Small World Money Transfer
Small World Financial Services - Finanzas
Job Offer Belgium

Compliance Manager – Central Europe (Based on Belgium)

Small World FS is a London head quartered Fintech provider of trusted, simple and low cost international payment services from 34 countries worldwide. Providing international payment services for consumers to send money to 188 countries worldwide, with a global pay-out network of over 250,000 locations as well as real-time bank transfers, Small World FS has over the past decade grown rapidly to become one of Europe’s leading payment service providers, and a member of the UK TechCity’s exclusive FutureFifty programme.

Small World FS encompasses the brands LCC Trans-sending, Swiss Money Transfers and Choice Money Transfers among others.

For more information, please visit our website, or our facebook page

This role will be the Nominated Compliance Officer for the Central Europe Operations (responsible for Belgium, Netherlands, Luxembourg, Germany & France). The role will be based in Brussels, Belgium

You will report to the Chief Global Compliance Officer Regional Manager with a dotted line to Managing Director, Central Europe.

Role details:

You will:

1) be responsible for all necessary Central Bank reporting in Belgium, France, Germany and the Netherlands including e-gate, e-corporate, statistical reports, annual and quarterly reports;

2) Manage the anti-money laundering programme investigating suspicious transactions and referring suspicious transactions to the Country FIU and reporting to FCA after informing the LCC Head of Compliance.

3) Liaise with local authorities, regulators and police with regards their requests.

4) Conduct periodic compliance reviews on specific areas of the business, such as client KYC, policy revisions, to establish whether the controls and procedures in place are adequate to ensure continuing compliance with FCA, local Central Bank requirements and the data protection act.

5) Take responsibility for ensuring that the duties imposed by the Money Laundering Regulations and all regulations pertinent to the business are complied with.

6) Head the Data Privacy Department in your area

7) Provide anti-money laundering training for new staff, existent staff (on annual basis) and agents (existent and new agents). This includes on-line training.

8) Make “Regulatory Early Warnings” about new policies that must put in place to comply with new laws or regulations.

9) Produce an annual report to the Global Compliance Dept.

10) Attend monthly Compliance Committees.

11) Check new agent’s applications and report any discrepancies.

12) Validate that agent details are correctly recorded with the FCA and local Central Banks.

13) Review and update existing agents and send to AOB the forms to be amended.

14) Ensure all customer data is properly filed and recorded on the operational system (Omnex) giving support to Transactions analysts with regards documents accepted in your local country.

15) Oversight of implementation and suggest internal controls in order to optimize the service and the compliance department performance.

16) Undertake compliance visits to agents following the company`s agent oversight programme.

17) Perform due diligence analysis of data and information, using available data sources and research tools such as Lexis Nexis, Call Credit, Credit Safe and GB Group platforms to analyse specific agent on boarding or in Enhance due diligence.

18) Ensure that the complaints procedure is set up and participate in the complaint`s resolution process.

19) Lead Compliance audits (Internal or external) and regulatory examinations.

20) Produce the risk assessment for central Europe countries, update compliance manuals, forms and other compliance policies and procedures.

21) Collaborate in specific Legal and/or Compliance global projects.

22) Be flexible in helping other Compliance departments in case of "urgent" matters.

Person Specification

Essential Skills & Experience

Previous Experience of submitting Central Bank compliance reports in one or more of the following territories: Belgium, France, Netherlands or Germany is essential in this role.

Fluency in Dutch, French and English is essential. The ability to also speak German would be an advantage.

Ideal Skills & experience

Previous experience in the Money Transfer industry would be a strong advantage.

In addition, you will also be able to demonstrate:

1) Ideally you will have experience of facing off to regulators

2) You will have excellent Microsoft Office excel and word skills.

3) Attention to detail and accuracy

4) Team working

5) Ability to work with a virtual team

6) Ability to work independently under pressure.

7) Experience of analysing data to identify exceptional/suspicious behaviour and undertaking due diligence to investigate that behaviour.

8) Experience of training employees & third parties in the compliance/legal obligations connected with their roles.

You must have the right to work in Belgium. Work visas cannot be sponsored.