Head of Compliance

TransferGo is a growing fintech scale-up on a mission to make the world a fairer place for migrants. We strive to provide tailored, more affordable financial services that make people's hard-earned money go further. Now in our 13th year, with close to 400 employees in offices across Europe and the UK, we’re crafting a brilliant, relevant product that makes a difference in people's lives and the well-being of their families. 

We’ve come this far by building a talented, diverse workforce on a fair culture and our strong values. Having this strong team of employees, we can serve those who really need our product to make their lives better. 

Join us on our journey as a Head of Compliance to play a pivotal role in shaping how money is sent worldwide. You will work in a team of bright-minded individuals looking after regulatory compliance, licensing and supervision, internal policy oversight, and governance frameworks. If you want to significantly impact the fintech industry, drive regulatory excellence, and collaborate with a team of forward-thinkers, we would love to have you on board.

Here’s what you’ll be doing as Head of Compliance:

• Ensuring the company adheres to applicable laws, regulations, internal policies, and Articles of Association
• Building and maintaining the compliance programme and framework, including policies and plans that ensure protection and integrity of regulatory licences
• Acting as the main point of contact with regulatory authorities and overseeing the Regulatory reporting function  in the ongoing regulatory communication, reporting and requests
• Providing regular reports and updates to the Board and Chief Executive Officer, including insights on regulatory developments and internal compliance activities
• Developing and implementing compliance monitoring plans in line with risk-based approaches
• Leading regulatory licencing and authorisation efforts
• Monitoring changes in legislation and industry regulations, assessing their potential impact on business operations and recommending proactive steps
• Successfully leading regulatory exams and remediation projects
• Providing expert advice, guidance and training to business units to support their understanding and application of relevant laws and regulatory obligations
• Oversee regulatory reporting ensuring compliance with various rules and regulations set by the respective regulatory bodies
• Identifying gaps in processes and overseeing effective remediation measures
• Overseeing strong board and senior management governance in relation to compliance obligations
• Representing the company before relevant state authorities, including the Bank of Lithuania
• Collaborating with teams to ensure consistent and compliant information handling across the organisation

You’ll report to our Management Board and administratively to the Chief Executive Officer.

Here’s what we’d love from our new Head of Compliance:

• At least 5 years of experience in a senior compliance role within financial services or fintech
• A degree in Law
• Extensive knowledge of local and EU regulations, directives and guidelines governing the financial services sector including but not limited to AML/CTF, Payment Services, Conduct of Business, Fit and Proper, Safeguarding, GDPR and DORA
• Regulatory licensing and authorisation experience
• Proven ability to manage relationships with regulators and lead regulatory inspections
• Strong governance experience with senior management and board interaction
• Exceptional communication skills in Lithuanian and English, both written and verbal
• A track record of designing and implementing successful compliance programmes and frameworks
• Demonstrated experience delivering impactful compliance training across teams
• Experience in monitoring regulatory change and evaluating compliance risks
  
  

And if you can also do this stuff, even better:

• Previous experience in a high-growth fintech or regulated payments/e-money firm
• Familiarity with regulatory obligations across multiple EU jurisdictions
• Strong problem-solving and analytical skills with attention to detail
• Proactive and collaborative mindset, capable of balancing compliance needs with commercial objectives

What we believe

At TransferGo, we offer competitive rewards to all people. We know that recognition is about more than just money, and we’ve fostered a culture of kudos to shine a light on the great work throughout the business, and the people making it all happen. We hold regular in person events to connect with each other and help all our TransferNauts to grow with a generous training allowance. We believe that empowering people makes for a happier and more effective workforce. This means we enable anyone who wants to pursue initiatives that deliver real value for our migrant customers. 

What We Offer:

• Competitive Salary: Starting from €5,800 - €8,300 (gross) per month, depending on experience.
• Comprehensive Benefits: Including a generous holiday allowance, competitive healthcare insurance, and a wellbeing package from day one.
• Annual Development Budget: €1,000 to invest in your personal and professional growth.
• Hybrid Working Environment: Flexibility to work from home and in the office, with most team members in the office two days a week.
• Pet-Friendly Office: If you’re near one of our offices, bring your furry friend along!
• Inclusive Culture: Regular in-person events, fostering a strong sense of community and collaboration.
• Empowerment and Ownership: We believe in empowering our people to take initiative and drive meaningful change.

At TransferGo, we are committed to the equal treatment of all current and prospective employees. We will not tolerate discrimination on the basis of age, disability, sex, sexual orientation, pregnancy and maternity, race or ethnicity, religion or belief, gender identity,  marriage, civil partnership or any other protected category. We are proud of our diverse and inclusive culture and we strongly encourage suitably qualified applicants from a wide range of backgrounds to apply and join TransferGo. We look forward to meeting you!

Please note that all data collected will be handled in accordance with our candidates privacy policy (https://www.transfergo.com/privacy-policy/overview) and will only be used for the purpose of evaluating your candidacy. The data will be securely stored and deleted according to retention timeframe set in the candidates privacy policy. If you have any questions or concerns regarding this, please feel free to reach out by replying or via dpo@transfergo.com