Job Description

Team

As Financial Crime Operations Manager you will report into the UK Head of Compliance, MLRO and DPO. Your main role will be to lead and manage the first line AML/KYC operations team and to support the UK MLRO by acting as an SME on all matters financial crime related.

As the Financial Crime Manager, you will play a crucial role in steering the daily AML operations to ensure an efficient and compliant onboarding of our customers as well as ensuring compliance with relevant regulations, implementing effective financial crime prevention measures, and managing a high performing financial crime function.

This position requires experience in steering a high performing operations team, a strong understanding of financial crime risks, knowledge of relevant legislation, and the ability to develop and maintain robust financial crime controls in a fast paced environment.

Your Responsibilities

• Lead and manage the first line UK AML/KYC operations team by steering the daily operations, proactive capacity planning, acting as a senior point of escalation within the team and managing the team effectively ensuring that SLAs are met and that effective training and feedback is provided where needed.
• Support the UK AML/KYC operations team with investigating suspicious activities, conducting internal investigations, and reporting findings to the relevant authorities including owning all relevant financial crime procedures.
• Act as the internal SME for all financial crime matters including supporting internal teams and projects as needed, in conjunction with the MLRO.
• Own and maintain effective QA procedures on KYC and financial crime prevention activities, and provide feedback and training to the team where necessary.
• Own and maintain a comprehensive financial crime risk management framework in accordance with FCA regulations, industry best practices (JMLSG), and internal policies including robust customer due diligence (CDD) and enhanced due diligence (EDD) processes to ensure compliance with anti-money laundering (AML) regulations and Know Your Customer (KYC) requirements.
• Own and maintain effective systems and controls to detect, prevent, and report suspicious activities, including transaction monitoring and sanctions screening, in conjunction with the UK MLRO.
• Own and maintain relationships with relevant external stakeholders, including law enforcement agencies, other financial institutions and third party AML providers.
• Conduct regular risk assessments to identify and evaluate potential financial crime risks, including money laundering, fraud, bribery, corruption, and terrorist financing.
• Prepare and submit regular reports to the MLRO and relevant committees on financial crime risks, mitigation measures, and the effectiveness of controls.
• Collaborate with internal stakeholders, including senior management, legal, and compliance teams, to ensure alignment of financial crime prevention strategies with business objectives.
• Oversee the provision of training and guidance to employees on financial crime prevention, raising awareness, and fostering a culture of compliance throughout the organisation.
• Monitor and analyse emerging financial crime trends, regulatory developments, and industry practices to ensure proactive risk mitigation strategies and to cascade these through the team and business as necessary.

Your Profile

• Proven experience in managing and steering a high performing operations team.
• Experience using third party KYC, Sanction screening and transaction monitoring tools and third party platforms.
• Bachelor\'s degree in finance, business, law, or a related field. A relevant professional qualification (e.g., CAMS, ICA, or equivalent) is highly desirable.
• Extensive experience (5+ years) in a similar financial crime management role within a UK FCA regulated financial services business.
• Strong knowledge of UK financial crime legislation and regulations, including the Proceeds of Crime Act (POCA), Money Laundering Regulations, Terrorism Act, and the JMLSG.
• Proven experience in developing and implementing effective financial crime risk management frameworks, policies, and procedures in small, fast paced organisations.
• In-depth understanding of AML/KYC requirements and industry best practices (JMLSG/ FCA reviews), including on customer due diligence and enhanced due diligence requirements.
• Demonstrated experience in leading and managing a high performing team, including setting clear objectives, providing feedback, and promoting professional development.
• Excellent written and analytical skills with the ability to identify and assess financial crime risks and propose appropriate mitigation strategies with a strong attention to detail.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with stakeholders at all levels of the organisation.
• High level of integrity, ethical conduct, and professionalism in dealing with sensitive financial crime matters.
• Proactive approach to staying updated on industry developments, emerging financial crime trends, regulatory changes, and cascading these throughout the team and business as appropriate.
• Ability to work independently, prioritise tasks, and meet deadlines to a high standard in a fast-paced and dynamic environment.

Join our mission, join our team - and grow with us!

At Raisin, we care about each other and it is one of our top priorities to foster an open and caring environment in which everyone feels welcome and comfortable. Our culture is strongly driven by our ambitious team, who are at the heart of our success.

As part of the Raisin UK team, you benefit from:

• Investment in your development with an annual personal training budget of \xc2\xa31,500 and 4 full training days per year.
• Access to Babbel for continuous learning.
• Always hungry? Breakfast, snacks, daily fresh fruit and drinks are at your disposal around the clock.
• We are hybrid working, we are in the office twice a week, giving the team the opportunity to collaborate and spend time together. Wednesday is our core day in the office.
• We offer 28 days + Bank Holidays of holiday a year
• One day birthday leave and gift voucher to celebrate your birthday.
• We offer you a company stakeholder pension.
• The opportunity to experience our annual retreats in exciting European cities and other team building events.

About us

We are Raisin, a dynamic and fast-growing fintech company that is a trailblazer for open banking in the savings and investments space.

As one of the most successful European fintech companies, we build award-winning marketplaces to help customers gain better access to competitive savings, investment, and pension products. Combined, our brands Raisin, WeltSparen, SaveBetter and Zinspilot, serve over half a million direct customers from over thirty European markets and the U.S.

Additionally, we partner with more than 400 banks and financial services providers to help them source stable and secure deposit funding and also enable them to offer third-party products to their customers.

We are backed by renowned international investors such as Deutsche Bank, Goldman Sachs, Greycroft, Headline/e.ventures, Index Ventures, Kinnevik, PayPal Ventures, Thrive Capital, Top Tier Capital Partners, Ribbit Capital, and Vitruvian Partners, as well as Peter Thiel.

We are headquartered in Berlin, and also have offices in Frankfurt, Hamburg, Munich, London, Madrid, Manchester and New York. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.

Raisin GmbH