Chief Compliance Officer
Vivid offers an all-in-one financial platform for both businesses and individuals, combining banking services with investment opportunities. It provides business accounts with features like high-interest rates, cashback, invoicing, and payment solutions, targeting freelancers, startups, and companies. It also offers personal accounts with options to invest in stocks, ETFs, and crypto.
About Vivid
Vivid offers a range of financial services for both personal and business use. For businesses, it provides accounts, interest accounts, international transfers, cards, cashback, payment solutions, invoicing, bookkeeping, integrations, and business travel services. It also features a Crypto Earn account. For personal users, Vivid offers accounts, payments, cards, investment options in stocks, ETFs, and crypto, as well as rewards, interest rates, and various pricing plans like Prime. The company operates through several entities: Vivid Money S.A. in Luxembourg, authorized as an electronic money institution; Vivid Money B.V. in the Netherlands, licensed as an Investment Firm and Crypto Asset Service Provider; Vivid Digital S.r.l. in Italy, a registered Virtual Asset Service Provider; and Vivid Money GmbH in Germany. These entities provide specific services like payment services, investment and crypto services, and digital asset services to customers in various jurisdictions.
Skills
About the Role
As the Chief Compliance Officer, you will play a crucial role in building and expanding a solid, state-of-the-art digital financial services operation. You will oversee the end-to-end compliance of the Luxembourg regulated legal entity, its branches, and support compliance efforts for other regulated Vivid entities, working closely with various product teams and senior management.
Requirements
- At least 7 years of experience with a preference for demonstrated exposure in SME and retail payments
- Extensive experience in a compliance environment with a good understanding of the compliance issues impacting an EMI firm and payment processes
- Significant relevant experience at a regulated financial institution, with first-hand knowledge of CSSF regulatory framework, and deep practical knowledge of the AML domain
- Strong leadership skills, including the ability to manage risk and control activities in complex financial operations environments
- Alignment to company values
- Strong attention to detail
- Excellent written and spoken English skills, native knowledge of a second European language is welcomed
- Based in Luxembourg or willing to relocate
Responsibilities
- Help oversee and maintain the compliance framework on individual entity- and group level, including strategy, policies and governance arrangements approved by the Board
- Assist the Boards of Directors and Senior Management to create a culture of informed risk-taking through training, communication and promotion of the agreed risk and compliance framework
- Run a comprehensive compliance monitoring program across all relevant risks
- Oversee all outsourced (critical) functions from a 2nd line of defense perspective
- Interact with regulators on an ongoing basis as needed
- Keep up to date with EU regulatory developments
- Maintain ongoing dual reporting to and close cooperation with the Chief Risk Officer
Benefits
- Hybrid work model in Luxembourg office
- Learning & development budget
- Fully paid vacation and sick leave
- Sports compensation
- Employee Stock Option Program