Compliance

• Own and drive the development, implementation, and ongoing improvement of the organisation's compliance program, ensuring the organisation meets all legal requirements and expectations of the National Bank of Belgium (NBB). This must be done across various Fintech compliance domains (DORA, GDPR, PSD3, AML, …)
• Act as the AML Compliance Officer (AMLCO) for the EU entity and stay updated on EU financial crime legislation and ensure the organisation remains compliant with current AML/CTF requirements.
• Act as a key point of contact for regulators (including the National Bank of Belgium) and industry bodies, represent the organization in regulatory discussions and industry forums
• Conduct regular reviews of internal compliance policies and procedures, updating them as necessary to reflect changes in the EU regulatory landscape, implement strategies to mitigate risks and required training.
• Prepare or oversee preparing and submitting regulatory reports and notifications to the NBB and other regulators, as needed.
• Provide advisory support to various business units on compliance-related matters, with a focus on payment services regulations.
• Provide technical compliance support enabling new products or existing product feature changes.
• Ability to find the right balance between customer friction, compliance and cost in order to formulate creative and pragmatic compliance processes.
• Take on and own new challenges that arise in any area of the compliance programme on a project basis. Take a problem-solving approach, whether designing a new process to be implemented or driving an effort for multiple teams to work together to meet new regulatory requirements.
• Build effective working relationships and collaborate with key stakeholders regarding updates on issues, internal controls and key process changes.
• Design and implement control testing procedures to evaluate the effectiveness of internal controls, conduct testing and formulate feedback.
• Identify control gaps, provide recommendations for control process improvements, and oversee corrective action plans on control gaps.
• Identify opportunities for efficiencies and automation i.e. to utilize various tools to monitor internal controls.
• Serve as a point of contact to internal and external auditors and support the evaluation of remediation action plans. Support cross functional teams in the issues management process.
• Provide regular updates and reports to management, including governance committees and respective boards.

Compliance Officer, EU

Local Regulatory Affairs Manager – Freelance/Part-time