We're looking to welcome to our team a Compliance Manager/Money Laundering Reporting Officer (MLRO) who will be an integral part of our European Compliance Team. You will be working on the compliance programme of our largest European regulated entity which provides the regulatory framework for our Italian Branch and also a large part of our European business. This role is essential to SumUps success in Italy and across the EU.
You will report directly to the Head of Compliance Ireland, work closely with stakeholders across all of the SumUp organisation and collaborate with other Governance Risk and Compliance teams such as Operational Risk, Internal Audit, Money-Laundering Officers, and more!
To be successful in this role, you should be someone who is looking for professional growth - our product portfolio is constantly evolving, and someone who is flexible and able to adapt to changing priorities.
What you’ll do
- Identify relevant Italian and EU regulations applicable to SumUp, and monitor the Italian/EU regulatory landscape to identify applicable regulatory change.
- Conduct gap analysis on regulatory guidelines to ensure on-going compliance with the Italian regulator Banca d’Italia and other regulatory requirements across the EU.
- Provide subject matter expertise advice and guidance to the tribes, in respect of Italian/EU requirements and on our regulatory expectations
- Maintain compliance policies and procedures; annual revision and governance of mandatory policies such as Safeguarding of client funds, Complaints handling, Conduct of Business etc. to ensure Compliance with local Italian regulatory requirements.
- Provide support with respect to the management of the regulatory relationship with the Italian regulator Banca d’Italia.
- Engage with other Governance, Risk and Compliance colleagues to understand and provide guidance on new features and product launches across Italy and the EU
- Prepare internal (board and committee) reporting and support with preparation and submission of external (regulatory) reporting with a focus on the Italian regulatory landscape.
You will be great for this role if:
- You have 5+ years of experience with compliance/AML in fintechs and / or payments firms.
- You have a deep knowledge of local Italian regulatory requirements, PDS2, EMRs and Conduct of Business rules (Payments Services Directive 2 & E-money regulations) and local Italian Conduct of Business rules.
- You have experience with risk or compliance monitoring frameworks.
- You have experience managing relationships with a variety of stakeholders from different levels and act as a trusted partner.
- You have experience engaging directly with the Italian regulator Banca d’Italia and other financial regulators.
Why you should join SumUp
- We are a true global tech company with over 3000+ people from 93 nationalities, spread across 22 offices in Europe, LatAm and the US.
- Competitive salary and benefits package commensurate with experience
- Virtual Stock Options Programme
- Opportunity to drive business growth and build a market-disrupting channel in a dynamic and fast-growing fintech company
- You’ll receive a budget for your individual development, attending conferences and external training
- You will have access to the SumUp Sabbatical, our Employee Referral and Employee assistance programme for mental health
- Be part of a company that is transforming the payment landscape for small businesses and reshaping the market
Please, submit your CV in English.
About SumUp:
We believe in the everyday hero. Small business owners are at the heart of all we do, so we're creating tools that help them run their businesses. With a founder’s mentality and a 'team-first' attitude, our diverse teams across Europe, South America, and the United States work together to ensure that the small business owners we partner with can be successful doing what they love.
SumUp is an Equal Employment Opportunity employer that proudly pursues and hires a diverse workforce. SumUp does not make hiring or employment decisions on the basis of race, colour, religion or religious belief, ethnic or national origin, nationality, sex, gender, gender identity, sexual orientation, disability, age or any other basis protected by applicable laws or prohibited by company policy. SumUp also strives for a healthy and safe workplace and strictly prohibits harassment of any kind.
SumUp will not accept unsolicited resumes from any source other than directly from a candidate.
Job Application Tip
We recognise that candidates feel they need to meet 100% of the job criteria in order to apply for a job. Please note that this is only a guide. If you don’t tick every box, it’s ok too because it means you have room to learn and develop your career at SumUp.