Head of Compliance & MLRO – Ireland new

Previous compliance experience in relation to cryptocurrency/digital assets would be an advantage. With a genuinely differentiated product, we're connecting…...

If you haven’t heard of Wirex, then you’ll now know why we’re recruiting – we’re a fintech secret on the cusp of becoming famous! With a genuinely differentiated product, we’re connecting crypto, currencies and convenience for users around the world – all wrapped in an app and armed with a VISA card that can be used to pay for the tube, swap currencies (digital and fiat), or buy ‘that’ new thing you saw last time you visited the local shopping mall.

Our consumers are many, and everywhere – but we’re looking to build and scale our brand. With 3 product offerings (APAC, NA and Europe) we’re a 24-7 diverse collection of people, from hardcore crypto geeks to people that are just passionate about being in fintech and working on a new way of making payments faster and simpler.

We are now seeking a Head of Compliance to manage and lead the Ireland function.

Responsibilities :
Oversee Wirex compliance programme in the EEA

Maintain a strong working knowledge of the regulatory requirements and ensuring any developments and changes are incorporated into procedures and practices as appropriate

Oversee KYC/CDD and AML/CTF checks conducted by both outsourced and local compliance staff

Liaise with the CBI, maintaining an effective and open relationship with the regulator and managing all regulatory inquiries and reviews, including reporting and notification matters

Track new or revised regulations and implement internal procedures and processes to ensure compliance for the commercial activities of Wirex

Provide regulatory training to all employees on relevant regulatory and legislative requirements and the maintenance of training records

Review, assess and enhance compliance policies and procedures and the compliance monitoring programme to reflect regulatory developments and best practices

Timely and proactively escalate issues resulting from compliance monitoring, resolution tracking and management/board reporting

Ensure maintenance of accurate records and details to prepare effective management and board reports

Proactively cooperate with other functions and key stakeholders to ensure that company objectives are achieved, even when these lie outside usual areas of responsibility

Review technical publications, articles, and abstracts to stay abreast of technical developments in the industry and monitor evolving developments to continually update and improve Legal processes and frameworks in the region

Requirements :
Previous compliance experience in technology platforms such as e-Commerce, Payment Services, wider Financial Services, Credit Cards or Global Transaction Services and Exchanges will be advantageous

Previous compliance experience in relation to cryptocurrency/digital assets would be an advantage.

Previous experience as a Money Laundering Reporting Officer

The individual will possess strong business acumen and judgement and the ability to effectively switch between the roles of regulatory and commercial advisor

Proven experience gained within a relevant, regulated financial services organisation and a strong understanding of relevant products and services, including current knowledge of their regulatory requirements

Outstanding interpersonal skills and relationship building abilities

Experience of working within sophisticated and international financial services businesses

The experience, confidence and stature to make a strong impact at all levels of the organisation as well as to liaise effectively and proactively with the Regulator

A tech-savvy, curious and innovative professional and team player with the proven ability to develop and run an effective Compliance and Legal framework in an energetic, pragmatic, flexible and professional manner

The ideal candidate will have a strong Compliance background but, in any event, he/she will possess a proven track record of successfully advising, influencing and representing an international company with complex regulatory matters

The ideal candidate will have Financial Crime experience and be able to produce Management Information and adhere to pre-determined KPI targets

Ability to proactively analyse relevant business drivers and strategies with senior management and colleagues to put in place appropriate processes and controls.

Diversity and Inclusion

We invite applications from anyone who shares our vision and demonstrates our company values. If you have what it takes to perform the role and have the capabilities required that we have listed in the job description, then we want to hear from you.

We embrace unique and are immensely proud of our diverse team and inclusive culture, if you want to be a part of our exciting journey, don’t hesitate to apply.