Risk Manager - AML & Sanctions

DutchTech; Town of Poland (NY); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Stock Options Program

Work & Swim Program

Continuous personal development support

Job summary

DutchTech in the Town of Poland is seeking a Risk Manager focused on AML and Sanctions to enhance their innovative Risk and Compliance team. You will manage key aspects of risk for the financial crime scenario library and contribute to improving compliance frameworks.

Join a dynamic startup environment where your analytical skills will directly impact financial crime prevention. The position offers a chance to lead initiatives and work closely with technology teams to implement effective risk management.

We support flexible working arrangements and encourage applicants from diverse backgrounds to apply.

Qualifications

• 3+ years in Anti Financial Crime or Fraud Department in a regulated financial institution.
• Knowledge of money laundering typologies and sanctions.
• Proficient in data analytics and SQL.

Responsibilities

• Perform end-to-end risk management for AML and sanctions.
• Review performance of existing AML and Sanctions tools.
• Enhance scenarios library for risk management.

Skills

AML and Sanctions Risk Management

Data analytics

SQL

Leadership

Critical thinking

Detail-oriented

Job description

About Finom

Finom is a European tech startup headquartered in Amsterdam, and we’re on a journey towards revolutionizing the financial landscape for entrepreneurs worldwide. Our mission is to develop an all-in-one financial B2B solution that integrates banking functions, accounting, financial management, and invoicing into a seamless, mobile-first platform.

We recently closed a €115 million Series C equity round (around $133 million), bringing our total funding to approximately $346 million. This significant investment follows a $105 million growth funding round from General Catalyst, a long-term backer since 2021 known for supporting companies like Airbnb, HubSpot, KAYAK, and Stripe.

Finom's platform goes beyond traditional banking, offering invoicing and a growing suite of features, including AI-enabled accounting, aiming to simplify financial management for entrepreneurs. We're actively expanding our reach across key EU markets like Germany, France, the Netherlands, Italy, and Spain.

At Finom, we’re not just redefining the entrepreneurial experience — we’re empowering our employees to make a real difference. Your work matters, and your impact extends far beyond product metrics. We nurture innovation and an inspiring work environment where bold ideas thrive, prioritizing thorough research, swift implementation of solutions, and ensuring that every effort we make benefits our users, employees, partners, and our business as a whole.

About the Role

We are seeking a highly motivated and experienced Risk Manager responsible for AML and Sanctions Risk to join our innovative and dynamic Risk and Compliance team. In this role, you will be responsible for the FinCrime Scenario Library which lies at the core of our unique FinCrime Risk Management System. Are you keen on redefining how Financial Crime is done in the financial industry? Do you thrive in a fast-paced, compliance-focused environment? Then this is an excellent opportunity to make a significant impact.

Responsibilities

• Perform end-to-end risk management cycle on the subjects of Money Laundering, Terrorism Financing, and Sanctions risks relevant for Finom customer base: risk identification, analysis, mitigation, monitoring, reporting;
• Review performance of Finom’s existing AML and Sanctions using Finom’s risk decisioning tools, ensure continuous improvement in terms of efficiency and effectiveness (key metrics - true positive rate, false negative rate, number of alerts per active customer/per transaction);
• Ensure continuous enrichment of the scenarios library of Money Laundering, Terrorism Financing, and Sanctions risks relevant for Finom;
• Work closely with machine learning engineers in the team on creating rules and detectors in TM based on advanced statistical and machine learning techniques to detect Financial crime, and participate in the model validation;
• Produce guidance for 1LOD related to the risk scenarios under the risk management portfolio – how the rules should be analysed, how to make a decision on the resolution, what do good customers look like;
• Support FinCrime Portfolio Risk Manager in the implementation of dynamic risk scoring and ongoing monitoring practices at Finom in the areas of AML, sanctions;
• Establish effective communication with stakeholders: product team (on producing business requirements and managing the roadmap), Risk Management (implementation of risk scenarios), Quality Assurance (implement best practices in reviewing alerts based on the ML/FT scenarios);
• Take ownership of the AML related Key Risk Indicators, prepare regular status updates for the Risk Committee of Finom Payments, and participation in SIRA and General Risk Assessment review cycle;
• Assist in drafting, testing, and reviewing system requirements for new compliance-related features, as well as procedures and manuals within the department;
• Conduct regular internal AML training: conduct training on specific typologies of financial crime as well as general compliance training;
• Initiate and take responsibility for ad hoc project work within the department;
• Performing other duties as reasonably required for the operational efficiency of Finom (pro-actively deemed necessary by the employee) or/and as communicated by the manager;
• The role includes management of a team of 2FTEs: SMEs on AML and Sanctions supporting the risk management cycle.

Who you are

• Role Requirements:
  • English – full working proficiency; additional fluency in Dutch is a plus;
  • Minimum 3 years of proven experience in the 2nd of Defense: Anti Financial Crime, or Fraud Department, in a regulated financial institution, preferably 5+ years;
  • Thorough and specific knowledge of typologies of money laundering, terrorism financing, sanctions, and fraud among B2B customer segment in Europe;
  • Strong data analytics and SQL skills;
  • Previous experience with TM Rule Review cycle;
  • Previous experience (minimum 1 year) in people leadership role;
  • Detail-oriented and highly motivated self-starter;
  • Critical and analytical thinking;
  • Start-up oriented, proactive, result-driven, and capable of working under own initiative and little supervision.

Interview Process

Recruiter Interview – 30 minutes

1st interview – 1 hour

Case and test

Final interview – 1 hour

What You Will Get In Return

• Make a genuine impact on the product Join our upward trajectory, and grow with us. We provide the resources and opportunities for continuous personal and professional development, empowering you to make a genuine impact on our evolving product.
• Work in the EU Embark on this exciting journey with us and enjoy the flexibility of traveling and working remotely or in a hybrid model across Europe.
• Become a stock options holder Unlock your inner entrepreneur and align your aspirations with ours through our Stock Options Program. This exciting opportunity is available to every team member, from junior team members to our founders.
• Receive unwavering support and care Finom stands by you at every step, embodying our commitment to your well‑being and success reflected in our modern, friendly, and eco‑conscious corporate culture. We offer constant support and care to ensure your Finom experience is successful and fulfilling.
• Work & Swim program Immerse yourself in our exclusive Work & Swim Program. Spend one month in a comfortable corporate apartment in enchanting Cyprus. It’s the ideal opportunity to strike the perfect work‑life balance while enjoying breathtaking Mediterranean views.

Equal Opportunity Statement

At Finom, we’re an equal opportunity employer and value diversity at our company. We embrace diversity and invite applications from all walks of life. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, disability status, or other applicable legally protected characteristics.