The Institute MLRO Mentorship Scheme is designed as a platform to cultivate excellence, foster professional growth and inspire collaboration. We believe that knowledge and experience shared today can shape the leaders of tomorrow. The Mentorship Scheme offers a fantastic opportunity for both experienced MLROs and emerging talent to engage, learn, and grow together.
Acting as a Mentors
As a mentor, you have the chance to make a significant difference to the professional development of a newly appointed MLRO. This is a rewarding and enriching experience, where you can impart your wisdom and expertise, but also learn from fresh perspectives. To ensure the highest quality of mentorship, we are seeking mentors with extensive experience in financial crime prevention. We have a robust selection process, led by a dedicated panel of experts, ensuring mentors are chosen for their knowledge, skills and commitment to supporting others.
Training and Support for Mentors
We understand the critical role our mentors play and are committed to providing them with all necessary support to succeed. As a mentor, you'll have access to a wealth of resources on our website, including guides, tips, and articles to help you effectively mentor your mentee. Additionally, we organise a Mentor’s Support Group that meets regularly, offering a space to share experiences, gain advice, and learn from each other.
Recognition of Participation
The Mentorship Scheme is an enriching journey, and we believe in acknowledging every step of it. Both mentors and mentees are recognised at our Annual Conference, giving you an opportunity to share your experiences and learnings with a wider audience. Moreover, participation in the Mentorship Scheme also contributes to your Continuing Professional Development (CPD) points, further demonstrating our commitment to your ongoing professional growth.
In addition, Mentors are eligible for free membership with The Institute (worth £250) and free entry to our annual conference (worth £500) throughout the duration of their active mentorship.
Eligibility
The MLRO is a senior role in financial services and other industries subject to the Money Launder Regulations. The role has its unique challenges we believe only other MLROs will understand. To be a mentor to an MLRO, you must currently hold, or have previously held the MLRO position.
If you are ready to become a mentor to a newly appointed MLRO, simply complete the form below and a member of The Institute committee will reach out to you to discuss next steps.