Team Lead, MLROs

This is a fully remote position, open to applicants in Portugal.

📋 Description

• Serve as Finom’s representative to the Bank of Portugal regarding AML issues and liaise with other pertinent Portuguese authorities in the capacity of Head of Branch.

• Develop the Portuguese AML framework by tailoring group policies to align with Portuguese legislation and creating local operational processes.

• Oversee CDD and Transaction Monitoring policies and procedures within Portugal.

• Establish SAR reporting obligations in Portugal.

• Set and implement reporting requirements for Portuguese authorities concerning integrity and non-integrity matters related to Regulatory Reporting.

• Offer insights specific to Portugal on typologies of fraud, money laundering, and sanctions evasion.

• Collaborate with Risk Management to create rules, scenarios, and controls for Finom's FinCrime Risk Engine.

• Act as a second-line decision-maker for complex, high-risk cases escalated by the first line.

• Contribute to the Enterprise-Wide Risk Assessment and Product Risk Approvals.

• Guide the first line on CDD and Transaction Monitoring, uphold procedures and manuals, and conduct internal AML training.

• Lead, mentor, and develop MLROs and Deputy MLROs across EU branches.

• Create shared MLRO playbooks, templates, escalation guidelines, SAR decision standards, and practices for communicating with regulators.

• Propel organization-wide process enhancements.

• Act as the primary contact for Product, Operations, Regulatory Compliance, Regulatory Reporting, and other functions within the MLRO network.

• Manage MLRO-related Key Risk Indicators (KRIs) and report to the Management Board Risk Committee.

• Coordinate regulatory inspections, authority inquiries, and remediation tasks.

⛳️ Requirements

• Eligibility to work in Portugal.

• Native proficiency in Portuguese.

• Minimum of 4 years in a second line of defense role at a regulated payment, e-money, or banking institution.

• At least 2 years of experience as an MLRO or Deputy MLRO for branches in Portugal.

• A minimum of 2 years of experience in people management.

• Extensive knowledge of Portuguese AML regulations.

• In-depth understanding of the EU AML, Sanctions, and Risk Management frameworks.

• Demonstrated experience working directly with regulators, including the Bank of Portugal.

• Proactive and startup-oriented mindset; capable of identifying issues, engaging stakeholders, and independently driving solutions.

• Preferred: experience with data analytics tools, databases, and AI technologies.

🏝️ Benefits

• €115 million Series C equity round and approximately $346 million in total company funding mentioned, although no specific compensation or benefits for the role are provided.

• An inspiring work environment that encourages bold ideas.

• Opportunity to create a significant impact for users, employees, partners, and the business.