Mangopay’s mission is to power the payment infrastructure and payment operations of the world's biggest and most exciting marketplaces & platforms.
We empower all marketplaces and platforms by providing them with powerful and flexible payment and regulatory solutions. Since 2013, we have accelerated the success of some of the biggest names in e-commerce, retail, and cutting-edge platforms like Vinted, Rakuten, Chrono24, La Redoute, Wallapop and 2,500 + more.
Our team of over 400 talents is spread across Europe, with main offices in Paris and Luxembourg. Marketplaces and fintechs are thriving and we are looking for outstanding profiles to tackle some of the most ambitious challenges in our field and contribute to our robust growth. We are proud of our diversity and are committed to employee well-being, inclusion and equal opportunity. Working at Mangopay means joining a dynamic, flexible and fast-growing organization.
In 2022, we raised €75 Million with Advent International, one of the most experienced private equity investors, to scale our vision globally. It’s time to join the adventure !
Job Description
To support the continuous growth of Mangopay UK, we are recruiting a Financial Crime Lead for our Compliance Function. The successful candidate shall also serve as the Deputy Money Laundering Reporting Officer.The Financial Crime Lead shall be responsible for implementing Mangopay UK’s transaction monitoring and fraud prevention systems and controls.
The candidate shall be able to assess and understand the inherent risks of our business activities and implement the necessary actions, dedicated systems, and controls to effectively mitigate identified risks.
Acting as the Deputy Money Laundering Reporting Officer, the successful candidate will act as a subject matter expert on UK financial crime regulations, providing advisory and operational support to stakeholders across Mangopay UK to aid ongoing and new business activities.
As a member of the Mangopay UK’s Compliance Function, you will:
- Be the main point of contact for the matters concerning Financial Crime.
- Hold accountability for a team of 6 Financial Crime Analysts who sit in Luxembourg as part of Mangopay SA’s Compliance Function (who shall provide support on an outsourced basis towards Mangopay UK).
- Be comfortable assessing the financial crime risks of new and existing products.
- Be comfortable engaging stakeholders at all levels, providing constructive challenges and advice where appropriate.
- Assist in the drafting and updating of Mangopay UK’s policies and procedures.
- Own extensive knowledge to advise the business on the launch of new products, systems, and controls.
- Ensure ongoing compliance with relevant policies, processes, and regulatory requirements.
- Implement risk mitigation strategies to appropriately manage Mangopay’s growth.
- Deputies for the Money Laundering Reporting Officer as need be, interacting with Mangopay UK’s Board of Directors and other key stakeholders.
- Perform additional duties within the function as needed.
Qualifications:
- Excellent understanding of financial services and its regulations. Knowledge and experience applying the Payment Services Regulations and Electronic Money Regulations would be a strong asset.
- Previous experience of at least 5 years working in Compliance Functions at credit institutions, payment service providers or electronic money institutions.
- Strong background in implementing transaction monitoring frameworks within Risk Management and / or Financial Crime Departments.
- Proven experience supporting new product launches within the financial services industry
- Strong articulation skills, able to confidently manage key relationships with regulators, external auditors, and other stakeholders.
- Experience managing critical outsourcing arrangements within a Compliance Monitoring Programme.
- Independent, flexible, and proactive work style with effective problem-solving skills
- Excellent organisation and time management skills
- Eye for detail, being willing to learn and to continuously develop skills
- Able to work efficiently under pressure
- Team player with the ability to work independently
- Excellent communication skills (both verbal and written) in English. Additional language is considered an asset
- Bachelor’s Degree, Master’s or equivalent academic qualification is a plus.
Additional Information:
- HR Call
- Interview 1 - Head of Compliance, Mangopay U.K. Ltd
- Interview 2 – Head of Compliance, Mangopay S.A.
Only candidates already residing in the UK and/or with a valid UK work permit are eligible for this position.
Interested in this position? Apply without a second thought!
We care about equal employment opportunities, so all qualified applicants will receive equal consideration regardless of their race, colour, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, or disability status.