Deputy Money Laundering Reporting Officer

About the role

The Deputy Money Laundering Reporting Officer (Deputy MLRO) supports the MLRO in ensuring full compliance with Mauritius AML/CFT regulations, including the Financial Intelligence and Anti‑Money Laundering Act and related FSC requirements. This role is essential for managing financial‑crime risk, maintaining robust controls, and delivering accurate regulatory reporting.

Key responsibilities

• Assist the MLRO and Compliance Officer in implementing and maintaining the firm’s AML/CFT framework in line with the Financial Services Act, Securities Act, FIAMLA, FSC rules and FATF recommendations.
• Act as the designated alternate to the MLRO during periods of absence.
• Conduct customer risk assessments, perform CDD, EDD and ongoing monitoring, and assess source of funds and wealth for high‑risk clients.
• Review onboarding applications, especially those involving PEPs, sanctions matches, adverse media, or high‑risk jurisdictions, and escalate as needed.
• Perform sanctions and adverse‑media screening, investigate transaction‑monitoring alerts, and prepare case files and recommendations for the MLRO.
• Assist in drafting Suspicious Transaction Reports (STRs) and supporting documentation for the FIU.
• Maintain AML/CFT registers, including PEP, sanctions, high‑risk customer, and suspicious activity logs.
• Support regulatory inspections, audits and information requests from the FSC, FIU and other authorities.

Required profile

• Strong knowledge of Mauritius AML/CFT regulatory framework and international FATF standards.
• Experience in conducting customer due diligence, risk assessments and transaction monitoring.
• Ability to analyse complex financial data and identify suspicious patterns.
• Excellent written and verbal communication skills for preparing reports and liaising with regulators.
• Detail‑oriented with a commitment to maintaining accurate compliance records.

Required skills

• AML/CFT policy implementation
• Customer due diligence (CDD/EDD)
• Sanctions and adverse‑media screening
• Transaction monitoring and investigation
• Regulatory reporting and STR preparation