AML/KYC Lead

👩‍💻👨‍💻 About the role

As the AML/KYC Lead at Mondu, you will hold a pivotal role in our risk department, responsible for overseeing and operationalizing Anti-Money Laundering (AML) and Know Your Customer (KYC) processes. Your mission is to ensure that our organisation complies with regulatory requirements while effectively managing and mitigating financial crime risks. You will lead a team of specialists in maintaining a robust AML/KYC program.

🚧 What you’ll do

• Develop, implement, and maintain AML/KYC policies, procedures, and controls in alignment with regulatory guidelines (incl. customer identity verification, screening against sanctions lists, and ongoing monitoring).
• Maintain KYC, Screening, Transaction Monitoring and AML cases management tools (incl. vendor management), collaborate with product and data teams to ensure functioning of the tools.
• Ensure ongoing compliance with evolving AML/KYC regulations and industry standards.
• Lead and manage a team of AML/KYC Specialists, providing guidance, training, and support.
• Foster a culture of compliance and excellence within the team.
• Conduct risk assessments to identify potential money laundering or fraud risks within customer profiles and transactions.
• Collaborate with relevant teams to assess and mitigate identified risks.
• Ensure the accuracy and completeness of customer due diligence records.
• Lead the investigation and reporting of suspicious transactions or activities to appropriate authorities.
• Ensure timely and accurate reporting in compliance with regulatory requirements.
• Provide AML/KYC training and awareness programs for employees to enhance their understanding of AML/KYC requirements and obligations.
• Foster a culture of vigilance and reporting within the organisation.
• Collaborate with external auditors and regulatory bodies as needed.
• Maintain accurate records of AML/KYC activities, risk assessments, and investigations.
• Prepare and submit reports on AML/KYC compliance to senior management and regulators.

🙌 Who will you work with?

Our Risk department has the vision to enable Mondu's aggressive growth strategy by building an accurate data-driven decisioning strategy and advanced portfolio analysis tools. We aim to become the benchmark of approval rate across the industry while making our business healthy and profitable.

The team is a blend of risk experts and strong data analysts with an eye for constant optimisation.

Joan Swanson, who joined Mondu in May 2022 as Head of Fraud Prevention, will guide you. She is building strategies to protect merchants and buyers from financial crime. Before Mondu, Joan worked at Klarna as Analytics Lead and manager of Fraud Strategy and Analysis US/UK manager, where she focused on automated decision strategy in Klarna’s growth markets. Joan has experience launching Fraud Policies for different markets around the world. At Mondu, she creates the fraud function to prevent our merchants and customers from financial crime, builds processes to ensure streamlined work, and develops world-class monitoring and analysis. People management is her passion - Joan enjoys watching personal growth and seeing her team gain new skills. She can tune her management style to what most benefits the team - whether hands-on or hands-off.

Requirements

🏅What you need to succeed

Please note: Do not be put off from applying because you believe you cannot tick every box. If you think you can help, and you really want to join our growing and exciting business please get in touch, we would love to hear from you.

• 5+ years prior experience in KYC, EDD, AML, or Compliance roles within the banking or financial services industry. Experience in FinTech, startup or scaleup is an advantage.
• Experience in people management.
• Good knowledge of the industry best AML practices.
• Excellent analytical and investigative skills, with the ability to identify and assess potential risks.
• Attention to detail and ability to work accurately within tight deadlines.
• Strong written and verbal communication skills, with the ability to present complex information clearly and concisely.
• Fluency in English.

What will make you stand out:

• Knowledge in Dutch or German is an advantage.
• Professional certifications from ACAMS (like CKYCA, CTMA, CAFCA, or higher), ACFCS, ICA , or equivalent.
• Bachelor's degree in Law, Finance, Economics, Business Administration, or 2+ years of experience working in a regulated bank or FinTech.

Benefits

🎁 What's in it for you?

• € 1000 per year for you to contribute to your learning & development to help you grow professionally and personally.
• € 300 per year for you to endorse team build, including dinners, games, and events
• 30 vacation days per year
• We have a beautiful office in the centre of Amsterdam; you are welcome to go whenever you want.
• Take advantage of our Workation policy, allowing for up to 6 weeks every year of work outside of the Netherlands (some restrictions apply)
• Subsidised membership options to boost your physical and mental well-being with ClassPass
• € 30 per month of mobility allowance via our partner FREE NOW for the days when your feet won’t carry you home from the gym
• Tax relief for payments into our Business Bike scheme.
• You can accelerate your career and take ownership of your work and development in a flat hierarchy where 360 feedback is encouraged

🦸 Are you a Monduneer in disguise?

Working in a truly diverse group makes us stronger and more resilient. Furthermore, it enables an unfair advantage - learning from each other, seeing different perspectives, and considering a broader range of variables in our decision-making. That is what being a Monduneer is all about.

Thus, regardless of your background, age, disability, gender, parental status, race, religion, sexual orientation, educational background, or any other aspect you feel is a statement of your diversity, we look forward to discussing your role in mind.

If you believe you are a Monduneer in disguise, and it's time for you to shine, submit your application, and we'll take it from there.

💜 Meet Mondu

At Mondu, we have the vision to disrupt and become the leader in B2B payments. We are building a Buy Now, Pay Later solution for B2B e-commerce businesses. Our business will address a new set of customer needs in a vast new market segment. To do so, we will need to re-invent core parts of the payment experience to serve the needs of business customers. Moreover, we will need to listen closely to local customer needs and tailor our approach to the requirements of local customers in Europe.

After a hugely successful initial funding round we are looking to grow at a phenomenal pace and this will not be possible without the right people in the team.