Risk Manager - AML & Sanctions

Finom; United States; Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Stock Options Program

Work & Swim Cyprus program

Remote/hybrid across Europe

Job summary

Finom is seeking a highly motivated Risk Manager focused on AML and Sanctions to join the Risk and Compliance team. You will manage the FinCrime Scenario Library central to Finom’s risk system, partnering with ML engineers and stakeholders across product, risk, and QA to strengthen financial crime defenses.

You will own risk indicators, contribute to dynamic risk scoring, and mentor a small team while driving continuous improvement in detection and monitoring processes across Europe.

Qualifications

• Experience in AML and sanctions risk management.
• Ability to work with ML engineers on rule creation and detector development.
• Strong communication with product, risk, QA and portfolio risk teams.

Responsibilities

• Perform end-to-end risk management cycle for AML and sanctions risks.
• Review performance of AML and sanctions using risk decisioning tools.
• Enrich the scenarios library for AML/FT and sanctions.
• Collaborate with ML engineers to create rules/detectors and participate in model validation.
• Produce guidance for 1LOD on risk scenarios and decision processes.
• Support dynamic risk scoring and ongoing monitoring in AML/sanctions.
• Communicate with stakeholders across product, risk, QA and risk management.
• Own AML-related KPIs and report to Risk Committee; participate in risk assessments.
• Draft, test and review system requirements for compliance features and manuals.
• Conduct internal AML training and ad hoc project work.
• Manage a team of 2 FTEs (AML and sanctions SMEs).

Skills

Risk management

AML

Sanctions

ML / statistics

Stakeholder communication

Team leadership

Tools

Risk decisioning tools

ML tools

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.

Maintaining our start-up spirit, we prioritize thorough research, swift implementation of solutions, and ensuring that every effort we make benefits our users, employees, partners, and, of course, our business.

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

As a Risk Manager responsible for AML and Sanctions Risk you will:

• 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:

Interview Process

Recruiter Interview -30 mins

1st interview - 1 hour

Case and test

Final interview - 1 hour

What You Will Get In Return

• 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.
• Embark on this exciting journey with us and enjoy the flexibility of traveling and working remotely or in a hybrid model across Europe.
• 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.
• 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.
• 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.