Corporate CDD Analyst



Barcelona, Spain
Posted on Sunday, February 11, 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:

As a Corporate CDD Analyst at Finom, you will play a crucial role in ensuring the integrity of our corporate client onboarding process, particularly in the first line of defense. This role is essential for maintaining compliance with financial regulations, with a specific focus on the fintech sector. Your responsibilities will encompass various aspects of corporate customer due diligence, risk assessment, and quality control.

What you will be doing

  • Facilitate the onboarding process for new corporate clients by Service Level Agreements.
  • Proactively conduct comprehensive investigations into various red flags in customer activity, including transactional, KYC, and digital profiles.
  • Effectively communicate with internal and external stakeholders regarding compliance-related questions.
  • Assist in drafting, testing, and reviewing internal processes and working guides..
  • Contribute to the development and review of procedures and manuals within the compliance department.
  • Initiate and take responsibility for ad hoc project work within the operations department with a scope to assist with 2LoD.
  • Perform other duties as reasonably required for the operational efficiency of FINOM, proactively deemed necessary by the employee, or as communicated by the manager.
  • Evaluate and make autonomous decisions regarding client onboarding, without the need for external confirmation.
  • Build and present rationale to senior management committee for high risk cases
  • Ownership of own workflow, independent working within a wider team
  • Own time management is critical, flexible working hours and locations are available as long as targets are met.
  • Must be proactive in improving the process.

Who you are

  • Over 3 years of experience working as a corporate CDD analyst in 1LoD, specializing in onboarding requests and dealing with international corporate customers.
  • Experienced in the EU market and handling high-risk customers.
  • Clear and effective communicator for collaboration with colleagues, clients, and stakeholders in the fintech industry.
  • Ability to identify issues and devise creative solutions in a dynamic fintech environment and take ownership from start to finish.
  • Detail-oriented approach to avoid errors when handling sensitive financial data.
  • Adaptable and open to learning new technologies and processes in the fast-paced fintech sector.
  • Understanding and adherence to financial regulations and compliance requirements relevant to the fintech industry, including AML and KYC regulations.
  • Proficient in reviewing, analyzing and building corporate/complex ownership structures leading to the UBO to 10%
  • Proven track record and practical knowledge of assessing, managing, and mitigating risks associated with clients or entities exhibiting elevated risk factors or intricate business structures within the CDD process.
  • Proactive in conducting thorough investigations of red flags in customer activity.
  • Knowledgeable in drafting, testing, and reviewing system requirements for customer monitoring.
  • Experienced in gathering information from publicly available sources.
  • Proven ability to initiate and assume responsibility for ad hoc project work within the compliance department.
  • Experienced working in any kind of fintech environment or financial institution.
  • Knowledge of EDD, most notably sanctions screening.
  • Experience with handling, analyzing and onboarding many legal forms, including but not limited to Trusts, SPVs, large corps.

Nice to Have:

  • Quality control experience, including the review of multiple analysts' cases from various risk levels.

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.