Working as part of the group wide Risk & Compliance team supporting our pan European business, the German Risk & Compliance Manager is responsible for maintaining Token GmbH´s regulatory status.
Reporting into the Chief Risk & Compliance Officer (CRCO) this role has one direct report, a Compliance Analyst.
Responsible for Token GmbH´s overall compliance including (but not limited to) Risk Management, Outsource Controlling, client and merchant on/offboarding, staff training, etc.
What you'll do on a day2day basis
Regulatory Compliance; keeping abreast of evolving regulatory requirements in Germany, especially those relevant to regulated payment service providers
Ownership of Compliance policies and procedures in line with regulatory requirements
Being the interface to the external Money Laundering Officer as well as serving the deputy function
Line Management and development of 1 direct report
Coordinating the internal and external audit and managing the identified gaps
Support with notifications and reporting (Melde- und Berichtswesen) with BaFin/Bundesbank.
Responsible for the maintenance and implementation of regulatory frameworks
Management and implementation of Token GmbH payments risk and governance strategy including the underlying policies
Creating and managing effective plans to minimise major risk, and monitoring outcomes and improvement plans
Responsible for managing company´s risk / risk registers - implementing and ensuring effective controls are in place
Implementing ‘2nd line of defence’
Developing and implementing regulatory training programmes About you
German based and ideally speaking, you are an inquisitive and detail-oriented R&C professional with relevant experience and expertise ideally from within the payment industry
Ability to work under pressure, meet deadlines and work effectively with multiple stakeholders
Expected to work very closely with internal stakeholders, including but not limited to members of various departments and functions within the Token Group, as well as with customers and external business partners and - of course - BaFin and Bundesbank
Technically-inclined with an ability to engage and work with technology specialists and comfortable navigating in a fast-paced rapidly evolving environment where structure is a work in progress
The ideal candidate will be a confident and positive self-starter with strong interpersonal and organisational skills, able to effectively and proactively exercise good judgement and become a trusted partner and business enabler Skills & Experience
Excellent communication both written and verbal
A minimum of three years experience operating in regulated companies in the payments sector
Good understanding of and experience with PSD2, the Payments Services Act (ZAG), money laundering regulations (GwG) and other associated regulations
Confident individual with a proactive attitude
Exceptional interpersonal skills, demonstrating professionalism in all dealings
A self starter, able to demonstrate high levels of initiative and motivation, as well as work closely with other team members
Ability to manage assigned tasks in an assertive, efficient and timely manner
Proven ability to deal with confidential matters and with discretion
Must be able to multi-task and keep calm under pressure
A good working knowledge of GSuite and Microsoft Excel and Word
Excellent attention to detail
Excellent, proven organisational skills
German language skills Additional Information
Open to all
Token is building an open future for everyone.
We don’t just accept different points of view, lived experiences and new ways of thinking — we search them out. They help us make better products, better decisions, and a better place for everyone to work.
So, come as you are. We acknowledge and embrace different backgrounds, identities and abilities. Respect is our default, and empathy is our baseline.
No one succeeds until we all do.