Financial Crime Operations - Manager

📋 Description

• • Velocity is at the forefront of revolutionizing the global financial landscape, pioneering a unified approach to fiat and digital assets through regulated stablecoin technology. We are actively addressing and dismantling the inherent inefficiencies plaguing traditional global payments, from the archaic limitations of the SWIFT system to the persistent costs and delays associated with cross-border transactions. Our mission is to create a more seamless, efficient, and accessible financial ecosystem for businesses worldwide.
• • Founded by Eric Queathem, a visionary leader with extensive experience in scaling and managing prominent payments businesses, Velocity is a rapidly growing company comprising approximately 25 dedicated professionals across London and Warsaw. We combine profound expertise in regulated financial systems with a dynamic, forward-thinking team culture. Our innovative platform empowers businesses to manage their payments, treasury functions, and liquidity in real-time, operating around the clock, 365 days a year. We are committed to removing friction points in global payouts, cross-border settlements, and treasury operations, harmoniously integrating the speed and agility of stablecoin technology with the unwavering reliability of traditional finance.
• • Our strategic vision is further solidified by robust partnerships with industry leaders, including a significant collaboration with Fireblocks and other premier technology providers. These alliances are instrumental in building the trusted, scalable infrastructure necessary for global growth and expansion. In a significant milestone, May 2025 saw us announce a $10 million pre-seed funding round, expertly led by Activant Capital, with crucial participation from Fuel Ventures, Triton Capital, Fabric Ventures, Commerce Ventures, Digital Space Ventures, and Preface Ventures. This funding round also attracted strategic shareholders from industry giants such as Stripe, Worldpay, Visa, Circle, PayPal, and Google, underscoring the immense confidence and potential recognized in our venture.
• • As a Financial Crime Operations Manager, you will play a pivotal role in safeguarding Velocity's integrity and ensuring compliance within this rapidly evolving financial ecosystem. Your responsibilities will be critical to maintaining our reputation and operational security. You will be tasked with leading comprehensive institutional and corporate Know Your Customer (KYC) and Enhanced Due Diligence (EDD) reviews. This includes meticulously analyzing complex ownership structures, conducting thorough Ultimate Beneficial Owner (UBO) analysis, and performing robust risk assessments to understand and mitigate potential financial crime threats.
• • A core aspect of your role will involve owning and executing ongoing due diligence processes, periodic reviews, and trigger-based refresh protocols. This ensures that our client and counterparty information remains current, accurate, and aligned with our risk appetite and regulatory requirements. Furthermore, you will oversee and actively participate in the monitoring of both cryptocurrency and fiat transactions. Your investigative prowess will be crucial in identifying, scrutinizing, and escalating any suspicious activities that may indicate money laundering, terrorist financing, or other financial crimes.
• • You will manage the entire alert handling, investigation, and escalation workflow, ensuring that all actions are taken in strict accordance with Velocity’s defined risk appetite and all applicable regulatory obligations. This requires a keen eye for detail and a systematic approach to problem-solving. Collaboration is key, and you will work closely with the Compliance team to support the development and continuous optimization of our transaction monitoring rules, thresholds, and investigative processes. Your insights will directly contribute to enhancing the effectiveness and efficiency of our financial crime detection capabilities.
• • A significant part of your mandate will be to draft, maintain, and ultimately own the financial crime operational procedures and Standard Operating Procedures (SOPs). This involves translating regulatory requirements and best practices into clear, actionable, and practical documentation that guides the operational teams. You will also provide essential support to the Compliance department in implementing regulatory changes, preparing for and participating in audits, and conducting internal reviews, ensuring Velocity remains ahead of the curve in regulatory adherence.
• • This role demands a proactive, analytical, and highly organized individual who is comfortable navigating the complexities of both traditional finance and the burgeoning digital asset space. You will be instrumental in building and scaling our financial crime operations function, contributing directly to Velocity's secure and sustainable growth.