TransferGo is a growing fintech scale-up on a mission to champion financial freedom with care. We strive to provide tailored, more affordable financial services that make people's hard-earned money go further. Now in our 14th 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.
About the role
We're looking for a Head of Regulatory Compliance to lead TransferGo's Group-wide Regulatory Compliance function. You'll be the appointed Compliance Officer and Outsourcing Officer of TransferGo Lithuania UAB, the main point of contact with the Bank of Lithuania. You’ll lead the regulatory compliance teams for both TransferGo Lithuania UAB and TransferGo Limited in the UK.
You'll functionally report to the Management Board and Supervisory Board, and administratively report to the Group Chief Compliance Officer.
What you’ll be doing
Leading the Group-wide Regulatory Compliance function, including the regulatory compliance teams for both TransferGo Lithuania UAB and TransferGo Limited in the UK
Acting as Compliance Officer and Outsourcing Officer of TransferGo Lithuania UAB, including governance of outsourcing arrangements and the outsourcing register
Ensuring compliance with applicable laws, regulations, the Articles of Association and internal policies
Acting as the main point of contact with the Bank of Lithuania and other regulators
Owning global regulatory reporting and ensuring returns are accurate and on time
Leading licensing and authorisation, regulatory inspections and remediation projects
Running the compliance programme, annual risk assessment, compliance plan and monitoring
Identifying breaches and incidents and notifying regulators within deadlines
Carrying out fit and proper assessments and managing governance-related regulatory submissions
Monitoring regulatory change and assessing its impact on the business
Reporting to the Management Board and Supervisory Board at least quarterly
Advising and training business units, including compliance assessments on new products
Here's what we'd love from you
A university degree, ideally in Law, Economics, Banking, Business Administration, Finance or a similar field
At least 5 years in a similar position, including leading a compliance team
Strong governance experience working with senior management and boards
Extensive knowledge of Lithuanian, EU and UK financial services regulation, including Payment Services and Electronic Money, Conduct of Business, Fit and Proper, Safeguarding, Outsourcing and third-party risk, Regulatory Reporting, Customer Complaints, and Internal Controls and Governance
Regulatory licensing and authorisation experience, including handling regulator inquiries, examinations and inspections
Experience owning regulatory reporting
Experience governing outsourcing and third-party arrangements: pre-contractual assessments, outsourcing registers, ongoing monitoring and regulator notifications
Exceptional written and spoken Lithuanian and English, with the ability to explain complex compliance topics clearly
An impeccable reputation, no criminal convictions and nothing that would prevent you from holding the Compliance Officer and Outsourcing Officer key function positions at a financial institution
And if you can also do this stuff, even better
Previous experience at a high-growth fintech or a regulated payments or e-money firm
Hands-on experience with the FCA and UK regulatory regimes
Familiarity with regulatory obligations across multiple EU jurisdictions
Working knowledge of adjacent areas such as AML/CTF, GDPR and DORA
Strong problem-solving and analytical skills, with attention to detail
A proactive,…