Regulatory Compliance, Analyst (Outsourcing Focus)

Job Description

In this role you will be primarily responsible for supporting the Regulatory Compliance function with implementation and ongoing monitoring of compliance controls associated with the regulatory compliance obligations of Currency cloud Netherlands, with a strong focus on Outsourcing obligations.

Key responsibilities will be:

• Assit in identifying, monitoring and actioning mitigation if required on regulatory risk matters to ensure compliance with local and international standards. 
• Support the Regulatory Function in ensuring compliance with a broad range of obligations to include but not limited to safeguarding, regulatory incident management and general regulatory engagement across Netherlands and Europe.
• Be the subject matter expert for outsourcing for Currencycloud Netherlands ensuring that all required regulatory steps are taken prior to any outsourcing becoming operationalised.
• Support the regulatory function in advising the business on all aspects of regulatory compliance with domestic and European and international outsourcing obligations from a regulatory lens.
• Ensure that the business maintains its robust compliance oversight program of its outsourcing arrangements.
• Support in advising the business on ongoing basis of any future opportunities to improve, build upon and develop its regulatory program including its outsourcing controls and framework.
• Prepare and submit regulatory filings and reports, ensuring accuracy and timeliness. 
• Foster a culture of compliance within the organization, promoting awareness and adherence to regulatory requirements. 
• Support the regulatory function in any adhoc tasks, projects and workflows as they arise and are prioritised for the business.

This is a hybrid position. Expectation of days in the office will be confirmed by your Hiring Manager. 

Qualifications

• Experience in regulatory compliance, ideally within the electronic money and payments industry.
• Bachelor’s degree in law is advantageous.
• Regulatory compliance experience with a Financial Services or cross border payments institution.
• A good understanding of core pillars of effective regulatory compliance programs
• Recognized compliance qualification (ICA or similar) and/or educated to relevant degree level.
• Basic working knowledge and understanding of regulatory landscape and regulations such as: Payment Services Directive, Safeguarding, EBA rules on Outsourcing.
• A strong team player with a positive attitude, who has attention to detail and shows initiative.
• Able to take a flexible and agile approach and respond to changing priorities. A clear communicator, with a high standard of written English.
• Experience in incident management, compliance monitoring , outsourcing reviews (not essential).
• Adept at working independently and multi-tasking.
• Demonstrated ability to identify, monitor, mitigate, and report on regulatory risk matters.
• Operational working knowledge of the EBA Outsourcing regulations.
• Experience working with cross-functional and jurisdictional teams, including product, technology, operations, and sales, on regulatory compliance matters preferred.
• Strong presentation creation skills, with experience contributing towards forum presentations that are viewed within senior governance forums such as Risk Committees.
• Dutch speaker preferred.

Additional Information

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.