• Are you curious, excited by experimentation and always looking for a better way of doing things?
• Do you want to keep learning and developing whilst getting hands-on experience working in the embedded payments space?
• Do you want to have the opportunity to be part of a dynamic compliance team, where you can make a significant impact and contribute to the success of the overall business?

If so, we would love to hear from you! 

About us  

At Modulr our mission is to move money efficiently to power business productivity. We are building a new digital payments service to make money flow more efficiently through businesses and the economy. This is a new type of payments account that is built for businesses that need faster, easier and more reliable ways to move money. 

Our flexible platform and innovate approach allows our customers to utilise our payments account instead of a traditional bank account. Our accounts come with a sort code and account number, access to payment systems (eg Faster Payments and Visa) and everything our customers need from a payments account. They can instantly open as many accounts as they need, automate how they make and receive payments as well as the reconciliation processes these create. All in real time, 24/7 through their own systems utilising our API that integrates into any platform. 

Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by payments giants PayPal Ventures and FIS Ventures, as well as start up and scale up specialists Blenheim Chalcot, General Atlantic, Frog and Highland Europe which enables us to leverage their resources and expertise to drive our growth initiatives. These partnerships provide us with the necessary provisions to propel our business to new heights. 

Modulr values 

• Building the extraordinary and going that extra mile  
• Owning the opportunity, be passionate and proud of the time you invest  
• Move at pace, reach your goals faster with us supporting you each step of the way 
• Achieve it together, working as a team and being Modulite 

About the role

This role will sit within the second line risk and compliance function reporting into the Head of Risk & Compliance and be part of a team responsible for ensuring the financial crime frameworks are designed and operating effectively.

The scope of the role will be AML, CTF, Fraud and Sanctions and will include advisory, assurance and reporting. The role holder will primarily focus on the UK entity but also work closely with colleagues in the Dutch business where Modulr also holds an EMI licence. The position is based in Edinburgh and Modulr operates an office first policy so the role holder would be expected to be in the office 4 days per week.

Key Responsibilities

• Maintain a strong focus on the external environment to identify best practice and changes in regulatory focus ensure our systems and controls remain proportionate and effective. Actively engage and participate across the industry to ensure Modulr is a trusted partner with these stakeholders (including regulators and law enforcement).
• Work with colleagues in Operations delivering core Financial Crime services to ensure they are executing to the required standards in terms of quality and outcomes, and provide insight and advice on opportunities to enhance and improve process.
• Provide targeted and general training and awareness to colleagues across the business to ensure a strong culture is in place to tackle financial crime risks.
• Enhance and monitor a suite of KPIs and KRIs to identify areas of strength and areas that require improvement.
• Contribute to key framework items including the annual MLRO report, AML risk assessments and align with colleagues in product to support the relevant product risk assessments.
• Ensure technology and data are at the heart of our compliance agenda, identifying innovative and creative ways to maintain our strong compliance focus whilst optimising service and wider business capability.
• Support annual risk appetite assessment, design key risk indicators, early warning indicators, and risk response strategies.
• Lead by example through the values and principles outlined through Modulr DNA and through the Board.
• Work with Internal Audit to deliver strategies and plans to provide the board with assurance of our status of compliance with relevant laws and regulations.

What can Modulr offer you 

You will be part of a cross disciplinary team(s), with co-workers located in Edinburgh, London, Amsterdam and/or Mumbai. We are friendly and sociable, challenging but rewarding. We want you to push yourself and for us to support you in your future as we scale up and grow. Our culture and values are putting you first and are about investing in your future.  

• Company Bonus - the more successful we are together, the more company bonus we offer 
• Flexible Benefits pot – Modulr contribute towards healthcare, gym, dental, travel etc
• Share Options Incentive Scheme 
• Learning Opportunities – on joining Modulr you will embark on our 3-day onboarding programme to be equipped with the Modulr know-how and arm you with the tools you need to be successful from day 1! But we do not want your learning to stop there so we will continue to provide you with the tools and capabilities through our learning channels and platforms to allow you to grow and develop in Modulr. 
• Modulr hands-on - join your colleagues for our company wide events throughout the year. 
• Great workspace - Modulr thrives on innovation which is best done through in-person collaboration; this approach enables us to work together closely, exchange ideas, and create innovative solutions that drive our success. We’re office first and have invested in state-of-the-art offices.
• E-Bike and Bike to work /scheme

ModInclusion  

We believe that by seeing Modulr, and the world, from all sorts of angles, we can make life better for all.​ We want you to know that the things that make you, you — like your identity, age, ability, and background — are things that we will always celebrate and support with open arms.  As such, we are keen to maximise the diversity of our workforce and actively encourage applications from anyone and everyone. 

#LI-GH1

By submitting your CV you understand that we have a legitimate interest to use your personal data for the purposes of assessing your eligibility for this role.  This means that we may use your personal data to contact you to discuss your CV or arrange an interview, or transfer your CV to the hiring manager(s) of the role you have applied for.  You can ask us at any time to remove your CV from our database by emailing peopleops@modulrfinance.com – but please note that this means we will no longer consider you for the role you have applied for.