Head of Compliance - Deutschsprachig (m/w/d)

at  iwoca

We are looking for a motivated German speaking Head of Compliance to join our German compliance team in Germany (Berlin or Frankfurt).

ABOUT US

Fast, flexible finance empowers small businesses to manage their cash flow better and seize opportunities - making their business and the economy stronger as a whole. At iwoca, we do just that. We help businesses get the funds they need, when they need it, often within minutes.
We’ve already made several billion in funding available to over 100,000 businesses since we launched in 2012, and positioned ourselves as a leading Fintech in Europe. Our mission is to finance one million businesses. We’ll get there by continuing to make our finance ever more relevant and accessible to more businesses by combining cutting-edge technology, data science and a 5-star customer service

REQUIREMENTS

• You have 7-10 years of experience in compliance. You have gained broad experience in compliance either with financial service providers or consulting companies and feel comfortable with topics ranging from GWG to KYC to GDPR.
• Proven professional and academic experience in compliance with a focus on financial crime prevention (knowledge of German and European GDPR and AML/CTF regulations). Previous work in the banking or fintech sector would be an advantage
• A degree in law or similar would be an advantage, but is not a mandatory requirement
• Practical and theoretical management knowledge, skills in modelling approaches such as design thinking and project management
• Experience in people management and development
• Native German language skills and excellent written and spoken English skills
• Confidence to liaise with employees or senior management colleagues and represent concerns or interests
• Motivation for professional development in this area and the ability to research, quickly adapt and adjust to new requirements as the company grows
• the ability to independently set clear priorities and prioritise workflows, complemented by an analytical mindset with a practical approach to problem solving
• A good understanding of how organisations work, including their key risk and reward drivers

• Strategic and operational management of the German compliance team including project management, OKR management and the compliance monitoring programme
• Managing, coaching and developing your employees in the German compliance team
• Exercising the RC function (‘responsable du contrôle du respect des obligations’) in the Luxembourg heavyweight company iwoca Management S.a.r.L (registered Alternative Investment Manager (AIFM) of its own Alternative Investment Funds (AIFs) for refinancing the German lending business)
• Management responsibility for German and Luxembourg compliance relevant topics, reporting and meetings/committees (e.g. quarterly risk committee at group level, quarterly board meetings)
• First point of contact for the cooperation with the colleagues of the Luxembourg AIFM
• First point of contact for liaising with our external data protection officer
• ongoing monitoring and reporting to ensure that iwoca adheres to compliance requirements with a focus on combating AML/CTF and other financial crime issues such as fraud
• Continuously evaluating the effectiveness of our policies, training and controls to ensure that our approaches and methods are appropriate and efficient
• ongoing monitoring of legal and regulatory developments and trends (horizon screening), as well as participation in industry forums and workshops to ensure that important developments are communicated to the affected units and management
• conducting regular compliance and AML/CTF risk assessments and reviewing policies/procedures (at least annually, but also in the case of new products, jurisdictions, markets, acquisition channels, etc.)
• Act as a central point of contact for questions and discussions related to relevant compliance topics