Head of Risk and Compliance (EMI, FinTech)

We are seeking an experienced compliance professional with a deep understanding of FCA 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 efficiency

Regular responsibilities

Risk 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 risks
• Conduct thorough risk assessments and implement effective controls to address identified risks
• Monitor and analyse regulatory changes, ensuring PayDo's compliance policies are updated and aligned with evolving requirements, particularly in payment regulations
• Manage regulatory reporting and communication, ensuring timely and accurate submissions to relevant authorities

Strategic Leadership & Communication:

• Develop and implement a strategic vision for the risk and compliance department, aligning with PayDo's overall business objectives
• Provide regular updates and reports to senior management on compliance matters, including risk assessments, regulatory changes, and performance metrics
• Serve as a key point of contact for regulatory authorities and external auditors
• Drive technological improvements within the compliance department, leveraging internal and external technologies to enhance efficiency

​​Operational efficiency & Compliance processes management

• Drive operational efficiency initiatives to streamline compliance processes and reduce processing times
• Oversee the development and regular refinement of Standard Operating Procedures (SOPs), ensuring their effective implementation and adherence across all units
• Monitor KPIs to drive performance and accountability within compliance functions, with consistent application and ownership at the Head of Units level
• Conduct regular audits and reviews of compliance processes to ensure adherence to internal policies and regulatory requirements

Team Leadership & Management:

• Directly manage teams, conduct regular performance evaluations, identify training needs, and implement development plans to enhance team capabilities
• Foster a collaborative and high-performing team culture, promoting professional development and knowledge sharing
• Lead recruitment efforts for compliance professionals, ensuring the acquisition of top talent to support PayDo's growth

Skills & requirements

• Minimum 5 years of experience in the compliance sphere within financial institutions, with a minimum of 3 years of managerial experience
• In-house experience with the Electronic Money Institution and high risk is a must
• Experience leading a team of 10+ team members is a must
• Strong understanding of relevant FCA regulations and industry best practices in KYC, AML, and risk management
• Experience managing compliance across multiple jurisdictions
• Proven track record of developing and implementing successful compliance programmes, including KYC, AML, and sanctions screening
• Ability to thrive in a fast-paced, dynamic, and rapidly evolving environment
• Strong analytical and problem-solving skills
• Advanced level of English Proficiency, Fluent Ukrainian/Russian language

As a plus

• Professional certification in compliance (e.g., ACAMS, ICA)
• Experience working with international regulatory bodies (FINTRAC, MFSA)

What's In It For You
At 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.