Risk Manager

Clear Junction Holding Limited

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Requirements for candidates

Proven experience in risk management, preferably in a fintech or finance industry
Strong understanding of risk management frameworks, methodologies, and tools.
Excellent analytical and problem-solving skills.
Effective communication and interpersonal abilities.
Ability to work collaboratively with cross-functional teams.
In-depth knowledge of industry regulations and compliance requirements.
A track record of successfully managing risks and implementing risk management strategies.

Job description

Clear Junction is a global payments company, licensed and regulated by the FCA in the UK, that offers regulated end-to-end payment solutions based on proprietary in-house technology. The company & infrastructure is designed to meet the growing needs of global financial companies.

Founded in 2016, the business has seen double-digit growth year on year, with over 100 fintech professionals now based across the UK and mainland Europe. Clear Junction is ranked number one in the FEBE Growth 100 list as the fastest-growing, founder-led, privately owned business in the UK.

We seek an experienced and dynamic individual to join our team as the Risk Manager; reporting to the Head of AML Compliance Division. The ideal candidate will have a proven track record in risk management, exceptional problem-solving skills, and the ability to work collaboratively with various teams to safeguard the company's interests.

Responsibilities:

Regarding clients and customers:

Compliance due diligence and initial risk assessment of potential clients.
Development of client settings to be implemented by the IT Dept;
Conducting customer due diligence during onboarding.
Writing off customer fees, when delegated by the Head of AML Compliance;
Updating whitelists;
Blacklisting vIBANs;
Granting approvals for providing new payment methods, additional currency services and expanded solutions for existing clients;
Performing duties of a Risk Operations Analyst, if requested by the Risk and Compliance Director

Client periodic monitoring;

Studying possible substantial changes in client business model, licenses suspended, revoked or obtained, search for adverse media etc.
Investigate into issues found;
If clients explanations are needed, address the client with a Client Services Manager acting as a proxy;
As a result of the investigation the clients level of risk can be updated and AML rules can be changed;
Complicated issues are escalated to the Head of AML Compliance Division;
Documenting results of periodic monitoring.

Customer periodic monitoring;

Uploading the sanctions list;

Contribute to payment investigations, related to ML/TF suspicions;

Oversee client account closure;

Partners (banks, providers):

Performing new partners (banks, providers) risk assessment and compliance due diligence;
Performing periodic reassessments of the existing partners;
Control and provide input, from the risk and compliance perspective, in the process of closing CJ account with a partner;
Performing other compliance-related tasks if delegated by the Head of AML Compliance Department
Maintaining appropriate audit trail and required documentation;

CJ services and software improvement:

Develop proposals for improvements in company services (products, solutions);
Develop proposals for improvements in the functionality of the company's proprietary software (gate7, bank7, web applications and others);
Develop suggestions to enhance company CRM software;
Consult the company team on risk and compliance issues