Financial Crime

We believe that businesses of all sizes deserve better financial and payment products and services. We started our journey four years ago, and have since helped tens of thousands of Australian businesses reduce the complexity and time taken to take and make payments, manage complex fleets of payment hardware, store and save money and lead the conversation in business-to-business fintech. This is a unique opportunity to shape, direct and build better financial services for all UK businesses.
As our Financial Crime & Risk Lead, you'll be at the forefront of building a robust risk and fraud framework for a fast-growing fintech. This is a unique opportunity to shape our strategy from the ground up, protecting the company and our customers from financial crime while ensuring we're fully compliant with all regulations. We are looking for a data-driven individual, who can roll up their sleeves when required, can build and manage a team from the ground up, and is happy to contribute to broader risk work as well.
Reporting directly to the Managing Director, you'll gain exposure to every facet of risk. If you're passionate about building something from scratch and love to grow, you'll have the freedom and resources to do incredible things with us. Financial Crime Operations (Primary Responsibility)
Design, implement, operate and improve risk management strategies to identify emerging fraud vectors and typologies.
Build and lead a team of financial crime analysts that will execute transaction monitoring and analysis, and review of high-risk merchants.
Monitor fraud and blacklist alerts, investigate possible matches and minimise losses by taking appropriate action when ‘hits’ are identified.
Monitor rules performance (fine-tuning rules) to ensure quality alerts are generated and eliminate false positives.
Handle operational escalations and determine whether the firm is at material risk in its positions with its customers.
Lead material investigations and analysis across our cardholder, account holder, merchant and employee base.
Complete fraud retrospectives to document confirmed fraud incidents and take appropriate actions.
Comply with regulatory reporting obligations related to fraud, including the submission of a bi-annual report to the FCA on collection of statistical data on fraud.
Report fraud incidents, trends and mitigation strategies to the Board of Directors.
Oversee subject matter projects and provide training, guidance, and mentorship to the broader team.
Act as the key liaison with the FCA and other regulatory bodies on risk-related matters.
Risk Strategy and Framework (Secondary Responsibility)
Maintain the company's Risk Appetite Statement and ensure alignment with the business strategy.
Develop, implement, and maintain a comprehensive risk management framework in line with FCA regulations and business objectives
Identify and assess key risks, including operational, financial, compliance, and reputational risks, and develop risk mitigation strategies.
Conduct regular risk assessments and stress testing to evaluate the institution's risk exposure.
Prepare and present risk reports to the senior management team and the board of directors, highlighting key risks and mitigation strategies.
Proven experience (7+ years) in risk management within an Electronic Money Institution, Payment Services Provider, or Financial Services environment, including at least 3 years of leading a team.
Proven knowledge of fraud typologies, and designing and implementing fraud rules
Experience in card issuing, card acquiring and / or current account banking is advantageous
Strong proficiency in analytical languages such as SQL, Python and R is desired
Strong knowledge of regulatory requirements, industry best practices, and risk management frameworks.
A competitive salary package, including equity from an early stage;
A balanced, progressive, and supportive work environment;
Endless learning and development opportunities;
Excellent parental leave and other leave entitlements;
Please, let us know if you require any accommodations during your interview process with us.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. If you would like more information about how your data is processed, please contact us.