Head of Risk and Compliance, Vivid Money
European financial platform for businesses
Job no longer available
European financial platform for businesses
201-500 employees
Job no longer available
201-500 employees
Company mission
To make managing finances simple and accessible to everyone.
Role
Who you are
- At least 7 years of experience with a preference for demonstrated exposure in retail financial markets and/or the crypto industry
- Extensive experience in a compliance environment with a good understanding of the compliance issues impacting (financial) market infrastructure and financial services
- Significant relevant experience at a regulated financial institution, with first-hand knowledge of EMIR, MiFID/MiFIR, AMLD, MICA, IFR, ESG, and/or trade repositories
- Familiarity with financial markets and financial products, e.g. Equities, Derivatives, FX and Crypto
- Strong leadership skills, including the ability to manage risk and control activities in complex financial operations environments
- Alignment to our company values and ability to convey them to the rest of the team - You are customer-obsessed, unstoppable, owner and radically honest
- Strong attention to detail; highly driven and ambitious
- Excellent written and spoken English skills, native knowledge of a second European language is welcomed
- Based in the Netherlands (Amsterdam) or willing to relocate
What the job involves
- As a Head of Risk & Compliance of Vivid Money B.V., a Dutch-regulated company offering investment and crypto services across Europe, you will own the entire risk management and compliance framework of the company. Your focus will be on non-financial risks such as AML, duty of care, operational, third-party (outsourcing) risks and tech. But you will also oversee financial risks such as liquidity, capital, credit and market risks
- Furthermore, as a member of the Group Risk Management and Compliance team, you will help with managing (consolidated) risks at the Group level and in other group entities, such as Luxembourg-based Vivid Money S.A. that is responsible for payment services
- This is a hands-on role with one direct report that calls for someone proactive and ambitious
- Vivid is in need of an experienced Compliance specialist who is ready to step up into a bigger role
- Oversee and maintain the risk and compliance framework at individual entity level, and support relevant risk and compliance matters at group level, including strategy, policies and governance arrangements as approved by the Board
- Assist the Boards in fostering a culture of informed risk-taking through training, communication and promotion of the agreed risk and compliance framework
- Provide independent risk and compliance advice, challenge and escalation to management and the Board where appropriate
- Keep up to date with EU regulatory developments and assess their impact on the business
- Interact with regulators on an ongoing basis, as and when required
- Participate in the new product approval process and assess related risks
- Maintain a quality assurance and control testing programme across all compliance and risk domains
- Oversee outsourced functions, execution counterparties for securities and crypto orders and other material suppliers from a second-line-of-defence perspective, including due diligence and ongoing monitoring
- Follow up on risk incidents, risk, audit and regulatory findings, and coordinate and review the implementation of corrective measures
- Maintain regulatory reporting processes, including reporting to the FIU
- Ensure ongoing reporting to, and close cooperation with, the Chief Risk Officer, who is a member of the Board
Our take
The rise of online and mobile banking is well and truly underway. The digitisation of financial services has been coming for a long time, and we can now see the real potential of this industry to revolutionise the ways we think about money.
Leading the charge in Europe is German startup Vivid Money. Its platform allows users to send, receive, spend, invest and save money in different ways. Framed as a competitor to Revolut, Vivid is hoping to disrupt the market of existing online financial services from the big banks all the way to retail trader platforms.
Vivid has already attracted enormous investor interest, leading to some impressive funding rounds. It has used this to develop its app, make hires across Europe and boost marketing efforts. Building on impressive early metrics (in its first full year of operation Vivid built a customer base of over 500,000) the company is in a good position to make waves in the European financial industry and beyond.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-41% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Feb 2022
$113.8m
SERIES C
Apr 2021
$68.3m
SERIES B
Total funding: $199.1m
Company benefits
- Short-term and long-term incentive plans: We reward high performance and personal or team achievements, which means that our compensation consists of fixed and variable pay and both are very important. We are also setting up long-term incentive plans for our employees, so come and join us now, while the company is just starting to make history.
- Sport: We support sports activities and therefore subsidise fitness subscriptions.
- Healthcare benefits: We provide our employees with an extended range of health benefits and possible insurances.
- Language Courses: We want our service to operate across Europe and therefore encourage our employees to improve their language skills and take language courses.
- Free Lunch and fruits: Our employees have subsidised meals at the office and fresh fruit waiting for them every morning.
- Continuous Learning: We believe in the principle of continuous learning and we want to get better every day! We pay for professional courses and conferences and keep our offline and online libraries updated to improve personal and professional efficiency.
Company HQ
Tiergartenviertel, Berlin, BE
Leadership
Alexander Emeshev
(Co-Founder)Alexander has a background in banking, having spent over 15 years between Kaspi Bank, Russian Standard Bank and Tinkoff Bank.
Artem Iamanov
(Co-Founder)Artem co-founded Vivid in 2020.
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