DMLRO

*DMLRO
Luxembourg*

*Hybrid* - 3 days in the office, 2 from home

We are an energetic and collaborative compliance team operating in a fast- paced environment, where no two days are the same, handling a wide range of cases and queries submitted by all departments while ensuring we consistently meet our regulatory obligations. As the business continues to grow, we are expanding the team to support increasing volumes of escalations, working closely with colleagues across different 3S Money jurisdictions. This role requires strong attention to detail, a proactive mindset, and confidence in communicating with stakeholders at all levels. As a DMLRO, you will support the MLRO and wider compliance team with financial crime investigations and contribute to wider compliance activities, alongside managing ad hoc tasks as required.

*Our Mission*

3S Money is reinventing international finance. Founded in 2018, our mission is to help growing businesses securely send, receive and exchange money in over 65 currencies, across 190 countries. With offices in seven countries and over 200 employees, you’ll be joining a high-energy, high-impact team that’s achieved profitability and has a wealth of opportunity ahead.

*Our Culture*

We value and pride ourselves on caring personally, staying curious and achieving impact through collaboration, not competition. We’re ambitious and pride ourselves on ownership for our roles and growth, where hierarchy is minimal, giving everyone a voice to drive positive change.

*What You’ll Be Doing*

• Reporting and providing support to the MLRO in Financial Crime and Regulatory compliance.

• Demonstrating strong knowledge and practical application of Luxembourg AML/CFT, sanctions and financial crime requirements applicable to a CSSF-regulated electronic money institution, including the Law of 12 November 2004, CSSF Regulation 12-02, relevant CSSF circulars and guidance, the Law of 10 November 2009 on payment services, and applicable EU regulations.

• Developing and maintaining strong knowledge of EU and Luxembourg sanctions and restrictive measures requirements, including UN sanctions as implemented in Luxembourg, and understanding UK and US sanctions regimes where relevant for group risk, correspondent banking, counterparties, transactions or contractual obligations.
• Confidently working with senior management to provide up-to-date information for risk management and sanctions compliance, and helping conduct assessments to measure any potential risk impacts to 3s Money.

• Contributing to or leading awareness-raising and training for the first and second line of defence staff, including formal classroom training, workshop sessions, or informal Q&A sessions.

• Undertaking special projects as needed or supporting the financial crime operations team on targeted risk issue remediation, taking ownership of specific tasks as delegated by the MLRO or senior management.

• Reviewing compliance onboarding practices and documentation, liaising with the business as required, and making recommendations for improvements.

• Supporting the MLRO/RC with the review, escalation and reporting of suspicious activity to the Luxembourg FIU, including preparation and documentation of internal suspicious activity reports, STR/SAR decisions, client exit recommendations, and related audit trail.

• Communicating compliance and risk management requirements to internal and external clients, addressing queries and concerns, and assisting with the delivery of staff training.

• Working closely with the MLRO to ensure that all local requirements pertaining to Compliance and Financial Crime are closely tracked for changes, maintaining awareness of regulatory and legal changes in the Financial Crime space, and providing timely updates.

• Acting as a delegated point of contact for Luxembourg authorities, including the CSSF and Luxembourg FIU, in financial crime matters where authorised and in the absence of the MLRO/RC.

*What we're looking for*

You are an experienced professional working in fintech or traditional banking preferably with a thorough knowledge of the financial crime risks which arise from corporate, institutional, or small-medium sized entities. Experience in correspondent banking, trade or merchant banking is a plus.

You have a deep understanding of EU and UK regulations, industry standards and best practices. In addition:

• Strong knowledge of Luxembourg AML/CFT and sanctions requirements applicable to CSSF-regulated financial sector professionals, ideally including experience with payment institutions, electronic money institutions, fintechs, correspondent/payment flows, trade-related payments, and corporate client risk.
• Experience dealing with Luxembourg regulatory expectations, CSSF requests, FIU reporting, suspicious activity reviews, customer exits, enhanced due diligence, sanctions escalation, and audit-ready case documentation.

• At least 5 years of relevant work experience / Financial Crime experience.

• Ability to escalate risks promptly and appropriately and/or failure of standards to be met, to management.

• Ability to analyse reports, identify failings and notify same together with recommendations for remediation.

• Ability to multi-task and work to tight deadlines.

• High ethical standards with the ability to handle sensitive and confidential matters with absolute discretion.

• You are fluent in English; with any European language as an excellent benefit to the team.

• Knowledge of the UK and EU regulatory environment and key financial crime regimes, and emerging trends. Any specialism in EU, UK or US sanctions regimes is a plus.

*In return for your hard work*

• Competitive Salary + Stock options (after 12 months) + Local Benefits
• Clear progression opportunities within a high-performance environment where results are recognised and rewarded
• Hybrid working setup in our wonderful city-centre office
• We foster non-BAU projects in our team, we want you to explore new avenues and expand your expertise to benefit your professional pathway & our teams
• And much, much more...

*Our commitment to you*

*We are an equal opportunities employer*

We make recruiting decisions based on your skills and experience. Our passion and focus will always be to work with the best people. We’re creating services for everyone, so it’s imperative we work with everyone. Our diverse team has been the foundations to our success in building more efficient products, making better decisions and establishing an inclusive place to work.