Compliance Officer (AMLRO BE)

About

Swan is the leading European fintech specialized in embedded banking. A laureate of the French government’s selective year list of tech champions, “French Tech Next 120,” we are quickly expanding across Europe.

Over 100 European companies have already seamlessly integrated banking services such as accounts, cards, and payments into their products through our Banking-as-a-Service platform. This approach, known as “embedded finance”, empowers businesses to elevate their offerings and create new revenue streams — often times tripling their revenue!

Our founders’ vision from the beginning was Simplicity: that anyone with a fintech idea at 2 am can visit our website, start building, and buy themselves a coffee with a self-issued card the very next day. That vision has taken us far.

Following a 38M€ Series B round last September, we have been doubling our headcount and already have over 230 Swanees across offices in Paris, Bordeaux, Berlin, Barcelona, Amsterdam, and Milan! If you’re excited about joining a European fintech adventure, Swan is the way!

To learn more about us: About Swan.

Job description

In this role, you will serve as Swan’s AMLRO in Belgium, providing independent AML/CFT oversight and engaging with Belgian authorities. You will join a collaborative Compliance team that works across the business to keep Swan’s banking services safe and compliant

✨ Your mission

Swan’s compliance team keep our banking features safe and secure, and always have to think about the best way to combine multiple areas: business, legal, regulatory, customer support, and more. Swan is both a technology company and a financial services company, and our Compliance team makes these pieces fit together!

As an Electronic Money Institution, Swan faces many legal and regulatory challenges when conducting its business and operations : Fighting money laundering, protecting clients' funds, working with legitimate partners, etc.

✨ Main tasks

Here is a snapshot of the responsibilities you’d be trusted with :

For Belgium regulatory purposes, the role is the AMLRO within the meaning of applicable regulations. The role holder is appointed at management level, performs the function in Belgium and reports directly and immediately to the management member responsible for AML/CFT. The role holder is the primary AML/CFT contact for NBB, the FIU and relevant law-enforcement authorities.

Responsibilities:

• Maintain and update the Belgium AML/CFT risk analysis and ensure that it is reflected in the applicable policies, procedures, controls and resources, in accordance with applicable regulations.

• Develop, review and challenge Belgium AML/CFT policies, procedures, operating instructions and customer- and business-related safeguards, including requirements relating to customer due diligence, beneficial ownership, PEPs, sanctions, transaction monitoring and record keeping.

• Perform or oversee risk-based AML/CFT monitoring, sample testing and control reviews. Maintain a documented monitoring plan, record deficiencies and track remediation to completion.

• Receive and assess internal suspicions and determine whether a suspicious transaction report must be submitted under applicable regulations. Ensure compliance with the transaction rules and the prohibition on information disclosure under applicable laws.

• When preparing a suspicious transaction report or responding to an FIU request, act without management direction as provided by applicable regulations.

• Provide AML/CFT advice and required approvals for high-risk customers, PEPs, high-risk countries, unusual or complex transactions, new products, services, customer categories, technologies and material business changes.

• Act as the primary AML/CFT contact for NBB, the FIU and law-enforcement authorities. Coordinate responses to information requests, regulatory reviews, on-site inspections and external audits.

• Prepare the annual AML/CFT activity report and any ad hoc reports required for material incidents, significant deficiencies, regulatory requests, resource constraints or unresolved management disagreement.

• Maintain AML/CFT training and awareness for relevant employees, contractors and service providers, and ensure that training and competency evidence is retained.

• Oversee AML/CFT work performed by central or outsourced teams supporting the Belgium business. Local accountability, escalation and regulatory contact remain with the AMLRO.

Preferred experience

✨ You’re a great match if :

• You have professional integrity, reliability and relevant experience in Belgium AML/CFT, payment services, e-money, financial crime compliance or financial-sector supervision.

• You have sufficient knowledge of the Belgium legal and regulatory AML/CFT framework and the ability to communicate effectively with Belgium authorities. The AMLRO must have sufficient French, English & Dutch-language capability for authority communications.

• You have sufficient availability, seniority, resources and access to perform the role effectively and independently.

• Our ideal teammate: Empathetic. Skilled. Frank. We love to challenge each other, and we leave our egos at the door.

It’s okay if you don’t tick all the boxes — don’t let imposter syndrome prevent you from applying! 🙌

Swan is committed to providing a caring work environment for all employees, regardless of age, sex, disability, sexual orientation, race, religion, or belief.

When it comes to recruitment, we’re interested in your work experience, skills, and overall personality. Because diversity makes the workplace stronger and is necessary for Swan’s success, we are intensifying efforts to incorporate concrete actions to help us improve in this area.

✨ Our values:

Swan’s core values guide our actions daily. Individually, they may seem obvious, but together, they form a unique culture.

Simplicity: Leonardo Da Vinci said: “simplicity is the ultimate sophistication.” If something's convoluted or confusing, we work extra hard to break it down. - Making complex things simple is what we do.

Long Term: We always play the long game, whether it's to support our partners in their growth journey, or make tangible commitments to climate action.

Excellence: We are a team of experts who consistently go all out to create pixel-perfect banking services and exceed our partners' expectations— whatever it takes.

Be Human: We believe in the power of kindness and the importance of acting with integrity. But embracing our humanity extends beyond interpersonal interactions, it means caring about greater issues that affect our planet.

You can find out more about our culture.

Recruitment process

• A 30-min video call with our Talent Acquisition Manager, to get to know you, understand your career expectations and answer your questions

• A 1-hour interview with Syndid, Head of Compliance

• A Technical case with two other Swanees

• A 45' Peer interview to discuss stakeholder management

• A 1-hour Final interview with Matthieu, Chief Compliance Officer to assess your core values