Financial Crime Compliance Manager - DMLRO
Join to apply for the Financial Crime Compliance Manager - DMLRO role at Capital on Tap
Financial Crime Compliance Manager - DMLRO
Join to apply for the Financial Crime Compliance Manager - DMLRO role at Capital on Tap
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We're Capital on Tap
Capital on Tap was founded with the mission to help small business owners and make their lives easier. Today, we provide an all-in-one business credit card & spend management platform that helps business owners save time and money. Capital on Tap proudly serves over 200,000 businesses across the world and our goal is to help 1 million small businesses by 2030.
We're Capital on Tap
Capital on Tap was founded with the mission to help small business owners and make their lives easier. Today, we provide an all-in-one business credit card & spend management platform that helps business owners save time and money. Capital on Tap proudly serves over 200,000 businesses across the world and our goal is to help 1 million small businesses by 2030.
Why Join Us?
We empower you to be innovative and solve complex problems. Take ownership, make an impact, and thrive in our scaling and agile environment.
This is a Hybrid role, the Financial Crime Compliance team working from our London (Old Street) office 3 days per week.
Financial Crime Compliance at Capital on Tap
The Financial Crime function within the broader Risk and Compliance team is responsible for the ongoing management of the company's Financial Crime policies, procedures and controls. This includes risk assessment and ongoing assurance of AML compliance, business advisory and management of high risk customer and suspicious activity escalations.
What You'll Be Doing
You will deputise for the MLRO, managing a team of three Financial Crime Compliance Professionals. Providing advice to first line operational functions and other areas of the business as appropriate.
* DMLRO: Support the MLRO in the development and ongoing management of our AML policies and procedures in line with statutory obligations and company risk appetite
* Operational excellence: Provide expert guidance to both 1LoD and 2LoD operations and review escalations related to suspicious activity, sanctions, PEPs, adverse media, complex ownership and high risk customers
* SME: Act as a SME for both current and emerging regulatory obligations ensuring our assessment and subsequent management of risk is appropriate and aligned to the company risk appetite on an ongoing basis
* External stakeholders: Liaise with Law Enforcement, regulators and Partner Banks as a primary point of contact for investigations, reporting, audits and other ad hoc requests
* Internal stakeholders: Establish strong relationships with applicable stakeholders and become the go to person for FC advisory within the business
* Training: Develop targeted training for 1LoD and 2LoD financial crime teams and other parts of the business
* MI: Establish and maintain a MI framework and highlight financial crime risks to the business on an ongoing basis
* Controls: Feed into the ongoing maintenance of onboarding and ongoing due diligence controls. Bring hands on experience to assess and update existing controls to at a minimum industry standard
* Assurance: Liaise with second line assurance and third line audit functions to ensure framework and controls are effectively tested as appropriate periodically
We're Looking For
Required skills:
* A solid understanding of complex ownership structures for SME businesses in the UK and US as a minimum.
* Complex Investigation skills required whether it be from ownership structures at onboarding to unravelling complex transaction patterns on an ongoing basis
* Able to communicate effectively with stakeholders at every level in the organisation
* Able to manage multiple ongoing projects both within the FinCrime space and in product development.
* Experience in building out a second line Financial Crime Compliance team.
* Ability to maintain external awareness of the regulatory environment, ensuring risk assessment and policies and procedures are updated as required.
* Previous management experience within Financial Crime and appropriate industry accreditation such as ICA Diploma or ACAMs.
Nice to have skills:
* Strong presenting skills, able to break complex subject matter down into simple terms.
* Experience with SQL and strong Excel skills
Diversity & Inclusion
We welcome, consider and encourage applications from anyone who shares our commitment to inclusivity. Join us in creating a space where authenticity thrives, and everyone can do their best work.
Great Work Deserves Great Perks
We try not to take ourselves too seriously (all the time) so we make sure our office is decked out with a pool table, arcade machine, beer tap, and a couple of office dogs thrown in for good measure. Check out our benefits:
Private Healthcare including dental and opticians services through Vitality
️ Worldwide travel insurance through Vitality
Anniversary Rewards (£250, £500, £750, 4-week fully paid sabbatical)
Salary Sacrifice Pension Scheme up to 7% match
️ 28 days holiday (plus bank holidays)
Annual Learning and Wellbeing Budget
Enhanced Parental Leave
Cycle to Work Scheme
Season Ticket Loan
6 free therapy sessions per year
Dog Friendly Offices
Free drinks and snacks in our offices
Check out more of our benefits, values and mission here.
Interview Process
First stage: 30 minute intro and values call with Talent Partner (Video call)
Second stage: 45 minute CV overview with FinCrime Assurance Lead (Video call)
Third stage: 1 hour interview with our MLRO, including a SAR-based scenario/case study (In person)
Final stage: 45m interview with UK Compliance Director and CRO, and 30 minute interview with Executive Leadership
Other Info
Check out our 'Top Tips' for interviewing.
️Keep updated on new job opportunities by following us on Linkedin.
Email careers@capitalontap.com if you have any questions.
Excited to work here? Apply!
If you'd like to progress your career within our fast growing, profitable fintech then click apply and we will aim to get back to you within 3 working days (during busy periods this could take up to 5 working days.)
Seniority level
* Seniority level
Mid-Senior level
Employment type
* Employment type
Full-time
Job function
* Job function
Legal
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