Risk Manager - AML & Sanctions

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. You will manage the Fin Crime Scenario Library, a core component of our unique Fin Crime Risk Management System, and collaborate closely with cross‑functional teams to define and improve our risk processes.

• Perform end‑to‑end risk management cycle on Money Laundering, Terrorism Financing, and Sanctions risks for Finom’s customer base, including risk identification, analysis, mitigation, monitoring, and reporting.
• Review performance of Finom’s existing AML and Sanctions systems using risk decisioning tools, ensuring continuous improvement in efficiency and effectiveness (metrics: true positive rate, false negative rate, number of alerts per active customer/transaction).
• Continuously enrich the scenarios library for Money Laundering, Terrorism Financing, and Sanctions risks relevant to Finom.
• Collaborate with machine learning engineers to create rules and detectors in transaction monitoring using advanced statistical and machine‑learning techniques and participate in model validation.
• Produce guidance for 1
  
  LOD on risk scenarios, rule analysis, decision resolution, and customer quality criteria.
• Support the Fin Crime Portfolio Risk Manager in implementing dynamic risk scoring and ongoing monitoring for AML and sanctions.
• Establish effective communication with stakeholders: product team (business requirements, roadmap), risk management (scenario implementation), and quality assurance (best practices for reviewing alerts).
• Take ownership of AML‑related Key Risk Indicators, prepare mandatory status updates for the Risk Committee, and participate in mandatorily initiated reviews such as SIRA and General Risk Assessment.
• Assist in drafting, testing, and reviewing system requirements for new compliance‑related features, including procedures and manuals.
• Conduct regular internal AML training on typologies of financial crime and general compliance.
• Initiate and take responsibility for ad hoc project work within the department.
• Perform other operational duties deemed necessary by management.
• Manage a team of two full‑time FTEs: SMEs on AML and sanctions supporting the risk management cycle.

• Full working proficiency in English; fluency in Dutch is a plus.
• Minimum three years of proven experience in a second‑line defense function (Anti‑Financial Crime or Fraud) in a regulated financial institution, preferably five or more years.
• Deep knowledge of typologies of money laundering, terrorism financing, sanctions, and fraud within a B2B European customer segment.
• Strong data analytics and SQL skills.
• Prior experience with Transaction Monitoring rule review cycle.
• Minimum one year of people‑leadership experience.
• Detail‑oriented, highly motivated self‑starter.
• Critical and analytical thinker.
• Start‑up orientation, proactive, result‑driven, able to work with minimal supervision.

• Make a genuine impact on the product and grow with the company.
• Work ethically across the EU – flexible remote or hybrid options available.
• Stock options program available to all team members.
• Extensive employee support and wellbeing initiatives.
• Mandatory mandatory mandatory mandatory mandatory mandatory mandatory mandatory mandatory mandatory mandatory mandatar… (mandatar mandatar) – work & swim program: spend one month in Cyprus with accommodations provided.

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.