EU Compliance Director, Tipalti
Global payments, AP, and procurement automation platform
Open for applications
Global payments, AP, and procurement automation platform
1001+ employees
Open for applications
1001+ employees
Company mission
To liberate and elevate finance teams so they can make true strategic impact, by automating and optimizing global finance operations while eliminating risk.
Role
Who you are
- A minimum of 5 years of experience in a financial services firm, related e-money or payment institution firm with proven experience
- Experience with working with the Dutch Central Bank
- 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
What the job involves
- We are looking for an EU Regulatory Compliance Manager 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
- The EU Regulatory Compliance Manager 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 Regulatory Compliance Manager will independently lead regulatory-driven projects within the business, from reading and interpreting the regulations until full execution of the project/s
- 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
- 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
Otta's take
Sam Franklin
CEO of Otta
Digital finance innovations across the last decade have dramatically changed how financial operations are conducted, with businesses managing their payables workloads digitally. Despite such innovations, such workflows are still conducted manually, leading to time-consuming, repetitive, and inefficient workflows.
Tipalti provides a global payments, accounts payable, and purchase order automation platform, offering tools for each area to reduce manual workflows and optimize operations. The platform’s functionalities are designed to be flexible for the scaling of growing businesses, helping to optimize financial visibility, efficiency, and control without the need for business infrastructure changes.
Whilst individual platforms exist for global payments, accounts payable, and purchase order management, Tipalti has recognized that businesses do not want to juggle fragmented software solutions inefficiently. The company aims to free up financial departments’ time without compromising their software stack and workflows through its end-to-end payment automation solutions. This pitch appears to be successful, with annual 2022 reports announcing that transactions through Tipalti skyrocketed by 50% that year.
Insights
Some candidates hear
back within 2 weeks
-3% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
May 2023
$150m
GROWTH EQUITY VC
Dec 2021
$270m
SERIES F
Total funding: $766m
Company benefits
- A thriving team and business
- Career-building opportunities
- Politics-free culture
- Focused on success
- Great benefits
Company values
- Dedication to Customer Success
- Get Shit Done (GSD)
- Commitment to Excellence
Company HQ
Town Center, Foster City, CA
Salary benchmarks
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