VP Risk & Compliance

Token.io is the leading account to account (A2A) payment provider in the UK and the EU. Leveraging open banking, Token has built a payments network for "pay by bank" in twenty countries across Europe. Token uses an indirect strategy and provides infrastructure to launch A2A payments for the worlds largest payment companies. Customers of Token include Mastercard, HSBC, BNPP, Global Payments, Fiserv, Square, ACI, Paysafe, Nuvei, etc. The VP R&C manages the Security, Risk & Compliance team who provide advice to the business on risk and payments compliance issues. Reporting into the COO, this role is responsible at a Group level for the implementation and maintenance of regulatory frameworks.Scope of the role includes overseeing the following functions:● Regulatory Operations - designing customer & merchant KYB onboarding processes to both enable yet protect the business● Regulatory Compliance - monitoring, researching, and ensuring adherence to all payment regulations and AML requirements● Responsible for risk and compliance policies across the Group according to each entity in the group● Enterprise Risk Management -responsible for the development and ongoing maintenance of an enterprise-wide risk strategy that accommodates the operational, legal, market, credit, regulatory, and technology risks of the business● Information Security - ensuring ongoing compliance with GDPR, ISO27001, and PCI/DSSKey ResponsibilitiesManagement and implementation of Token payments risk and governance strategy for both the UK (FCA) and EU (BaFin) regulated businessesManagement and implementation of Token’s customer & merchant onboarding processes and toolsImplementing a comprehensive regulatory compliance function including managing the three lines of defence and ensuring mitigation plans are on trackResponsible for managing company enterprise risk registers - implementing and ensuring effective controls are in placeDeveloping and implementing regulatory training programmesKeep up to date with regulatory changes and liaise with the FCA and BaFin as requiredSupport compliance programmes across the Token GroupExperience and QualificationsMinimum 5 years experience in the risk & compliance function at a payments businessExperience overseeing the risk & compliance teamKnowledge of both UK and German payments regulation, laws, and AML requirements including PSD2, the Payments Services Act (ZAG), money laundering regulations and other associated regulationsExcellent communication both written and verbalExceptional interpersonal skills, demonstrating professionalism in all dealingsAbility to work effectively on a cross functional basis - ensuring compliance is considered within each function and compliance deliverables are obtained from other departments as necessaryAbility to manage assigned tasks in an assertive, efficient and timely mannerProven ability to deal with confidential matters and with discretionTeam playerExcellent attention to detailOpen to allToken.io is building an open future for everyone. We don’t just accept different points of view, lived experiences and new ways of thinking — we search them out. They help us make better products, better decisions, and a better place for everyone to work. So, come as you are. We acknowledge and embrace different backgrounds, identities and abilities. Respect is our default, and empathy is our baseline. No one succeeds until we all do.