Financial Crime Subject Matter Expert (SME) - Corporate Segment
Finom
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See open jobs at Finom.See open jobs similar to "Financial Crime Subject Matter Expert (SME) - Corporate Segment" General Catalyst.Accounting & Finance
Amsterdam, Netherlands
Posted on Jul 29, 2024
About Finom
Finom is a European tech startup headquartered in Amsterdam—and we’re on a journey towards revolutionizing the financial landscape for entrepreneurs worldwide. Our mission is to develop an all-in-one financial B2B solution that integrates banking functions, accounting, financial management, and invoicing into a seamless, mobile-first platform.
Over the past two years, our team has fuelled exponential growth, securing $50 million in investments and propelling us into hyper-growth mode. We’re on track to become a unicorn start-up by 2025, backed by global funds like General Catalyst (known for supporting Airbnb, HubSpot, KAYAK, and Stripe). Finom has expanded its reach across 10+ EU countries, with a strong presence in key markets like Germany and France.
At Finom, we’re not just redefining the entrepreneurial experience—we’re empowering our employees to make a real difference. Your work matters, and your impact extends far beyond product metrics. We nurture innovation and an inspiring work environment where bold ideas thrive, prioritizing thorough research, swift implementation of solutions, and ensuring that every effort we make benefits our users, employees, partners, and our business as a whole.
Maintaining our start-up spirit, we prioritize thorough research, swift implementation of solutions, and ensuring that every effort we make benefits our users, employees, partners, and, of course, our business.
We are seeking a highly motivated and experienced Financial Crime Subject Matter Expert to join our innovative and dynamic Risk and Compliance team. In this role, you will be responsible for the 2nd Line of Defence activities in relation to Finom’s Corporate B2B segment. Are you keen on redefining how Financial Crime is done in the financial industry? Do you thrive in a fast-paced, compliance-focused environment? Then this is an excellent opportunity to make a significant impact.
What You Will Be Doing
- Establish the requirements for Enhanced Customer Due Diligence on complex corporate customers and continuously test the existing framework to improve key business metrics - time to account, and conversion rates while remaining compliant with the applicable AML framework.
- Create guidance materials and host regular training for the CDD team in relation to complex corporate customers and various industry specifics.
- Assemble and ensure continuous enrichment of the library of fin crime scenarios (Money Laundering, Terrorism Financing, Sanctions Evasion) relevant to the customers in the corporate segment.
- Active participation in improving the Transaction Monitoring and CDD Risk engine by producing business requirements for new features (implementation of scenarios library into specific transaction monitoring techniques)
- Responsible for ongoing improvement of the efficiency and effectiveness of processes in the 2nd Line of Defence in relation to the corporate customer segment, as well as effective communication with the CDD and Account Management & Sales Teams.
- Participation in the annual SIRA review cycle.
- Assist in drafting, testing, and reviewing system requirements for new fincrime-related features, as well as procedures and manuals within the department.
- Work closely with machine learning engineers in the team on creating rules and detectors in TM based on advanced statistical and machine learning techniques to detect Financial crime (money laundering, terrorism financing, fraud), and participate in the model validation.
- Initiate and take responsibility for ad hoc project work within the department.
- Performing other duties as reasonably required for the operational efficiency of Finom (pro-actively deemed necessary by the employee) or/and as communicated by the manager.
Who you are?
- 2 years of proven experience in the 2nd of Defense: Anti Financial Crime or Compliance Department, in a regulated financial institution or 3 years in the first line.
- Thorough and specific knowledge of typologies of money laundering, terrorism financing, sanctions, and fraud.
- Detail-oriented and highly motivated self-starter.
- Critical and analytical thinking.
- Start-up oriented, proactive, result-driven, and capable of working under own initiative and little supervision.
- English – full working proficiency.
The interview process:
1. 30 minute interview with the recruiter
2. Hiring Manager interview (1 hour)
3. Case task and personality test
4. Final interview with department lead
What You Will Get In Return
Make a genuine impact on the product
Join our upward trajectory, and grow with us. We provide the resources and opportunities for continuous personal and professional development, empowering you to make a genuine impact on our evolving product.
Work in the EU
Embark on this exciting journey with us, working from our elegant offices in Paphos (Cyprus) and Amsterdam (the Netherlands), with upcoming hubs in Poland and Spain. Enjoy the flexibility of traveling and working in a remote/hybrid model across Europe.
Become a stock options holder
Unlock your inner entrepreneur and align your aspirations with ours through our Stock Options Program. This exciting opportunity is available to every team member, from junior team members to our founders.
Receive unwavering support and care
Finom stands by you at every step, embodying our commitment to your well-being and success reflected in our modern, friendly, and eco-conscious corporate culture. We offer constant support and care to ensure your Finom experience is successful and fulfilling.
Work & Swim program
Immerse yourself in our exclusive Work & Swim Program. Spend one month in a comfortable corporate apartment in enchanting Cyprus. It's the ideal opportunity to strike the perfect work-life balance while enjoying breathtaking Mediterranean views.
Equal Opportunity Statement
At Finom, we're an equal opportunity employer and value diversity at our company. We embrace diversity and invite applications from all walks of life. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, disability status, or other applicable legally protected characteristics.
This job is no longer accepting applications
See open jobs at Finom.See open jobs similar to "Financial Crime Subject Matter Expert (SME) - Corporate Segment" General Catalyst.