Head of Risk and Compliance at INFINIT

, , Luxembourg -

Full Time

Start Date

Immediate

Expiry Date

06 Jun, 26

Salary

0.0

Posted On

08 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Compliance, Regulatory Reporting, CSSF Interaction, AML/CFT, KYC, ICT Governance, Outsourcing Governance, Operational Resilience, DORA, GDPR, PSD2, NetSuite, Risk Assessment, Internal Control Framework, Analytical Skills

Industry

Financial Services

Description

Job Title: Head of Risk and Compliance Location: Luxembourg Experience: 8+ years of experience What about us? Launched in 2023, INFINIT is a fast-growing fintech scale-up operating in multiple countries across Europe and Americas. At INFINIT we are on a mission to reshape the future of SMEs. Our all-in-one operating system has banking at its core, and empowers small business owners and their teams to seamlessly manage and optimize every aspect of their business. By focussing on specific industries, INFINIT delivers tailored, high-value solutions, while building innovative AI products to further unlock significant growth opportunities for our customers. INFINIT operates globally, with ambitions to further expand its footprint to redefine the fintech landscape for SMEs worldwide. Join us on the INFINIT journey as we revolutionise the SME economy and drive meaningful impact through innovation 🚀 The role INFINIT is in full scale-up mode. We are moving beyond standard bookkeeping and building a robust financial engine to support our growth. We are looking for a Finance Builder - someone who acts like an owner, not just an employee. If you are a Senior Accountant who feels limited by routine tasks and wants to use NetSuite to build automated processes, challenge the status quo, and act as a true business partner to the CFO, this is your next step. The Mission You will join a lean, hands-on team where no task is too small, but your impact will be big. You will manage the day-to-day books while simultaneously constructing the financial control framework. \n What do we want to achieve together? Risk Management Design and maintain the enterprise-wide Risk Management Framework, defining and monitoring risk appetite and key risk indicators Conduct risk assessments across operational, compliance, AML, ICT, outsourcing and fraud risks Implement and oversee the internal control framework in line with the three lines of defence model Prepare regular risk reporting to the Executive Committee and Board Regulatory Compliance Ensure full compliance with Luxembourg and EU regulatory requirements applicable to payment institutions Implement and maintain compliance policies and procedures, and oversee the compliance monitoring plan Lead regulatory reporting and manage supervisory interactions with the CSSF Translate regulatory developments into concrete operational implementation AML/CFT Oversight Ensure full compliance with Luxembourg and EU regulatory requirements applicable to payment institutions Oversee the AML/CFT framework in accordance with Luxembourg law Supervise KYC processes and transaction monitoring Manage suspicious transaction reporting to competent authorities Conduct annual AML risk assessments and lead staff training programmes ICT & Outsourcing Governance Ensure compliance with ICT risk and operational resilience requirements (including DORA) Supervise the outsourcing governance framework Oversee incident reporting and business continuity arrangements What do you need to be successful in this role? Minimum 8 years of experience in risk and compliance within a regulated financial institution (payment institution, e-money institution, bank or regulated fintech) Proven experience interacting directly with the CSSF and managing supervisory relationships Strong knowledge of the Luxembourg regulatory framework: Law of 10 November 2009 (PSD2), Law of 12 November 2004 (AML/CFT), CSSF Circulars 12/552, 22/806 and 20/750 Solid grasp of the European framework: PSD2, EBA Guidelines (Internal Governance, Outsourcing, ML/TF Risk Factors), DORA and GDPR Experience in license applications or regulatory remediation is a strong plus Ability to operate independently and build frameworks from the ground up in a scaling environment Excellent analytical and communication skills Fluent English required; French considered a strong asset What will you find working at INFINIT? Competitive Salary and Equity: We offer highly competitive salaries and a stake in our success with share options because we're building this together. Diverse and Inclusive Team: Join a dynamic and international team in excess of 8 nationalities. You'll have the chance to work with experienced professionals from around the world, fostering a rich learning environment. Inspiring Mission: We are dedicated to revolutionizing business financing and making a positive impact on the European economy. Your work at INFINIT will have a lasting effect on businesses and communities. Health and Well-being: Your health matters to us. You will have access to top-quality Medical & Mental Health Insurance. Quality Time Together: We foster a sense of community with annual gatherings and bi-weekly office team gatherings. You're more than welcome to join us for quality time. Personal Time Off: Enjoy flexibility with your personal time off. Flexibility and Ownership: We trust our team and we are goal-oriented. Enjoy the flexibility of hybrid working 3 days a week in our Luxembourg office and 2 days at home. \n Diversity & Inclusion INFINIT promotes an inclusive culture that seeks equity and values different perspectives. We are proud to be an equal opportunity employer and consider all qualified applicants for employment without regard to race, colour, religion, age, sex, sexual orientation, gender, gender identity, national origin, disability, veteran status or any other legally protected characteristic.

Responsibilities

The role involves designing and maintaining the enterprise-wide Risk Management Framework, overseeing compliance with Luxembourg and EU regulations, and managing AML/CFT oversight, including KYC processes and suspicious transaction reporting. Additionally, the incumbent will ensure compliance with ICT risk requirements and supervise the outsourcing governance framework.