What is our mission?:
Orbital is on an exciting mission to revolutionise global cross-border payments by innovatively combining traditional fiat banking rails with stablecoins over blockchain rails for a variety of use cases. Our class leading B2B payments platform offers multi-currency e-money accounts (corporate IBANs) combined with a suite of digital assets services. Our company sits at the frontier of payments & fintech, by intersecting blockchain and traditional (fiat) financial services, and is leading the way to bridging those two worlds for corporate enterprises globally.
We believe blockchain technology is firmly here to stay, and we want to be the first to bring a combined offering of fiat & crypto payment services under one exciting platform. Learn more about our team and company story here .
What is the purpose of this role in the delivery of our mission?
The Management Board Member & Finance Lead sits on the Management Board (juhatus) of Pay Perform AS, Orbital’s Estonian entity, as it seeks authorisation from the Estonian Financial Supervision Authority (EFSA) as a crypto-asset service provider under MiCA and as an e-money institution. Together with the other Management Board members, you will share collective responsibility under Estonian law for the direction, governance and control of the company, and you will be responsible for the finance function in Estonia.
Pay Perform AS draws on Orbital’s group functions, such as Finance Operations, Customer Operations, Products & Technology and Compliance, through intra-group service agreements. A central part of this role is making sure those outsourced services, and any other services provided by third parties, meet the standards the company needs. You will assess their performance against agreed service levels and KPIs, act where they fall short, and report on them to the Management Board and Supervisory Board.
This is a hands-on role. You will lead regulatory finance, statutory reporting and tax obligations for Pay Perform AS, working closely with the group finance team.
What are the key responsibilities / activities of the role?
Management Board Accountabilities
Serve as a Management Board member (juhatuse liige) of Pay Perform AS, with collective responsibility under the Estonian Commercial Code and applicable MiCA, e-money and DORA requirements for the lawful, prudent and compliant running of the company.
Take part in Management Board meetings in Estonia and in collective decisions on strategy, budget, risk appetite, policies and operational resilience, in addition to finance.
Hold a designated area of responsibility on the Management Board, matched to your expertise. The competences covering one or more of these areas would be preferred: Finance Operations; Customer Operations, including Customer Support; partnerships/outsourcing.
Act as the Management Board’s lead voice on those areas: set expectations, review performance and risk, and escalate issues to the Management Board and Supervisory Board.
Prepare and present regular reports to the Supervisory Board, and represent Pay Perform AS to the EFSA, auditors and other external stakeholders within your areas of responsibility.
Uphold fit and proper standards on an ongoing basis, as required by the EFSA and the Estonian Commercial Code.
Oversight of Outsourced & Intra-Group Services
Oversee the performance of all services outsourced by Pay Perform AS, including those provided by other Orbital group companies, so that the company keeps full responsibility for and control over them.
Own the service levels and KPIs for each outsourced service, monitor performance against them, and carry out your own analysis rather than relying only on reports prepared by the provider.
Report outsourcing performance to the Management Board and Supervisory Board on a regular basis, with clear commentary on trends, breaches and remediation.
Raise and follow through on service failures with providers’ management, and recommend changes…