Licensing and Compliance Officer (FinTech)

Overview of the position
This role in Payop involves working at the intersection of law, finance, and technology. Professionals in this field must have a strong understanding of financial regulations, digital payments, electronic money, cryptocurrencies, anti-money laundering (AML) policies, and compliance procedures.

Responsibilities

• Drive and be in charge of financial licensing processes in the EU or UK
• Maintain and open correspondent accounts
• Deal with complex legal requests and RFIs (banks, authorities)
• Record keeping and structuring of the company’s relevant documentation and information
• Serve as a primary liaison for correspondence with local law firms, auditors, and regulators
• Stay abreast of all applicable financial regulations, including banking, EMIs, PIs, PASEP, anti-money laundering (AML), know-your-customer (KYC), and data protection laws
• Develop and implement corporate compliance and governance programs applicable to the group of companies
• Ongoing updating compliance program according to the requirements of the company regulators
• Be in charge of regulatory reporting, AML, and other relevant audits
• Be in charge of company governance policies and regulatory responsibilities updates
• Be in charge of the licensing process during the expansion to the new regions
• Improving company policies according to applicable regulatory standards across KYB, AML, Anti-Fraud and compliance functions
• Conduct audits before relationships with third-party vendors, service providers, financial providers, banks, payment systems, and partners
• Report regularly to the CEO in relation to regulatory issues and/or proposals

Requirements & Skills

• Degree in law
• Experience with Merchant and IBAN accounts
• Previous experience in company incorporation (EU/UK)
• Previous experience in drafting AML/CTF policies
• Previous experience in license application (EMI, PSP, PISP, crypto)

Nice to have

•  Recent experience in EMI licensing (not later than 2021)