MLRO

Who We Are

We are a rapidly growing, B Corp-certified Corporate Services Group, led by a visionary founder and CEO. Committed to the highest standards of social and environmental performance, accountability, and transparency, we create sustainable value for our clients, employees, and the wider community.

With a customer base exceeding 500,000 and consistent year-on-year growth of 20%, we are redefining the business services landscape. From company formation and legal support to accountancy services and virtual offices, we provide end-to-end solutions that enable businesses to start, scale, and succeed. Profitable, innovative, and relentlessly client-focused, we are on a mission to support modern businesses with purpose and impact.

We are looking for talented, motivated individuals who are inspired to contribute to a purpose-driven, high-performing organisation.

Job Summary

We are seeking a highly experienced and proactive Money Laundering Reporting Officer (MLRO) to lead our AML and compliance framework. This role requires a seasoned compliance professional with deep expertise in anti-money laundering regulations, strong operational execution skills, and demonstrated leadership in fast-paced environments.

The successful candidate will oversee the day-to-day operations of the compliance function, manage a high volume of AML processes, and mentor and develop a team of junior compliance professionals. This is a hands-on leadership role that blends operational management with strategic oversight to ensure our organisation consistently meets the highest regulatory and governance standards.

What You’ll Own & Lead

• Lead and manage the day-to-day operations of the London compliance team
• Serve as the registered MLRO, with responsibility for suspicious activity reporting and regulatory engagement
• Oversee and optimise AML processes to efficiently handle high volumes of customer onboarding and transactional activity
• Ensure compliance with all relevant regulatory obligations and internal AML requirements
• Own throughput management to ensure timely and accurate processing of AML-related tasks
• Deliver training, coaching, and ongoing supervision to junior compliance staff
• Collaborate with senior stakeholders to support continuous improvement of compliance frameworks, systems, and controls
• Monitor and report on key operational performance metrics and compliance KPIs
• Maintain up-to-date knowledge of evolving AML regulations, industry developments, and best practices
  
  

What You Bring To The Table

• Proven experience in AML compliance within a regulated environment
• Experience an MLRO or Deputy MLRO
• Strong understanding of end-to-end compliance operations and KYC/AML processes
• Demonstrated ability to manage high volumes of AML reviews and throughput effectively
• Previous experience in line-managing and developing junior compliance staff
• Excellent organisational and time management skills, with the ability to prioritise under pressure
• A practical, solutions-focused mindset with attention to regulatory detail
• Strong communication skills and the confidence to engage with internal and external stakeholders
• Experience working with compliance tools and technologies, such as AML monitoring systems and case management platforms
• A proactive, hands-on approach to continuous process improvement
• Up-to-date knowledge of AML regulations and industry best practices
• Bachelor’s degree (Law degree a plus)
  
  

Who You’ll Be Working With

You’ll be surrounded by passionate, talented changemakers with big ambitions—not just for our business but for our world. Our teams are based remotely and on-site in London and Glasgow, and you’ll be the critical cultural connector between them all. We're a company striving for best-in-class service through empathy, integrity, and innovation—and we want you to be the voice and leader who helps us get there.

Remuneration And Benefits

• 25 days annual leave, plus 8 public/bank holidays
• 2 paid Volunteering Days per year with our charity partner.
• Annual cost-of-living salary increase
• Cycle to Work Scheme
• Dog-friendly office
• Indoor bicycle storage, changing and shower facility
• Free soft drinks and bean-to-cup coffee all day
• Free Wednesday lunches
• Free fresh fruit - daily
  
  

Equal Opportunities

1st Formations is an equal opportunity employer and is committed to creating a diverse and inclusive workplace. We consider all applicants for employment without regard to race, colour, religion, sex, national origin, sexual orientation, age, citizenship, marital status, criminal history, disability, or gender identity. We encourage individuals from all backgrounds to apply. If you have a disability or special need that requires accommodation, please let us know.