Deputy Money Laundering Reporting Officer, Griffin
Tax-advantaged stock options under HMRC's Company Share Option Plan (CSOP) available
Full-stack Banking-as-a-Service platform with a banking license
Job no longer available
Full-stack Banking-as-a-Service platform with a banking license
101-200 employees
Job no longer available
Tax-advantaged stock options under HMRC's Company Share Option Plan (CSOP) available
101-200 employees
Company mission
To simplify the complexity of banking infrastructure and compliance operations, so their customers can focus on what they really care about.
Role
Who you are
- Strong knowledge of Fraud, AML, CTF and ABC regulation and sanctions laws, as well as industry best practice in the design and operation of systems and controls for financial crime prevention
- 5+ years’ experience working within financial services in the UK, ideally within a fintech and/or a challenger bank. At minimum. experience operating a three lines of defence model, specifically operating within the 2nd line of defence
- Experience working for/being supervised by the UK’s financial services regulators - the FCA and/or the PRA. Additional experience working with other organisations such as NCA and HMT
- Experience delivering compliance monitoring programmes and developing, implementing and overseeing fincrime prevention framework, including writing related policies, performing risk assessment and reporting
- A research mindset: you're comfortable diving deep into source regulation, analysing it, and applying it
- Experience of designing and/or delivering financial crime prevention training at scale which is specific to the business
- Comfort with solo execution - we're a small team so you'll need to be happy rolling up your sleeves
- Open to the implementation of new technologies for the purposes of monitoring and oversight. Using these to streamline the compliance oversight function
- Experience of presenting financial crime prevention matters to senior colleagues, for example interactions at Executive Committee and Board level
- A collaborative mindset and an interest in working closely with all other parts of the business, from both coaching and product development perspectives
- A high degree of comfort adopting new software tools for document drafting, collaboration and communication
- A love of writing - we have a major amount of written documentation that you will be contributing to, and we place a high degree of importance on clarity and readability
What the job involves
- Like most of Griffin, the Compliance team is in its infancy
- You'll be working directly alongside our CCO and MLRO
- As we're a highly collaborative start-up, you will work closely with other teams to achieve a variety of high-impact outcomes
- We're working to build a Compliance team that is a highly respected and integrated part of the business - somewhere our colleagues go to for expert and pragmatic advice
- We should be the best in class when it comes to all things compliance and financial crime prevention
- We're not putting patches on legacy frameworks, we're laying the foundations of the future of global financial infrastructure
- Assist the MLRO with the monitoring the implementation of our financial crime prevention framework across all financial crime types, setting the overarching requirements for the firms compliance with risk appetite and ensuring appropriate levels of assurance in adherence to the required standards
- Provide ongoing financial crime prevention subject matter expertise in the form of advisory work to the 1st line of defence
- Coordinate and prepare financial crime prevention MI and reporting. This includes both internal committee and MLRO oversight packs as well as regulatory reporting, all to be delivered within required timeframes
- Manage the financial crime prevention monitoring programme, working with the Risk team and Internal Audit team to deliver a collaborative combined assurance model
- Keep up to date with emerging regulatory changes in so far as they relate to financial crime and summarise/provide advice to the first line about the changes that are required
- Act as a nominated person for the purposes of SAR oversight and reporting. Provide training and feedback to deliver SARs to the highest standard as required by the NCA
- Design and deliver financial crime prevention training to the business
- Deputise for the MLRO when they are not available
Salary benchmarks
Our take
Griffin is working to change the banking world, which they see as exclusive, opaque, and not particularly technology-friendly. Their aim is to lower barriers to entry for fintechs and increase transparency.
To achieve this, they are designing a wholesale bank from the ground up, focusing on the problems their customers face and following steps to solve them.
Griffin is taking a novel approach, offering a bank-as-a-platform model with integrated compliance to allow customers to get their financial products to market quickly and cost-effectively.
Their systems have the capability to move faster than existing banks burdened by legacy tech and provide new opportunities to financial technology firms over a wide range of business models.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
39% female employees
67% employee growth in 12 months
Company
Employee endorsements
Nice people
"It was really hard to choose which 3 things to highlight in this endorsement - I chose nice people because the founders really lead by example on..."
Funding (last 2 of 6 rounds)
Mar 2024
$22.9m
SERIES A
Mar 2023
$13.2m
SERIES A
Total funding: $64.3m
Company benefits
- Life insurance through AIG
- Generous stock option grants for everyone at the company
- Private medical insurance through Vitality
- A weekly team lunch on Griffin (even when you're working remotely)
- Auto-enrolment into company pension scheme
- 25 days holiday (excl. bank holidays)
- Remote first working culture, If you want to to work from home you can and you can expense your office set up. Equally, we have an office in London where you can work, as well as the ability to work from shared working spaces
- Up to 6 months fully paid parental leave (depending on tenure)
- Annual(ish) company offsite
Company values
- Thoughtfulness - Take your time
- Kindness and Empathy - Assume the best of each other
- Resilience - Don't give up easily
- Simple made easy - Reduce complexity where possible
- Transparent - Open by default
- Be Deserving of Trust - We measure ourselves against the highest standard of conduct
Company HQ
City of London, London, UK
Articles
Leadership
Allen Rohner
(CTO)Previously founded CircleCI and authored the book Learning ClojureScript with co-founder David.
David Jarvis
(CEO)Previously worked as a Software Engineer at Standard Treasury and Airbnb.
Diversity, Equity & Inclusion at Griffin
Jenna Baker (Chief People Officer )
- Our goal is for Griffin to proportionally represent the diversity of the working population in society. We’re working to ensure that Griffin is a supportive, empowering and inclusive environment for every member of our team — whatever your intersection of identities & background. If you're part of a group that is under-represented in fintech, we'd love to hear from you.
- We offer enhanced parental leave for Grifflings - you’re able to take 26 weeks of parental leave. This increases to 52 weeks if you are based in the UK AND you are the birthing parent, the primary-caregiver adopter, or if you and your partner decide to use UK’s Shared Parental Leave.
- We'll pay you in full for 13 weeks of parental leave, and then the greater of 50% pay or London Living Wage for the following 13 weeks, provided you’ve been with us for 6 months on your expected due date or placement date.
- If you have been with us for two years (or more!) by your expected due date or placement date, we will pay you in full for 26 weeks of parental leave
- We are flexible with our approach to work, work from home, the office or a shared working space, it's really up to you! We also are flexible on what hours you work too, we understand that life can sometimes just get in the way and you need to be able to pick up the kids from school.
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