Money Laundering Reporting Officer

6 months ago

Abu Dhabi, United Arab Emirates eToro Full time

eToro has created an intuitive Social Trading platform that gives traders and investors access to global stock markets, commodity trading, cryptocurrency trading, and more. We strive to make money management available and accessible to everyone (even to users with no prior experience or knowledge). We have over 33 million users worldwide, and our platform is available in over 140 countries around the world.

With over 1500 employees worldwide, We have locations in the US, Cyprus, UK, Australia, Germany, and Israel, and we are constantly growing and expanding into new markets.

We are constantly growing and are excited to share that we are looking for a Money Laundering Reporting Officer to join our team

The Money Laundering Reporting Officer is responsible for managing all AML matters including but not limited to the compliance monitoring program, processes, procedure and working closely with the global team on all compliance related tasks.

**What you'll be doing**:
This role requires an experienced, self-starter who will own and lead the local AML processes and procedures, ensuring they are in-line with ADGM requirements and regulations and working on creating efficiency and streamlining.

One of the key responsibilities is to ensure that eToro complies with all relevant laws, regulation, and code of best business practice.

**As the Money Laundering Reporting Officer, you will take responsibility for**:

- Implement, maintain, and continuously enhance the company's AML policies, procedures, and controls in line with local regulations
- Investigate and document any unusual or suspicious transactions and activities that are escalated from the global team. Prepare and submit Suspicious Activity Reports (SARs).
- Work closely with the global team to review and ensure any escalated transaction monitoring alerts. and review the process to ensure it is in line with regulatory requirements.
- Provide AML training and awareness programs to employees and ensure that they are up to date on AML regulations, policies, and procedures.
- Conduct risk assessments and stay informed about emerging AML risks in the financial industry. Develop strategies to mitigate these risks effectively.
- Keep abreast of regulatory changes and ensure timely and accurate reporting to relevant government agencies and authorities, as required.
- Collaborate with internal and external auditors to facilitate AML audits and reviews. Address any identified deficiencies and ensure corrective actions are taken.
- Maintain comprehensive records of AML activities and reports, ensuring they are readily accessible for audits and investigations.
- Build trust relations with key partners and stakeholders and act as a point of contact for important shareholders.
- Maintain a deep knowledge of the markets and industry of the company.

**Requirements**:

- Educated to degree level;
- Have a proven track record of working in financial services;
- A minimum of 8 years’ relevant experience dealing with retail clients in similar financial products
- Experience in leading a small team is preferred
- Experienced in building working relationships with Regulators, with direct experience working with FSRA regulated firms an advantage;
- Able to advise Group colleagues on complex regulatory issues;
- Experienced in successfully managing multiple projects at the same time;
- Able to work to short timelines in a fast-paced environment;
- Have excellent communication and presentation skills.

**Benefits**
- Competitive salary plus bonus
- eToro trading account
- Fun and vibrant working environment
- Wellbeing gifts and merchandise

Sub Department:
Compliance

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