Risk Manager - AML & Sanctions

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, Hub Spot, 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.

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 Fin Crime Scenario Library which lies at the core of our unique Fin Crime 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.

• 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 1
  
  LOD 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 Fin Crime 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…