Risk And Compliance Manager

Summary

Join Token GmbH's Risk & Compliance team as their Risk & Compliance Manager, reporting to the Managing Director. You will be responsible for ensuring regulatory compliance and a robust risk management framework across the pan-European business. Key duties include developing and implementing a comprehensive risk management framework, overseeing payments risk and governance, managing regulatory compliance and reporting, and coordinating internal and external audits. The ideal candidate will have at least three years of experience in a regulated sector, strong knowledge of relevant regulations (PSD2, ZAG, GwG), and fluency in German and English. This role offers a competitive salary (€80,000 - €90,000), stock options, 30 days of paid vacation, a company pension scheme, and hybrid/flexible working.

Requirements

• Based in Germany, with experience in Risk & Compliance, ideally within the payments industry
• At least three years’ experience in a regulated sector
• Strong knowledge of PSD2, ZAG, GwG, and related regulations
• Fluent in German and English (both written and verbal)
• Comfortable working in fast-paced, evolving environments
• Strong technical acumen, able to engage with technology specialists
• Excellent interpersonal and organisational skills, with the ability to build trusted relationships across stakeholders
• Confident and proactive self-starter, capable of managing multiple tasks at same time
• Proficient in Google Workspace (GSuite) and Microsoft Office (Excel, Word)
• Exceptional attention to detail and problem-solving skills

Responsibilities

• Develop and implement a comprehensive Risk Management Framework aligned with ZAG-MaRisk
• Oversee the Payments Risk & Governance Strategy, including operational risk in payment processing, fraud prevention and transaction monitoring and business continuity and resilience planning
• Maintain risk and loss registers with timely updates
• Conduct risk assessments and scenario analyses to identify vulnerabilities
• Ensure compliance with BaFin, Bundesbank, and EU regulatory requirements
• Develop and maintain Compliance Policies & Procedures
• Act as the primary liaison with regulators, managing regulatory notifications and filings (BaFin, Bundesbank), onsite inspections and inquiries and annual regulatory reporting obligations
• Oversee Outsourcing Risk Management, ensuring BaFin compliance
• Manage relationships with third-party service providers handling AML, Internal Audit, and Data Protection
• Conduct vendor due diligence and risk assessments for outsourced services
• Coordinate internal audits (both in-house and outsourced)
• Manage external audits related to Risk & Compliance
• Implement internal controls to ensure compliance in business operations
• Develop and implement regulatory training programs for employees
• Provide advisory support on compliance and regulatory matters

Benefits

• ���80,000 - €90,000 a year
• Basic salary plus stock options (at one years service)
• 30 days paid vacation plus local holidays
• Company pension scheme
• Hybrid/flexible working