Financial Crime Subject Matter Expert



Accounting & Finance
Amsterdam, Netherlands
Posted on Monday, January 15, 2024
About Finom

Finom is a European tech startup headquartered in Amsterdam. We are dedicated to developing an all-in-one financial solution tailored for entrepreneurs that integrates banking functions, accounting, financial management, and invoicing into a mobile-first platform.

Over the past two years, we've achieved exponential growth, secured investments from top global funds such as General Catalyst (known for backing Airbnb, HubSpot, KAYAK, and Stripe), and expanded our operations to more than 10 EU member states, with a strong presence in key markets like Germany and France.

At Finоm, we foster an inspiring work environment where both you and our valued users play a central role in shaping our future. Here, you'll witness the meaningful impact of your contributions reflected in the growth of our product metrics and the overall satisfaction of our customers. Maintaining our startup spirit, we prioritize thorough research, swift implementation of solutions, and ensuring that every effort we make benefits our users, employees, partners, and, of course, our business.

About The Role

We are seeking a highly motivated and experienced Financial Crime Subject Matter Expert to join our innovative and dynamic Risk and Compliance team. In this role, you will be responsible for the FinCrime Scenario Library which lies at the core of our unique FinCrime Risk Management System. Are you keen on redefining how Financial Crime is done in the financial industry? Do you thrive in a fast-paced, compliance-focused environment? Then this is an excellent opportunity to make a significant impact.

What will you be doing

  • Establish the framework and underlying processes for the development of a scenario-based Risk Management System in Transaction Monitoring and CDD domains;
  • Assemble and ensure continuous enrichment of the scenarios library of Money Laundering, Terrorism Financing, Sanctions Evasion, and Fraud relevant for Finom;
  • Assemble and ensure continuous enrichment of the scenarios library of fraud against Finom’s customers;
  • Work closely with machine learning engineers in the team on creating rules and detectors in TM based on advanced statistical and machine learning techniques to detect Financial crime (money laundering, terrorism financing, fraud), and participate in the model validation.
  • Active participation in improving the Transaction Monitoring and CDD Risk engine by producing business requirements for new features (implementation of scenarios library into specific transaction monitoring techniques);
  • Responsible for ongoing improvement of the efficiency and effectiveness of Finom FinCrime Monitoring systems;
  • Establish effective communication with stakeholders: product team (on producing business requirements and managing the roadmap), Risk Management (implementation of risk scenarios), Quality Assurance (implement best practices in reviewing alerts based on the ML/FT scenarios);
  • Participation in SIRA and General Risk Assessment review cycle;
  • Assist in drafting, testing, and reviewing system requirements for new compliance-related features, as well as procedures and manuals within the department;
  • Conduct regular internal AML training: conduct training on specific typologies of financial crime as well as general compliance training
  • Initiate and take responsibility for ad hoc project work within the department;
  • Performing other duties as reasonably required for the operational efficiency of Finom (pro-actively deemed necessary by the employee) or/and as communicated by the manager.

Who you are

  • English – full working proficiency; Dutch is preferable;
  • 2 years of proven experience in the 2nd of Defense: Anti Financial Crime or Compliance Department, in a regulated financial institution or 3 years in the first line;
  • Thorough and specific knowledge of typologies of money laundering, terrorism financing, sanctions, and fraud;
  • Detail-oriented and highly motivated self-starter;
  • Critical and analytical thinking;
  • Start-up oriented, proactive, result-driven, and capable of working under own initiative and little supervision;

What You Will Get In Return

Make a genuine impact on the product

Join our upward trajectory, and grow with us. We provide the resources and opportunities for continuous personal and professional development, empowering you to make a genuine impact on our evolving product.

Work in the EU

Embark on this exciting journey with us, working from our elegant offices in Paphos (Cyprus) and Amsterdam (the Netherlands), with upcoming hubs in Poland and Spain. Enjoy the flexibility of traveling and working in a remote/hybrid model across Europe.

Become a stock options holder

Unlock your inner entrepreneur and align your aspirations with ours through our Stock Options Program. This exciting opportunity is available to every team member, from junior team members to our founders.

Receive unwavering support and care

Finom stands by you at every step, embodying our commitment to your well-being and success reflected in our modern, friendly, and eco-conscious corporate culture. We offer constant support and care to ensure your Finom experience is successful and fulfilling.

Work & Swim program

Immerse yourself in our exclusive Work & Swim Program. Spend one month in a comfortable corporate apartment in enchanting Cyprus. It's the ideal opportunity to strike the perfect work-life balance while enjoying breathtaking Mediterranean views.

Next Steps

Your application will be reviewed and if successful, a member of the Talent Acquisition Team will be in touch within the next few days.

Standard interview process:

  • Application Review - 3 - 5 days
  • Recruiter Interview - 30 min -45 min
  • Hiring Manager Interview - 45 min - 1 hour
  • Test Task - up to 1 hour
  • Final Interview - 45 min - 1 hour
  • Offer

Please note the order and duration of each step can vary depending on the type of position and seniority level.

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.