Financial Crime Analyst - Complex Investigations and LER

• 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, payment-building experience?

• Do you want the opportunity to play an important role in a rapidly growing and exciting Fintech business?

About us

At Modulr, our vision is a world where all businesses are powered by embedded payments. Modulr enables businesses, from SMEs to Enterprise, across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment schemes, accounts, and card products.

We have created an industry-leading API platform with comprehensive online tools and 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 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. Modulr 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 schemes across UK and Europe.

Our regulatory permissions and governance structure are the foundations of 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 Europe.

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

Modulr values

• Building the extraordinary; going that extra mile.

• Owning the opportunity; be passionate and proud of the time you invest.

• Move at pace; reach goals faster whilst supported on your career journey.

• Achieve it together, working collaboratively and being a Modulite.

The role

The Financial Crime Operations function executes processes to mitigate risks to Modulr as they relate to Money Laundering/Terrorist Financing, Fraud, Sanctions, and other Financial Crime risks (such as Anti-bribery & Corruption).  The Financial Crime Analyst (Complex Investigations and LER) will work on some of Modulr’s most complex cases across all aspect of financial crime. This will include detailed investigations into fraud and money laundering along with identifying and reporting on trends and risks to Modulr and our customers. In addition, you will handle queries from external parties such as law enforcement bodies and will submit SARs and UTRs on behalf of Modulr to relevant external bodies.

Investigations will need to thorough and effective but also reach a conclusion efficiently and help identify opportunities to improve Modulr’s overall control environment. This will help support our objective of providing a well-controlled set of services that protect Modulr’s customers, their end clients and the industry as a whole whilst also meeting both regulatory & legislative obligations for the jurisdictions we operate in. The role holder will have exposure to all of Modulr’s financial crime risks and will work alongside all of the first line operational team. This is a high risk activity that requires colleagues to work efficiently and effectively and will involve the need for investigations and subjective decisioning in taking action and all done in a quality manner.

In addition to core activities, the Financial Crime Analyst will, at times, support other activities across the operational team such as Fraud, Transaction Monitoring, Screening and any other financial crime actions and controls. The team has a mindset and behaviour of continuous improvement so the role holder will be encouraged to be creative in helping identify and deliver opportunities that help Modulr deal with ongoing industry changes as well as improve outcomes and efficiency.

Responsibilities

•Responding to a variety of ongoing requests from law enforcement agencies and other external stakeholders
•Conduct analysis to identify improvement opportunities within Modulr Anti-Financial Crime controls
•Support special projects and other ad hoc requests/analysis to support the function monitoring and screening function
•Collaboration with internal compliance, legal, operational and tech teams Other elements of the role will include:
•Being able to take initiative with regards to workflow management and process improvement
•Key focus on quality assurance and taking the right action the first time
•Contribute to building a team atmosphere and rapport

Who You Are

What you’ll need:
•Analytical thinking
•Ability and desire to take the initiative
•Excellent Stakeholder management
•Understanding of the regulatory landscape with regards to anti-financial crime compliance
•Exceptional communication and interpersonal skills
•Ability to operate in a changing and dynamic environment
•Obsession with continuous improvement and operational excellence
•Fluent in English

Nice to haves

•Certification from a relevant body (ICA, ACAMS)
•Previous experience of working within a compliance or financial crime team
•Fluency in Dutch, French and/or Spanish

ModInclusion

At Modulr, we’re committed to building a diverse, equitable and inclusive culture where everyone feels they belong and can bring their whole self to work. We welcome applications from candidates of all backgrounds as we believe it’s the right thing for our people, our business, and the community we operate in.

By submitting your CV you understand that we have a legitimate interest to use your personal data for the purposes of assessing your eligibility for this role. This means that we may use your personal data to contact you to discuss your CV or arrange an interview, or transfer your CV to the hiring manager(s) of the role you have applied for. You can ask us at any time to remove your CV from our database by emailing [email protected] – but please note that this means we will no longer consider you for the role you have applied for.