FinCrime Compliance Manager Israel Expansion

Job Description

About Revolut People deserve more from their money. More visibility, more control, more freedom. And since 2015, Revolut has been on a mission to deliver just that. With an arsenal of awesome products that span spending, saving, travel, transfers, investing,exchanging and more, our super app has helped 35 million customers get more from their money. And were not done yet. As we continue our lightning-fast growth, two things are essential to continuing our success: our people and our culture. Weve been officially certified as a Great Place to Work™ in recognition of our outstanding employee experience! So far, we have 7,500people working around the world, from our great offices or remotely, on our mission. And were looking for more. We want brilliant people that love building great products, love redefining success, and love turning the complexity of a chaotic world into thesimplicity of a beautiful solution. About the role Financial Crime Compliance is a key team that ensures Revoluts products and processes meet global AML/CTF regulatory requirements and translate these into the best customer outcomes. Were looking for someone to be the first to join our Israel FinCrime Compliance team. Youll be the lead on providing necessary oversight over all things FinCrime (AML, CTF, Sanction, and Fraud) for our soon-to-launch Israeli expansion. This position is criticalto supporting the growth of Revoluts business in Israel, and will be the focal point for all activity within Revolut Israel relating to FinCrime. Were looking for someone with extensive experience in the financial industry in Israel and familiarity with the regulatory frameworks and risks in the market. Someone that has proven experience in a compliance function and is excited to design, lead, and shapethe future of oversight and compliance in Revolut Israel. Youll have an outstanding ability to find solutions and carry out testing in a purely digital environment. As a data-driven expert, youll know that people and machines are the most effective way of managing compliance risk Up for the challenge Lets get in touch What youll be doing

• Consulting and overseeing all FinCrime and Compliance decisions related to the expansion of Revolut Israel, such as policies, procedures, risk assessments, and controls evaluations
• Providing oversight and support to the identification, remediation, and resolution of FinCrime-related risk incidents
• Assisting senior management in defining local standards to manage financial crime risks, ensuring that these standards are applied across the organisation
• Providing 2LoD support to the business and 1LoD FinCrime teams with the launch of products, procedures, processes, and systems
• Ensuring FinCrime risks are considered in our day-to-day operation, e.g. in the development of new products and the onboarding of new customers
• Supporting the maintenance of FinCrime training provided to all employees
• Participating in FinCrime-related governance committees to effectively check-and-challenge initiative owners, identify potential issues, and propose solutions
• Establishing, maintaining, and reviewing dashboards on an ongoing basis to identify areas that might fall outside of our risk appetite and which require further investigation
• Preparing reports for Senior Management, Group committees, and the Board, and escalating any key or high risk financial crime compliance issues

What youll need

• 4 years of FinCrime (AML/CTF and Sanctions) experience, covering a wide range of subjects in depth across retail and business customer bases, such as KYC, CDD/EDD, Transaction Monitoring, Risk Assessments, Reporting (SARs)
• Knowledge and understanding of anti-financial crime frameworks (AML/CTF and Sanctions policies) and regulatory recommendations, risk management good practice, procedures, and control arrangements in a complex financial organisation
• Very strong knowledge of local Israeli requirements for financial crime controls
• An understanding of industry-wide financial crime practices and trends in Israel
• Strong knowledge and experience of identifying financial crime risks and potential vulnerabilities, and advising on best practices to effectively and efficiently address those findings
• A proven record of stakeholder management and the ability to collaborate, negotiate, and communicate effectively with stakeholders
• The ability to analyse data, compliance processes and practices and draw conclusions to make recommendations
• A high level of fluency and written communication skills in English and Hebrew

Nice to have

• A professional qualification from an internationally recognised body (e.g. ICA, ACAMS)
• Strong knowledge of key regulatory issues pertaining to anti-fraud and control assessment processes (especially in Israel)

Building a global financial super app isnt enough. Our Revoluters are a priority, and thats why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. Were not just doing this because its the right thing to do. Weredoing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. Thats why we encourage applications from people with diverse backgrounds andexperiences to join this multicultural, hard-working team. Refer to our Data Privacy Statement for Candidates for details on our data handling practices during your application.