Head of Group Compliance

  • Trustly
  • Stockholm, Sweden
  • Sep 06, 2018
Full time Compliance

Job Description

About Trustly:


At Trustly, we’re passionate about simplifying the way people pay and get paid online. We are at forefront of payments internationally. We are a licensed payment institution and our B2B products available in 29 European countries attract global merchants in segments such as e­-commerce, travel, financial services and gaming. In 2017, we processed 44% of our total payment volume since our founding in 2008, which is a testament to our fast growth, and today we process about 4 million monthly transactions.


We are a diverse and fast-growing team of 210+ people with our headquarters in Stockholm, Sweden, and regional offices in Spain, Malta, Germany and the UK. Together we are leading the development of the payments industry and the work you’ll do here will make a great impact.


About the Compliance team at Trustly:


The Compliance team is based in Stockholm and consists of two full-time employees. Together we work to establish Trustly as a professional and trustworthy partner in the payments industry. We focus on facilitating growth while not compromising on regulatory requirements. We support Trustly in its journey in various ways and work closely with the other teams in the organization.

About the role:

  • You will be responsible for driving Trustly’s compliance work on group level and also act as Money Laundering Reporting Officer (MLRO)
  • You will report to the company’s CEO and the Board
  • You will lead two people within the team and expand team further with the company’s growth

What you’ll do:

  • Develop the annual compliance work plan Identify and assess current and emerging compliance risks
  • Oversee, monitor and evaluate compliance initiatives and activities in the group
  • Train employees in compliance related topics, e.g. AML/CFTAct as MLRO and be responsible to for reporting to authorities
  • Reporting on relevant compliance topics to the CEO and the Board
  • Maintain internal procedures and processes, ensuring they are updated and relevant at all times
  • Actively collaborate with other teams such as AML & Merchant Risk team, Legal and Risk, in order to support the business and mitigate compliance risks
  • Advise on compliance and regulatory aspects of applicable laws and regulations impacting the business
  • Monitor regulatory legislation, trends and market developments

You are/have:

  • An academic degree, preferably in law
  • A solid working knowledge and experience of the payments regulations (PSD2) and understanding of the AML/CFT requirements (AMLD4)
  • Experience from regulated financial environment  
  • Strong communication and collaborative skills
  • Diligent with problem-solving skills
  • A team player with high integrity; you understand the importance of the responsibility and stand your ground
  • Proactive and accountable in all tasks
  • Fluent in both Swedish and English - German is considered a plus