Head of Risk & Compliance

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 performance
• Risk Management: Identify, assess, and mitigate AML, sanctions, fraud, and other compliance risks, implementing robust policies and procedures to safeguard the organisation
• Recruitment 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 needed
• Policy Development: Develop and enhance key compliance policies and procedures to ensure compliance with all applicable legislation
• Operational Efficiency: Drive operational efficiency initiatives to reduce processing time and enhance overall departmental performance
• Quality Assurance: Conduct regular audits of compliance processes to ensure quality and adherence to regulatory requirements while hitting processing time objectives
• Objective Setting and Performance Management: Develop and implement departmental objectives and key performance indicators (OKRs and KPIs), monitor progress, and drive continuous improvement
• Communication 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 reporting
• Technology Integration: Drive technological improvements within the compliance department, leveraging internal and external technologies to enhance efficiency
• Strategic Vision: Develop and implement a strategic vision for exponentially scaling the client base while maintaining compliance with regulatory requirements
  
  

Skills and qualifications:

• Minimum 5 years of experience in EMI compliance leadership role
• Deep knowledge of UK and EU compliance legislation and best practices
• Proven experience in team building and management
• Strong communication and interpersonal skills
• Ability to thrive in a fast-paced and dynamic environment
  
  

As a plus:

• Professional certification in compliance (e.g., ACAMS, ICA) is a plus
• Familiarity with regulatory technology (RegTech) solutions
  
  

Hiring Steps

Our recruitment process typically includes the following steps:

• Application Screening
• Interviewing Process & Assessment
• TA Interview
• Tech Interview
• Test Assignment (upon request)
• Final Interview (upon request)
• Job Offer
• Reference Check
  

Advantages of working with us

• Join a team of talented individuals who are deeply committed to their roles and the company's mission
• Embrace an innovative approach to processes and problem-solving, driven by ambitious goals and plans
• Work in a collaborative environment dedicated to delivering superior products that meet and exceed customer expectations
• Enjoy a workplace that fosters autonomy and trust, empowering you to take ownership of your responsibilities
  
  

Social Package

• Competitive compensation package
• Remote-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 holidays
• Budget for private English classes
• Budget for external training
  
  

Seize this opportunity and take the next step toward a rewarding career. Apply now!