Head of Risk & Compliance (FinTech, EMI)

PayDo, a leading Electronic Money Institution (EMI) authorised by the FCA in the UK, FINTRAC in Canada, and MFSA in Malta, operates in 140 countries and over25 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. We are seeking an experienced compliance professional with a deep understanding of regulations, extensive expertise in the EMI and high-risk sectors, and a proven track record of developing and implementing robust compliance programs. In this role, you will play a key part in ensuring the integrity and security of PayDo's operations, making a direct impact on its success and reputation.You can expect ✏︎ Your Team/Streams: Onboarding KYC/KYB, Transaction Monitoring, Anti-Fraud, Regulatory Compliance. 25+ team members (Deputy/ Heads of Units/ Team Leads/ Specialists)✏︎ Your Focus: Elevate compliance to operational excellence, driving continuous improvement through policy enhancement and advanced tools. Establish PayDo as an industry leader in global compliance, ensuring the highest standards of integrity and security✏︎ Autonomy: Your strategic thinking will be key to shaping PayDo’s compliance roadmap. You’ll be a trusted advisor in high-level decisions and long-term planning✏︎ Impactful work: You’ll play a key role in ensuring the integrity and security of PayDo's operations, making a direct impact on the company's success and reputation✏︎ Remote work: Work from anywhere with the flexibility to create your ideal work environment and maximise your efficiencyYour regular tasksRisk Management & Compliance Oversight:Develop, implement, and maintain a comprehensive risk and compliance framework, including policies and procedures to mitigate AML/CFT, sanctions, fraud, and other regulatory risksConduct thorough risk assessments and implement effective controls to address identified risksMonitor and analyse regulatory changes, ensuring PayDo's compliance policies are updated and aligned with evolving requirements, particularly in payment regulationsManage regulatory reporting and communication, ensuring timely and accurate submissions to relevant authoritiesStrategic Leadership & Communication:Develop and implement a strategic vision for the risk and compliance department, aligning with PayDo's overall business objectivesProvide regular updates and reports to senior management on compliance matters, including risk assessments, regulatory changes, and performance metricsServe as a key point of contact for regulatory authorities and external auditorsDrive technological improvements within the compliance department, leveraging internal and external technologies to enhance efficiency​​Operational efficiency & Compliance processes managementDrive operational efficiency initiatives to streamline compliance processes and reduce processing timesOversee the development and regular refinement of Standard Operating Procedures (SOPs), ensuring their effective implementation and adherence across all unitsMonitor KPIs to drive performance and accountability within compliance functions, with consistent application and ownership at the Head of Units levelConduct regular audits and reviews of compliance processes to ensure adherence to internal policies and regulatory requirementsTeam Leadership & Management:Directly manage teams, conduct regular performance evaluations, identify training needs, and implement development plans to enhance team capabilitiesFoster a collaborative and high-performing team culture, promoting professional development and knowledge sharingLead recruitment efforts for compliance professionals, ensuring the acquisition of top talent to support PayDo's growthSkills & qualificationsMinimum 5 years of experience in the compliance sphere within financial institutions, with a minimum of 3 years of managerial experienceIn-house experience with the Electronic Money Institution and high-risk is a mustExperience leading a team of 8+ team members is a must (ideally leading onboarding, transaction monitoring, regulatory compliance and anti-fraud teams)Strong understanding of relevant regulations and industry best practices in KYC, AML, and risk managementExperience working directly with regulatory bodies, including obtaining and supporting licensing processes, preparing regulatory reports, and successfully navigating regulatory auditsExperience managing compliance across multiple jurisdictionsProven track record of developing and implementing successful compliance programmes, including KYC, AML, and sanctions screeningAbility to thrive in a fast-paced, dynamic, and rapidly evolving environmentStrong analytical and problem-solving skillsAdvanced level of English Proficiency, Fluent Ukrainian/Russian languageAs a plusExperience working for an EMI company licensed by the FCA/FINTRAC/MFSAProfessional certification in compliance (e.g., ACAMS, ICA)What's In It For YouAt PayDo, specialists are at the heart of our innovation and success. Joining our team means accessing unparalleled opportunities to grow, contribute, and thrive in a dynamic FinTech environment.Empowerment Through Professional Development:Yearly allocation for advancing your professional expertiseUnlock Your Potential:Transparent career growth with opportunities to achieve Lead roles within 1 year, Head roles in 2 years, and even C-level within 4 years, based on exceptional performancePerformance reviews are anchored in KPIs, ensuring recognition is merit-basedMake a Lasting Impact:Work on unique projects where your contributions can reshape company-wide processesBring your ideas to the table and earn exceptional bonuses through our PayDo Ideas HubFlexible and People-Centric Culture:Days of paid vacation annually, with the flexibility to transfer unused days or receive compensationDays of paid sick leave annually, accommodating emergencies and medical needsAdditional holidays aligned with your local calendarCompensation & Incentives:Multiple payment options, including Private Entrepreneurship accounts or popular e-walletsOur Values:At PayDo, we live by principles that drive us to excellence:Ownership & Initiative: Specialists who take charge and make a differenceCollaboration & Communication: Together, we achieve more by sharing ideas and insightsBecome part of a global team redefining FinTech. Your expertise, passion, and ideas will shape the future of payments with PayDo!Originally posted on Himalayas

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