Financial Crime Manager (Remote)

LemFi (YC S21 (https://techcrunch.com/2021/08/31/this-yc-summer-batch-features-the-largest-group-of-african-startups-yet/)) is building the neo-bank for the African diaspora in North America & Europe & the UK. We provide our users with a multi-currency account that allows them to hold, send, and receive money from Africa in any currency for their business and personal banking needs.

Who you are:

You are a motivated and energetic person who would thrive in a fintech startup environment like ours. The teams here at LemFi are passionate about their work and fields of expertise but also lend hands-on cross-functional responsibilities to ensure the success of the company and the satisfaction of our clientele.

Job Summary:

The role of Financial Crimes Manager, reporting to the Global Head of Compliance, is a fully remote position within LemFi’s Compliance team.

In this role, you should have an advanced demonstrated knowledge of global AML/CFT compliance program requirements and best practices with, at minimum, 5 years in an AML compliance role. Additionally, you should have held an FIU or EDD-focused management role.

This role will have the primary responsibility of managing LemFi’s global AML compliance framework as it pertains to transaction monitoring, law enforcement requests, case investigations, suspicious activity/transaction reporting, simplified and enhanced due diligence; high risk customers; customer risk scoring; country risk assessment; and partner requests for information. The role will act as the first point of contact for the operational Compliance teams before escalations to the Compliance Officers.

Responsibilities are as follows:

• Enhance the global FIU, fraud, and EDD frameworks;
• Align with the Compliance Officers in ensuring the FIU, fraud, and EDD frameworks are compliant with relevant country requirements and fits LemFi’s business model;
• Manage and oversee the transaction monitoring relationship and rule building/refining process with LemFi’s transaction monitoring vendor;
• Oversee the 314(b) process in the United States;
• Manage the process for requests for information (RFIs) from our payments and banking partners;

Requirements:

• Minimum 5 years of total AML compliance experience;
• Held an FIU or EDD-focused AML compliance management role;
• Comprehensive knowledge of US, UK and Canadian regulatory requirements;
• Attention to detail and exceptional organizational skills;
• Ability to thrive as part of a team and be an empowering, constructive and considerate colleague;
• Ability to take ownership of your work product and consistently deliver results in a high case volume production environment;
• Fantastic communication skills, both verbal and written including the ability to produce high spec PowerPoint presentations;
• Data and analytical skills, including proficiency with Microsoft Excel and the ability to perform data analysis;
• Ability to learn new technologies and systems;
• Adaptability to global operational needs and ability to work in a rapidly changing business and regulatory environment.
• Preferred location of Hire- United Kingdom

Desirable:

• Held an AML compliance position previously in a fintech company;
• Knowledge of AML regulatory requirements and developments within Nigeria and countries within Europe;
• CAMS certification (or equivalent)