Head of Compliance

Paynetics is a leading fintech company, founder of the Bulgarian Fintech Association. Grounded in financial services, with offices in Bulgaria and the UK, we have built a team of passionate and enthusiastic professionals, on a mission to change the world of payments.

We have launched the first mobile payment app in Bulgaria, the first utilities payment app in the UK, one of the first automated loyalty solutions in the US and a game changing payment acceptance solution with patent pending.

We are seeking a highly experienced and motivated Head of Compliance to lead our compliance function and ensure adherence to regulatory requirements and industry standards. As the Head of Compliance, you will be responsible for developing, implementing, and maintaining a comprehensive compliance program that supports the company’s strategic objectives while managing regulatory risks effectively.

Your responsibilities:

• Manage all internal compliance policies and procedures framework of the company
• Develop and maintain a robust compliance framework that encompasses regulatory requirements relevant to the fintech industry, including AML/KYC, GDPR, PSD2, and other relevant regulations
• Establish policies, procedures, and controls to mitigate compliance risks and ensure adherence to applicable laws and regulations
• Lead and manage a team of compliance professionals, providing mentorship, training, and development opportunities
• Serve as the primary point of contact for regulatory authorities and external auditors, ensuring timely and accurate reporting and responses to inquiries
• Collaborate with cross-functional teams, including legal, another risk teams, and product development, to ensure compliance considerations are integrated into business processes and product offerings
• Stay informed about changes in regulatory requirements and industry best practices, and proactively update policies and procedures as needed
• Implement, perform and monitor AML/Compliance assurance supervisory checks in all company business lines
• Organize internal trainings on Compliance/AML topics

Your Profile:

• University degree in Law, Business Administration, Finance, or a related field
• At least 7 years of experience in compliance roles within the fintech or financial services industry, with significant experience in a leadership or managerial capacity
• Strong knowledge of regulatory requirements and standards applicable to fintech companies, including but not limited to AML/KYC, GDPR, PSD2, and consumer protection laws
• Excellent leadership and management skills, with the ability to inspire and motivate a team to achieve results
• Demonstrated experience in developing and implementing compliance programs and frameworks
• Strong analytical and problem-solving skills, with the ability to identify and mitigate compliance risks effectively
• Exceptional communication and interpersonal skills, with the ability to interact effectively with internal and external stakeholders at all levels
• Knowledge of card schemes rules and procedures
• Self-motivated, innovative and a self-starter

We offer:

• Exciting job in a premium professional environment
• 25 days annual paid leave
• Work in a growing team with excellent perspective for professional development
• Opportunity to stay current with technologies and advancements in the field of the digital payments industry
• Great office location in Sofia