Are you curious, excited by experimentation and always looking for a better way of doing things?   

Do you want to keep learning and developing whilst getting hands-on experience working in the embedded payments space?  

Do you want to have the opportunity to be a key part of the Compliance team in Europe in a newly created role? 

If so, we would love to hear from you! 

We are looking to hire ambitious, and value-adding talent to join Modulr, the fastest growing payments business in the UK and Europe. It is an exciting opportunity for someone who is a self-starter, willing to drive change and excited by the prospect of to take ownership across a service with huge growth potential, and that will play a significant role in Modulr’s future growth.   

About us  

At Modulr our mission is to move money efficiently to power business productivity. We are building a new digital payments service to make money flow more efficiently through businesses and the economy. This is a new type of payments account that is built for businesses that need faster, easier and more reliable ways to move money. 

Our flexible platform and innovate approach allows our customers to utilise our payments account instead of a traditional bank account. Our accounts come with a sort code and account number, access to payment systems (eg Faster Payments and Visa) and everything our customers need from a payments account. They can instantly open as many accounts as they need, automate how they make and receive payments as well as the reconciliation processes these create. All in real time, 24/7 through their own systems utilising our API that integrates into any platform. 

Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by payments giants PayPal Ventures and FIS Ventures, as well as startup and scale up specialists Blenheim Chalcot, General Atlantic, Frog and Highland Europe which enables us to leverage their resources and expertise to drive our growth initiatives. These partnerships provide us with the necessary provisions to propel our business to new heights. 

Modulr values 

• Building the extraordinary and going that extra mile  
• Owning the opportunity, be passionate and proud of the time you invest  
• Move at pace, reach your goals faster with us supporting you each step of the way 
• Achieve it together, working as a team and being Modulite 

What will you do

As a Compliance Analyst at Modulr, you will work closely with the Head of Risk & Compliance in Amsterdam and the group stakeholders in the UK and Ireland to deliver a robust control framework in the Netherlands that can scale into the European branches. We’re a small team so this is a hands-on role; you’ll need to be comfortable getting into the detail and be happy to suggest improvements.  

Modulr has a strong team with extensive experience in payments, so you will have a chance to learn from some experts. The role requires a forward-thinking individual who can also recognise the value of finding innovative but robust ways of meeting compliance requirements to support the growth of the business.   

The Compliance Analyst will be part of the 2nd Line Risk and Compliance and take responsibility for a range of activities that support the Compliance function in continental Europe. Modulr group has a robust framework with strong capabilities in place. The duties related to Risk and Compliance range from understanding regulatory requirements, setting up and the submission of regulatory reports towards the Bank of Spain and Sepblac. Working together with a cross border team located in the Netherlands and the United Kingdom. The Compliance Analyst will also be the Branch Manager for the Spanish branch as such, regulatory engagement with the Spanish regulators will also fall under the scope of this function.  

You will

• Support regulatory engagement – specifically reporting 
• Handle the day-to-day requirements of managing the Spanish branch for Modulr 
• Understand the regulatory needs and translate this to data entry requirements
• Assess and review suspicious activity reports from our financial crime team 
• Find ways to innovate, enhance and smooth our compliance processes to maintain a competitive edge in a responsible way 
• Perform risk assessments together with the wide compliance function to ensure risk exposure is within appetite  
• Support reporting for the Management Board, Supervisory Board and group stakeholders

About you  

• You take a structured and methodical approach to your work with strong attention to detail and you deliver to a high standard 
• You’re excited about the prospect of taking ownership of compliance processes, whilst ensuring that they evolve so that the compliance programme continues to be aligned to the business’s growth plans
• You know how to prioritize and communicate your priorities 
• You have an excellent understanding of the regulatory landscape and reporting requirements
• You have a strong drive to support process and control improvement across all business functions to support Modulr’s continued business growth 
• You work collaboratively with your immediate and extended team, being flexible when business priorities change
• You are confident communicating with and influencing stakeholders across the organisation, seeking to always achieve the right outcome for Modulr and its clients      
• You’re comfortable working in an early-stage business, where time is critical, and things change frequently
• You enjoy self-leading and working independently in a fast-paced, constantly changing environment
• You enjoy sharing your knowledge and sharing your ideas about how we can improve  
• You have a strong interest in FinTech, payments and integrity

 Skills and experience we’re interested in  

• Degree in law, business administration or business-related subject  
• Experience with designing and monitoring a robust risk & compliance framework 
• Knowledge of relevant regulations (e.g. AML/CTF, EMD2, PSD2, European passporting regime, GDPR) 
• Experience with setting up regulatory reports in Spain 
• Command of European languages; Spanish and English mandatory (French and/or German good to have)
• Experience working in a business environment where there is a high level of attention to detail and planning 
• Experience communicating with demanding stakeholders 
• Experience with supervisor engagement would be an asset 

What can Modulr offer you 

You will be part of a cross disciplinary team(s), with co-workers located in Edinburgh, London, Amsterdam and/or Mumbai. We are friendly and sociable, challenging but rewarding. We want you to push yourself and for us to support you in your future as we scale up and grow. Our culture and values are putting you first and are about investing in your future.  

• Company Bonus - the more successful we are together, the more company bonus we offer 
• Flexible Benefits pot – Modulr contribute towards healthcare, gym, dental, travel etc
• Share Options Incentive Scheme 
• Learning Opportunities – on joining Modulr you will embark on our 3-day onboarding programme to be equipped with the Modulr know-how and arm you with the tools you need to be successful from day 1! But we do not want your learning to stop there so we will continue to provide you with the tools and capabilities through our learning channels and platforms to allow you to grow and develop in Modulr. 
• Modulr hands-on - join your colleagues for our company wide events throughout the year. 
• Great workspace - Modulr thrives on innovation which is best done through in-person collaboration. This approach enables us to work together closely, exchange ideas, and create innovative solutions that drive our success. We’re office first and have invested in state-of-the-art offices located in WeWork in Edinburgh, ScaleSpace in London, and WeWork in Amsterdam.

ModInclusion  

We believe that by seeing Modulr, and the world, from all sorts of angles, we can make life better for all.​ We want you to know that the things that make you, you — like your identity, age, ability, and background — are things that we will always celebrate and support with open arms.  As such, we are keen to maximise the diversity of our workforce and actively encourage applications from anyone and everyone. 

Please apply with your CV and tell us why you’re interested in fintech and what interest you about the role. 

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By submitting your CV you understand that we have a legitimate interest to use your personal data for the purposes of assessing your eligibility for this role.  This means that we may use your personal data to contact you to discuss your CV or arrange an interview, or transfer your CV to the hiring manager(s) of the role you have applied for.  You can ask us at any time to remove your CV from our database by emailing peopleops@modulrfinance.com – but please note that this means we will no longer consider you for the role you have applied for.