Financial Crime Advisory Manager

• Are you curious, excited by experimentation and always looking for a better way of doing things?
• Do you want to keep learning and developing whilst getting hands-on experience working in the embedded payments space?
• Do you want to have the opportunity to be part of a dynamic compliance team, where you can make a significant impact and contribute to the success of the overall business?

If so, we would love to hear from you! 

About us  

At Modulr, our vision is a world where all businesses are powered by embedded payments.

Modulr enables thousands of businesses, from SMEs to Enterprise, across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment methods, accounts, and card products.

We’ve created an industry-leading platform with comprehensive online tools and API access, to meet the demands of daily business payments. We are connected to an expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS. Our payments expertise and extensive product capability also enables us to build tailored solutions to solve complex payment problems for hundreds of clients in a range of industries, including Travel, Merchant Payments, Lending, Wage Advance and Investment & Wealth.

We are deeply integrated into the payment eco-system. In the UK, we are direct participants of Faster Payments and Bacs, and hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in 11 currencies. We are principal issuing members of Visa and Mastercard across UK and Europe.

Our regulatory permissions and governance structure underpin our business. We are regulated and supervised as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank.

Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by the venture arms of payments giants PayPal and FIS, as well as growth investors Blenheim Chalcot, General Atlantic, Frog Capital and Highland Europe.

Modulr now has over 400 employees spread globally across offices in London, Edinburgh, Amsterdam and Mumbai.

Modulr values

• Building the extraordinary and going that extra mile 
• Owning the opportunity, be passionate and proud of the time you invest 
• Move at pace, reach your goals faster with us supporting you each step of the way
• Achieve it together, working as a team and being a Modulite

About the role

This role will sit within the second line risk and compliance function reporting into the Head of Risk & Compliance and be part of a team responsible for ensuring the financial crime frameworks are designed and operating effectively.

The scope of the role will be AML, CTF, Fraud and Sanctions and will include advisory, assurance and reporting. The role holder will primarily focus on the UK entity but also work closely with colleagues in the Dutch business where Modulr also holds an EMI licence. The position is based in Edinburgh and Modulr operates an office first policy so the role holder would be expected to be in the office 4 days per week.

Key responsibilities

• Maintain a strong focus on the external environment to identify best practice and changes in regulatory focus ensure our systems and controls remain proportionate and effective. Actively engage and participate across the industry to ensure Modulr is a trusted partner with these stakeholders (including regulators and law enforcement).
• Work with colleagues in Operations delivering core Financial Crime services to ensure they are executing to the required standards in terms of quality and outcomes, and provide insight and advice on opportunities to enhance and improve process.
• Provide targeted and general training and awareness to colleagues across the business to ensure a strong culture is in place to tackle financial crime risks.
• Enhance and monitor a suite of KPIs and KRIs to identify areas of strength and areas that require improvement.
• Contribute to key framework items including the annual MLRO report, AML risk assessments and align with colleagues in product to support the relevant product risk assessments.
• Ensure technology and data are at the heart of our compliance agenda, identifying innovative and creative ways to maintain our strong compliance focus whilst optimising service and wider business capability.
• Support annual risk appetite assessment, design key risk indicators, early warning indicators, and risk response strategies.
• Lead by example through the values and principles outlined through Modulr DNA and through the Board.
• Work with Internal Audit to deliver strategies and plans to provide the board with assurance of our status of compliance with relevant laws and regulations.

What can Modulr offer you

You will be part of a cross disciplinary team(s), with co-workers located in Edinburgh, London, Amsterdam and/or Mumbai. We are friendly and sociable, challenging but rewarding. We want you to push yourself and for us to support you in your future as we scale up and grow. Our culture and values are putting you first and are about investing in your future.  

• Company Bonus - the more successful we are together, the more company bonus we offer
• Flexible Benefits pot – Modulr contribute towards healthcare, gym, dental, travel etc
• Share Options Incentive Scheme
• Learning Opportunities – on joining Modulr you will embark on our 3-day onboarding programme to be equipped with the Modulr know-how and arm you with the tools you need to be successful from day 1! But we do not want your learning to stop there so we will continue to provide you with the tools and capabilities through our learning channels and platforms to allow you to grow and develop in Modulr
• Modulr hands-on - join your colleagues for our company wide events throughout the year
• Great workspace - Modulr thrives on innovation which is best done through in-person collaboration; this approach enables us to work together closely, exchange ideas, and create innovative solutions that drive our success. We’re office first and have invested in state-of-the-art offices
• E-Bike and Bike to work /scheme

ModInclusion  

We believe that by seeing Modulr, and the world, from all sorts of angles, we can make life better for all.​ We want you to know that the things that make you, you — like your identity, age, ability, and background — are things that we will always celebrate and support with open arms.  As such, we are keen to maximise the diversity of our workforce and actively encourage applications from anyone and everyone.

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