FinCrime Manager (Group Sanctions)

Revolut

Revolut

Portugal · Spain · Romania · Poland · Portugal · Spain · Remote
Posted on Wednesday, June 26, 2024

About Revolut

People deserve more from their money. More visibility, more control, more freedom. And since 2015, Revolut has been on a mission to deliver just that. With an arsenal of awesome products that span spending, saving, travel, transfers, investing, exchanging and more, we've helped 45+ million customers get more from their money. And we're not done yet.

As we continue our lightning-fast growth,‌ two things are essential to continuing our success: our people and our culture. We've been officially certified as a Great Place to Work™ in recognition of our outstanding employee experience! So far, we have 10,000+ people working around the world, from our great offices or remotely, on our mission. And we're looking for more. We want brilliant people that love building great products, love redefining success, and love turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role

Financial Crime Compliance is a key team that ensures Revolut’s products and processes meet global AML/CTF regulatory requirements and translate these into the best customer outcomes.

They’ve got an outstanding ability to find solutions and carry out testing in a purely digital environment. Those data-driven experts know that better people and machines are the most effective way of managing compliance risk 🎯

We're seeking an intelligent, dynamic, innovative, and driven Financial Crime Compliance Manager to be part of the Group FinCrime Compliance team in the 2nd Line of Defence. You'll be supporting the Global Head of FinCrime Compliance to provide the necessary oversight over all things FinCrime (AML, CTF, Sanction, and Fraud) across all of Revolut’s entities and maintain the desired global minimal standards of control effectiveness.

This position is critical to support the growth of Revolut’s business and will be the focal point for all activity within Revolut relating to FinCrime. We're committed to the highest standards of control, governance, and independent oversight, so we're searching for someone with extensive experience in the financial industry and proven experience in a compliance function that's excited to design, lead, and shape the future of oversight and compliance.

Up for the challenge? Let's get in touch.

What you’ll be doing

  • Providing effective oversight of 2LOD regional and local MLRO teams, and 1LOD FinCrime teams over sanctions and screening-related matters
  • Supporting the implementation of Group Standards relating to sanctions globally, across the organisation
  • Developing and enhancing Sanction policies and procedures
  • Tracking and interpreting regulatory developments in Sanctions to ensure policies, processes, and controls are up-to-date and compliant
  • Providing oversight and support to the identification, remediation, and resolution of FinCrime related risk incidents
  • Assisting senior management in defining group standards to manage financial crime risks, and ensuring these standards are applied across the organisation
  • Supporting the business with the launch of products to ensure Financial Crime Compliance requirements and industry standard practices are met
  • Updating FinCrime training provided to employees
  • Actively participating in FinCrime related governance committees to effectively check and challenge initiative owners, identifying potential issues and proposing solutions that align with industry standard practices
  • Establishing, maintaining, and reviewing dashboards on an ongoing basis to identify areas that fall outside of risk appetite and require further investigation
  • Preparing reports for senior management, escalating any key or high-risk financial crime compliance issues within our existing governance structure
  • Promoting a culture of compliance within the organisation

What you'll need

  • Strong knowledge and experience of best practices in managing Sanctions risks
  • Good knowledge of main sanctions regimes and respective reporting requirements (OFAC, UKHMT, UNSC, EU, etc.)
  • Experience performing sanctions risk assessments
  • 3-5 years of experience in a sanctions advisory role
  • An understanding of industry-wide financial crime practices and trends
  • Strong knowledge and experience identifying financial crime risks and potential vulnerabilities, and advising on best practices to effectively and efficiently address those findings
  • An understanding of the importance of the customer experience
  • Experience making business oriented recommendations to ensure compliance with key requirements
  • A proven track record of stakeholder management with the ability to collaborate, negotiate, and communicate effectively with stakeholders
  • The ability to be flexible and prioritise quickly
  • Experience working in a fast-paced environment
  • The ability to analyse data and draw conclusions to make recommendations
  • Fluency in English with excellent verbal and written communication skills
  • Strong problem-solving and analytical skills
  • Creativity, an entrepreneurial spirit, and the desire to work in a growing and changing environment

Nice to have

  • A professional qualification from an internationally recognised body (e.g. ICA or ACAMS)
  • Knowledge and understanding of anti-financial crime frameworks, AML/CTF, and Sanctions policies
  • Specific experience in FinCrime areas, such as KYC/KYB, CDD/EDD, Transaction Monitoring, Reporting (SARs/STRs), etc.

Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

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