Head of Compliance, Europe (Calibra)

Global Operations | Dublin, Ireland
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About Calibra

For many people around the world, basic financial services are still out of reach: about 1.7 billion adults globally remain unbanked. The cost of that exclusion is significant — $25 billion is lost by migrants every year through remittance fees. This is the challenge we’re hoping to address with Calibra, a Facebook subsidiary whose goal is to provide people everywhere access to safe and affordable financial services through Libra, a new global payment system powered by blockchain technology. Our first product will be a digital wallet - Calibra - for Libra, and it will be available in Messenger, WhatsApp, and as a standalone app.

At Calibra, you will be working with a talented and dedicated group of people who are passionate about changing the world. Our leadership is experienced and some of the best minds working today in their respective fields.

Our team is looking for a Head of Compliance for Calibra in Europe. In this leadership role, you will be the primary leader responsible for our applicable compliance obligations in Europe . This will involve working with other Compliance team members and other functions to design the regulatory compliance strategy and implement our programs for all compliance topics, such as Licensing, KYC, Transaction Monitoring, Sanctions Screening, Reporting, Consumer Protection. You will also play the role of Money Laundering Reporting Officer as required in several jurisdictions. You will be responsible for creating and managing a highly effective program that demonstrates compliance with all applicable laws and regulations. The right candidate will possess and demonstrate deep regulatory, strategy, process and systems design, communication, time management, data analytics, presentation and change agility abilities.

Responsibilities

  • Drive the strategy, framework and execution of our Compliance program to ensure applicable European regulatory requirements are being met comprehensively
  • Work closely with Compliance, Legal, Product, Operations and other cross-functional teams to understand the overall business environment and be the single point of contact for all Compliance policies related to Europe
  • Partner with other leaders to design and implement the entire Compliance framework and system for our business
  • Be the main point of contact with our European regulators and other external stakeholders
  • Serve as a main point of contact for Compliance with key stakeholders and partners with respect to relevant technology and operational process designs
  • Monitor AML industry developments, and maintain advanced knowledge of new and amended laws and regulations, and ensure processes are in place to keep the the business updated on such developments
  • Proactively analyze trends and patterns in alerts for AML and other parts of Compliance, and effectively design our program
  • Perform oversight over our processing environment to ensure compliance requirements are being followed as expected
  • Develop, maintain and review policies, procedures and processes to ensure compliance with applicable internal, legal and regulatory standards
  • Be responsible for coordinating with teams to handle escalations and reporting of suspicious transactions pursuant to regulatory obligations
  • Support the AML Program through production of key performance indicators (metrics) and other reporting
  • Oversee internal and external investigations of money laundering and other financial crimes both alone and in collaboration with other internal stakeholders and outside counsel

Minimum Qualifications

  • Minimum 10 years of relevant experience within a financial services/technology regulatory compliance role, law enforcement role, or government agency role with deep expertise in financial crimes
  • Bachelor’s degree or equivalent experience as stated above
  • Have expert knowledge of regulatory obligations in Europe, including specifically, AML/Counter Terrorist Financing/Sanctions regulatory requirements
  • Have extensive experience in direct interaction experience with relevant regulatory agencies
  • Experience working hands-on with other cross-functional team leaders, such as lawyers, engineers, product managers, data analysts, operations analysts in improving compliance processes and systems
  • Proven ability to work with global teams in setting appropriate compliance programs
  • Knowledge of compliance requirements (red flags, typologies), process and system intricacies used in online, mobile and blockchain-based environments
  • Possess strong leadership qualities with the ability to manage both small and large teams, and demonstrate a strong work ethic as well as a high degree of integrity
  • Be capable of assessing and developing individual and team skills and providing timely constructive feedback

Preferred Qualifications

  • Experience with blockchain/virtual currency, emerging financial technology, and other financial services environments
  • Experience in mix of government/regulatory, and financial services/technology industries
  • Experience in data analysis and metrics