Director of Product, AML & Fraud Prevention

Vinted; Amsterdam; On-site; EUR 106,000 - 144,000; Full time

Benefits offered by this job

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25 days leave

MacBook

EAP for you and family

Team-building events

Home office budget €540

Lunch benefit

Bike leasing

Flexible benefits budget

WFA allowance

Shopping budget

Pension plan

Public transport card

Dog-friendly office

Job summary

Vinted Pay is establishing a new AML & Fraud Prevention product domain. You will lead the vision, set goals, hire, and execute a mature product strategy across AML/CTF, KYC, sanctions screening and fraud monitoring.

You’ll report to the Engineering/Product/Design/Analytics leader at Vinted Pay and collaborate with Compliance, Legal, Risk, and Analytics to scale a high-performing team of Product Managers.

Qualifications

• 7+ years in product management in AML/financial crime
• 4+ years leading teams of product managers
• Deep AML/KYC knowledge and compliance expertise
• Hands-on fraud prevention and risk scoring experience
• Proven track record of launching multiple products with impact
• Excellent English communication and ownership

Responsibilities

• Drive the AML & Fraud Prevention domain with a unified vision.
• Own the product roadmap for AML/CTF, KYC, sanctions screening and fraud monitoring.
• Translate regulatory obligations into product requirements and advocate automated solutions.
• Lead and scale a team of Product Managers.
• Use data to size risk, identify opportunities and build capabilities.
• Make build-vs-buy decisions and collaborate with vendors on AML/Fraud solutions.
• Anticipate regulatory changes (EU AML, AMLA, PSD3/PSR) and plan accordingly.
• Collaborate with Compliance, Legal, Risk, Engineering and Analytics across Vinted Pay.

Skills

Product management

Team leadership

Regulated env

KYC/AML

Data-driven

Job description

Brief Info About Vinted

Our mission is to make second-hand the first choice, and we're looking for people who want to help us get there. Every day, we work together to help our members buy and sell pre-loved clothing and lifestyle items, giving each piece a second life - or even a third.

The Vinted Group is made up of three business units that support this mission:

Vinted Marketplace

Vinted Marketplace is Europe’s leading platform for second-hand fashion and a go-to destination for all kinds of pre-loved items, with a growing range of categories. Our platform connects millions of members across 20+ markets, helping great items find a new life.

Vinted Go

Vinted Go enhances the shipping experience with a vast network of over 500,000 pick-up and drop-off points, partnering with more than 60 carriers across Europe, with added services like item verification for peace of mind on high-value pieces.

Vinted Pay

Vinted Pay is the newest part of the Vinted Group, dedicated to bringing secure, reliable payments to buyers and sellers across Europe. Seamlessly integrated into the Vinted app, it helps keep every transaction safe, efficient, and easy for our members.

Founded in 2008 in Lithuania, Vinted began as a way for friends to find new homes for clothes they no longer needed. In 2019, we became Lithuania's first unicorn! Today, our headquarters remain in Vilnius, and we've grown with offices across Europe, supported by a team of over 2,000 people.

Information About The Position

At Vinted we are devoted to making second-hand the first choice worldwide. Vinted Pay is the regulated payments entity that makes it possible through enabling Vinted users to spend money, receive money, keep money and payout, while keeping them safe from financial crime.

We are establishing a new AML & Fraud Prevention product domain within Vinted Pay. As a regulated financial institution operating across Europe, our obligations grow as we grow: anti-money laundering and counter-terrorist financing controls, sanctions screening, KYC, transaction monitoring are protecting our members and our balance sheet from fraud and other illegal activities. Today these capabilities sit across several teams and tools. This domain will own them end to end, and turn financial crime prevention into a mature product: controls that satisfy regulators without adding friction for the honest majority.

This is a newly created domain. As its leader you will work with your functional peers (Engineering, Data, Design) to assess the status quo and construct the long-term vision. You will be responsible for setting domain goals, delivering on already identified opportunities, hiring, and executing the product vision.

You’ll report to the leader of Engineering/Product/Design/Analytics at Vinted Pay, and partner with Product Directors across Vinted Pay and the wider marketplace, as well as with our Compliance, Legal, Risk, Risk Operations, Engineering, Design and Analytics functions.

In this position, you’ll

• Drive and align the AML & Fraud Prevention domain on a single, unified vision, expressed through measurable objectives and key results
• Own the product roadmap across AML/CTF, sanctions and PEP screening, KYC, transaction monitoring and fraud prevention, build alignment across product teams, cross-functional partners and the leadership
• Partner with our MLRO, Compliance, Risk and Legal teams to translate regulatory obligations into product requirements and make the case for automated solutions where manual controls are in place
• Manage multiple competing objectives and provide clarity to the delivering organisation
• Use and analyse data to size risk, identify product opportunities, and build the right capabilities at the right time
• Own build-vs-buy decisions, then assess and collaborate with the vendors in building and maintaining AML/Fraud prevention solutions
• Get ahead of regulatory change: the EU AML package and AMLA, PSD3/PSR, evolving sanctions regimes, rather than reacting to it
• Build, mentor, lead and scale a team of Product Managers
• Implement best in class product development and managerial practices

About You

• 7+ years of experience in product management, with a substantial part of it in AML, financial crime, compliance, risk or fraud, ideally at a regulated financial institution, e-money institution, PSP, bank or fintech
• 4+ years of developing people and managing teams, including Product Managers
• Deep working knowledge of the AML domain: KYC and identity verification, customer risk scoring, sanctions and PEP screening, transaction monitoring and alert handling, SAR/STR reporting, and the regulatory frameworks behind them (EU AML directives and the AML package, national transpositions, FATF standards)
• Hands-on experience with fraud and scam prevention: detection models and rules engines, account takeover controls, chargebacks and disputes, and the trade-off between loss reduction and false positives
• A proven track record of successful product launches (at least two substantial projects with a 6-9 month minimum duration)
• Comfortable operating in a regulated environment: you have worked alongside compliance officers, internal and external auditors and supervisors, and you know how to move quickly without creating regulatory exposure
• Able to deliver from 0 to 1, and not afraid to build your own tools to achieve your goals
• Exceptional leadership skills and substantial experience building high-performing teams of 10+, ideally not only in product (and we’d expect your former teams to still be singing your praises!)
• Significantly above-average business acumen, analytical skills and long-term planning skills
• Both quantitative and qualitative: able to assess and understand complex systems quickly, to integrate usability studies, research and market analysis into product requirements, and to be a product ambassador to the rest of the organisation
• Well organised, with a collaborative attitude and a strong sense of ownership
• An excellent communicator, including in written and spoken English

Work perks

• The opportunity to benefit from our share options programme
• 25 days of paid annual leave
• Newest MacBook models
• Confidential Employee Assistance Program (EAP) for you and your family
• Frequent team-building events
• Home office support: we provide IT workstation equipment and a personal budget of up to €540 for home workplace furniture
• Lunch benefit per working day
• Company bike leasing scheme
• Monthly budget for a flexible benefits platform
• Work from Home allowance
• A personal monthly budget for shopping on Vinted
• Collective Defined Contribution Pension plan
• NS Business Card for your commute to the office by public transport
• A dog-friendly office

Working at Vinted

Workation policy

Better balance holidays with workdays by working remotely! Up to 90 days per year in the EU, of these, 21 days can be spent globally. For non-EU citizens, it's 21 days worldwide. This can be combined with time off for vacation or personal time.

Individual learning budget

Each year, you’ll be given a learning budget (starting at €3,000), and a total of up to 10 working days over a 2-year period to support your personal and professional development.

Hybrid work

Our hybrid model, with 2 recommended office days a week, gives you and your team the flexibility to decide if and when you want to work from home, and when to catch up in person.

Equal opportunity

We welcome applications from everybody, regardless of your background, identity, or life experiences. Job openings come with guides, not checklists. If you’re excited about a role, but don’t identify with every point in the ‘About you’ section, apply anyway - you might still be the perfect match!

The annual gross salary range for this position excluding 8% holiday pay is:

€106.300-€143.800 EUR