Financial Crime Specialist
Who Are We
Y-combinator backed and recently voted ‘Fintech Startup of the Year 2022’ at Fintech Awards London, Verto helps businesses in emerging markets reach the world by making cross-border payments easy.
We enable businesses to accept payments and send payouts globally in one single platform. Each year we process billions of dollars of payments and provide companies with solutions which help them to save money, automate processes and grow. We have worked with thousands of businesses globally since our launch in 2018 and have high growth aspirations for the future. By 2028, it’s forecasted payments revenue from emerging markets will exceed that of mature markets by $400bn, join Verto to make us the number one B2B payment provider in this space.
Provide support to the DMLRO and MLRO in all relevant financial crime matters, including but not limited to:
FIU/Regulator/Police queries (DPAs, Production Orders, SARs)
Responses to Banking partners around transactional queries, providing detailed and articulate responses within agreed SLAs.
Responding to Indemnities.
Work closely with Verto’s Customer Success team to ensure that responses and updates are provided in a timely, clear and concise manner.
Create/update all relevant financial crime policies and processes as appropriate, ensuring that all documentation is in line with regulatory and internal expectations.
Creation of relevant AML training materials to be rolled out company wide.
Regular Horizon Scanning - ensure that all relevant regulatory change is identified and communicated, followed (where necessary) by a gap analysis is undertaken to guarantee operational readiness and adherence to regulatory expectation.
Production of the monthly Financial Crime report, outlining the key trends, changes, successes, frictions and related MI to senior management.
Provide Financial Crime data (within reason) to Senior Management
Responsibility for managing Vertos relationship with CIFAS, overseeing all communications and administrative tasks.
Oversee Vertos Complaints process, ensuring that all complaints received are appropriately escalated to the relevant senior compliance individual or to the Financial Ombudsman Service as appropriate. Provide regular training to the Customer Service team, who are the first point of contact for all complaints.
Ownership and management of the Compliance inbox - linking to Jira tickets where appropriate.
At least 3 years working in a Financial Crime/AML Related role in an FCA-regulated firm.
Detailed knowledge of relevant regulations including (but not limited to) the Money Laundering Regulations, Proceeds of Crime Act, JMLSG and a strong understanding of the current sanctions environment, is essential.
ICA or ACAMs qualification is essential.
Initiative-driven individuals who can identify gaps and inefficiencies and self-motivate to enhance processes.
Highly organised with strong record-keeping skills
Proficient in Jira
Familiarity with CIFAS
Thorough understanding of complex structures including but not limited to trusts and the ability to unwrap beneficial ownership to the required levels.
Excellent oral and written communication skills
Strong problem solving skills
Attention to detail and accuracy
Strong work ethic and the desire to perform well consistently.
Impeccable time management skills
What We Offer
- 33 days holiday each year (Including Bank Holidays)
- 5% Employer contribution towards Pension
- Hybrid working policy
- Regular company social events
- Perkbox Subscription and private health and dental for employees and their family
- Remote status
- Hybrid Remote
Verto is a global financial technology firm that enables businesses of all sizes to access enterprise grade cross-border payments, FX and banking solutions via our advanced platform or API. Businesses can accept payments and send payouts globally in one single platform. Verto seamlessly connects any business, anywhere.
Verto has continued to serve thousands of businesses globally since the launch of our MVP in Oct 2018. Each year we process billions of dollars of payments and provide companies with solutions – like payments, foreign exchange, and multi-currency accounts - while helping them save money and grow with any fuss. Through one easy to use platform, we automate and simplify your payments, access to FX including those that are less accessible, and getting paid by your customers, all while providing specialist services and support.
Financial Crime Specialist
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