Head of Risk & Compliance in PayDo

PayDo, a leading Electronic Money Institution (EMI) authorized by the FCA in the UK and FINTRAC in Canada, operates in 140 countries and over 25 industries. Offering multicurrency IBANs, merchant solutions, and mass payment options, PayDo provides premium and convenient payment services. With all features available through one platform and contract, PayDo is a preferred solution for local and international payments.Job Summary:We are seeking a dynamic and experienced Head of Risk and Compliance to lead our compliance efforts within our FCA-regulated EMI (Electronic Money Institution). The ideal candidate will have a proven track record in EMI compliance leadership, with a strong understanding of UK and EU compliance legislation and best practices. The Head of Risk and Compliance will be responsible for managing the onboarding and transaction monitoring teams, identifying and mitigating risks including AML/CFT, sanctions, and fraud, and driving operational efficiency and scalability within the department.Your regular tasks:Team Management: Lead and manage the onboarding and transaction monitoring teams within the compliance department, ensuring effective collaboration and performanceRisk Management: Identify, assess, and mitigate AML, sanctions, fraud, and other compliance risks, implementing robust policies and procedures to safeguard the organisationRecruitment and Talent Management: Interview, hire, and onboard top compliance professionals, fostering a high-performing team culture. Conduct staff performance evaluations, create professional development plans, and provide coaching and mentoring as neededPolicy Development: Develop and enhance key compliance policies and procedures to ensure compliance with all applicable legislationOperational Efficiency: Drive operational efficiency initiatives to reduce processing time and enhance overall departmental performanceQuality Assurance: Conduct regular audits of compliance processes to ensure quality and adherence to regulatory requirements while hitting processing time objectivesObjective Setting and Performance Management: Develop and implement departmental objectives and key performance indicators (OKRs and KPIs), monitor progress, and drive continuous improvementCommunication and Reporting: Communicate regularly with top management on compliance matters, providing updates on key initiatives, risks, and performance metrics. Ensure timely and accurate internal and external regulatory reportingTechnology Integration: Drive technological improvements within the compliance department, leveraging internal and external technologies to enhance efficiencyStrategic Vision: Develop and implement a strategic vision for exponentially scaling the client base while maintaining compliance with regulatory requirementsSkills and qualifications:Minimum 5 years of experience in EMI compliance leadership roleDeep knowledge of UK and EU compliance legislation and best practicesProven experience in team building and managementStrong communication and interpersonal skillsAbility to thrive in a fast-paced and dynamic environmentAs a plus:Professional certification in compliance (e.g., ACAMS, ICA) is a plusFamiliaritywith regulatory technology (RegTech) solutionsHiring StepsOur recruitment process typically includes the following steps: Application ScreeningInterviewing Process & AssessmentTA InterviewTech InterviewTest Assignment (upon request)Final Interview (upon request)Job OfferReference CheckAdvantages of working with usJoin a team of talented individuals who are deeply committed to their roles and the company's missionEmbrace an innovative approach to processes and problem-solving, driven by ambitious goals and plansWork in a collaborative environment dedicated to delivering superior products that meet and exceed customer expectationsEnjoy a workplace that fosters autonomy and trust, empowering you to take ownership of your responsibilitiesSocial Package Competitive compensation packageRemote-first (or you can choose a hybrid format if you work from the UK)Flexible working hours Paid time off: Vacation, sick leave, personal days, and public holidaysBudget for private English classesBudget for external trainingSeize this opportunity and take the next step toward a rewarding career. Apply now! Show more Show less Посадовий рівень Відповідальний керівник Тип зайнятості Повний робочий день Посадові обов’язки Фінанси і Продажі Галузі Технологія, інформація та інтернет