Financial Crime Compliance Manager - Japan


  • Location
    • Tokyo
  • Date Posted
  • 23 Oct 2020
  • Function
  • Legal
  • Sector
  • Fintech

About the team

The Financial Crime Risk department is at the forefront of Revolut’s efforts to keep customers and their money safe. Working directly with customers to resolve issues and flag potential concerns and using cutting edge technology, we aim to prevent financial crime more effectively than traditional banks. The Financial Compliance Risk team brings Revolut’s commitment to improving all aspects of finance to risk management.

We operate in small, nimble teams that are built for scale, speed, and quality. Each unit is responsible for a different pillar of Financial Crime, giving you the chance to have a real impact on crucial problems that affect millions of people around the world. Join a team that knows that better people and machines are the most effective way of managing financial crime risk.

About the role

We’re looking for a Financial Crime Compliance Manager within our Tokyo office to build on our product expertise on AML/CTF, fraud and sanctions within Financial Crime Risk. This will relate to the existing services provided to users as well as those we intend to develop in the near future.

What you'll be doing

  • Proactively engaging with First line key stakeholders to advise on the design of systems, controls and risks pertaining to AML/CTF, fraud and sanctions.
  • Escalating and providing feedback to identify AML/CTF, fraud and sanctions risks and issues to Senior management (including MLRO/Head of Financial Crime Risk) locally or globally.
  • Dealing with escalations from the First line and providing practical advice on required actions
  • Assisting senior management in defining group standards to managing Financial Crime risks monitoring, investigations and reporting processes and making sure that standards are applied across the board
  • Providing input to design and execution of Financial Crime risks monitoring, investigations and reporting processes testing program
  • Providing input to Financial Crime risk procedures and validating them
  • Validating that systems and controls adequately address AML/CTF, fraud and sanctions risks
  • Providing input to training materials for employees on AML/CTF, fraud and sanctions risks
  • Tracking Financial Crime risks related regulatory changes and ensuring they are implemented to stay compliant
  • Assisting in dealing with regulatory/partner inquiries on Financial Crime risks
  • Promoting culture of compliance within the organisation

What you’ll need

  • At least 3 years of practical experience in Anti-financial crime advisory roles within an FSA (Financial Service Agency; 金融庁) regulated financial services firm or regulator specializing in AML/CTF transaction monitoring, investigations and reporting
  • Profound knowledge of Act on Prevention of Transfer of Criminal Proceeds (犯罪による収益の移転防止に関する法律), FATF guidance or other international regulation
  • Proactively identifying situations that may pose significant local compliance risk and guides management in the development/reviewing/updating of relevant policies, procedures and business practices
  • Ability to validate and provide assurance on Financial Crime risks monitoring, investigations and reporting
  • Driving a compliance review and analysis of new regulatory developments and maintaining oversight of developments impacting business activities
  • Collaborating with internal Compliance teams (such as Financial Crime, Compliance Operations, Risk & Controls) to identify clear steps necessary to mitigate those regulatory risks and provide those recommendations in the form of clear business requirements
  • Assisting to prepare the reports to senior management, the Board and escalating any key or high risk compliance issues within our existing governance structure
  • You are an in-depth strategic thinker with the ability to work in a fast-paced environment across a large number of functional groups and be able to manage the business needs of Revolut.
  • You are committed to, and excited about, world class compliance and independent oversight of this important agenda.
  • Professional qualification from an internationally recognized body would be a plus (e.g. ICA, ACAMS)
  • Excellent English and Japanese skills (written and oral) are a must

A little about us…When Revolut was founded in 2015, we had a vision to build a sustainable, digital alternative to traditional big banks. Our mission now is to help our customers improve their financial health, empower them to have more control, and promote financial cohesion across the communities in which we operate. Launching into 2020 with 10 million Personal customers and over a quarter of a million Business customers only reinforced our belief in the vast need across the world for better financial services. As our customer base has boomed in the last year, we’ve expanded our team to match that growth. We started 2019 with several hundred employees; we closed it out with 2000.

What we’re looking for…Revolut is being scaled up by people all around the world who share our vision. We’re looking for people who align with our four core values: we Never Settle, we Get It Done because we Think Deeper and we’re Stronger Together. You’re the kind of person who wants to join a community of forward-thinking people, all personally and professionally invested in Revolut’s mission. You thrive in a collaborative space where everyone’s learning from each other, and learning fast. We believe in empowering our Revoluters in their work, giving them autonomy and ownership of what they do. We want everyone at Revolut to own their story and their successes - working with us means you’re not just another cog in the machine.

The benefits

Competitive salary

Biannual equity bonuses

  • All the latest tech you need
  • 20 days paid holiday per year
  • Up to 10 days paid sick leave per year
  • Medical insurance and pension plan as required by Japanese labour law
  • Monthly commuting scheme covered by employer