Financial Crime Manager
eFinancialCareers
Financial Crime Manager
4 March by eFinancialCareers
Financial Crime Manager - Quality, Risk and Change
Edinburgh
We are looking to hire ambitious, and value-adding talent to join Modulr, the fastest growing payments business in the UK and Europe, to drive fraud processing, whilst leading and managing a team to drive efficiency and high service standards.
We are looking for an Edinburgh based candidate to leverage our Office First" strategy but the team is based across various locations and will support both our UK and European entities.
About us
At Modulr, our vision is a world where all businesses are powered by embedded payments. Modulr enables businesses, from SMEs to Enterprise, initially across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment schemes, accounts, and card products.
We have created an industry-leading API platform with comprehensive online tools and access, to meet the demands of daily business payments. We have two routes to market. Our Core Business Payments product allows customers in any sector to connect to us and our expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS to automate payments. Our Vertical Solutions targets a growing range of industry verticals which directly connect their IT platforms to our APIs and webhooks. We solve complex payment problems for hundreds of clients in a range of industries, including Travel, Lending, Wage Advance, and Investment & Wealth.
We are deeply integrated into the payment eco-system. In the UK, we are direct participants of Faster Payments and Bacs. Modulr hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in multiple currencies. We are principal issuing members of Visa and Mastercard schemes across UK and Europe.
Our regulatory permissions and governance structure are the foundations of our business. We are regulated and supervised as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank.
Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by the venture arms of payments giants PayPal and FIS , as well as growth investors Blenheim Chalcot , General Atlantic , Frog Capital and Highland Europe .
Modulr now has over 400 employees spread globally across offices in London, Edinburgh, Amsterdam, and Mumbai.
Modulr values
The Financial Crime Operations function executes processes to mitigate risks to Modulr as they relate to Money Laundering/Terrorist Financing, Fraud, Sanctions, and other Financial Crime risks (such as Anti-bribery & Corruption).
An essential part of any operation, but especially first line risk functions, is to ensure the teams have consistent, good quality, processes & procedures that set out how we do things and that also highlight operational risks, and the control environment employed to mitigate them. These are then supplemented with training material and a quality & competency framework.
The Financial Crime Manager (Quality, Risk and Change) will be responsible for ensuring operational documentation is in place, up to date, relevant and reflective of the function, it's responsibilities, activities and controls. In addition, this team will develop, manage and maintain a quality framework, including carrying out quality assurance activities.
The Quality, Risk and Change team will drive continuous improvement for the Financial Crime Operations function ensuring continual focus on efficiency and effectiveness. In addition, the team will represent the function on all significant change initiatives or business-wide projects and programmes.
As an area of considerable focus in the industry, this is a fantastic opportunity for someone to help shape and deliver a market leading proposition which protects Modulr, our clients and broader payment service users. The ability to deliver through effective operational management, stakeholder engagement and clear reporting, while taking an analytical approach to changing complexities are key factors for success in the role.
Specific duties:
Edinburgh
- Are you curious, excited by experimentation and always looking for a better way of doing things?
- Do you want to keep learning and developing whilst getting hands-on experience working in the embedded payments space?
- Do you want to have the opportunity to high-growth environment with a fast-paced and collaborative culture where you will work with some fantastic clients and partners?
We are looking to hire ambitious, and value-adding talent to join Modulr, the fastest growing payments business in the UK and Europe, to drive fraud processing, whilst leading and managing a team to drive efficiency and high service standards.
We are looking for an Edinburgh based candidate to leverage our Office First" strategy but the team is based across various locations and will support both our UK and European entities.
About us
At Modulr, our vision is a world where all businesses are powered by embedded payments. Modulr enables businesses, from SMEs to Enterprise, initially across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment schemes, accounts, and card products.
We have created an industry-leading API platform with comprehensive online tools and access, to meet the demands of daily business payments. We have two routes to market. Our Core Business Payments product allows customers in any sector to connect to us and our expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS to automate payments. Our Vertical Solutions targets a growing range of industry verticals which directly connect their IT platforms to our APIs and webhooks. We solve complex payment problems for hundreds of clients in a range of industries, including Travel, Lending, Wage Advance, and Investment & Wealth.
We are deeply integrated into the payment eco-system. In the UK, we are direct participants of Faster Payments and Bacs. Modulr hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in multiple currencies. We are principal issuing members of Visa and Mastercard schemes across UK and Europe.
Our regulatory permissions and governance structure are the foundations of our business. We are regulated and supervised as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank.
Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by the venture arms of payments giants PayPal and FIS , as well as growth investors Blenheim Chalcot , General Atlantic , Frog Capital and Highland Europe .
Modulr now has over 400 employees spread globally across offices in London, Edinburgh, Amsterdam, and Mumbai.
Modulr values
- Building the extraordinary; going that extra mile.
- Owning the opportunity; be passionate and proud of the time you invest.
- Move at pace; reach goals faster whilst supported on your career journey.
- Achieve it together, working collaboratively and being a Modulite.
The Financial Crime Operations function executes processes to mitigate risks to Modulr as they relate to Money Laundering/Terrorist Financing, Fraud, Sanctions, and other Financial Crime risks (such as Anti-bribery & Corruption).
An essential part of any operation, but especially first line risk functions, is to ensure the teams have consistent, good quality, processes & procedures that set out how we do things and that also highlight operational risks, and the control environment employed to mitigate them. These are then supplemented with training material and a quality & competency framework.
The Financial Crime Manager (Quality, Risk and Change) will be responsible for ensuring operational documentation is in place, up to date, relevant and reflective of the function, it's responsibilities, activities and controls. In addition, this team will develop, manage and maintain a quality framework, including carrying out quality assurance activities.
The Quality, Risk and Change team will drive continuous improvement for the Financial Crime Operations function ensuring continual focus on efficiency and effectiveness. In addition, the team will represent the function on all significant change initiatives or business-wide projects and programmes.
As an area of considerable focus in the industry, this is a fantastic opportunity for someone to help shape and deliver a market leading proposition which protects Modulr, our clients and broader payment service users. The ability to deliver through effective operational management, stakeholder engagement and clear reporting, while taking an analytical approach to changing complexities are key factors for success in the role.
Specific duties:
- Creating and maintaining process documentation for Financial Crime Operations. These should include highlighting operational risks and controls.
- The creation, management and maintenance of a Training, Quality and Competency Framework that sets out approach and activities for onboarding training requirements, achieving & maintaining competency and quality assurance.
- Delivering a high-quality client experience, ensuring processes and touchpoints are efficient and seamless, and teams are professional and focused on delivering high quality service and outcomes.
- Developing, monitoring, and maintaining key performance indicators to drive performance, update stakeholders and identify areas for improvement.
- Build knowledge and capacity in the team to provide advisory support to internal and external customers without impacting operational performance.
- Giving advisory support to internal and external stakeholders on compliance queries.
- Drive a culture of continuous improvement, proactively developing team's policies and procedures to evolve in line with the business' strategic growth, both product and country expansion.
- Using data to identify opportunities for improvements, particularly in control outcomes, service quality and efficiency. Working with the Product team to establish and drive initiatives to deliver on these.
- Feeding into relevant internal governance forums and reporting.
Reference: 54581658