Financial Crime Risk Manager - Europe

About Tide:

At Tide, we are building a finance & admin platform designed to save small businesses time and money. We provide our members with business accounts and related banking services, but also a comprehensive set of connected administrative solutions from invoicing to accounting.

Launched in 2017, Tide is now the leading business financial platform in the UK with 575,000 SME members (10% market share) and more than 300,000 SMEs in India. Headquartered in London, Tide has over 1,800 Tideans across the UK, Bulgaria, India, Serbia, Romania, Ukraine and Germany. 

Tide is rapidly growing, expanding into new markets and always looking for passionate and driven people. Join us in our mission to empower small businesses and help them save time and money.   

What we’re looking for:

At Tide we are looking for a Financial Crime Risk Manager - Europe, to work as part of our 2LOD team. The role will be responsible for creating, managing and enforcing our financial crime policy and risk assessments. The role reports to the Director of Risk and Compliance - Europe and is an integral part of managing Financial Crime Risk across Europe. This is an exciting opportunity to be part of a new country launch for Tide, helping shape how we manage financial crime risk in Europe, and scale it as we grow our business. 

The Financial Crime Risk Manager - Europe must be acquainted with the CSSF and BaFIN regulatory requirements, including industry best practices for mitigating common risks. You must have experience in providing advisory, support and oversight to 1LOD teams in order to understand gaps or deficiencies, and be comfortable sharing these with senior stakeholders to drive change. You will lead internal forums to demonstrate  adherence to regulation, policy, risk appetite, and risk management frameworks. You will ensure that all financial crime risks at Tide are recorded on the Risk Register and will assist 1LOD with Risk Treatment plans to reduce the risks that have materialised as priority, whilst documenting emerging risks in conjunction with Financial Crime Intelligence.

As a Financial Crime Risk Manager you’ll be: 

• Building a successful 2LOD operation from scratch setting the standard for financial crime risk across Tide Europe.
• Creating and then maintaining the financial crime/ Product risk assessments on an ongoing basis, things move fast at Tide so it's important these documents stay up to date. 
• Identifying gaps and opportunities for improvement in financial crime risk policies, procedures and processes, and inform risk appetite across the business 
• Maintaining an effective working relationship between the 1st and 2nd line of defence. This role will be the point of contact on matters relevant to financial crime, including escalating significant matters, providing additional information, analysing/interpreting legal, regulatory and internal policy/procedure issues. This includes proactively escalating financial crime risks to all relevant stakeholders at internal governance forums.
• Collaborating and assisting Financial Crime risk and Compliance team members as necessary for continuous improvement of processes and to share best practices 

What makes you a great fit: 

• Minimum of 5 years of practical experience in financial crime roles within a European Banking Authority supervised firm preferably BaFin and CSSF-regulated financial services firms and has a good understanding of best practise. Its important that you are a free thinker and someone who wants to go over and above to improve the way things.  
• Specifically in a 2LOD team or closely working with 2LOD. 
• Experience in conducting Financial Crime risk assessments and ability to communicate effectively with 1LOD teams, to ensure they understand the risks in their area.
• Understanding and oversight of Key financial Crime risk indicators and metrics
• Capability to create metrics, and then summarise them into an easily digestible report which calls out the key trends on a monthly basis for senior stakeholders at governance forums
• Excellent verbal, written, and interpersonal communication skills in English. German and French is considered an additional asset,
• A real passion for fighting financial crime. At Tide we really care about the impact we made on the wider field when it comes to reducing financial crime.
• Participating in external forums and engaging with other Financial Institutes to have an impact is a another area we would want you to be passionate about 
• Must be self-motivator, self-starter and ability to work independently and has a genuine passion for financial crime. 
• Are passionate about using technology, excited about the prospect of building from the beginning and scaling and really getting to grips with products and financial crime risk associated with them
• The ability (and enjoy)  to multitask and successfully operate in a fast paced, team environment will be key to your success at Tide. Must adapt well to change and successfully set and adjust priorities as needed.

What you’ll get in return:

• 26 days paid annual leave 
• 3 paid days off for volunteering or L&D activities
• Extended maternity and paternity leave covered by the company
• Personal L&D budget in the amount of 1000 EUR per year
• Statutory Health insurance and Pension contribution 
• Mental wellbeing platform 
• WFH equipment allowance
• Flexible working from home
• Sabbatical Leave
• Share options

Tidean Ways of Working 

Make work, work for you! Tide embraces and supports flexible working arrangements. We are a remote-first business that enables its employees to work remotely from anywhere in their home country. Additionally, Our Working Outside the Office (WOO) policy allows you to work from anywhere in the world, up to 90 days per year per country.

We are remote-first, but when you do want to meet new people, collaborate with your team or simply hang out with your colleagues, our offices are always available and equipped to the highest standard. We offer flexible working hours and trust our employees to do their work well, at times that suit them and their team.

Tide is a place for everyone

At Tide, we believe that we can only succeed if we let our differences enrich our culture. Our Tideans come from a variety of backgrounds and experience levels. We consider everyone irrespective of their ethnicity, religion, sexual orientation, gender identity, family or parental status, national origin, veteran, neurodiversity status or disability status. We celebrate diversity in our workforce as a cornerstone of our success. Our commitment to a broad spectrum of ideas and backgrounds is what enables us to build products that resonate with our members’ diverse needs and lives. 

We are One Team and foster a transparent and inclusive environment, where everyone’s voice is heard.

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