Compliance Manager

XPATE

  • Rīga
  • Pastāvīgs
  • Pilna laika
  • 14 days ago
At xpate we're a small, agile team dedicated to simplifying and enhancing the way merchants and consumers connect globally. We are a payment platform that enable companies to accelerate their growth. As a startup, every member of our team plays a critical role in shaping our journey and success. We are entering a new phase and are looking for a Compliance Manager that will work in the regulatory compliance area in financial services and focuses on the business's implementation of legislation that regulates an Electronic Money Institution in the United Kingdom, Latvia and Singapore. xpate Compliance Manager ensures that the business meets its regulatory obligations across the applicable laws and manages its compliance risk effectively. Role reports to Chief Compliance officer.Key responsibilities:
  • Ensure regulatory compliance control in accordance with the legislation applicable to xpate licensed entities in the United Kingdom, Latvia and Singapore (together - xpate);
  • Regularly inform management about regulatory compliance risk, including by preparing semi-annual/annual compliance reports;
  • Monitor compliance of the processes of xpate's structural units with legislation and compliance guidelines, identify improvements and coordinate their implementation;
  • Develop and maintain internal compliance-related documentation that ensures sound and compliant governance processes in xpate entities on a day-to-day basis;
  • Prepare for and participate as needed in internal and external audits of xpate entities
  • Monitor and support xpate's communication with and reporting to financial regulators and other external parties
  • Regularly develop, revise and renew compliance policies and procedures of xpate entities;
  • Cooperate closely with other business functions to ensure compliant internal processes across xpate, including compliant policies, procedures and related documentation of other business functions;
  • Advise employees on compliance topics;
  • Lead the annual compliance risk assessment process and develop annual compliance work plans;
  • Participate and provide advice in business projects and initiatives, identify and eliminate possible compliance risks;
  • Conduct compliance research on potential new business vectors as they arise;
  • Identify opportunities for process improvements, ensuring compliance with standards, policies and procedures;
  • Provide support for the development of xpate's short-term and long-term operational plans;
  • Follow up on updates in compliance laws, regulations and standards and implement the necessary changes foreseen in them in the Operational Compliance Risk Management Policy and other related internal regulatory documents of xpate;
Qualifications:
  • At least 2-3 years of experience in a similar role in the financial services industry, preferably in Latvia, elsewhere in the EU, or United Kingdom;
  • Experience communicating with regulatory bodies and auditors;
  • Good understanding of maintaining effective relationships with financial regulators;
  • Have good reputation;
  • Knowledge of regulatory requirements to a financial services business including laws around financial services provision, reporting to regulators, internal corporate documentation principles;
  • Being ready to suggest to the management how to deal with changes in regulatory compliance legislation and the latest compliance risk trends, as well as review and anticipate changes and news in regulatory legislation and formulate how they affect xpate's operating processes;
  • Strong analytical skills with the ability to make sound judgments;
  • Excellent communication and interpersonal skills with the ability to build strong relationships with internal and external stakeholders;
  • Attention to details and the ability to maintain accurate and up-to-date records;
  • Have a professional working proficiency in Latvian and English
Whats in it for you:
  • A dynamic, ambitious work environment that values innovation, performance, and quality.
  • Competitive monthly gross compensation package starting from 3300 EUR (depending on your experience and competences)
  • Feeling of being valued at work;
  • Supportive and caring leadership;
  • Stack of work equipment from Apple as our hardware of choice;
  • Extra 3 paid days off per quarter for personal time & sick days to boost productivity;
  • Birthday off. You can take this day off on your birthday (of course) or on any other day on your birthday month;
  • Modern, fully equipped office in the Riga city centre - In house canteen, chill area, drink, snack bar and our own barista for refreshing breaks at work;
  • Private health insurance and mandatory health check paid by company;
  • Flexible working hours and hybrid work model;
  • Corporate events and fun activities
We've got more benefits in the pipeline as we are just beginning.You will get a high degree of collaboration and autonomy while working with a group of peers who have a getting things done attitude. If you want to get a feeling of being valued at work and opportunity to leave a footprint on an exciting fintech product that brings value to its customers, feel free to join xpate team! 🚀

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