Financial Crime Prevention Specialist

About the role

Vivid is actively seeking a specialized professional to safeguard our financial infrastructure against illicit activities, including but not limited to fraud, money laundering, and terrorism financing. In this critical capacity, the Financial Crime Prevention Specialist will be responsible for managing compliance workflows and upholding the highest standards of accuracy and integrity. The role demands a disciplined and self-motivated individual capable of operating effectively within a structured framework while adhering to strict regulatory standards. You will serve as a vital line of defense, ensuring that all financial operations conducted through our platforms remain transparent, secure, and fully compliant with global regulations. Success in this position hinges on your ability to interpret complex regulatory language and translate it into precise, actionable procedures. You will act as the essential bridge between our technical compliance systems and operational units, ensuring seamless integration and execution. This is a frontline position where meticulous attention to detail directly impacts the integrity and security of our entire financial ecosystem.

Key facts

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Location: Philippines

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Engagement: Full-time

What you'll do

• Execute comprehensive identity verification for individual customers and business entities using KYC and KYB methodologies. This involves a thorough examination of source documents and beneficial ownership information to confirm authenticity and legitimacy.
• Conduct continuous surveillance of financial transactions to detect anomalies and potential indicators of illicit behavior. You will analyze transaction patterns, volumes, and frequencies to identify deviations that may signal fraud or abuse.
• Function as the primary liaison managing and resolving complex inquiries from partner banking institutions. This requires clear communication and prompt resolution of issues related to account activity and verification.
• Draft, review, and submit Suspicious Activity Reports to the Chief Compliance Officer in a timely and accurate manner. You will compile detailed narratives and evidence to support regulatory filings for potential financial crime.
• Uphold strict adherence to internal protocols while optimizing processing speed and maintaining exceptional data precision. Balancing regulatory compliance with operational efficiency is a core responsibility.
• Analyze case files and documentation to identify patterns that may suggest emerging risks or systemic vulnerabilities. You will proactively assess trends within investigations to prevent future occurrences.
• Collaborate with cross-functional teams to gather necessary documentation and clarify operational procedures. This ensures alignment between compliance requirements and business operations.
• Escalate high-risk findings to senior management and regulatory bodies as required by law and internal policy. You will ensure that critical issues are addressed at the appropriate organizational level.
• Develop and maintain detailed records of all investigations and decisions to ensure audit readiness. Meticulous documentation is essential for internal reviews and external examinations.
• Implement best practices and procedural updates based on changes in regulatory landscapes and industry trends. You will stay current with evolving standards to refine our compliance framework.
• Monitor the effectiveness of existing controls and recommend improvements to strengthen the financial crime framework. This involves a continuous improvement mindset toward risk mitigation.
• Support training initiatives by providing real-world examples and insights to enhance organizational awareness. You will help educate colleagues on recognizing and preventing financial crime.
• Ensure all workflows align with the strategic objectives of the compliance department and the broader organization. Your work will directly support the company's integrity and risk management goals.
• Continuously update your knowledge base to address new threats, techniques, and regulatory amendments. Ongoing professional development is crucial for maintaining efficacy in this role.

Requirements

• Possess a minimum of 5 years of professional experience in Anti-Money Laundering and financial crime prevention. This experience must demonstrate a proven track record in the field.
• Demonstrate fluency in English through both written and verbal communication in a professional environment. Clear and concise communication is vital for reporting and collaboration.
• Show a deep understanding of international Anti-Money Laundering and Counter-Terrorist Financing regulatory frameworks. Knowledge of laws such as AML/CFT directives is mandatory.
• Have proven expertise in Know Your Customer and Know Your Business procedures and their practical application. Mastery of verification techniques for individuals and corporate entities is required.
• Provide a documented background in transaction monitoring and the execution of Enhanced Due Diligence measures. You must have hands-on experience in these specific compliance functions.
• Hold comprehensive knowledge of financial service regulations applicable to the banking and fintech sectors. Familiarity with the regulatory environment in which financial institutions operate is essential.
• Exhibit strong analytical skills to interpret complex data sets and regulatory documents. You will be required to dissect intricate information to identify risks and compliance gaps.
• Maintain a high level of integrity and discretion when handling sensitive financial information. Trustworthiness and confidentiality are paramount in this role.
• Ability to work accurately under pressure with tight deadlines and high volumes of cases. Resilience and precision are key attributes for success.
• Commitment to maintaining confidentiality and adhering to organizational policies and procedures. Strict compliance with internal rules is non-negotiable.
• Willingness to follow established guidelines and processes without deviation. Adherence to protocol is essential for consistency and accuracy.
• Capability to work independently as well as part of a collaborative team environment. You must be adaptable to different working styles and team structures.
• Readiness to adapt to new technologies and compliance tools as they are introduced. A commitment to learning and leveraging new software is expected.

Nice to have

• Prior work experience within a startup or FinTech company. Experience in a fast-paced, growth-oriented environment is advantageous.

Practical notes

Compensation is calculated based on individual experience, skills, and the specific requirements of the role, using gender-neutral assessment criteria.