Head of Transaction Monitoring & Fraud, OpenPayd
Financial services infrastructure
Job no longer available
Financial services infrastructure
101-200 employees
Job no longer available
101-200 employees
Company mission
To help businesses overcome the challenges relating to banking and payment services.
Role
Who you are
- Bachelor’s or Master’s degree (or equivalent) in finance, law, or related area
- Professional qualification such as Association of Certified Anti-Money Laundering Specialists (ACAMS) or International Compliance Association (ICA)
- At least 10 years of experience in financial crime compliance, with a strong understanding of fraud, money laundering, terrorist financing and sanction risks
- At least 5 years of experience in a managerial or leadership role
- Knowledge of relevant UK and EU laws, regulations and industry best practices related to financial crime risks
- Strong leadership and people management skills, with the ability to motivate and develop a team of professionals
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders
What the job involves
- The Head of Financial Crime Compliance will be responsible for developing and implementing strategies to prevent financial crime, including fraud, money laundering, terrorist financing and sanction screening
- You will lead a team of professionals and collaborate with various stakeholders to ensure the Company’s compliance with relevant laws and regulations
- Develop and implement a comprehensive transaction monitoring and sanction screening program to ensure compliance with relevant laws and regulations
- Develop and implement a comprehensive fraud prevention and detection strategy align with the company’s goals and objectives
- Lead the global financial crime compliance team, providing direction, coaching, support and development opportunities
- Monitoring financial transactions, customer behaviour, and other relevant data to detect and investigate potential financial crime activity
- Develop and maintain strong relationships with internal stakeholders and external partners to facilitate effective financial crime prevention and risk mitigation
- Collaborate with cross-functional teams to integrate fraud prevention measures into business processes
- Conduct periodic assessments of the Company’s financial crime risks and develop plans to mitigate those risks
- Provide advice and guidance to the Company’s business units on financial crime prevention matters
- Ensure that the Company’s systems and controls for financial crime prevention are effective and efficient and comply with regulatory requirements
- Staying up-to-date with changes in financial crime laws, regulations and industry standards and adapting monitoring strategies as needed
- Establish and maintain relationships with external stakeholders, such as law enforcement agencies, regulatory bodies and industry associations
Salary benchmarks
Our take
OpenPayd was founded with a simple belief: that every business, not matter its size or budget, should have access to top-notch payment and banking services tailored to their needs. As an API-first Banking as a Service provider, OpenPayd offers businesses a suite of affordable, high-quality banking and payment solutions designed to fuel growth and streamline operations.
What sets OpenPayd apart is its ability to empower businesses to easily expand into global markets. By connecting clients to its robust banking and payments infrastructure, OpenPayd enables quick and efficient international scaling. And its API-driven approach also allows businesses to seamlessly embed financial services directly into their products, creating a seamless user experience.
With the surge in demand for embedded finance and open banking solutions, OpenPayd is strategically positioned to lead the way. Already, the company has secured key partnerships with major players like eToro, and Yapily, setting the stage for a future of exciting growth.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
Challenging work
"No two days are the same here. Cliché, but it's true. As we grow and become a larger organisation, the challenges become bigger and greater. Its..."
Company benefits
- Health insurance: Stay in tip-top shape, with health insurance from Vitality for every employee
- Wellbeing Perks: Live better with our wellbeing perks and programmes, designed with you in mind
- Annual bonus scheme: We are always focused on rewarding great performance in the team
- Personal training budget: We’ll give you the tools, training and support you need to grow professionally
- Hybrid work model - 3 days office based: We operate on hybrid work model - 3 days office based & 2 days working from home
- Social volunteering day: Give back to the community, with a social volunteering day every year
- Early Friday finish: Start your weekend early, with a 4pm finish every Friday afternoon
- Extra birthday leave: Enjoy an extra day off for your birthday, so you can celebrate (or just relax)
Company values
- Make Your Mark: We seize every opportunity. We empower ourselves to take action. We don’t shy away – our ideas matter. We step forward and discover the unknown
- Find A Better Way: We are the experts. We find solutions. We care about quality. We strive to do our best. We own our mistakes
- Embrace The Journey: We celebrate the everyday wins. We accept the challenges as they come. We persevere and believe in the journey even when it's tough. We enjoy what we do
- Grow Together: We respect each other's point of view. We champion and learn from each other. We hold ourselves and others accountable. We don't avoid tough conversations. We practice win-win
- We Do What's Right: We act with integrity
Company HQ
Old Street, London, UK
Articles
Leadership
Iana Dimitrova
(CEO)Joined OpenPayd on the General Counsel in 2017 before becoming CEO in 2018. Previously the Head of Legal Affairs at Paysafe Group and a Legal Associate at Penev.
Diversity, Equity & Inclusion at OpenPayd
- At OpenPayd we know diversity of thought is crucial for our team to flourish. That’s why we make sure diversity isn’t only considered when hiring, but is part of the process, with diverse hiring panels for every role. We are a workplace where everyone can come to work as themselves and be proud of who they are.
- Our team already speaks over 20 languages, and that number’s constantly growing. No matter where you’re from, we’ll do everything we can to make you feel at home. Our forums and inclusivity initiatives are designed to support our colleagues to share their ideas and give feedback on their experiences. And in all our offices we also offer flexible working arrangements.
Share this job
View 7 more jobs at OpenPayd