Senior Compliance Manager & MLRO

Papaya Global; Amsterdam; On-site; EUR 110,000 - 180,000; Full time

Benefits offered by this job

Gym on-site or fitness budget

Leave and PTO policy (20 days)

Birthday benefit

Remote work allowance

Learning & Development budget

Work from abroad option

Job summary

Azimo B.V. seeks an experienced Senior Compliance Manager and MLRO to lead AML/CFT and sanctions compliance within a regulated payments environment.

You will oversee governance, regulatory risk assessments, and liaison with Dutch and European authorities, auditors, and boards, ensuring timely responses and remediation where needed.

Qualifications

• Requires 8+ years in Compliance, Financial Crime Compliance, Risk Management or Regulatory Affairs.
• Experience engaging with regulatory authorities, auditors, and inspections.
• Strong understanding of payment services, safeguarding, outsourcing, and related risks.

Responsibilities

• Act as MLRO and senior Compliance lead, overseeing AML/CFT and sanctions framework.
• Lead regulatory risk assessments, thematic reviews and regulatory gap analyses.
• Oversee regulatory submissions, governance processes, and remediation programs.
• Provide management reporting to senior stakeholders and regulators.

Skills

Regulatory compliance

Financial crime

Governance

Regulatory engagement

Regulatory reporting

English communications

Dutch language (advantageous)

Education

Bachelor’s degree (Law, Finance, Business Administration, Economics, Criminology)

Job description

• We are seeking an experienced compliance and financial crime professional to join Azimo B.V. as a Senior Compliance Manager and MLRO. The successful candidate will play a key role in maintaining and enhancing our regulatory compliance and financial crime framework, supporting governance activities, regulatory engagement and ongoing compliance transformation initiatives
• The role combines regulatory compliance, financial crime oversight, governance, and MLRO responsibilities within a fast-growing and evolving payments environment
• Act as a senior member of the Compliance function, supporting the maintenance and enhancement of Azimo B.V.’s overall regulatory compliance and financial crime framework
• Maintain oversight of applicable Dutch and European regulatory requirements and ensure these are translated into effective policies, procedures, controls, monitoring activities and governance processes
• Lead and support regulatory compliance risk assessments and thematic reviews to identify, assess, monitor and mitigate compliance risks
• Own and oversee the Compliance Monitoring Program
• Monitor regulatory developments and assess their impact on the business, ensuring timely implementation of regulatory changes
• Support Senior Management, the Board, and the Supervisory Board in meeting their regulatory responsibilities through effective reporting, escalation, and governance
• Knowledge of safeguarding requirements applicable to payment institutions, including safeguarding governance, risk management, and regulatory expectations
• Act as a principal Compliance contact for supervisory authorities, including DNB, coordinating regulatory engagements, information and follow-up actions
• Lead or support regulatory inspections supervisory reviews, audits and requests for information, ensuring timely, accurate and coordinated responses
• Coordinate the preparation of regulatory submissions, management responses and briefing materials for regulatory engagements
• Oversee the tracking, management, and remediation of regulatory findings, audit findings, compliance issues, and supervisory actions
• Ensure remediation programs are appropriately designed, governed, and delivered within agreed timelines
• Maintain and enhance Azimo B.V.’s AML/CFT, sanctions and financial crime compliance framework
• Provide second-line oversight and challenge the first-line teams where appropriate
• Support the investigation and assessment of unusual and suspicious transactions, including potential reporting obligations where appropriate
• Lead or support the enterprise-wide risk assessments
• Serve as the appointed MLRO, maintaining oversight of the AML/CFT and sanctions framework and ensuring compliance with applicable regulatory requirements
• Oversee the assessment and escalation of unusual and suspicious activity, including regulatory reporting obligations and engagement with relevant authorities where required
• Provide high-quality management information, compliance reporting and escalation material for senior management, ARCC, Board, Supervisory Board and regulators
• Build effective relationships across Product, Payments, Treasury, Operations, Legal, Risk and Commercial Teams to provide balanced guidance
• Support the development of a strong culture of compliance through training, awareness activities and ongoing engagement with first-line teams
• Support the oversight of outsourced activities and third-party service providers to ensure ongoing compliance with regulatory obligations
• Lead the ongoing development of the enterprise-wide financial crime risk assessment and associated governance processes

Benefits

• Gym on-site or $550 annual reimbursement for gym membership / other fitness activities
• Paternity / Maternity Leave: Additional days on the company account (in addition to any legal benefits)
• Birthday Benefit: Gift as spending money
• PTO Policy: Transparent and uniform policy of 20 days per year (unless more is designated by the law)
• Fitness: Gym on-site or annual (equivalent budget for all locations) reimbursement for gym membership or other fitness activities
• Meal Vouchers: Monthly allowance for meal vouchers - per regional policy
• Remote Work Allowance: Remote work allowances (for employees with no local office)
• Learning & Development: Yearly budget for AI online courses, classes, seminars, or other developmental activities (per calendar year, based on company policy)
• Work from Abroad: We offer eligible employees the opportunity to work from abroad for a limited period each year

This is a senior, hands-on position requiring a highly experienced compliance professional who can operate independently, provide effective challenge, and engage confidently with senior management, the Board, the Supervisory Board, auditors, and regulatorsPrevious experience as an MLRO, Deputy MLRO, or in a senior financial crime oversight role within a regulated financial services organisation is strongly preferredDemonstrated experience engaging with regulatory authorities, internal and external auditors, and other assurance functions, including coordinating responses to regulatory enquiries, inspections, and reviewsDemonstrated experience designing, implementing, and enhancing compliance frameworks, regulatory compliance programmes, and governance processes within a regulated financial services organisationStrong understanding of payment services, cross-border payment flows, safeguarding requirements, outsourcing arrangements, and associated compliance and financial crime risksExperience managing regulatory, audit, and compliance remediation programmes, including the development, implementation, and tracking of corrective action plansRelevant professional qualifications such as ICA Diploma, CAMS, CGSS, or equivalent compliance and financial crime certifications are strongly preferredProven experience conducting compliance risk assessments, thematic reviews, compliance monitoring activities, and regulatory gap analysesExcellent written and verbal communication skills in English. Dutch language skills would be advantageousStrong working knowledge of Dutch and European regulatory requirements applicable to payment institutions, including the Wft, Wwft, PSD2, EBA Guidelines, sanctions requirements, and relevant supervisory expectationsDemonstrated ability to lead complex cross-functional initiatives, influence stakeholders at all levels, and deliver outcomes in a fast-paced and evolving regulatory environment8+ years of experience in Compliance, Financial Crime Compliance, Risk Management, or Regulatory Affairs within a regulated payment institution, electronic money institution, bank, fintech, or other financial services environmentBachelor’s degree or equivalent qualification in Law, Finance, Business Administration, Economics, Criminology, or a related disciplineStrong stakeholder management skills and the ability to influence at all levels of the organisationHigh integrity, sound judgement and strong sense of accountabilityConfidence to provide independent challenge and elevate issues appropriatelyPragmatic and solution-oriented, with the ability to balance regulatory obligations and business objectivesExcellent written communication and report-writing skills, with the ability to communicate complex regulatory matters clearly and succinctly to senior stakeholdersAble to thrive in a fast-paced, dynamic and evolving regulatory environment