What we need
Revolut is seeking an experienced MLRO to ensure that the Financial Crime and Anti-Money Laundering Control Frameworks of Revolut are fully integrated and operating effectively against money laundering and relevant regulations.
This position is critical to support the growth of Revolut’s business and will be the focal point for all activity within Revolut relating to anti-money laundering.
This role will require the development and maintenance of Revolut’s compliance strategies and relevant policies, and ensure their rigorous implementation across all functions within the business, while guaranteeing sustained regulatory compliance.
The MLRO will have the level of authority, independence and support to properly carry out his or her responsibilities.
We are searching for someone with extensive experience in the financial industry and proven experience in a compliance function that is excited to design, lead and shape the future of oversight and compliance.
Strong problem solving, operational process and analytical skills is a must as is experience with regulators and the regulatory exam process in financial institutions.
This role will demand high-levels of energy and creativity, an entrepreneurial spirit and the desire to work in a growing and changing environment.
The role will drive implementation of compliance control as highlighted in the AML and Compliance Risk Assessments and include a broad set of cross-functional responsibilities to ensure that all personnel are properly trained, processes are scalable, and metrics are accurately reported.
You will be expected to identify money laundering risk and maintain our systems and controls, considering a range of factors, including our :
Processes and systems
Ensuring all financial-crime-related regulatory reporting obligations are fulfilled In addition, the Compliance Officer is responsible for supporting the local CEO (or AML responsible Member of the Board) in advising the Board.
What you'll be doing
Defining, developing, managing, refining and documenting the Financial Crime and AML Program to manage all sources of regulatory risk and provide reporting which meets the needs of the regulator, local and Group management.
Working closely with the the Group FinCrime function and other senior managers across the business to identify, assess, update and mitigate the regulatory compliance risks posed to Revolut and determining the priorities and resources required to effectively control them.
Determining identification and verification standards for customer take-on and AML compliance
Managing the suspicious activity reporting process, internally and externally; Communicating with all necessary staff to ensure they understand their responsibilities and are trained in Revolut policies and procedures to identify financial crime, escalate suspicious activity by making internal reports and make external reports to the regulators and other law enforcement bodies in a timely manner.
Receiving and promptly responding to enquiries from law enforcement agencies.
Continuously developing, enhancing and embedding the financial crime and AML risk framework for managing key regulatory risks across the firm, ensuring that all processes are fit for purpose.
A little about us When Revolut was founded in 2015, we had a vision to build a sustainable, digital alternative to traditional big banks.
Our mission now is to help our customers improve their financial health, empower them to have more control, and promote financial cohesion across the communities in which we operate.
Launching into 2020 with 10 million Personal customers and over a quarter of a million Business customers only reinforced our belief in the vast need across the world for better financial services.
we closed it out with 2000.
What we’re looking for Revolut is being scaled up by people all around the world who share our vision. We’re looking for people who align with our four core values : we Never Settle, we Get It Done because we Think Deeper and we’re Stronger Together.
You’re the kind of person who wants to join a community of forward-thinking people, all personally and professionally invested in Revolut’s mission.
You thrive in a collaborative space where everyone’s learning from each other, and learning fast. We believe in empowering our Revoluters in their work, giving them autonomy and ownership of what they do.
We want everyone at Revolut to own their story and their successes - working with us means you’re not just another cog in the machine.
Biannual equity bonuses
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