Compliance Analyst

The role will deal with:

• Horizon scanning;
• Regulatory change management;
• Regulatory reporting;
• Performing compliance assessments.

The position will report into the Head of Risk and Compliance Europe based in Amsterdam.

Modulr has a strong team with extensive experience in payments, so you will have a chance to learn from some experts with a real passion for developing the business.

What You’ll Do

• Help to manage the day-to-day operation of our compliance processes, providing guidance and support to first line teams across the business, and identifying opportunities for improvement.
• Support first line teams in the identification, assessment, and treatment of compliance risks.
• As part of the second line risk and compliance team, engagement with regulators is also expected.
• Scan for regulatory changes and assess the impact it has on Modulr. Setup regulatory change management projects in line with regulatory horizon monitoring.
• Monitor improvements and escalate when needed.
• Champion a strong compliance culture, influencing people across the business to ensure compliance by design.
• Provide high quality, informative and timely management information.
• Contribute to the wider Second Line Risk and Compliance Team activities as required, such as; ad hoc analysis; input to RFIs/RFPs; and supporting team development. Provide second line oversight and challenge across AML/FT frameworks and controls.
• Support engagement with regulators and competent authorities across relevant jurisdictions (e.g., Bank of Spain, SEPBLAC).
• Own certain regulatory reporting obligations, ensuring submissions are accurate, complete and delivered on time (e.g. payment statistics, financial reports, AML reports)

Coordinate with external advisors on local regulatory matters.

About You

• You will need to have worked in a similar role within a fast-paced financial institution or consultancy environment and be familiar with the role of a second line compliance analyst or at least 3 years.
• Experience engaging with regulators and supervisory authorities.
• Strong understanding of AML/FT frameworks within a second line environment.
• Experience interpreting regulation and translating requirements into clear, actionable guidance for the business.
• It would be great if you have exposure to Payments and FinTech but not essential.
• Great engagement and influencing skills, recognising the importance of developing strong relationships with stakeholders to achieve results and having the confidence to challenge more senior members of staff in an appropriate way.
• Excellent verbal and written communication skills to deliver clear and concise messages.
• Structured and organised, and able to handle a fast-paced environment and competing priorities.
• Native Spanish speaking is a must

What can Modulr offer you

We are friendly and sociable, challenging but rewarding. We want you to push yourself and for us to support you in your future as we scale up and grow. Our culture and values are putting you first and are about investing in your future.

• Bonus - Our annual discretionary bonus, paid in May for the previous year, is based on both company and individual performance.
• Pension Contribution
• Flexible benefits - €1000 to spend on benefits for you to choose from which suit your lifestyle and needs
• 33 days holiday (including bank holidays) + your birthday off - choose which days you take off to relax and/or spend time with loved ones
• Travel Commuting Allowance – we offer a commuting allowance to help cover the cost of traveling to our office
• Learning Opportunities – on joining Modulr you will embark on our 3-day onboarding programme to be equipped with the Modulr know-how and arm you with the tools you need to be successful from day 1! But, we don’t want your learning to stop there so we will continue to provide you with the tools and capabilities through our learning channels and platforms to allow you to grow and develop in Modulr.
• Modulr all-hands - join your colleaguesfor our company wide events throughout the year.
• Great workspace - Modulr thrives on innovation which is best done through in-person collaboration. This approach enables us to work together closely, exchange ideas, and create innovative solutions that drive our success. We have state of the art offices located in WeWork in Edinburgh, ScaleSpace in London, and WeWork in Amsterdam.

ModInclusion

We believe that by seeing Modulr, and the world, from all sorts of angles, we can make life better for all. We want you to know that the things that make you, you — like your identity, age, ability, and background — are things that we will always celebrate and support with open arms. As such, we are keen to maximise the diversity of our workforce and actively encourage applications from anyone and everyone.