The Compliance Risk Manager will be part of the Airbnb Payments UK Limited (APUK) Payments Compliance team responsible for building Compliance Risk Management framework to support APUK in managing the team’s overall compliance and AML risk, enterprise risk management and compliance with applicable laws & regulations.
The Difference You Will Make:
This role will develop and manage governance programs for Compliance and Risk regarding third party engagement, operational change management, and regulatory exam management. This position will report into the Chief Compliance Officer and will play a large role in setting the strategy and roadmap for the future of the compliance risk governance programs. This role will be an independent contributor working with various stakeholders in developing policies, programs and oversight processes for the department to ensure they are designed to mitigate risks to the business, and are ready for regulatory examinations.
The successful candidate for the role should have experience in creating and implementing the compliance governance framework, AML & CTF risk management, Financial and Trade Sanctions and outsourcing. The candidate should have a minimum of 5 years' experience in the Payments/FinTech environment and should have worked in the regulatory compliance and /or financial crime team as part of the second line of defense. They will require knowledge of relevant FCA principles and rules, UK Money Laundering Regulations and UK JMLSG Guidance notes.
Risk identification, assessment and internal control evaluation, executes and oversees execution of independent risk monitoring, testing and risk assessments
Handle all regulatory and risk issues for AML Compliance and Sanctions Compliance including risk monitoring to ensure compliance with all relevant legal requirements, regulations, protocols and standard processes and best practice
Identify gaps in risk management with a view to preventing potential future losses and or remediating current issues, making appropriate recommendations to mitigate risks.
Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriate
Handle risk policies and business standards across the team and ensure that regulatory obligations are met.
Provide mentorship and advice for the team on regulatory, risk, governance items
Writing and presenting high quality reports and presentations which include the required observations and recommendations
Oversight of APUK Compliance Outsourced Activities:
Develop and maintain the Compliance & Risk policies and program for vendor and operational partner management, design and oversee the implementation of systems and processes to mature these programs.
Work closely with Operational Management, regional leadership, and Compliance & Risk Program Managers to define requirements and closely manage program development and maintenance activities.
Work cross-functionally with vendor management teams outside of Payments to align on expectations, identify efficiencies in programming, and ensure all aspects of vendor management within Airbnb are evidenced in the PCR program.
Work with data to provide impactful quantitative storytelling that enables confident business decisions with respect to third-party relationships.
Manage the UK audit program for all AML, KYC and Sanctions activities, covering periodic independent assessments, model validations, and UK regulatory exams.
Collaborate with other governance team members on an ad hoc internal control testing program to ensure key regulatory requirements are monitored, issues identified are appropriately remediated, and results are communicated with key stakeholders.
Responsible for responding to various regulatory bodies regarding requests related to the compliance program, and any exam activities.
Responsible for compliance issue management, managing remediation activities across the team, confirming gaps are addressed appropriately, and monitoring is put in place to ensure continued compliance.
Develop and launch an operational change management process for compliance and risk operational teams that ensures clear communication & documentation of key process changes, in a repeatable and auditable manner.
Work with operational stakeholders to understand change management requirements, develop a framework for managing process launches and changes, and includes all required approvals.
Responsible for training team members on the expectations of the program, and performing oversight of its operation to ensure adherence to program expectations.
Ability to review complex process and procedure documents with attention to detail to identify potential issues, inaccuracies, or areas of risk.
Participate in cross functional program development with operations, product, design, engineering and data science to define requirements,
Maintain a comprehensive understanding of Compliance & Risk’s current operational processes
Ensure all program activities are documented and maintained appropriately to respond to various regulatory audit obligations.
Bachelor’s Degree or Technical Equivalent
5+ Years work experience, with demonstrated experience in payments, regulatory compliance, audit, risk management, or related fields.
Demonstrated experience working with risk or compliance AML, KYC or Sanctions oversight, audit and/or process reviews
Strong process thinker
Superior attention to detail
Ability to manage multiple projects while maintaining a high degree of quality
Ability to work closely and build trust with regulators and management
Exceptional organization and process management ability
Mission-driven, enthusiastic to learn and grow within the Airbnb community and embody our Core Values; team-oriented with a positive, can-do attitude.
Ability and desire to work in a fast-paced environment