FinCrime Risk Manager Correspondent Banking

Revolut

About The Role

Our Financial Crime team blends regulatory expertise with data-driven thinking to make sure our products meet legal and policy requirements and deliver real value to customers. In a fast-moving, digital environment, they stay one step ahead by finding smart, scalable ways to prevent financial crime.

Were looking for a Financial Crime Risk Manager with expertise in correspondent banking to collaborate with our first-line FinCrime teams in building safe, effective controls.

You ll work closely with stakeholders across the first and second lines in multiple jurisdictions, ensuring rigorous due diligence, risk-based decision-making, and continuous oversight of our banking partners.

Up to shape whats next in finance? Lets get in touch.

What Youll Be Doing

• Leading the financial crime risk assessment and advisory process for onboarding
• Maintaining relationships with respondent banks, including setting functional requirements for financial crime systems and controls
• Reviewing and challenging the AML/CFT frameworks of prospective and existing correspondent banking partners against Revolut s standards and risk appetite
• Assessing and documenting customer due diligence, ownership structures, control frameworks, and expected fund flows
• Establishing and embedding processes for ongoing monitoring of respondent bank relationships, including periodic reviews, trigger event assessments, and transactional risk profiling
• Drafting and presenting written risk assessments and recommendations to relevant committees for onboarding and continued engagement decisions
• Monitoring and interpreting relevant regulatory and typology developments (e.g., FATF, Wolfsberg, Travel Rule) to inform controls and processes
• Maintaining and ensuring detailed, audit-ready documentation in internal systems, and providing support during audits or regulatory inquiries
  
  

What Youll Need

• 10+ years of experience in financial crime compliance or risk management within a financial institution, consultancy, or regulator
• 5+ years of experience in a correspondent banking related role conducting and documenting enhanced due diligence reviews on financial institutions
• A deep understanding of global AML/CFT and sanctions standards (e.g., FATF, EU AMLDs, OFAC, Wolfsberg principles)
• Experience evaluating FinCrime policies, procedures, and processes, including transaction monitoring, screening, fraud prevention/detection, and customer onboarding
• Solid analytical and problem-solving skills with sound judgement in risk-based decision making
• Excellent written communication and presentation skills, including experience writing formal risk assessments and recommendations
  
  

Nice to have

• Professional qualifications (e.g., CAMS, ICA Diploma in AML, CFCS)
• In-depth knowledge of risk exposures arising from nested correspondent banking arrangements
• Great data analytics skills using SQL, Python, etc. to detect patterns in transaction data and enhance risk profiling
• Experience with system optimisation, defining functional requirements for KYC/AML tools, TM systems, and sanction screening solutions
• Experience working with multi-jurisdictional teams, regulators, and legal environments