Senior Compliance Analyst

Senior Compliance Analyst

Amsterdam, Netherlands

• Are you curious, excited by experimentation and always looking for a better way of doing things?  
• Do you want to keep learning and developing whilst getting hands-on, payment-building experience?
• Do you want to play an important role in one of Europe’s fastest-growing fintech companies? 

If so, we would love to hear from you!

We are looking to hire a high-energy, and value-adding talented compliance analyst to join Modulr, the fastest growing payments business in the UK and Europe.

About Us

At Modulr, we envision a world where all businesses are powered by embedded payments. We enable businesses, from SMEs to enterprises, across the UK and Europe to efficiently make payments, collect funds, and disburse money instantly through a range of payment schemes, accounts, and card products. Our industry-leading API platform provides comprehensive online tools to meet the demands of daily business payments. We’ve partnered with leading accounting and payroll platforms, including Sage, Xero, BrightPay, and IRIS. This expertise and product capability allow us to craft tailored solutions to solve complex payment challenges for hundreds of clients in industries such as Travel, Merchant Payments, Lending, Wage Advance, and Investment & Wealth.

Deeply integrated into the payment ecosystem, we are direct participants of Faster Payments and Bacs in the UK and hold settlement accounts at the Bank of England. Our payment network includes CHAPS, Open Banking, SEPA, SWIFT, and account issuance in 11 currencies. Additionally, we are principal issuing members of Visa and Mastercard in the UK and Europe. 

As an Authorised Electronic Money Institution (AEMI), we are regulated by the Financial Conduct Authority in the UK and De Nederlandsche Bank in the Netherlands. Founded by industry experts with extensive experience in payments and scaling successful businesses, Modulr is backed by venture arms of PayPal, FIS, and other growth investors. Today, we have over 400 employees across offices in London, Edinburgh, Amsterdam, and Mumbai. 

 

Our values

• Building the extraordinary – Always going the extra mile. 

• Owning the opportunity – Be passionate about your work. 

• Move at pace – Achieve goals quickly, while being supported in your career growth. 

• Achieve it together – Collaboration is key to our success. 

 

The Role

We are looking for a Senior Compliance Analyst to join our Second Line Risk and Compliance Function in Europe.  They will contribute to ensuring effective compliance management across Modulr’s European entity, working closely with our UK business to share and drive best practices. The role will deal with the following: horizon scanning, regulatory change management, regulatory reporting, performing compliance assessments. The position will report into the Head of Risk and Compliance Europe based in Amsterdam.

Modulr has a strong team with extensive experience in payments, so you will have a chance to learn from some experts with a real passion for developing the business.   

Specific duties

• Help to manage the day-to-day operation of our compliance processes, providing guidance and support to first line teams across the business, and identifying opportunities for improvement.   
• Support first line teams in the identification, assessment, and treatment of compliance risks. 
• As part of the second line risk and compliance team, engagement with regulators is also expected.
• Scan for regulatory changes and assess the impact it has on Modulr. Setup regulatory change management projects in line with regulatory horizon monitoring. 
• Monitor  improvements and escalate when needed.  
• Champion a strong compliance culture, influencing people across the business to ensure compliance by design.     
• Provide high quality, informative and timely management information.  
• Contribute to the wider Second Line Risk and Compliance Team activities as required, such as; ad hoc analysis; input to RFIs/RFPs; and supporting team development.

 

About you:

The Ideal Candidate

• You will need to have worked in a similar role within a fast-paced financial institution or consultancy environment and be familiar with the role of a second line compliance analyst or at
• It would be great if you have exposure to Payments and FinTech but not essential.
• Great engagement and influencing skills, recognising the importance of developing strong relationsh