Senior Anti-Money Laundering Officer

Requirements

• If you love solving problems and making a real-world impact, this could be your next big move
• 8+ years of progressive experience in a financial crime management position within a highly regulated financial institution (e.g., banking, investment management, FinTech). A detailed and up-to-date understanding of the UK and EU AML regulatory environment, including knowledge of key legislation, directives, and international standards (e.g., FATF recommendations)
• German and English language skills are essential with European languages (such as French and Spanish) desirable
• Strong collaboration and communication skills ideally within a start up or scale up environment
• Proven ability to proactively horizon scan for impending regulatory changes, interpret their implications, and translate new requirements into actionable policy and procedural developments. Experience in conducting thematic reviews of AML risks across different business areas and owning the development and implementation of comprehensive AML policies
• Strong analytical skills and a deep understanding of AML risk identification methodologies, including inherent and residual risk assessments. Ability to strategically align AML frameworks with overall business objectives while ensuring robust risk management. Technical understanding of AML risks inherent in various financial products and services
• Highly developed analytical skills for detailed reporting, trend analysis, and data interpretation. Deep understanding of relevant IT systems used in AML, including screening solutions (e.g., sanctions, PEP), fraud monitoring systems, risk management platforms, and reporting tools, as well as their interrelationships and data flows

What the job involves

• We're on the lookout for an anti-financial crime compliance specialist who see rules not as red tape, but as the rails that help us go further, faster, ensuring alignment with regulatory requirements and industry best practices
• Upvest specialises in making investments accessible to retail investors on a large scale. Joining an existing team of 3, this role will involve implementing the AML compliance framework, as well as steering the broader AML processes within different business functions (product, operations, growth, etc)
• You'll be instrumental in safeguarding our organisation from financial crime, ensuring we maintain the highest standards of regulatory compliance and operational integrity
• Regulatory Obligations: Ensure full compliance with all local, national, and international AML laws, regulations, and guidelines. This encompasses staying abreast of evolving regulatory landscapes and proactively adapting internal policies and procedures to meet new requirements. This person should be willing to assume the AML Officer responsibilities in Germany and EU branches, and communicate with regulators, auditors and other external stakeholders on AML matters
• Operational Responsibilities: Oversee the day-to-day operational execution of AML policies and procedures. This includes supervising customer due diligence (CDD) processes, transaction monitoring, and the investigation of suspicious activities
• Teamwork: Foster a culture of compliance and continuous improvement, ensuring that team members possess the necessary knowledge, skills, and resources to effectively carry out their responsibilities
• Framework, Policy, and Oversight: Design, develop, and review the group's AML Framework and Policy, establishing AML risk appetite, and advising on AML controls for new products/services
• Monitoring, Testing, and Reporting: Monitor financial crime prevention measures, conduct independent AML compliance testing, report findings, and provide regular MI reporting
• Quality Assurance, Policy Maintenance, and Training: Implement QA for 1st Line AML activities, maintain and update AML policies, develop and deliver AML training, and remediate deficiencies