Senior Compliance Officer, Planet

• 5+ years’ experience as a compliance professional at a payment services provider, financial institution, bank, Fintech, financial regulatory agency, or professional services firm serving financial institution clients
• All with a concentration or affiliation with French regulatory schemes
• Excellent knowledge of AML/CTF regulations and experience managing AML/CTF programmes including drafting, implementing and enforcing financial crime policies, procedures, risk assessments and other governance control documentation
• Experience creating and delivering reports to the ACPR regulatory authority
• Expert level of knowledge and experience of best practice risk management and governance frameworks and methodologies
• Experience in merchant acquiring payments, gateway, e-money or wallet products and services, banking functions, and/or merchant processing
• Strong academic record to degree level supported by any relevant sector related and / or professional qualifications including ACAMS and other professional certifications
• Hands-on expertise on systems, databases and tech solutions related to AML/CTF
• Self-motivated, “can-do” attitude to take ownership of work
• Ability to make quick and effective decisions
• Excellent communication skills with the credibility to gain respect internally and, to the extent appropriate to the role, externally with people at all levels
• Background in Law, Finance, or Economics
• Fluent in French and English. Additional EEA-31 languages will be considered a plus

• We are looking for a Senior Compliance Officer to lead the compliance function and the various regulatory obligations for Planet’s French-based payment institution license which the Company passports throughout the EEA
• The successful candidate will be a highly motivated Compliance professional looking for an opportunity to grow with an expanding Payments company
• You will have a passion for applying your compliance knowledge as a business enabler and a proven problem-solver and be comfortable resolving CDD/KYC/EDD issues
• You will be highly competent at working with the regulatory authorities in France including Autorité de contrôle prudentiel et de résolution (ACPR) as well as other EEA member regulators
• The Group LRC function is led by the Chief Legal Officer, and you will be comfortable reporting to a direct manager in the UK and matrix responsibilities to a local Director in Paris
• Hold the position as Planet’s Senior Compliance Officer, under the Company’s payment institution license authorized by the Autorité de contrôle prudentiel et de résolution (ACPR)
• Manage Planet’s payment institution license and act as the primary contact with the ACPR, ensuring all regulatory returns and responses to regulatory requests are accurate, completed and submitted on time
• Develop and maintain a risk-based compliance management programme, comprehensively considering Planet’s products and services, ensuring Planet’s European merchant acquiring business complies with appropriate legislation and regulation
• Own and develop appropriate policies, procedures, and controls to manage all regulatory requirements, including safeguarding of funds, AML/CTF controls such as KYC, sanctions and PEPs, fraud and transaction monitoring, investigations, reporting, complaints handling, and operational controls and resiliency
• Review and assess the onboarding requirements for customers
• Handle individual cases and automated AML/CTF alerts and investigations
• Submit sanctions, suspicious activity, and other reports to the ACPR as required by applicable regulations
• Perform risk assessments on products, services, processes, and tools to ensure identification of risk and development and institution of effective, mitigating controls
• Develop a set of compliance KPIs to report into the wider Group Compliance team and enterprise on a regular basis
• Support the selection of and then set the configuration and monitor the performance of service providers used to support AML/CTF control activities (e.g. IDV, sanctions and PEP screening, transaction monitoring, case management)
• Liaise with customers, financial partners, PSPs, intermediaries, service providers and others in respect of AML/CTF compliance issues
• Liaise and collaborate closely with and support other Group Company MLROs, compliance/risk professionals, Finance, Operations and Internal Audit
• Coordinate and supervise the regulatory obligation´s implementation within the 1st line of defense (1LOD), across our different Planet´s entities
• Horizon scan and report on regulatory developments and make suggestions with respect to related compliance policy and procedure enhancements
• Provide training, guidance and thought leadership pieces on compliance and regulatory risk issues and trends to colleagues and the leadership community
• Act as the senior compliance stakeholder for all engagements with the ACPR, internal committees and boards
• Support internal and external audit reviews
• Attention to detail and an ability to manage in challenging and evolving environments

• Growth and skills: We know that for some it’s about growing into more senior and exciting roles and for others it’s about becoming a deep technical expert. No matter what your ambition, we are with you all the way. We will invest in you to keep your skills relevant and you motivated
• Flexible working: Work from home? Work in the office? Have family and life commitments that mean you want flexibility? We care about what you deliver, not where you work nor the hours you work. We offer the flexibility that suits you and your life
• Workplace diversity: We want our workforce to reflect the world we live in and the customers we serve. We are proud to support a culture of inclusion where everyone and anyone can bring their whole selves to work

Total funding: $18m

Planet offers integrated digital payment services on a single platform, including acquiring, processing, digital wallets, VAT retfund, and currency conversion. The platform enhances the customer experience by simplifying complex payments, enablingseamless transactions in-store, on-site, or online.