CDD Risk and Controls Officer

Finom is a European tech startup headquartered in Amsterdam, and we’re on a journey towards revolutionizing the financial landscape for entrepreneurs worldwide. Our mission is to develop an all-in-one financial B2B solution that integrates banking functions, accounting, financial management, and invoicing into a seamless, mobile-first platform.

We recently closed a €115 million Series C equity round (around $133 million), bringing our total funding to approximately $346 million. This significant investment follows a $105 million growth funding round from General Catalyst, a long-term backer since 2021 known for supporting companies like Airbnb, HubSpot, KAYAK, and Stripe.

Finom's platform goes beyond traditional banking, offering invoicing and a growing suite of features, including AI-enabled accounting, aiming to simplify financial management for entrepreneurs. We're actively expanding our reach across key EU markets like Germany, France, the Netherlands, Italy, and Spain.

At Finom, we’re not just redefining the entrepreneurial experience — we’re empowering our employees to make a real difference. Your work matters, and your impact extends far beyond product metrics. We nurture innovation and an inspiring work environment where bold ideas thrive, prioritizing thorough research, swift implementation of solutions, and ensuring that every effort we make benefits our users, employees, partners, and our business as a whole.

Maintaining our start-up spirit, we prioritize thorough research, swift implementation of solutions, and ensuring that every effort we make benefits our users, employees, partners, and, of course, our business.

External: CDD Risk and Controls Officer

Internal: CDD Subject Matter Expert (2LOD)

The Role

Finom Payments serves small and medium-sized businesses across Europe, and every new customer passes through our CDD controls at onboarding. As CDD SME in the Second Line of Defence, you find where those controls are being bypassed, turn what you find into detection logic, and prove that the new controls work.

You work side by side with the CDD Risk Manager, who owns the effectiveness of the CDD Risk Engine. You supply the investigative insight and evidence. Together you decide which controls to change, and you measure the result.

What You Will Own

You are accountable, together with the CDD Risk Manager, for three outcomes:

• Decline rate: declining the right applicants, not only more of them.

• Gross fraud rate: reducing losses from fraud that gets through onboarding.

• Early forced closures: reducing accounts we have to close shortly after opening because the risk should have been caught earlier.

Responsibilities

Detect

• Analyse external sources (police, partners, industry typology reports) and internal sources (anomaly reports, model outputs) to find anomalies in the CDD profiles of Finom customers.

Build and monitor

• Turn each confirmed anomaly into a documented FinCrime scenario and add it to Finom's FinCrime Scenarios Library, covering the full range of AML risks.

• Work with the CDD Risk Manager to design mitigation measures for each scenario.

• Draft and review system requirements with Product and Engineering for new financial crime features.

• Test, launch and monitor the performance of CDD controls at account opening. For each control, report its effect on decline rate, fraud rate and customer friction.

• Support improvements to the Ongoing and Regular Review processes.

Enable the organisation

• Develop training materials for the CDD and Quality Assurance teams, based on real cases and current scenarios.

• Identify and drive process improvements within the department.

• Initiate and own ad hoc projects within the department.

• Take on other duties reasonably required for Finom's operational efficiency, whether you identify them or your manager assigns them.

Desired Experience and Skills

Required

• 3+ years in the Second Line of Defence at a regulated financial institution, (preferably a fintech or neobank or payment institution) serving SMEs with a focus on CDD

• Thorough knowledge of AML regulation and of money laundering and fraud typologies, such as mule accounts, shell companies, beneficial ownership obfuscation, and document and identity fraud.

• Hands-on use of analytical tools such as Power BI, Metabase and Databricks to find patterns in customer and transaction data.

• Structured, evidence-based thinking: you form a hypothesis, test it on data, and state your conclusion and its limits.

• Attention to detail, and the ability to work on your own initiative with little supervision in a fast-moving start-up environment.

Strong plus

• SQL, used to query data yourself rather than waiting for an analyst.

• Practical use of AI tools in investigation, research or analysis.

• Experience tuning rules or thresholds and measuring false positives.

How You Work

Finom rejects the "Compliance says no" mentality. We want a colleague who empowers the business instead of limiting it: someone who weighs risk against customer impact, challenges the status quo, and proposes alternatives to a flat refusal.

You communicate with colleagues at every level of seniority. You present your findings and recommendations in plain, concise language to people who are not compliance specialists, such as Product, Engineering and Operations.