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About the Role
Support the Head of Compliance in running the compliance function of Vinted Pay Limited. This is a second line of defence role, operating independently of business and commercial decision-making.
Responsibilities
- Participate in implementation and periodical review of the compliance monitoring programme, and carry out monitoring activities, control testing and effectiveness reviews.
- Identify and assess compliance risks across the company and put proportionate measures in place to mitigate them.
- Run regulatory horizon scanning and work out what regulatory developments mean for us in practice, then see the required changes through.
- Draft, review and maintain the compliance policies and procedures so that they keep pace with legal and regulatory change.
- Take part in the New Product Approval Process and advise colleagues on how applicable requirements apply to a specific product, process or initiative.
- Register and manage compliance incidents and remediation actions, and run the escalation process and the regulatory requirements register.
- Own the conflicts of interest framework, and organise and deliver compliance training.
- Respond to regulatory requests, and support the Head of Compliance in audits and inspections and in reporting to Committees and the Board of Directors.
Requirements
- Solid experience in a regulatory compliance function, preferably within a payment institution, electronic money institution, bank or another regulated financial institution.
- In-depth knowledge of EMRs, PSRs and FCA requirements that apply to electronic money institutions, including Consumer Duty, Operational Resilience, Safeguarding and AML/CTF requirements
- Demonstrated ability to build and run a compliance monitoring programme and to turn regulatory change into concrete internal action.
- Able to advise the business in plain language.
- Comfortable working independently and making informed decisions under time pressure.
- Strong analytical and problem-solving skills, and clear written communication.
- High ethical standards and integrity.
- Fluency in English, both written and spoken.
Skills
- E-money regulations (EMRs)
- Payment Services Regulations (PSRs)
- FCA requirements
- Consumer Duty
- Operational Resilience
- Safeguarding
- AML/CTF
- Compliance monitoring programme development
- Regulatory change management
- Plain language communication
- Independent decision-making
- Analytical skills
- Problem-solving skills
- Written communication
- Ethical standards
- Integrity
- English fluency
Location
- EU
Work Type
- Hybrid
- Remote
Experience Level
- Mid-level
Education Level
- Degree in law, finance, business administration or a related field
- ICA or CAMS certification (Advantage)
Salary/Compensations
- £52,700—£77,500 GBP
Benefits
- Share options programme
- 25 working days of holiday
- Newest MacBook models
- Home office support (IT workstation equipment and a personal budget of up to €540 for home workplace furniture)
- Confidential Employee Assistance Program (EAP) for you and your family
- Comprehensive Medical Insurance
- Group Life and Income Protection Insurance
- Matched pension scheme up to a set limit
- Access to a discounted gym membership plan
- Lunch benefit per working day
- Frequent team-building events
- A personal monthly budget for shopping on Vinted
- Workation policy (up to 90 days per year in the EU, 21 days globally for non-EU citizens)
- Individual learning budget (€3,000 starting, up to 10 working days over 2 years)
About the Company
- Vinted's mission is to make second-hand the first choice.
- Vinted Marketplace is Europe’s leading platform for second-hand fashion.
- Vinted Go enhances the shipping experience with a vast network of pick-up and drop-off points.
- Vinted Pay is dedicated to bringing secure, reliable payments to buyers and sellers across Europe.
- Founded in 2008 in Lithuania, Vinted became Lithuania's first unicorn in 2019.
- Headquarters remain in Vilnius, with offices across Europe and a team of over 2,000 people.
Equal Opportunity
- We welcome applications from everybody, regardless of your background, identity, or life experiences.
- Job openings come with guides, not checklists. If you’re excited about a role, but don’t identify with every point in the ‘About you’ section, apply anyway – you might still be the perfect match!