[Hiring] AML Risk and Controls Officer @Finom

Role Description

Finom Payments serves small and medium-sized businesses across Europe, and every customer transaction passes through our Transaction Monitoring controls. As AML Investigator in the Second Line of Defence, you find the financial crime behaviour those controls miss, turn it into detection logic, and prove with data that the logic works in production.

You work side by side with the AML Risk Manager, who owns the effectiveness of the AML Risk Engine in the Transaction Monitoring domain. You bring the investigative insight and the data analysis. Together you decide which rules and models to build or change, and you measure their results.

What You Will Own

• Forced closures: ensuring the decision to close an account is taken correctly and improving the methodology behind that decision.
• False negative rate: the share of financial crime cases that took place but were not covered by our controls.
• Control coverage of the FinCrime Scenarios Library: the share of typologies in the library covered by a live, tested and monitored control, prioritising uncovered ones by risk.

Responsibilities

• Detect anomalies by analysing external and internal sources.
• Document confirmed anomalies in Finom's FinCrime Scenarios Library.
• Design mitigation measures for each scenario with the AML Risk Manager.
• Back-test every new or changed rule on historical data before release.
• Prepare each release with a rule specification, test results, and acceptance criteria.
• Monitor every live rule against its test targets and adjust as necessary.
• Validate the results of internally developed Machine Learning models.
• Maintain the library and report its control coverage and false negative rate.
• Participate in improving the Transaction Monitoring and CDD Risk Engines.
• Develop training materials for the Transaction Monitoring and Quality Assurance teams.
• Identify and drive process improvements within the department.
• Initiate and own ad hoc projects within the department.
• Take on other duties reasonably required for Finom's operational efficiency.

Qualifications

• Minimum 2 years in the Second Line of Defence at a regulated financial institution, or 3 years in Transaction Monitoring in a senior role or a Process Owner role.
• Thorough knowledge of AML regulation and money laundering typologies.
• Confident, hands-on SQL skills.
• Experience with data analytics and visualisation tools.
• Understanding of detection rule testing and measurement.
• Structured, evidence-based thinking and attention to detail.

Requirements

• Practical use of AI tools in investigation and analysis.
• Python or similar scripting for analysis and automation.
• Experience validating or monitoring Machine Learning models used in AML detection.
• Experience in a fintech, neobank or payment institution serving SMEs.

Benefits

• Make a genuine impact on the product.
• Work in the EU with flexibility for remote or hybrid models.
• Become a stock options holder through our Stock Options Program.
• Receive unwavering support and care in a modern corporate culture.
• Participate in our exclusive Work & Swim Program in Cyprus.

Equal Opportunity Statement

At Finom, we're an equal opportunity employer and value diversity at our company. We embrace diversity and invite applications from all walks of life. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, disability status, or other applicable legally protected characteristics.