Group Lead, Merchant Monitoring

About Klarna

Klarna was founded in Stockholm, Sweden in 2005. Since then we've changed the banking industry forever. And now we're creating the world's smoothest shopping experience. We serve over 90 million consumers worldwide, and partner with 250,000 merchants – with a new merchant joining us every 8 minutes. Including some of the world's leading brands, such as H&M, ASOS, IKEA, Adidas, Samsung and Lufthansa. Our offices are spread over 17 different markets, hosted by 5000+ employees from 100+ nationalities.

About the job. 
We are supporting Klarna’s hyper-growth by enabling our organization and operations to move with the highest speed and quality. We are Klarna’s operational experts, driving efficiency and customer experience across our organization (e.g., Service, Payments, Disputes, Merchant Support, Underwriting/Onboarding). Our 8 Leadership Principles guide our growth at Klarna, they are the constant in an ever-changing landscape.

Within Merchant Operations, the Group Lead, Merchant Monitoring Operations will be responsible for ensuring the group’s focus is to prevent Klarna from being used in financial crimes such as money laundering and terrorism financing through operational reviews, monitoring, and investigations of all activity in Klarna’s products. As we continue to grow our merchant and customer base, our global footprint, products, and channels, as well as our screening functions, Merchant Monitoring is growing in sophistication and becoming integral to the success of the business. To help lead a world-class first-line defence against financial crimes, we are now looking for a senior manager to lead this team.

About your responsibilities.

  • Manage your Operational group/problem space and meet or exceed key performance indicators
  • Recruit, manage and inspire leads and teams of AML specialists and be passionate about their career development 
  • Ensure continuous development of the team, share best practices, organise trainings/workshops
  • Ensure Merchant Monitoring performs investigations of suspicious activities that could indicate money laundering, terrorism financing or other financial crimes
  • Work closely with the Money Laundering Reporting Officers to escalate suspicious transactions to the relevant authorities.
  • Investigate complex cross-border transactions and protect Klarna and it’s customers from financial crime.
  • Suggest improvements to monitoring processes, consumer risk rating and review/investigation routines to improve detection.
  • Work in a cross-functional teams and in close collaboration with stakeholders such as the KYC & AML Monitoring team, the AML & CTF Screening team, the Compliance function, and consumer-facing teams within Customer Service
  • Work closely with internal and external stakeholders to address business needs

About what you’ll need.

  • Bachelor’s degree in Business Administration/similar field or equivalent experience
  • Minimum 5 years AML/CTF experienceService and customer obsession mindset
  • Strong stakeholder management skills and ability to perform under pressure 
  • A strong history or building and/or leading successful scaling organisations 
  • Ability to thrive in an fast-paced and evolving environment 
  • Data driven mindset, strong analytical and problem-solving ability
  • Previous exposure to the European or US financial markets.
  • Solution oriented and street smart person with an interest in risk, law proceedings and e-commerce/banking.
Klarna is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and candidates. Please refrain from including your picture and age with your application.