Full-Time
Global Head of Financial Crime Strategy
Confirmed live in the last 24 hours
Nium
1,001-5,000 employees
Global platform for real-time payments
Expert
London, UK
Hybrid position requiring some in-office presence.
You match the following Nium's candidate preferences
Employers are more likely to interview you if you match these preferences:
- Minimum 10 years of experience in Financial Crime Compliance in EMI/FinTechs.
- Highly numerate with extensive experience in designing, implementing, and running financial crime technology infrastructures.
- Knowledgeable and experienced in governance and Financial Crime Compliance policies and procedures with knowledge on fintech Financial Crime Compliance risk and advisory.
- Able to communicate and present to senior management or business partners.
- Experienced people manager.
- Manage and maintain a high calibre Financial Crime Compliance within the 1st Line of Defence, supporting and protecting the business against Financial Crime.
- Work alongside the Head of Compliance Operations to manage and set department and individual goals and targets for all Compliance Operations tasks.
- Responsibility for the further development, implementation and maintenance of an effective tactical and strategic FCC programme.
- Monitoring regulatory FCC developments and notifying relevant changes and ensure the design and implementation of new/amended FCC controls are effective.
- Maintenance of Financial Crime Systems, driving continuous validity testing and optimization.
- Delivering FCC regular training programme to embed a culture of awareness.
- With the help of MLROs and the 2nd Line Compliance Team, understand and have continuing knowledge of FCC requirements to ensure that the AML programme is consistent with all applicable local laws, regulations and rules and that the FCC programme is updated, as required, in light of changes to local laws, regulations and rules.
- Develop and manage a regular monitoring and reporting process to inform senior management, the audit committee and the board.
- Manage remediation activities across Financial Crime, being the central conduit between Operations, Technology, and Compliance.
- Establish and maintain liaison with local financial industry representatives to proactively identify current financial crime trends, criminal activity and the identification of organised criminal groups and influence security best practises.
- Where applicable, liaison with national and international law enforcement entities and liaison with local financial industry representatives to proactively identify financial crime trends/criminal activity and organised criminal attacks.
Nium provides real-time payment solutions that enable businesses to send and receive funds instantly, manage foreign exchange transactions, and prevent fraud. Its platform, powered by a proprietary API, allows banks, fintech companies, and money service businesses to integrate these services into their systems for efficient cross-border money movement. Nium stands out by offering competitive foreign exchange rates and solutions for corporate purchasing and travel payments. The company's goal is to facilitate secure and efficient financial transactions for businesses globally.
Company Size
1,001-5,000
Company Stage
Series E
Total Funding
$305.4M
Headquarters
San Francisco, California
Founded
2016
Simplify's Take
What believers are saying
- Partnership with Ecobank expands Nium's reach to 35 African markets.
- Collaboration with Partior enhances transparency and market reach in cross-border payments.
- Integration with Kinexys improves payment accuracy, reducing fraud in Asia.
What critics are saying
- Increased competition from blockchain solutions may threaten Nium's market share.
- Regulatory challenges in Africa could hinder Nium's expansion with Ecobank.
- Blockchain security vulnerabilities may impact customer trust in Nium's services.
What makes Nium unique
- Nium offers real-time payments, enhancing speed and efficiency for global transactions.
- Their partnership with Diners Club expands B2B payment options in the travel industry.
- Nium's API integration allows seamless incorporation into existing business systems.
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Benefits
Health Insurance
Hybrid Work Options
Paid Vacation
Performance Bonus
Stock Options
Professional Development Budget
Mental Health Support
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 0%2 year growth
↑ 3%For decades, wholesale cross-border payments have meant snail-paced bank wires, money squirreled away across sprawling correspondent banking networks, and the accumulation of enough fees that Scrooge McDuck could swim in them. This has long made cross-border payments a headache for corporate treasurers and finance teams, especially those overseeing multinational operations. The correspondent banking backbone of cross-border payments relies on a sequence of bank balance sheet updates, each requiring manual compliance checks for things like anti-money laundering (AML) and know-your-customer (KYC) regulations. The result is a process plagued by duplication, delays and costs. It’s also one that the world’s central banks and financial institutions are working to solve, in many instances by experimenting with blockchain and tokenization
Nium has recently entered into a partnership with Diners Club, a prominent name under Discover Global Network, to unveil an innovative card designed specifically for travelers.
Here's our roundup of the people, product and partner news from the global travel industry this week.Hospitable conference and coachingIn a move to reshape how short-term rental (STR) hosts learn and scale, Hospitable has announced two free initiatives to connect hosts directly with those who understand their day-to-day challenges: fellow STR owners and property managers.Later this month, the vacation rental management platform will present “Host to Host: A Short-Term Rental Mastermind”, a two-day, virtual conference where only hosts take the stage. The event offers attendees an unfiltered look at the successes, setbacks and strategies of hosts who have built successful businesses across platforms such as Airbnb, Booking.com, Vrbo, Agoda and direct booking channels. Get a dose of digital travel in your inbox each day
Nium, the leading global infrastructure for real-time cross-border payments, today announced the launch of the Diners Club International(R) Card for its travel customers.
Nium now provides card solutions across the four major schemes, delivering flexibility at scale for its travel customers and partners around the worldLONDON, Jan. 9, 2025 /PRNewswire/ -- Nium, the leading global infrastructure for real-time cross-border payments, today announced the launch of the Diners Club International® Card for its travel customers. This milestone makes Nium one of the first global card issuers in the travel space to offer cards across the four major schemes.Nium empowers some of the world's largest online travel intermediaries to instantly, securely, and cost-effectively pay airlines and travel suppliers around the world using its B2B virtual card solution. Now, the introduction of the Diners Club International Card provides Nium travel customers with even greater payment flexibility, acceptance, and choice, reinforcing Nium's position as a scheme-agnostic innovator in the travel payments industry."Expanding our payments offering with Diners Club International underscores Nium's commitment to delivering innovative and flexible solutions that meet the evolving needs of the travel ecosystem," said Mark Anthony Spiteri, SVP & Global Head of Card Business at Nium. "Building on our real-time cross-border payments network spanning over 220 markets, our ability to issue virtual cards across four of the world's leading payment schemes – Visa, Mastercard, UATP, and now Discover – gives our customers unparalleled global access, so they can scale their businesses seamlessly across borders and industries."Diners Club International, which is a part of Discover® Global Network, provides travel corporations and business owners with a range of payment and expense management solutions. Diners Club Card holders benefit from acceptance at more than 55 million global merchant locations1 and over 1.2 million ATMs, as well as access to over 1,500 airport lounges and experiences worldwide."The premium proposition offered by Diners Club International is perfectly aligned with Nium's ambition to deliver best-in-class payment solutions to its travel intermediary, airline, and global partners