Money Laundering Reporting Officer

Job Description

About Volt

Volt is revolutionising how people pay online, globally. Our technology frees consumers from cards by letting them ‘Pay by Bank’. It’s effortless. It’s lightning fast. It’s the future. For businesses everywhere, it’s transformative.

We’re already trusted by leading brands around the world, but the real-time revolution is only just beginning. Having raised $83.5m, we’re accelerating our mission of delivering real-time payments, everywhere. And that’s where you come in.

We need world-class talent to create a world where consumers pay, and businesses get paid, instantly. With headquarters in London and offices in Berlin, Kraków and Warsaw – and an all-star team already in place – we’re sure you’ll fit right in.

About the role

As Money Laundering Reporting Officer for our Polish entity, you will be responsible for overseeing the Company’s AML/CTF systems and controls and monitoring the effectiveness of policies and procedures, to ensure that they remain adequate and proportionate to the business and financial services environment in which Volt operates. Reporting to the Global Head of Financial Crime, you will support staff in conducting investigations on customer’s activity which might be related to money laundering and terrorist financing and will be the main point of contact with the office of the General Inspector of Financial Information in Poland (GIIF), as well as other Financial Crime Investigation Units relevant for markets on which Volt will operate.

What the role involves

• Maintain and approve the Company‘s AML/CTF risk management policies and procedures, ensure they are kept up-to-date.
• Conduct company-wide AML/CTF and sanctions risk assessments, including but not limited to quality assurance checks and assessment of new products, services and business projects.
• Provide AML/CTF advice and guidance to the business, and lead internal reporting, including the annual MLRO report.
• Manage escalations and participate in ad-hoc and periodic due diligence reviews of customers.
• Implement and manage customer risk assessment processes, including development / review of customer risk scoring methodology, as well as transaction monitoring and screening rules.
• Be the main point of contact for the Polish FIU (GIIF), as well as other Financial Crime Investigation Units, and the KNF for Financial Crime topics.
• Investigate and provide analysis results of any suspicious transactions in accordance with AML regulations and make all appropriate STR/SAR reporting to relevant FIU (primarily to GIIF).
• Create AML/CTF trainings content and deliver trainings for company employees.
• Liaise with internal and external auditors, regulators and other institutions, as well as potential and existing business partners, to ensure all queries and requests are addressed in a timely and accurate manner.
• Deliver periodic management information reports on AML/CTF risk related matters, including the annual MLRO report.
• Participate in new and ongoing projects, including the integration, configuration and management of AML and KYC tools and systems, as well as other initiatives.

Requirements

• 7+ years of compliance experience in the financial services industry, ideally in the payments sector, managing AML/onboarding/transaction monitoring teams.
• Experience in managing escalations and conducting investigations of suspicious activities, transactions and fraud.
• Knowledge of the regulatory environment and key financial crime regimes in order to provide reporting to the Polish Financial Supervision Authority (KNF).
• Experience in B2B services (open banking solutions would be an advantage).
• Certified by professional bodies such as Association of Certified Anti-Money Laundering Specialists (ACAMS) or holder of a Diploma in Anti-Money Laundering issued by the International Compliance Association (ICA) will be considered an advantage.
• Fluent in English and Polish, with outstanding written and verbal communication and interpersonal skills.
• Able to analyze situations and information quickly and confidently, escalating issues to colleagues and management members in a concise and well-organised manner.
• High self-motivation, attention to detail, diligence and ability to multi-task and manage priorities in order to meet deadlines.

What happens next?

• Selected candidates will be invited for an initial interview with our People & Culture representative. The video meeting will take about 30-45 minutes,

• Then it’s time for a second interview! The meeting will be conducted by our VP of Compliance and Head of Compliance and will last up to 60 minutes,
• Our Chief Operating Officer would also like to chat with you :) You can expect the meeting to last approximately 30 minutes,
• If successful, you will be given a job offer proposal.

Benefits

• We champion ‘extreme ownership’ – being not just the owner of your own tasks, but a key member of a team united by, and accountable for, common goals,
• During the week we mostly work remotely but for those who prefer to be in the office we arranged coworking spaces in Warsaw (Business Link Astoria) and Cracow (Loftmill),
• Every Thursday our employees meet and enjoy working together at the Puro Hotels in Cracow, Warsaw, and Gdansk. There is always an opportunity to eat lunch together and grab some drinks after hours,
• Every occasion is a good reason for celebration; we organise Christmas parties and company retreats,
• We care about our employees’ health, so you will be provided with a Multisport card and medical insurance by Luxmed,
• We offer paid holidays (pssst...we will give you one day off extra for your birthday),
• In addition, once every two months on Friday we close down all comms at Volt - a digital detox. The whole business is officially ordered to take the day off!
• If you want to work in a company with a great, start-up atmosphere, you don’t have to look further :)

At Volt, diversity and inclusion are integral to our culture.

We believe in hiring for cultural add, embracing difference and fostering a safe space where everyone can bring their authentic selves. Our mission is to transform the payments industry and this is only possible through the power of our diverse and talented team.

Join us in making real-time payments accessible for all.

We are happy to consider any reasonable adjustments that candidates may need during the recruitment process and you will be asked whether you require any during your application. If there are additional options you’d like to request, please contact your Talent Acquisition Specialist.