Match score not available

VP Risk & Compliance

unlimited holidays - fully flexible

Remote:

Hybrid

Contract:

Full time

Experience:

Senior (5-10 years)

Work from:

London (GB), Berlin (DE)

Offer summary

Qualifications:

Minimum 5 years in risk and compliance at a payments business., Experience overseeing the risk compliance team., Knowledge of UK and German payments regulation, laws, and AML requirements..

Key responsabilities:

Manage and implement payment risk and governance strategy for UK and EU.
Oversee customer merchant onboarding processes and regulatory compliance function.
Develop enterprise-wide risk strategies and manage risk registers.
Implement regulatory training programs and maintain compliance with changes.

Token Financial Services Scaleup https://www.token.io/

51 - 200 Employees

See more Token offers

Job description

Token.io is the leading account to account (A2A) payment provider in the UK and the EU. Leveraging open banking, Token has built a payments network for "pay by bank" in twenty countries across Europe. Token uses an indirect strategy and provides infrastructure to launch A2A payments for the worlds largest payment companies. Customers of Token include Mastercard, HSBC, BNPP, Global Payments, Fiserv, Square, ACI, Paysafe, Nuvei, etc.

The VP R&C manages the Security, Risk & Compliance team who provide advice to the business on risk and payments compliance issues. Reporting into the COO, this role is responsible at a Group level for the implementation and maintenance of regulatory frameworks.

Scope of the role includes overseeing the following functions:

● Regulatory Operations - designing customer & merchant KYB onboarding processes to both enable yet protect the business

● Regulatory Compliance - monitoring, researching, and ensuring adherence to all payment regulations and AML requirements

● Responsible for risk and compliance policies across the Group according to each entity in the group

● Enterprise Risk Management -responsible for the development and ongoing maintenance of an enterprise-wide risk strategy that accommodates the operational, legal, market, credit, regulatory, and technology risks of the business

● Information Security - ensuring ongoing compliance with GDPR, ISO27001, and PCI/DSS

Key Responsibilities

Management and implementation of Token payments risk and governance strategy for both the UK (FCA) and EU (BaFin) regulated businesses

Management and implementation of Token’s customer & merchant onboarding processes and tools

Implementing a comprehensive regulatory compliance function including managing the three lines of defence and ensuring mitigation plans are on track

Responsible for managing company enterprise risk registers - implementing and ensuring effective controls are in place

Developing and implementing regulatory training programmes

Keep up to date with regulatory changes and liaise with the FCA and BaFin as required

Support compliance programmes across the Token Group

Experience and Qualifications

Minimum 5 years experience in the risk & compliance function at a payments business

Experience overseeing the risk & compliance team

Knowledge of both UK and German payments regulation, laws, and AML requirements including PSD2, the Payments Services Act (ZAG), money laundering regulations and other associated regulations

Excellent communication both written and verbal

Exceptional interpersonal skills, demonstrating professionalism in all dealings

Ability to work effectively on a cross functional basis - ensuring compliance is considered within each function and compliance deliverables are obtained from other departments as necessary

Ability to manage assigned tasks in an assertive, efficient and timely manner

Proven ability to deal with confidential matters and with discretion

Team player

Excellent attention to detail

Open to all

Token.io is building an open future for everyone. We don’t just accept different points of view, lived experiences and new ways of thinking — we search them out. They help us make better products, better decisions, and a better place for everyone to work. So, come as you are. We acknowledge and embrace different backgrounds, identities and abilities. Respect is our default, and empathy is our baseline. No one succeeds until we all do.