Risk & Compliance Manager, Token
£80-90k
+ Stock options (at one years service)
Open banking platform for account-to-account payments
Open for applications
Open banking platform for account-to-account payments
101-200 employees
Open for applications
£80-90k
+ Stock options (at one years service)
101-200 employees
Company mission
Token’s mission is to drive the shift from traditional payment methods to faster, fairer, lower-cost bank payments.
Role
Who you are
- Based in Germany, with experience in Risk & Compliance, ideally within the payments industry
- At least three years’ experience in a regulated sector
- Strong knowledge of PSD2, ZAG, GwG, and related regulations
- Fluent in German and English (both written and verbal)
- Comfortable working in fast-paced, evolving environments
- Strong technical acumen, able to engage with technology specialists
- Excellent interpersonal and organisational skills, with the ability to build trusted relationships across stakeholders
- Confident and proactive self-starter, capable of managing multiple tasks at same time
- Proficient in Google Workspace (GSuite) and Microsoft Office (Excel, Word)
- Exceptional attention to detail and problem-solving skills
What the job involves
- Reporting to the Managing Director of Token GmbH, this role is part of the group-wide Risk & Compliance team, supporting our pan-European business
- The Risk & Compliance Manager is responsible for ensuring Token GmbH maintains its regulatory status and operates within a robust risk management framework
- Develop and implement a comprehensive Risk Management Framework aligned with ZAG-MaRisk
- Oversee the Payments Risk & Governance Strategy, including operational risk in payment processing, fraud prevention and transaction monitoring and business continuity and resilience planning
- Maintain risk and loss registers with timely updates
- Conduct risk assessments and scenario analyses to identify vulnerabilities
- Ensure compliance with BaFin, Bundesbank, and EU regulatory requirements
- Develop and maintain Compliance Policies & Procedures
- Act as the primary liaison with regulators, managing regulatory notifications and filings (BaFin, Bundesbank), onsite inspections and inquiries and annual regulatory reporting obligations
- Oversee Outsourcing Risk Management, ensuring BaFin compliance
- Manage relationships with third-party service providers handling AML, Internal Audit, and Data Protection
- Conduct vendor due diligence and risk assessments for outsourced services
- Coordinate internal audits (both in-house and outsourced)
- Manage external audits related to Risk & Compliance
- Implement internal controls to ensure compliance in business operations
- Develop and implement regulatory training programs for employees
- Provide advisory support on compliance and regulatory matters
Our take
Tokens as a concept hold significant potential, spanning from coffee chains to sustainable energy initiatives. Their primary function is to enable individuals and communities to invest in their interests, with the initial motivation to create a world where money effortlessly supports the causes people genuinely care about.
But in the current landscape, tokens pose challenges. Discovering them proves challenging, understanding them can be draining, staying updated with them is time-consuming, and retaining them may instill fear. Consequently, it is observed that the main participants in token engagement are day traders and crypto enthusiasts.
Token.com aims to redefine this narrative by adopting a fresh approach. The goal is to make tokens more relatable and less complex, more accessible and less alien, fostering a sense of community rather than isolation. With a team comprising designers, engineers, product enthusiasts, and token aficionados, Token.com is enthusiastic about influencing the future of tokens.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 8 rounds)
May 2022
$40m
SERIES C
Jan 2021
$15m
SERIES B
Total funding: $91.6m
Company benefits
- Stock Options
- Learn and grow
- 30 days holiday + local BH
Company HQ
City of London, London, UK
Leadership
Todd Clyde
(CEO, not co-founder)He was previously the COO at Token. He has extensive experience in Senior Sales Leadership
Salary benchmarks
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