Financial Crime Oversight & Advisory Specialist

ABOUT TIDE

At Tide, we are building a business management  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 used by over 1 million small businesses across the world and is available to UK, Indian and German SMEs. Headquartered in central London, with offices in Sofia, Hyderabad, Delhi, Berlin and Belgrade, Tide employs over 2,000 employees.

Tide is rapidly growing, expanding into new products and 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.

ABOUT THE TEAM

At Tide we are looking for a sanctions risk oversight & advisory specialist, to work as part of our 2nd line of defence team. You will be part of a team is responsible for managing all Financial Crime risk across all jurisdictions we are acting in and including target jurisdictions. It is the responsibility of this team to set the policies and standards for Tide and to ensure they are clearly communicated to Tides 1LOD operational teams and also handle important escalations.

The oversight and advisory team is responsible for ensuring that standards are met and where incidents occur they are raised and closed in accordance with Tide’s risk governance policies. This role will be the point of contact and subject matter expert on sanctions risk, which will often include decision making, escalating significant matters to senior stakeholders, analysing/interpreting legal, managing regulatory and internal policy/procedure issues.

 

ABOUT THE ROLE 

As a Sanctions Oversight & Advisory Specialist you’ll be:

• Act as UK, EU, UN and OFAC sanctions subject matter expert.
• Provide guidance and advice concerning new and existing sanctions regulations and identify material regime changes.
  • Maintaining and development of global sanctions compliance policies and frameworks
• Perform penetration testing of our screening tools to ensure the configuration and settings are performing in line with expectations and risk appetite
  • Regulators (e.g., FCA, BaFin, CSSF, RBI) expect that sanctions screening systems are tested and calibrated to detect realistic variations. Testing must include edge cases, known fuzzy match scenarios, and historical typologies to ensure the system is effectively identifying all relevant risks.
• Assess business and risk impacts and provide support to help define required system changes and controls for the firm to remain compliant and satisfactorily manage sanctions risks.
• Conduct, oversee and support reviews and investigations in specific sanctions-related escalations with regional 2LOD teams.
• Partner with regional Financial Crime Teams to support and advise on complex sanctions issues and investigations.
• Complete ad-hoc tasks as required to contribute to the success of the firm's sanctions program.
• Own and maintain the business wide sanctions and proliferation financing risk assessment globally
• Responsible for conducting compliance monitoring and adherence to global sanctions regimes 

 

WHAT WE ARE LOOKING FOR 

• 5+ years experience in AML/CTF & Sanctions role within an FCA / PRA-regulated financial services firm; specifically in a 2nd line of defence team
• Familiarity with EU/UK/UN/US, AML/CTF & Sanctions regulations; and an ability to interpret and apply these to a complex operating environment  
• Experience working as part of a financial crime/compliance team focusing on CDD, fraud, transaction monitoring, risk assessment, investigations and ongoing monitoring
• Strong analytical skills, ability to manipulate data, and produce MI
• Strong oral and written communication skills - giving you the ability to work cross functionally and to build relationships with team members across the globe
• Ability to work effectively and independently in a fast paced, high volume environment

 

WHAT YOU WILL GET IN RETURN

• 25 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 BGN per year
• Additional health & dental insurance
• Mental wellbeing platform 
• Fully covered Multisports card
• Food vouchers 
• Snacks, light food, drinks in the office
• WFH equipment allowance
• Flexible working from home
• Sabbatical Leave 
• Share options

 

TIDEAN WAYS OF WORKING 

At Tide, we champion a flexible workplace model that supports both in-person and remote work to cater to the specific needs of our different teams. 

While remote work is supported, we believe in the power of face-to-face interactions to foster team spirit and collaboration. Our offices are designed as hubs for innovation and team-building, where we encourage regular in-person gatherings to foster a strong sense of community.

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 or differently-abled 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.

 

At Tide, we thrive on diversity, embracing various backgrounds and experiences. We welcome all individuals regardless of ethnicity, religion, sexual orientation, gender identity, or disability. Our inclusive culture is key to our success, helping us build products that meet our members' diverse needs. We are One Team, committed to transparency and ensuring everyone’s voice is heard.

 

You personal data will be processed by Tide for recruitment purposes and in accordance with Tide's Recruitment Privacy Notice.