Head of Commercial Compliance, Clear Junction
+ Access to the Company Bonus Scheme
3+ days a week in office
Global payments solutions provider
Job no longer available
Global payments solutions provider
101-200 employees
Job no longer available
+ Access to the Company Bonus Scheme
3+ days a week in office
101-200 employees
Company mission
To help financial companies make payments and conquer the world by giving them access to local solutions on a global scale.
Role
Who you are
- Strong knowledge of AML (Anti-Money Laundering), fraud prevention, financial crime regulations, and sanctions compliance
- Understanding of risk management frameworks and regulatory reporting
- Experience with client onboarding due diligence and ongoing monitoring
- Proven experience in leading, mentoring, and developing compliance teams
- Strong analytical skills to assess risk levels, approve/reject applications, and escalate high-risk cases
- Ability to resolve complex compliance issues and implement risk mitigation strategies
- Ability to align compliance with business goals without compromising regulatory integrity
- High level of accuracy in client risk assessments, compliance audits, and regulatory documentation
- Commitment to confidentiality regarding compliance procedures and internal policies
- Ability to stay updated on changing regulations and best practices
- Ability to navigate evolving regulatory landscapes and adjust compliance strategies accordingly
- Willingness to attend industry conferences, webinars, and training sessions to stay ahead of compliance trends
What the job involves
- We are looking for an experienced Head of Commercial Compliance to lead and oversee the first line of defence across Sales, Relationship Management, Marketing, Strategic Partnerships, and other commercial functions
- This is a senior leadership role responsible for ensuring compliance with AML, fraud prevention, financial crime regulations, and risk management across all client and customer interactions
- Lead commercial compliance operations, ensuring adherence to AML, fraud, and financial crime regulations
- Oversee key compliance controls, including client risk assessment, sanctions screening, and payments screening
- Make final decisions on onboarding and service upgrades for Low and Medium Risk clients, escalating High and Very High-Risk clients to the AML Compliance Team
- Present high-risk cases to the Client Risk Committee and contribute to the handling of compliance-related claims and complaints
- Conduct reviews of existing clients for potential suspension or de-risking
- Partner with the Sales, Relationship Management, Strategic Partnerships, and Marketing teams to ensure compliance in onboarding, upselling, partnerships, and communications
- Work closely with the Legal and AML teams on regulatory matters, contracts, and escalated compliance issues
- Escalate suspicious activities to the MLRO
- Lead and manage the Commercial Compliance Division, setting KPIs, mentoring team members, and overseeing recruitment and performance
- Develop and deliver compliance training to Sales & Marketing teams
- Ensure confidentiality of compliance procedures, tools, and internal regulations
- Stay updated on changes in legislation and industry best practices
- Maintain audit trails, prepare compliance reports, and ensure adherence to internal and external regulations
Salary benchmarks
Our take
In an increasingly globalised world, Clear Junction is helping financial companies gain access to local payment solutions on a global scale with a platform that enables companies and their customers to deal with payments in multiple currencies through a single channel.
Clear Junction boasts proprietary technology that boosts competitive advantage by giving companies the ability to integrate seamless, automated cross-border payments into their services. The strong product comes with impressive pedigree. The fintech company’s CEO has a history of businesses he touches turning to gold, having undertook business development positions for Payooner, which has gone from tiny start-up to fintech unicorn.
The company will continue to work on developing new products to add to its services, such as a digital collaborative platform and the implementation of localised IBANs across major European countries. It was also named one of Europe's fastest growing companies in the 2024 FT 1000, and its no surprise given the amount of partnerships it has secured recently. With its impressive growth, the future is one of much excitement for Clear Junction.
Freddie
Company Specialist at Welcome to the Jungle
Insights
18% employee growth in 12 months
Company
Company HQ
Mayfair, London, UK
Leadership
Dima Kats
(CEO)Previously served as Director of Client Integrations for Cambridge Global Payments, Vice President of Product for Payoneer Inc, and Product Director for E4X/BorderFree BRDR: NASDAQ.
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