Compliance and Fraud Lead

CASH by Batopin; Brussel Hoofdstad; Hybrid; EUR 120,000 - 180,000; Full time

Benefits offered by this job

Company car

Fuel card

Group insurance

Hospitalisation insurance

Meal vouchers

Eco-vouchers

Bonus scheme

Hybrid/remote working

Job summary

CASH by Batopin is building an independent ATM-network in Belgium and seeks a Compliance and Fraud Lead. You will implement and monitor compliance programs, act as Data Protection Officer, and coordinate with regulators to uphold PSD2, GDPR and AML/CFT standards.

The role includes leading fraud prevention, detection, investigation and reporting activities. You will develop policies, oversee audits, train staff, and drive a culture of compliance while reporting to senior leadership.

Qualifications

• Master’s degree in a relevant field (Law, Economics, Finance).
• Strong knowledge of financial services regulations and payment industry guidelines (PSD2, GDPR, AML/CFT).
• Experience in developing and implementing compliance programs and controls.
• Fluency in Dutch and French with good English.

Responsibilities

• Lead regulatory compliance efforts, outlining and maintaining compliance programs and reporting to management and the board.
• Act as Data Protection Officer and primary contact for regulators; maintain relationships with regulatory bodies.

Skills

Regulatory compliance

Fraud management

Risk assessment

Governance

GDPR

PSD2 knowledge

AML/CFT

Education

Master’s degree (Law, Economics, Finance)

Job description

We are building an independent ATM-network offering qualitative cash services to all individuals and merchants in Belgium. Our mission is to ensure access to cash in the long term, in a “less cash” society.

In order to support our expanding business, we are looking for a Compliance and Fraud Lead to join our team.

Your role

Our compliance officer mitigates the legal and regulatory risks by implementing effective compliance programs, policies, and procedures. You will be responsible for monitoring and assessing compliance with relevant requirements, providing guidance to ensure the institution operates in a compliant manner and reporting on our compliance posture towards management team and board of directors. You will also act as our data protection officer.

What will you do

Regulatory compliance

To prepare, outline, discuss, elaborate, follow up and adjust the various areas within compliancy with regards to the realisation of the corporate strategy.

• Staying updated on relevant laws, regulations, and guidelines governing Batopin
• Assessing the impact of regulatory changes, interpret requirements
• Advising management and relevant stakeholders on necessary actions to ensure compliance
• Preparing and submitting necessary compliance reports to regulatory authorities as required by law
• Developing and maintaining a comprehensive compliance program
• Creating policies, procedures, and controls to address regulatory requirements, prevent money laundering, fraud, and other financial crimes
• Primary point of contact for inquiries, requests for information, and examinations from regulatory bodies for compliance related matters
• Establishing and maintaining positive working relationships with relevant regulatory agencies

Monitoring compliance

Lead and coordinate compliance projects within the organization.

• Conducting regular risk assessments to identify compliance risks and vulnerabilities within Batopin
• Evaluating controls and implementing risk mitigation strategies to minimize potential regulatory violations and financial liabilities
• Conducting regular monitoring to assess the institution's compliance with regulations, policies, and procedures
• Reviewing processes, transactions, and records to identify gaps, potential risks, or violations
• Overseeing internal and external compliance audits and collaborating with auditors to ensure timely resolution of any identified issues.

Documentation and awareness

Foster a culture of compliance

• Developing and delivering training programs to educate employees on compliance policies, procedures, and regulatory requirements
• Raising awareness of potential risks and promoting ethical behaviour within the organization
• Maintaining accurate records and documentation related to compliance activities, monitoring, and corrective actions taken
• Ensuring that documentation is easily accessible for audits and regulatory examinations
• Present clear status and steering on compliance posture towards management team and board of directors

To lead Batopin’s fraud function and ensure effective prevention, detection, investigation, documentation and reporting of internal and external fraud risks.

• Developing and maintaining a comprehensive fraud management program
• Managing and coaching the Fraud Officers and setting priorities for fraud prevention, detection, monitoring, investigation and reporting activities;
• Overseeing the assessment of suspicious activities, fraud patterns, transaction anomalies and control weaknesses;
• Acting as Fraud Investigation Manager by planning investigation activities, coordinating internal Fraud Officers and external private investigators, managing investigation timelines and budgets, documenting investigation progress and maintaining investigation files and evidence

What do we expect

• a Master's degree (Law, Economics, Finance)
• at least 7 years relevant experience
• in-depth knowledge of relevant financial services regulations and payment industry guidelines (e.g., PSD2, GDPR, AML/CFT regulations).
• strong understanding of compliance frameworks and best practices.
• experience in developing and implementing compliance programs and controls.
• familiarity with risk assessment methodologies and risk management practices.
• fluent in Dutch and French with a good knowledge of English.
• this position is subject to a suitability assessment by the National Bank of Belgium (Fit and Proper).

What do we offer

• A high-impact role at the heart of our mission with direct exposure to the C-suite and board-level topics.
• A dynamic environment with meaningful responsibility, autonomy, and room for growth.
• The comprehensive remuneration package includes amongst other things a company car and fuel card, group and hospitalisation insurance, meal vouchers, eco-vouchers and a bonus scheme.
• Flexible working is part of our culture: you can work from home and from our offices near Brussels North Station. We operate a hybrid working model with two mandatory office days per week