EU Compliance Director - Tipalti

We are looking for an EU Compliance Director to join our global Compliance Team and lead Tipalti’s Compliance framework in the EU. This position is responsible for ensuring that Tipalti complies on an ongoing basis and keeps abreast with all applicable laws and regulations for e-money institutions in the NL and EU. A strong knowledge of European regulators and regulations is required, as well as experience with AML and KYC requirements.

The EU Compliance Director will play a vital role in monitoring the day-to-day operations in the region and implementing appropriate controls in place to meet the applicable laws, the regulators guidelines and Tipalti’s standards. This person will be required to identify, assess and mitigate FinCrime risks that the business is exposed to. 

The EU Compliance Director will independently lead regulatory-driven projects within the business, from reading and interpreting the regulations until full execution of the project/s. Therefore, this hire will work closely with cross-functional teams, including sales, legal, operations, product and engineering, to integrate compliance into all aspects of our business processes.

We are looking for a person with a game-changing attitude, out-of-the box thinking and a desire to make a true impact on the organisation. The EU Compliance Director is required to possess a strong understanding of customers' mindsets and have experience scaling a business from the ground up.

Why join Tipalti?

Tipalti is one of the world’s fastest-growing fintech companies. We free finance professionals to lead by modernizing the entire payables operation. We are a well-funded, late-stage start-up backed by high-profile investors. Our 2021 Series F funding round raised $270 million, valuing us at over $8.3 billion. With total funding of just over $550 million, and with more than 3000 global customers, Tipalti is one of the most valuable private fintech companies in the world.

At Tipalti, we pride ourselves on our collaborative culture, the quality of our product and the capabilities of our people. Tipaltians are passionate about the work they do, and keen to get the job done. Tipalti offers competitive benefits, a flexible workplace, career coaching, and an environment where diverse individuals can thrive and make an impact. Our culture ensures everyone checks their egos at the door and stands ready to reach for success together. 

In this role, you will have responsibility to:

• Develop and implement a compliance framework ensuring that it is in line with relevant laws and regulations, including European regulators and regulations.
• Keeping abreast of changes in AML/CFT laws, regulations, and industry best practices, and ensuring that Tipalti's policies and controls are adjusted accordingly.
• Conduct risk assessments identifying and mitigating risks related to Anti-Money Laundering (AML), know your customer (KYC), and other compliance requirements.
• Develop and deliver training programs to ensure that all employees are aware of the compliance requirements and that they understand their responsibilities.
• Monitor compliance with relevant laws and regulations, including AML and KYC requirements, and report any issues or concerns to senior management.
• Review and update policies and procedures to ensure that they reflect changes in laws and regulations and industry best practices.
• Investigate and report suspicious activities to the relevant authorities, ensuring compliance with regulatory reporting requirements.
• Work with internal and external stakeholders to ensure that our compliance framework meets their needs while also mitigating risks.
• Possess a can do attitude and be able to dive in and get the job done when needed. 
• Provide advice to the business on a wide range of compliance matters.

About you 

• A minimum of 5 years of experience in a financial services firm, related e-money or payment institution firm
• Experience with working with the Dutch Central Bank, ideally being previously approved by the DNB
• Strong technical knowledge of EU compliance regulations and requirements, AML frameworks, risk and typologies
• Excellent relationship skills and ability to build strong working relationships with peers, colleagues and with remotely based teams and individuals at all levels of the organisation.
• Strong knowledge of the FinTech industry and its products
• A sense of urgency and aptitude for multi-tasking, quickly identifying issues and escalating to the appropriate level for resolution
• An ability to work in a fast-paced and dynamic environment and with distributed teams across different geographies & cultures;
• An Active CAMS certification is desired but not required.

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Last updated: 9 hours ago