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Head of Compliance & MLRO

company3S Money
locationLuxembourg
PublishedPublished: Published 1 week ago
Business Compliance
Hybrid options available for local candidates (2 days a week)Travel requirements: availability for ad hoc travel within the EU & UK for regulatory meetings or training.

The Head of Compliance & MLRO will be responsible for overseeing and managing compliance within the Electronic Money Institution (EMI), ensuring the organisation adheres to all applicable laws, regulations, and industry standards. This role involves setting up and maintaining effective compliance programs, providing expert advice to senior management, and ensuring robust mechanisms are in place to prevent and detect regulatory breaches.

Our mission3S Money is reinventing international business banking. Founded in 2018, our mission is to help growing businesses send, receive and exchange money in over 190 countries. With offices in five countries and over 200 employees, you'll be joining a high-energy, high-impact team that's achieved profitability and has a wealth of opportunity ahead.

Our cultureAt 3S Money, we believe in caring personally, staying curious and making an impact through collaboration not competition. Our culture is genuinely transparent with minimal hierarchy and a commitment to each employee's professional growth.

What you'll be doing
  • Continually develop and implement the EMI's compliance strategy in line with Luxembourg and EU regulations (e.g., PSD2, AMLD, GDPR, CSSF); aligning these with the group compliance framework & organisation goals.
  • As the Head of Compliance / MLRO for our European Head Office, you will act as the primary liaison with the (CSSF) to oversee licensing & regulatory reporting obligations as well as other relevant regulatory bodies, the board and Senior Leadership as relevant.
  • In your capacity as MLRO, you will maintain the incident register and develop policies around new
  • Together with global departments, design and implement robust local Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) programs through conducting regular risk assessments and ensuring adequate CDD & EDD procedures are in place.
  • Coordinating internal & external compliance audits
  • Policy development & training as well as compliance/ regulatory training to staff to foster a culture of Compliance & Competency across the business
  • Ensure third-party vendors and partners comply with regulatory requirements by conducting periodic compliance reviews of outsourced activities and critical service providers.
About you, you have
  • Bachelor's or Master's degree in Law, Finance, Business Administration, or a related field.
  • At least 4-6 years of experience in a compliance role, preferably within an EMI, financial institution, or regulated entity.
  • Excellent knowledge of Luxembourg and EU regulations, including PSD2, AML/CFT directives, GDPR, and CSSF circulars.
  • Experience liaising with the CSSF and/or other regulatory authorities.
  • Leadership and team management skills.
  • Professional certifications such as CAMS, ICA, or equivalent are a plus.
  • Language requirements: English is our working language for internal communications across locations, however proficiency in French, German or Luxembourgish is an advantage.
In return for your hard work:

Competitive Salary + plus stock options (after 12 months) & benefits

Hybrid working setup in our wonderful city-centre office

We foster non-BAU projects in our team, we want you to explore new avenues and expand your expertise to benefit your professional pathway & our teams.

And much, much more....

Our commitment to youWe are an equal opportunities employer. We make recruiting decisions based on your experience, skills and personality. Our passion and focus will always be to work with the best people. We're creating services for everyone, so it's imperative we work with everyone. Our diverse team has been the foundations to our success in building more efficient products, making better decisions and establishing an all-inclusive place to work. Applicants of all backgrounds are hugely encouraged to apply and discover the 3S way.

Department Financial Crime & Compliance Locations Luxembourg Remote status Hybrid Remote Employment type Full-time