Money Laundering Reporting Officer (MLRO)
Job Description
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!
What you'll be doing:
The MLRO leads, manages and oversights all Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and Sanctions-related activities. This role ensures the consistent execution of the firm's financial crime framework in line with applicable regulatory obligations, internal standards, and global best practices.
The MLRO will lead to operational effectiveness, QA processes, and regulatory readiness, actingas a lead advisor within the Financial Crime team and a key contributor to governance forums.
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:
- Support the design, implementation, and enhancement of AML/CTF policies, procedures, and controls, ensuring alignment with FSRA, the Group, and international standards.
- Maintain oversight of compliance with AML laws, regulations, and codes of best business practice, providing updates to senior management and governance committees.
- Lead risk assessments to identify and mitigate emerging financial crime threats, including customer, product, geography, and delivery channel risks.
- Support the development of financial crime risk metrics and dashboards for internal reporting and regulatory submissions.
- Conduct thematic reviews and provide challenge and assurance on the effectiveness of the control environment.
- Oversee the Level 2 review process for transaction monitoring alerts and name screening escalations.
- Ensure Internal SARs are documented accurately, filed timely, and meet local regulatory expectations.
- Provide input into system calibration, scenario testing, and optimization of monitoring tools.
- Supervise the quality of KYC, EDD, and periodic reviews with a focus on high-risk customer populations.
- Identify training gaps and propose control enhancements based on QA outcomes.
- Act as the lead liaison for internal audits, regulatory inspections, and external assurance activities.
- Deliver tailored AML training and briefings to first and second-line teams, reinforcing a strong compliance culture.
- Support whistleblowing, gifts and hospitality register monitoring, and internal breach reporting reviews.
- Prepare and present financial crime reports for senior management, the Risk & Compliance Committee, and relevant regulatory bodies.
- Contribute to strategic projects within the financial crime context.
- Ensure that financial crime data, documentation, and systems are audit-ready and
- secure.