Head of FinCrime Compliance

This a Full Remote job, the offer is available from: Israel, Poland, Romania, Portugal, Spain, United Kingdom, Ireland

About Revolut

People deserve more from their money. More visibility, more control, more freedom. And since 2015, Revolut has been on a mission to deliver just that. With an arsenal of awesome products that span spending, saving, travel, transfers, investing, exchanging and more, our super app has helped 35+ million customers get more from their money. And we're not done yet.

As we continue our lightning-fast growth,‌ two things are essential to continuing our success: our people and our culture. We've been officially certified as a Great Place to Work™ in recognition of our outstanding employee experience So far, we have 8,000+ people working around the world, from our great offices or remotely, on our mission. And we're looking for more. We want brilliant people that love building great products, love redefining success, and love turning the complexity of a chaotic world into the simplicity of a beautiful solution.

Financial Crime Compliance is a key team that ensures Revolut’s products and processes meet global AML/CTF regulatory requirements and translate these into the best customer outcomes.

We’re looking for someone to be the first to join our Israel FinCrime Compliance team. You'll be the lead on providing necessary oversight over all things FinCrime (AML, CTF, Sanction, and Fraud) for our soon-to-launch Israeli expansion. This position is critical to supporting the growth of Revolut’s business in Israel, and will be the focal point for all activity within Revolut Israel relating to FinCrime.

We’re looking for someone with extensive experience in the financial industry in Israel and familiarity with the regulatory frameworks and risks in the market. Someone with proven experience in a compliance function and who's excited to design, lead, and shape the future of oversight and compliance for Revolut Israel.

You’ll have an outstanding ability to find solutions and carry out testing in a purely digital environment. As a data-driven expert, you’ll know that people and machines are the most effective way of managing compliance risk 🎯

Up for the challenge? Let's get in touch 👇

• Consulting and overseeing all FinCrime and Compliance decisions related to the expansion of Revolut Israel, such as policies, procedures, risk assessments, and controls evaluations
• Providing oversight and support to the identification, remediation, and resolution of FinCrime-related risk incidents
• Assisting senior management in defining local standards to manage financial crime risks, ensuring that these standards are applied across the organisation
• Providing 2LoD support to the business and 1LoD FinCrime teams with the launch of products, procedures, processes, and systems
• Ensuring FinCrime risks are considered in our day-to-day operations, including the development of new products and onboarding of new customers
• Supporting the maintenance of FinCrime training provided to all employees
• Participating in FinCrime-related governance committees to effectively check and challenge initiative owners, identify potential issues, and propose solutions
• Establishing, maintaining, and reviewing dashboards on an ongoing basis to identify areas that might fall outside our risk appetite and require further investigation
• Preparing reports for Senior Management, Group committees, and the Board, escalating any key or high-risk financial crime compliance issues

• Fluency in English and Hebrew with excellent communication skills
• 6+ years of FinCrime (AML/CTF and Sanctions) experience, covering a wide range of subjects across retail and business customer bases, such as KYC, CDD/EDD, Transaction Monitoring, Risk Assessments, and Reporting (SARs)
• Knowledge and understanding of anti-financial crime frameworks (AML/CTF and Sanctions policies) and regulatory recommendations, risk management good-practice, procedures, and control arrangements in a complex financial organisation
• Excellent knowledge of local Israeli requirements for financial crime controls
• An understanding of industry-wide financial crime practices and trends in Israel
• Experience identifying financial crime risks and potential vulnerabilities, and advising on best practices to effectively and efficiently address those findings
• A proven record of stakeholder management and the ability to collaborate, negotiate, and communicate effectively with stakeholders
• The ability to analyse data, compliance processes, and practices and draw conclusions to make recommendations

• A professional qualification from an internationally recognised body (e.g. ICA, ACAMS)
• Sound knowledge of key regulatory issues on anti-fraud and control assessment processes (especially in Israel)

Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

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