Fincrime & AML Assurance Manager

What is Flagstone?

Flagstone is many things. An online savings platform, reinventing how individuals, businesses, and charities manage, protect, and grow their cash. A diverse group of people, bound by a collaborative spirit, and shared purpose. And lastly, a thriving, profitable business – where smart people do their best work.

Each definition shares a common thread: our unique culture. It’s our pride and joy. And our competitive advantage.

A feel for our culture

To revolutionise the savings market, we need to be at our best. But high performance takes more than talent – it takes a culture of kindness, respect, and growth.

That’s why we’re building a diverse, inclusive community, where your voice is heard and valued. Where, with close support and room to develop, you can surpass even your own expectations. And be rewarded for it.

We may not change the world, but we can change the world of financial technology. And all it takes is a winning mix of drive, talent, and empathy. Our culture celebrates all three.
But enough about us. Let’s talk about you.

Does this sound like you?

You’re a Fincrime & AML Assurance Team Manager, with an analytical and investigative mindset, who’s excited to forge a new way to save. 

What you’ll do:

As a Fincrime & AML Assurance Team Manager in our Second Line of Defence AML Team, you will support the MLRO and AML Function in executing the Compliance and AML strategy at Flagstone Group, providing day to day operational management of the AML function in accordance with the Three Lines of Defence (3LOD).  

You will ensure that our AML frameworks are robust and operating effectively in order to be fully compliant with all statutory and regulatory obligations in relation to AML, CTF and Sanctions. You will have a strong working knowledge of all key AML regulations and maintain effective relationships with internal departments, compliance colleagues, and external stakeholders.  

You will be responsible for designing, documenting, implementing and leading a Fincrime and AML Assurance Framework that covers the following elements:  

• Assurance testing over core 2LOD and some 1LOD AML activities such as approvals, advice and escalations.  
• Ongoing review of AML, Sanctions and Financial Crime related policies, standards and procedures, ensuring they are up to date and proportionate
• Development, production and presentation of Management Information in relation to assurance.
• Ongoing horizon scanning for AML and Sanctions related regulatory change.  
• Ensuring that key controls are developed and implemented during new product and process design and implementation.  In particular, in relation to automated onboarding workflows.
• Development and delivery of AML and sanctions related training.  
• Support the review and update of the AML and Sanctions Risk and Control Assessment.   
• Ongoing review of the effective and efficient configuration of 3rd Party AML and eKYC tools (e.g. Customer Screening, Transaction Monitoring, identity verification) 
• Oversee the effective remediation of incidents and their root causes.  

What you’ll bring:

• A strong knowledge of current AML and sanctions regulations, including the FCA regulatory requirements, Money Laundering Regulations, JMLSG, Wolfsberg, FATF, Transparency International, OFSI and Payment Services Regulations.  
• Strong understanding of Customer Due Diligence and Know Your Customer requirements for multiple client types, including Trusts, SIPPs, Corporates and Individuals - with 5+ years in compliance.
• Proven, hands-on experience of developing policies and implementing frameworks in anti-financial crime roles, ideally in the FinTech sector 
• Proficiency in relevant AML/CTF software and systems. Experience with ComplyAdvantage and GBG will be beneficial.  
• Experience working in a UK Financial Services environment. 
• Good organisational skills and the ability to multi-task and manage time effectively.   
• Collaborative mindset with effective communication and interpersonal skills (both written and verbal) 

How we reward you:

At Flagstone, the benefits extend beyond false gifts like “fruit and snacks”. Instead, we invest in your health, wealth, and professional development. Here’s a selection of our benefits:

• Private healthcare
• Life insurance (four times your annual salary)
• Dental/optical care
• Matched pension contributions (5%)
• Income protection
• Around the World in 90 days (remote working possibility)
• £1,000 annual learning bursary
• 25 days holiday (plus bank holidays)
• Home working kit, for when you're not in the office
• Additional 3 days community and charity leave each year
• Quarterly half days for Wellness leave
• Flexible bank holidays
• Gym discount

All are welcome.

At Flagstone, we’re assembling a diverse team that defies our industry’s norms. Think this role could suit you? We encourage you to apply, no matter your background.

#LI-Hybrid