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Deputy MLRO Financial Crime

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Full Time
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The Role…

The role of the Paddy Power Betfair (PPB) Financial Crime Compliance function is to support, advise and enable the compliant delivery of the Group’s strategic objectives across its Paddy Power and Betfair brands in Europe whilst also working in collaboration with Financial Crime Compliance colleagues in our other global brands.

Working within the second line of defence, the function is responsible for advising, monitoring and reporting on the management of financial crime risks. It provides advice and support to the Board and Senior Management in their leadership of PPB in a compliant manner across its countries of operation and in the promotion of a culture of compliance and risk awareness.

This individual will act as Deputy Money Laundering Reporting Officer (DMLRO) for PPB and as a liaison for matters relating to AML/CTF an with external stakeholders including Regulatory Authorities and relevant industry working groups.

The successful candidate will lead a team which advises, supports and monitors the following areas of compliance and regulatory risk:

  • Anti-Money Laundering,
  • Counter Terrorist Financing
  • Sanctions Compliance;
  • Anti-Bribery and Corruption;

What you’ll be doing…

1. Act as Deputy Money Laundering Reporting Officer (DMLRO).

2. Ongoing maintenance and development of Paddy Power Betfair’s Anti- Bribery & Corruption and AML/CFT & Sanctions frameworks including the associated Business Risk Assessments, policies, standards, procedures and training material (both Web based Training and bespoke training) and presenting same at various governance approval committees.

3. Keeping abreast of Financial Crime related legislative obligations in the jurisdictions in which PPB is licensed to operate and ensure that the associated policies and procedures in place meet these requirements.

4. Supporting the MLRO to monitor, manage and proactively engage with external stakeholders including Regulatory Authorities and representing the organisation on industry working groups.

5. Providing proactive and professional advice and support to the business with particular focus on B2B relationships.

6. Managing and leading a team of Financial Crime specialists with a focus on the delivering of timely support, efficiency of process and the effectiveness of controls (including QA testing).

7. Delivering the components of the annual Compliance plan.

8. Preparing reports for Senior Management and the Board.

9. Working with colleagues in other geographical locations in the Group to enable the development of global standards, knowledge transfer and best practice.

10. Key member of the leadership function for Group Risk & Compliance.

Candidate Requirements

  • Educated to degree level, postgraduate qualification in Compliance or related field desirable.
  • Minimum of 7 years Compliance and / or Regulatory risk experience in enterprise environments.
  • In-depth knowledge of European Anti-Money Laundering, Counter Terrorist Financing and Anti-Bribery and Corruption legislation, regulation and practice.
  • Candidate required to occasionally travel.

Desirable Personal Attributes & Competencies.

  • Ability to maintain independence from management and front line while having the ability to work well with all levels of the organisation.
  • Proven ability to manage and develop a diverse team on a remote and non-remote basis.
  • An influencer who engenders trust and builds relationships at all levels whilst acting with integrity.
  • Strong analytical skills and a clear thinker with the ability to analyse, communicate and report in a clear, concise and effective manner to all levels of management
  • Creative and adaptive approach to devising and developing training and awareness initiatives.
  • Ability to identify issues and associated risks, and provide practical solutions to a wide range of issues.