Money Laundering Reporting Officer
About Volt
Volt is revolutionising how people pay online, globally. Our technology frees consumers from cards by letting them ‘Pay by Bank’. It’s effortless. It’s lightning fast. It’s the future. For businesses everywhere, it’s transformative.
We’re already trusted by leading brands around the world, but the real-time revolution is only just beginning. Having raised $83.5m, we’re accelerating our mission of delivering real-time payments, everywhere. And that’s where you come in.
We need world-class talent to create a world where consumers pay, and businesses get paid, instantly. With headquarters in London and offices in Kraków and Warsaw – and an all-star team already in place – we’re sure you’ll fit right in.
About the role
As Money Laundering Reporting Officer for our Polish entity, you will be responsible for overseeing the Company’s AML/CTF systems and controls and monitoring the effectiveness of policies and procedures, to ensure that they remain adequate and proportionate to the business and financial services environment in which Volt operates.Reporting to the Global SVP of Compliance, you will support staff in conducting investigations on customer’s activity which might be related to money laundering and terrorist financing and will be the main point of contact with the office of the General Inspector of Financial Information in Poland (GIIF), as well as other Financial Crime Investigation Units relevant for markets on which Volt will operate.
What the role involves- Developing and managing Volt.io’s compliance framework for its EU operations (a domestic payment institution licensed in Poland (KIP) and passported into EU/EEA countries), ensuring adherence to Polish and EU regulations, including AML/CTF directives.
- Acting as the designated Money Laundering Reporting Officer (MLRO) for the EU, overseeing all AML/CTF activities, policies, and reporting.
- Serving as the primary liaison with the KNF and other EU regulatory bodies.
- Escalating to Senior Management issues related to regulatory risks and/or external institution enquiries where necessary, including owning internal reporting and KPIs related to Compliance in Poland.
- Monitoring regulatory developments and ensuring Volt remains compliant with evolving standards.
- Owning the Compliance Monitoring Plan (CMP) for Poland and the EU/EEA.
- Establishing and maintaining effective AML/CTF systems, including transaction monitoring, customer due diligence (CDD), and enhanced due diligence (EDD).
- Investigating and reporting suspicious transactions, ensuring compliance with SAR reporting requirements.
- Conducting periodic risk assessments to evaluate and mitigate AML/CTF risks.
- Managing regulatory inspections, audits, and inquiries, maintaining a transparent and constructive relationship with regulators.
- Working with business stakeholders to prepare and submit regulatory reports to authorities and internal stakeholders.
- Liaising with internal and external auditors and other institutions, as well as potential and existing business partners, ensuring all queries and requests are addressed in a timely and accurate manner.
- 5+ years of compliance experience in the financial services industry, ideally in the payments sector, managing AML/onboarding/transaction monitoring teams.
- Prior experience in the role of an MLRO or Deputy MLRO
- Experience in managing escalations and conducting investigations of suspicious activities, transactions and fraud.
- Knowledge of the regulatory environment and key financial crime regimes in order to provide reporting to the Polish Financial Supervision Authority (KNF).
- Well-versed in Polish and EU/EEA payments law and other regulations relevant for a European payment institution.
- Experience in B2B services (open banking solutions would be an advantage).
- Certified by professional bodies such as Association of Certified Anti-Money Laundering Specialists (ACAMS) or holder of a Diploma in Anti-Money Laundering issued by the International Compliance Association (ICA) will be considered an advantage.
- Fluent in English and Polish, with outstanding written and verbal communication and interpersonal skills.
- Able to analyze situations and information quickly and confidently, escalating issues to colleagues and management members in a concise and well-organised manner.
- High self-motivation, attention to detail, diligence and ability to multi-task and manage priorities in order to meet deadlines.
Benefits
What you can expect from us- We champion ‘extreme ownership’ – being not just the owner of your own tasks, but a key member of a team united by, and accountable for, common goals,
- During the week we mostly work remotely but for those who prefer to be in the office we arranged coworking spaces in Warsaw (Business Link Astoria) and Cracow (Loftmill),
- Every occasion is a good reason for celebration; we organise Christmas parties and company retreats,
- We care about our employees’ health, so you will be provided with a Multisport card and medical insurance by Luxmed,
- We offer paid holidays (pssst...we will give you one day off extra for your birthday),
- In addition, once every two months on Friday we close down all comms at Volt - a digital detox. The whole business is officially ordered to take the day off!
- If you want to work in a company with a great, start-up atmosphere, you don’t have to look further :)
At Volt, diversity and inclusion are integral to our culture.
We believe in hiring for cultural add, embracing difference and fostering a safe space where everyone can bring their authentic selves. Our mission is to transform the payments industry and this is only possible through the power of our diverse and talented team.
Join us in making real-time payments accessible for all.
We are happy to consider any reasonable adjustments that candidates may need during the recruitment process and you will be asked whether you require any during your application. If there are additional options you’d like to request, please contact your Talent Acquisition Specialist.