Money Laundering Reporting Officer MLRO

About this role

An exciting opportunity has arisen to join Capital One UK as our Money Laundering Reporting Officer (MLRO).

As the MLRO for Capital One UK you will play a critical role in ensuring the companys compliance with all relevant financial crime regulations both domestic and international alongside maintaining the highest standards of risk management.

What youll do

Regulatory Compliance & Governance:

• Act as the SMF17 under the UKs Senior Managers and Certification Regime (SMCR) ensuring compliance with the Money Laundering Regulations Proceeds of Crime Act Terrorism Act and FCA rules.

• Serve as the primary liaison with regulatory bodies including the FCA NCA and other financial crime enforcement agencies.

• Oversee and maintain the companies AML CTF and financial crime prevention policies ensuring alignment with regulatory and enterprise expectations.

• Horizon scan and keep up to date with evolving legal and regulatory expectations

Financial Crime Risk Management:

• Lead the identification assessment and mitigation of financial crime risks embedding a robust financial crime risk management framework.

• Ensure that Suspicious Activity Reports are reviewed escalated and submitted to the NCA in a timely manner.

• Oversee transaction monitoring processes to identify and investigate potential money laundering fraud bribery and financing risks.

Training & Awareness:

• Design and deliver AML and financial crime training to staff at all levels ensuring awareness of regulatory obligations the associated risks and our internal processes.

• Foster a strong compliance culture promoting accountability across business functions.

Oversight & Reporting:

• Provide regular reports to senior management and the Board including updates on AML risks emerging threats and compliance metrics.

• Conduct internal reviews audits and independent risk assessments to identify areas for improvement and drive continuous enhancement of financial crime controls.

• Engage with internal stakeholders external auditors and regulatory bodies to ensure transparency and robust oversight.

Technology & Innovation:

• Leverage data analytics to enhance assurance activities

• Improve compliance efficiency and effectiveness through ways of working or use of technology

What were looking for

To succeed in this role you will need a strong mix of regulatory expertise leadership and analytical skills with the ability to operate in a dynamic financial services environment. Key skills include:

Regulatory & Technical Expertise

• Deep knowledge of UK AML CTF and sanctions regulations

• Familiarity with international AML standards such as FATF recommendations and EU directives.

• Understanding of Customer Due Diligence (CDD) Enhanced Due Diligence (EDD) Sanctions Screening and Transaction Monitoring Processes

Leadership & Stakeholder Management

• Experience in a senior compliance financial crime or MLRO role within a regulated financial institution.

• Strong ability to engage with regulators law enforcement and internal stakeholders including the Board and Executive teams.

• Proven track record in leading teams influencing senior leadership and fostering a compliancefirst culture.

Communication

• Excellent verbal and written communication skills with the ability to present complex regulatory requirements in a clear and practical manner.

Analytical & Risk Management Capabilities

• Ability to assess complex financial crime risks and develop appropriate mitigation strategies.

• Strong datadriven decisionmaking skills leveraging analytics to enhance AML compliance.

• Ability to adapt policies and controls in line with legal and regulatory developments.

Technology & Innovation

• Understanding of emerging risks in digital banking fintech and payments including cryptorelated AML risks.

• Experience working with AIdriven compliance solutions transaction monitoring systems and sanctions screening platforms is a plus

Where and how youll work

This is a permanent position is based in either our Nottingham or London office. For London associates there would be a requirement for regular travel to our Nottingham Head Office.

We have a hybrid working model which gives you flexibility to work from our offices and from home.

Were big on collaboration and connection so youll be based in our offices 3 days a week on Tuesdays Wednesdays and Thursdays.

Many of our associates have flexible working arrangements and were open to talking about an arrangement that works for you.

Whats in it for you

• Bring us all this and youll be well rewarded with a role contributing to the roadmap of an organisation committed to transformation

• We offer high performers strong and diverse career progression investing heavily in developing great people through our Capital One University training programmes (and appropriate external providers)

• Immediate access to our core benefits including pension scheme bonus generous holiday entitlement and private medical insurance with flexible benefits available including seasonticket loans cycle to work scheme and enhanced parental leave

• Openplan workspaces and accessible facilities designed to inspire and support you. Our Nottingham headoffice has a fullyserviced gym subsidised restaurant mindfulness and music rooms.

What you should know about how we recruit

We pride ourselves on hiring the best people not the same people. Building diverse and inclusive teams is the right thing to do and the smart thing to do. We want to work with top talent: whoever you are whatever you look like wherever you come from. We know its about what you do not just what you say. Thats why we make our recruitment process fair and accessible. And we offer benefits that attract people at all ages and stages.

We also partner with organisations including the Women in Finance and Race At Work Charters Stonewall and upReach to find people from every walk of life and help them thrive with us. We have a whole host of internal networks and support groups you could be involved in to name a few:

• REACH Race Equality and Culture Heritage group focuses on representation retention and engagement for associates from minority ethnic groups and allies

• OutFront to provide LGBTQ support for all associates

• Mind Your Mind signposting support and promoting positive mental wellbeing for all

• Women in Tech promoting an inclusive environment in tech

• EmpowHER network of female associates and allies focusing on developing future leaders particularly for female talent in our industry

If you require a reasonable adjustment please contact All information will be kept confidential and will only be used for the purpose of applying a reasonable adjustment.