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Modulr
Amsterdam, Netherlands2 months ago
Employment
Full-time
English Level
B2 - Upper-Intermediate
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Compliance Analyst Amsterdam, Netherlands Full time
Are you curious, excited by experimentation and always looking for a better way of doing things?
Do you want to keep learning and developing whilst getting hands-on, payment-building experience?
Do you want the opportunity to play an important role in a rapidly growing and exciting Fintech business?
At Modulr, our vision is a world where all businesses are powered by embedded payments. Modulr enables businesses, from SMEs to Enterprise, across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment schemes, accounts, and card products.
We have created an industry-leading API platform with comprehensive online tools and access, to meet the demands of daily business payments. We are connected to an expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS. Our payments expertise and extensive product capability enables us to build tailored solutions to solve complex payment problems for hundreds of clients in a range of industries, including Travel, Merchant Payments, Lending, Wage Advance, and Investment & Wealth.
We are deeply integrated into the payment eco-system. In the UK, we are direct participants of Faster Payments and Bacs. Modulr hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in 11 currencies. We are principal issuing members of Visa and Mastercard schemes across UK and Europe.
Our regulatory permissions and governance structure are the foundations of our business. We are regulated and supervised as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank.
Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by the venture arms of payments giants PayPal and FIS, as well as growth investors Blenheim Chalcot, General Atlantic, Frog Capital and Europe.
The Compliance Analyst is responsible for leading and managing ongoing CDD & KYC Assessments of Modulr’s clients. Working in the First Line Risk & Compliance Function, the team are responsible for mitigating risks to Modulr as they relate to the provision of our services as an Electronic Money Institution, with a heavy focus on AML, CTF and Sanction control frameworks, but also considering other key aspects such as proposition, consumer duty and value to the market where applicable.
With the regulatory environment continuously evolving, we are looking for someone who displays a keen sense of professional curiosity and willingness to review and consider all compliance aspects as set out in the regulations, providing support and advice to other teams within the business. As a team in a growth phase, this is a great opportunity for someone to help shape and deliver a market-leading proposition. This is a varied role in which you will conduct risk and compliance checks and go beyond checkbox exercises. You will receive training but eventually, you will run these autonomously, drawing upon your analytical, communication and risk evaluation skills.
This is an opportunity to be a part of our Amsterdam team, as we continue our growth into Europe while working closely with stakeholder in our other offices in Edinburgh, London and Mumbai.
You are driven by a passion for safeguarding the business while enabling rapid growth.
You thrive in dynamic environments, rolling up your sleeves to tackle tasks and achieve team and business objectives.
Confident and knowledgeable, you understand company policies and procedures and excel at assessing performance against them.
You are skilled at guiding clients/partners, providing clear recommendations, and suggesting meaningful amendments to policies and procedures when necessary.
Taking ownership of compliance processes excites you, and you are committed to ensuring these processes evolve to keep the business, partners, and clients operating at their best.
Highly organised and structured, you balance immediate compliance tasks and investigations wits longer-term strategic projects.
You are adaptable and comfortable working in an early-stage business where priorities shift, and time is of the essence.
Analytical by nature, you assess risks thoroughly and define effective controls, clearly communicating findings, effectiveness, and any potential gaps to stakeholders.
Your inquisitive mind drives a proactive approach to problem-solving and resolving issues.
You are self-motivated and thrive when working independently in a fast-paced setting.
Sharing your expertise and ideas to improve processes and outcomes is something you genuinely enjoy.
You have a strong interest in FinTech and financial crime, bringing curiosity and passion to your work.
A (high-level) understanding of local regulations such as the Wetter voorkoming van witwassen en financieren van terrorisme (Wwft), Sanctiewet 1970 and Wet op het financieel toezicht (Wft). This knowledge is important to ensure compliance with Dutch financial laws and to effectively manage regulatory risks (together with a 2nd line team).
You enjoy self-leading and working independently when required in a fast-paced, constantly changing environment.
You enjoy sharing your knowledge and sharing your ideas about how we can improve.
You have a strong interest in FinTech and financial crime prevention within this sector.
Curiosity to drive the adoption of AI
At Modulr, we are working hard to build a more positive diverse and inclusive culture that helps everyone to feel they belong and can truly bring their whole self to work. Not only is it the right thing to do for everyone in the Modulr team, it’s also the right thing to do for our business, the community we operate in and attracting future talent. As part of our approach, we actively welcome applications from candidates with diverse backgrounds.
RocketHunt estimate from real salaries
RocketHunt estimate from real salaries
