Financial Crime Compliance Manager - DMLRO

Capital on Tap; London; Hybrid; GBP 40,000 - 80,000; Full time

Job description

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 (Shoreditch) Offices 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.

1. Support the MLRO in the development and ongoing management of our AML policies and procedures in line with statutory obligations and company risk appetite.
2. Provide expert guidance to first line operations and review escalations related to suspicious activity, sanctions, PEPs, adverse media, complex ownership and high risk customers.
3. Act as a subject matter expert for both current and emerging regulatory obligations ensuring our assessment and subsequent management of risk is appropriate and aligned to the company risk appetite.
4. Liaise with Law Enforcement, regulators and Partner Banks as a primary point of contact for investigations, reporting, audits and other ad hoc requests.
5. Develop targeted training for first line financial crime teams and customer facing operations.
6. Feed into the ongoing maintenance of onboarding and ongoing due diligence controls.
7. Liaise with second line assurance and third line audit functions to ensure framework and controls are effectively tested as appropriate.

We're Looking For Required skills:

1. Complex Investigation skills required whether it be from ownership structures at onboarding to unravelling complex transaction patterns.
2. Able to communicate effectively with stakeholders.
3. Able to manage multiple ongoing projects both within the FinCrime space and in product development.
4. Experience building out a second line Financial Crime Compliance team.
5. Ability to maintain external awareness of the regulatory environment, ensuring risk assessment and policies and procedures are updated as required.
6. Previous management experience within Financial Crime and appropriate industry accreditation such as ICA Diploma or ACAMs.

Nice to have skills:

1. Strong presenting skills, able to break complex subject matter down into simple terms.
2. Experience with SQL and strong Excel skills are highly desirable.

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 Team Manager (Video call) and case study which would be shared ahead of the interview to be discussed.
Final stage: 60 minute technical assessment with Head of Department (In person) and 30 minute interview with Executive Leadership.

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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.)