Compliance Officer

About Revolut

People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products including spending, saving, investing, exchanging, travelling, and more help our 50+ million customers get more from their money every day.

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

About The Role

Financial Crime and Regulatory Compliance are key teams that ensure Revolut's products and processes meet global AML/CTF regulatory requirements and translate these into the best customer outcomes.

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

This position is critical to supporting the growth of Revolut's business and will be the focal point for all activity within Revolut relating to FinCrime and Regulatory Compliance. We are searching for someone with extensive experience in the financial industry and proven experience in a compliance function that is excited to shape the future of oversight and compliance.

What You'll Be Doing

• Supporting the Head of Compliance (UAE) to provide effective oversight of 2LOD regional and local MLRO teams and 1LOD FinCrime teams.
• Maintaining and updating FinCrime and Regulatory Compliance policies.
• Providing oversight and support to the identification, remediation, and resolution of FinCrime-related risk incidents.
• Providing 2LOD support to the business.
• Assisting 1LOD FinCrime teams with the launch of products, procedures, processes, and systems.
• Establishing, maintaining, and reviewing dashboards on an ongoing basis to identify areas that might fall outside of risk appetite and require further investigation.
• Working closely with global Regulatory Compliance Managers to ensure that local risk management frameworks and processes are aligned with global ones and deliver the intended outcome.
• Identifying regulatory issues proactively and recommending remedies to promote compliance.
• Preparing responses to ad hoc regulatory requests, ensuring the highest reporting standards are maintained.

What You'll Need

• 4+ years of FinCrime (AML/CTF and Sanctions) and regulatory compliance experience, covering a wide range of subjects across retail and business customer bases, such as KYC, CDD/EDD, Transaction Monitoring, Risk Assessments, and Reporting (SARs).
• Experience in compliance risk management within a consultancy, compliance function, or regulator.
• Knowledge of UAE financial services regulations, covering onshore and financial freezone regulators.
• Knowledge and understanding of global anti-financial crime frameworks, regulatory recommendations, risk management good practice, and control arrangements in a complex financial organisation.
• Excellent knowledge and experience identifying financial crime risks and potential vulnerabilities, and advising on best practices to effectively and efficiently address those findings.
• The ability to analyse data and compliance processes to draw conclusions and make recommendations.

Nice to have

• Direct experience working with local UAE regulators like CBUAE, DIFC, DFSA.
• Experience covering ADGM, and FSRA regulations as well.

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 every day. 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.