We’re hiring an experienced Head of Financial Crime Prevention, to head our growing team of specialists and to take responsibility for developing, implementing, and continuously improving our financial crime prevention program as we continue our successful journey.

Sounds like you? Have a read and apply today!

The company.

Finshark is an open banking company unlocking payments and financial data products for all businesses. By removing friction from the legacy processes behind payments, checkouts and within the financial services industry, it powers the breeziest customer experiences in finance.

Founded in Sweden in 2019, with offices in Stockholm and Lund and with the vision to provide payment services across the EU/EES area, Finshark turns open banking into customer successes.

The role.

In this newly established and strategically important role as Head of Financial Crime Prevention you will have a central role and work in close collaboration with the business, IT, Risk and Compliance functions Together with your team, your responsibility will be to identify and ensure execution of all necessary activities to ensure that Finshark’s operational financial crime prevention work is in line with external requirements and Finshark’s internal risk evaluation and other regulations. You will also ensure that our processes are innovative and customer friendly. This role will entitle you a great deal of ownership for the first line of defense financial crime prevention work, such as development, implementation and coordination of processes and projects based on Finshark's strategic risk evaluation. The position will report to Chief Operations Officer and will be responsible for leading a team of AML and antifraud specialists and act as a subject matter expert within the area.

The responsibilities.

• Strengthen Finshark's ability to identify, monitor and manage AML risks, prevent fraud and evaluate new financial crime trends.
• Lead and develop the Financial Crime Prevention team and provide it with the best possible conditions to succeed.
• Establish routines and initiate and drive projects regarding the implementation of changes within our financial crime prevention framework.
• Ensure that internal processes such as KYC, onboarding, transaction monitoring, fraud management, sanction screening and ODD work well and efficiently and identify the need and opportunity for improvements.
• Support the identification of AML risks in connection with product development and Finshark's entry into new market segments.
• Work closely with the Specially Appointed Executive and the MLRO to provide the operational perspective in connection with updating governing documents within the AML area as well as being responsible in the first line of defense for ensuring compliance with external regulations.
• Develop and present clear recommendations, analyses, investigations and reports for decision makers.

The skills.

• A minimum of 8 years of relevant experience working within AML/CTF and experience of working in the first line of defense is strongly preferred.
• Managerial experience and leading a team by successfully designing and implementing goal-setting frameworks.
• Good knowledge of KYC and transaction monitoring and understanding of business needs when it comes to the interplay between sales, product, and compliance.
• Being proactive, action oriented and effective problem solver with a hands-on approach as well as being a humble team player.
• Master’s degree or equivalent work experience is required and vast experience within the open banking sector (alternatively banking/lending/credit decisioning sector) is a huge advantage.
• Excellent communication, presentation, leadership, and team-building skills, with a proven ability to work effectively with fast-paced, international, cross-functional teams.
• Excellent English skills (written and verbal).

Does all this sound good to you? Apply today and let’s chat, we cannot wait to meet you!

Finshark is a Payment Institution licensed by the Swedish Financial Supervisory Authority (Finansinspektionen) and authorized to provide payment services across EU/EES.