The opportunity 🚀

We are PayProff – a Danish fintech in the early stages of its development. We are looking for an ambitious individual to join the team on its growth journey where the goal is to fight financial crime. You will start as the Compliance Lead, and you will oversee the development of the AML/ KYC/ Risk area as we grow. This role is ideal if you already have some experience within the AML/ KYC/ Risk area, and now you want a fast-track opportunity to a leadership position, and the chance to build the entire area from scratch. 

The challenge 

We’ve been navigating the regulatory requirements in Denmark on our own for a while, but now it’s time for the company to bring in a talented individual to own this area and build it from the ground up. The role is a combination of high-level planning and fast, agile execution. 

Example of duties you can expect in this role: 

• Making sure PayProff complies with its AML/CTF obligations according to relevant AML/CTF rules and regulation (incl. if PayProff decides to enter new markets in the European Economic Area or launch new products), 

• Reporting regularly to PayProff’s Board of Directors and Executive Board about how PayProff is meeting its obligations, including alerting them if PayProff is not complying, 

• Taking day-to-day responsibility for PayProff’s AML/CTF policies, procedures and controls (this includes training and supporting KYC officers), 

• Helping to create, implement and maintain internal policies, procedures and systems for AML/CTF compliance 

• Being the contact point for PayProff’s dealings with the Danish Financial Supervisory Authority (DFSA), for example submitting reports such as suspicious matter or threshold transaction reports, or liaising about compliance audits and other DFSA requests, 

• Addressing any feedback from DFSA about how PayProff is managing its risks or about PayProff’s AML/CTF policies, procedures and controls. 

What we're looking for: 

We are looking for a candidate that wants to own the AML/KYC area from the very beginning and take the challenge of building the compliance machine up in a fintech at an early stage. We will be looking for your expertise, work ethic, and your sense of humor as well. 

• You are interested in the fintech/ start-up sector. 

• You're an ambitious and open-minded individual that can blend well in a small and diverse team (🇩🇰 🇦🇹 🇦🇺 🇷🇴 🇦🇴 🇵🇹 🏳️‍🌈 👍) 

• You understand relevant EU and Danish legislation (e.g. the AML Directive, PSD2, EBA guidelines, the AML Act - see more at the bottom of the page) and can translate regulatory requirements to product specs and smart operational flows.

• You can work with various profiles and different levels of seniority: consultants, lawyers, UX designers, IT developers, freelancers, potential investors and the authorities. 

• AML/KYC/Risk certifications and/or a Legal background and/or a fintech/financial background are a plus. 

What we offer: 

• A good compensation package from a well-financed fintech 

• The opportunity to own emerging areas in the company at an early stage 

• A flexible working schedule (early bird or night owl no problem with us) with plenty of opportunities for remote work. 

• A casual and fun working environment in SOHO surrounded by other startups (it’s also conveniently close to Islands Brygge if you want to join us for a swim, movie at Fisketorvet or dinner in Kødbyen) 

• A choice of work laptop and work phone 

• Healthy and free lunch in our canteen 

The recruitment stages 

These are the steps that you can expect after you apply: 

• Discovery interview – where we get to know each other a little bit 

• Solving a case – where we get to see how you work 

• Final interview – where a senior financial crime consultant will grill you a bit 🔥

If you progress in the recruitment process, you can expect us to inspect your criminal record, bad debtors list (RKI), references from previous employers and your academic credentials.  

We know that the process might take a while, therefore we expect people to be able to start on the position at some point in the fall (Sep-Oct-Nov).

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PayProff A/S 

Flæsketorvet 68, 1711 Copenhagen, Denmark 

+45 8610 1001 

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• More flavor on the legislation here: 

• https://www.finanstilsynet.dk/-/media/Lovgivning/Lovsamling/2021/TheAMLActconsolidatedactno1782of27December2020.pdf

• https://www.finanstilsynet.dk/-/media/Indberetning/2015/Vejledninger/Vejledning-til-hvidvaskforretningsgang.pdf 

• https://www.finanstilsynet.dk/-/media/Indberetning/2021/HvidvaskvejledningNovember2020.pdf 

• https://www.eba.europa.eu/documents/10180/2015792/Guidelines+on+Authorisations+of+Payment+Institutions+%28EBA-GL-2017-09%29_DA.pdf/8f092943-bbd0-478f-8084-5413e32ef73a 

• https://www.retsinformation.dk/Forms/R0710.aspx?id=191823