Money Laundering Reporting Officer

About Brite

Founded in 2019 Brite Payments is a leading open bankingpowered accounttoaccount (A2A) payment provider of instant payments payouts and other financial services in Europe. Brite is committed to creating fast secure and transparent payment solutions that reduce risk for businesses and provide consumers with the best possible payment experience.

At the heart of Brite is our proprietary instant payments network Brite IPN which enables realtime 24/7 transaction processing with no delays signups or card details required. Today Brite connects with over 3800 banks in 27 European markets and is committed to delivering cuttingedge nextgeneration payment solutions that meet the markets evolving needs.

Headquartered in Stockholm Brite has offices in Malaga Malta and the UK and now numbers over 160 colleagues.

Want to join us on our journey The future is Brite!

What we are looking for

As the Money Laundering Reporting Officer (MLRO) at Brite AB you will play a pivotal role in overseeing and enhancing our Swedenbased antimoney laundering (AML) counterterrorism financing (CTF) and sanctions programs for our EU operations ensuring compliance with applicable regulations and Brites policies. Collaborating with the teams in our headquarters in Stockholm (including the Management Financial Crimes Prevention and Compliance teams) your responsibilities will include support with and oversight of the first line AML CTF and sanctions activities investigating and reporting suspicious transactions escalated by the business and ensuring adherence to best practice the Swedish FSAs expectations and regulatory frameworks.

You will become part of the Brite groups experienced and engaged Compliance and MLRO team which is expanding from the current 2 FTEs. The MLRO will report to the Compliance Director who is also located at the headquarters in Stockholm.

Your duties will encompass a broad spectrum of responsibilities including but not limited to:

• Serve as Brite ABs MLRO located in Sweden liaising with both internal and external parties on financial crime matters.

• Oversee and together with the Head of Financial Crime Prevention refine Brites AML/CTF and sanctions program ensuring continuous improvement and compliance.

• Following up and testing compliance and quality in the antifinancial crimes work.

• Conduct investigations detect and report suspicious activities and ensure compliance with all relevant laws and regulations.

• Provide guidance on AML CTF and sanctions compliance and lead financial crime awareness training for staff.

• Regularly report on financial crime risks and compliance to the board and management.

• Contribute to the timely regulatory reporting on AML to the Swedish FSA.

• Update governing documents for financial crimes compliance and give input to other policy owners as required.

• Stay informed on regulatory developments within financial crimes assess their impact on Brite and participate in implementation projects.

• Perform risk assessments support other departments in regulatory compliance and handle internal and external audits.

Are you a Brite mind

We are looking for a Brite mind who excels in working independently adept at prioritizing tasks and meeting deadlines. A positive flexible approach to challenges strong analytical skills and meticulous attention to detail are key. The role requires adaptability and a can do attitude. The ability to simplify complex matters into actionable recommendations for senior management and the board is essential. The ideal candidate will bring:

• 5 years experience as an MLRO in a financial institution (preferably a payment services provider) regulated by the Swedish FSA

• Solid AML CTF and sanctions knowledge and experience

• Proven track record of providing governance and guidance as well as communication with senior management in this area

• Excellent Swedish and English writing and communication skills

• Skills in Microsoft Office and preferably also experience using Google suite.

What we offer

• An optimistic caring and inclusive culture where you can be yourself.

• A dynamic fastpaced and innovative environment with the chance to join one of Europes hottest fintechs and learn from industry leaders.

• The opportunity to make an impact from day one in an organisation that values quick decisionmaking teamwork and results over titles.

• Exposure to a variety of verticals and use cases for our payments products working with some of the fastestgrowing businesses in Europe.

• An annual wellbeing and professional development allowance to invest in your personal growth.

• A team of fun skilled professionals who together raised the largest Series A $60m) in Europe last year join colleagues who are committed to making a lasting impact.

Do you want to learn more about our recruitment process Here you can read about the hiring flow and find answers to the most frequently asked questions.

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Please apply with your CV or your LinkedIn profile. We use screening questions to streamline this recruitment process so a personal letter is not needed.