Compliance Manager, NoviCap
Capital solutions for businesses
Job no longer available
Capital solutions for businesses
21-100 employees
Job no longer available
21-100 employees
Company mission
To allow small, medium and large companies to access working capital financing through invoice finance and thus improve their cash flow.
Role
Who you are
- Are based in Madrid or Barcelona
- Are fluent in English, both spoken and written
- Have 5-10 years of experience in the Compliance department in a law firm, or in a financial services, technology firm, or a bank
- Have relevant experience in Anti-Money Laundering and Data Protection regulations and processes
- Have keen interest in fintech and work in an entrepreneurial team-based environment
- Strong and independent work ethic, with a passion for compliance and regulatory advice
- Proactive and analytical mindset to promote business value creation while complying with regulations
- An ability to build relationships across the organization in order to understand business processes and identify related compliance issues
Desirable
- Are a qualified Spanish lawyer
- Currently work in an entity regulated by the Bank of Spain
- Have experience in other jurisdictions
What the job involves
- Acting as MLRO and DPO of Novicap, you will represent us in these key roles to fulfill requirements set by UK’s HMRC and Spain’s SEPBLAC, among other frameworks. While you will be close to the Legal, Sales and Operations teams, your focus will be Compliance & Regulatory Matters. You will be responsible for, inter alia:
- Acting as a compliance business partner to the teams identifying risk and business impact and driving solutions
- Managing and sponsoring Compliance policies, with a key emphasis on the AML/CFT Framework and the Code of Ethics
- Leading the supervision and alignment of team members, including the governance structure, processes, training and monitoring
- Regularly auditing company procedures, practices, and documents to identify possible weaknesses or risks, including in privacy matters
- Assisting in identifying, investigating, reporting and correction of compliance issues, irregularities and violations
- Assisting to the Senior Management and Board in ensuring legal and compliance obligations are followed and that we are in good standing with regulatory agencies when applicable (note: Novicap does not currently require a regulatory license from the FCA or Bank of Spain)
- Conducting research to keep up to date with the relevant regulatory environments, evaluating the business impact, and formulating recommendations
- Leading the annual external Compliance audit, conducted by a leading third-party service provider
- Managing a Compliance Specialist, acting as a mentor for her professional growth, while ensuring she is best equipped for high performance output
Our take
SMEs often face delays when receiving invoice payments from large clients, resulting in cash-flow problems and logistical difficulties. NoviCap was created to provide a platform where SMEs can generate quick financing in order to mitigate this previously unavoidable problem.
NoviCap differs in that it offers a lateral solution to traditional banking options, which can often take weeks to confirm funding. Its automation, flexibility, and fully accessible online platform also means that SMEs can hold increased ownership of their financing, unlike with traditional banks.
Well-backed, the company is expanding its platform to accommodate all sizes of enterprises, not just SMEs. It also aims to stand apart from competitors by focussing on developing other services that set the company apart from the banking circuit.
Freddie
Company Specialist at Welcome to the Jungle
Insights
13% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Nov 2017
$1.2m
EARLY VC
Jun 2017
$0.4m
SEED
Total funding: $3.3m
Company benefits
- Amazing highly motivated colleagues and team members to work with
- Annual company-wide events
- Dynamic, international working environment, with a flat hierarchy and open communication between teams
- Andjoy subscription if you like sports. And we also have a running club!
- Library with plenty of books to choose from
- Free fruit, coffee and tea at the office
Company HQ
Sant Gervasi - Galvany, Barcelona, CT
Leadership
Federico Travella
(Co-Founder & CEO)Previously the Managing Director at Rocket Internet SE and worked in Business Intelligence & Marketing at Lazada Group. Travella currently sits as an External Expert for the European Commission.
Marc Antoni Macia
(Co-Founder & Advisor)Former COO of the company. Was the Head of Business Intelligence and Strategy at Westwing Home & Living. Also co-founded Pallia in 2012 and is Executive Chairman at Kalma.
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