately designed and effective in line with all relevant regulations, legislation and guidance, and proportionate in accordance with the Group's risk appetite, frameworks, policies and take into account the different risk profiles of individual brands, third parties and their respective geographic locations.

The Group Deputy MLRO will manage the second-line of defence Financial Crime team and work closely with the first-line of defence financial crime teams based in Wolverhampton, Chatham and India. The role involves line management of direct reports and reports into the Chief Compliance Officer & MLRO.

Your responsibilities will also include…

Acting as a trusted deputy to the MLRO, providing cover where required and ensuring continuity of regulatory responsibilities and decision-making.
Overseeing the operation of the Suspicious Activity Reporting (SAR) framework, including escalation, decision-making and quality assurance, and supporting the MLRO in meeting statutory obligations.

Acting as a senior technical authority on AML, CTF, sanctions and broader financial crime risks, providing guidance to the business and second-line colleagues.

Leading the enhancement and management of the Group's strategy in relation to the identification, management and oversight of financial crime risks.

Building and fostering relationships with key areas of the business to embed financial crime frameworks, policies, processes and procedures into the DNA of the business.

Providing independent challenge on complex or higher-risk issues, thematic concerns and material incidents, and ensuring first-line ownership and accountability remain clear.

Driving continuous improvement of financial crime frameworks, policies and controls, ensuring they remain effective, scalable and aligned to regulatory expectations.

Representing Financial Crime Risk at senior governance forums, contributing to Board and committee reporting, and engaging confidently with regulators where required.

What's in it for you?:

We offer a competitive base salary from £100,000 dependent on experience and benefits package including:

Discretionary annual bonus opportunity of up to 40%
Car allowance of £7,500
Enhanced family-focused benefits
Hybrid-working

Please use this link to see the fantastic benefits available at OSB:

https://www.osb.co.uk/careers/overview/benefits

About us:

At OSB Group, we understand how much our people bring to our organisation, which is why we try our best to give back too! Our Purpose is to help our customers, colleagues and communities prosper and we are on a transformation journey to become 'the bank of the future'.

Our commitment to professional development, flexible working, and employee well-being fosters a dynamic and supportive workplace.

Do you have the skills?

We are looking for talented individuals who have the experience and skills set out below:

Previous experience of undertaking a fraud or financial crime related role within a retail bank is essential.
Knowledge of the requirements and practical implications of Money Laundering Regulations, The Fraud Act 2006, Criminal Finances Act 2017, The FCA Handbook (specifically SYSC, PRIN and the Financial Crime regulatory guide), Bribery Act 2010, Proceeds of Crime Act, JMLSG Guidance and financial sanctions regimes are essential

Previous experience of managing a team is essential.

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

Next steps:

Interested? Apply now! Still considering? Hear from our team or learn more about our recruitment process: OSB Careers

We believe in a personalised and inclusive approach, ensuring the process is relevant and conversational. If you need any adjustments or support, we're here to make sure you can show your best self.

Diversity, Equity & Inclusion

Our team value spending time together in the office, typically 3 days a week to support collaboration and connection with colleagues, but we're happy to have a conversation about what flexibility might look like for you.

Not sure if you meet all the criteria? Let us decide. Studies show that candidates from underrepresented backgrounds often feel they need to meet 100% of the criteria before applying. At OSB, we value the unique perspectives and experiences that diversity brings. We're committed to creating an inclusive space where everyone feels empowered to apply - even if you don't check every box.

We actively promote diversity at all levels, with Board-level Diversity Champions monitoring our progress. We're proud to be signatories of the Women in Finance Charter, supporting the growth of senior women in our sector. Our commitment extends to treating all employees and applicants equitably, ensuring fairness and respect for all."