Compliance Manager

Title: Compliance Manager

Location: Amsterdam Netherlands

Type: 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 experience working in the embedded payments space
• Do you want to have the opportunity to be a key part of the team and help enable Modulrs growth in Europe

If so we would love to hear from you!

Who We Are

Our vision is a world where all businesses are powered by embedded payments. Modulr enables businesses from SMEs to Enterprise initially across the UK and Europe to efficiently pay-in collect and disburse funds instantly via a range of payment schemes accounts and card products. Find out more about us on our website and careers site.

What Youll Do

• Act as a key advisor to the business on client risk management and regulatory compliance.
• Report directly to the Head of Risk & Compliance Europe
• Monitor and help steer compliance risk exposure across the Dutch and European business creating clear management information to support decision-making.
• Take ownership of internal and external regulatory reporting (DNB FIU PSD2 AMLD GDPR etc.) ensuring timeliness and accuracy.
• Drive the execution of the annual Risk & Compliance plan setting quarterly milestones with the compliance analyst and tracking delivery.
• Engage directly with the Dutch Central Bank (DNB) on regulatory queries inspections and ongoing relationship management.
• Support regulatory horizon scanning and embed new regulatory developments (Dutch and EU-wide e.g. PSD2 AMLD6) into business processes and controls.
• Liaise with internal functions to embed compliance risk management in the first line.
• Guide the growth and development of compliance team members fostering a culture of continuous learning and accountability.

Your responsibilities will include:

• Guide the business on client risk and monitor the risk exposure of the growing client book
• Drive regulatory reporting manage the provision of MI and the reporting calendar
• Manage the execution of the compliance year plan by defining quarterly milestones together with the compliance analyst
• Gradually engage with the home regulator (DNB) and manage part of the relationship
• Oversee the regulatory horizon scanning
• Engage in the growth and development of the compliance analyst
• Pre-approve high-risk clients
• Liaise with DNB on ad hoc queries
• Undertake policy updates and reviews risk assessments and control testing
• Oversee updating of controls in line with European developments
• Create compliance MI and reporting

Who You Are

• 5 years of managerial experience in regulatory compliance in the financial industry
• 2 years of experience managing internal stakeholders
• Experience with interpreting the requirements from DNB (and European regulators)
• Experience with setting up regulatory reports
• Knowledge of relevant legislation (AMLDWwft Wft PSD2 DORA)
• Effective communication skills
• Native/Fluent Dutch speaker
• Cultural sensitivity
• An eye for detail
• A hands-on approach concise and clear style

Nice to haves

• Proficiency in Spanish or French
• Payments/e-money experience

What We Offer You

• Share Options We offer a Company Share Option Plan (CSOP) giving you the opportunity to benefit from any increase in share value in the event of a sale merger or flotation.
• Bonus Our annual discretionary bonus paid in May for the previous year is based on both company and individual performance.
• Flexible benefits - Over 1000 per year to use however you like (add to your pension use for travel etc.).
• Wellbeing app confidential on-demand access to therapy coaching counselling management training or mindfulness sessions with accredited professionals with company-funded hours and top-up options available.
• Holidays - 33 days annual leave (including bank holidays) plus your birthday off.
• Learning opportunities - Our two-day onboarding program ModStart helps equip you for success. Learning doesnt stop there; well continue to support your development through various channels.
• Company-Wide Events - Participate in collaborative and engaging events with colleagues across the business.
• Travel Commuting Allowance: We offer a commuting allowance to help cover the cost of traveling to our office

ModInclusion

At Modulr were committed to building a diverse equitable and inclusive culture where everyone feels they belong and can bring their whole self to work. We welcome applications from candidates of all backgrounds as we believe its the right thing for our people our business and the community we operate in.

By submitting your CV you consent to us using your personal data to assess your application contact you or share your CV with relevant hiring managers. You can request removal of your data at any time by emailing - though this will withdraw you from consideration for the role.

By submitting your CV you understand that we have a legitimate interest to use your personal data for the purposes of assessing your eligibility for this role. This means that we may use your personal data to contact you to discuss your CV or arrange an interview or transfer your CV to the hiring manager(s) of the role you have applied for. You can ask us at any time to remove your CV from our database by emailing but please note that this means we will no longer consider you for the role you have applied for.