Ria Money Transfer, a business segment of Euronet Worldwide, Inc. (NASDAQ: EEFT), delivers innovative financial services including fast, secure, and affordable global money transfers to millions of customers along with currency exchange, offering a reliable omnichannel experience. With over 600,000 locations in nearly 200 countries and territories, our purpose remains to open ways for a better everyday life.
We believe we can create a world in which people are empowered to build the life they dream of, no matter who they are or where they are. One customer, one family, one community at a time.
Your primary objective as Compliance Manager BENELUX is to define and implement the company’s compliance policy in accordance with all regulatory requirements (notably those of the FSMA, BNB, DNB) and the group’s internal policies. This includes a focus on detecting and preventing money laundering, terrorist financing, and consumer fraud activities. The Compliance Officer’s mission is to ensure compliance with consumer protection requirements and all other laws and regulations applicable to Ria's activities as a financial services company in Belgium, Netherlands and Luxembourg. You will also lead the local Compliance team of Belgium (7 HC) and Netherlands (4 HC).
Missions:
• Manage the local Compliance team (7+4 employees) by leading and training them, conducting performance reviews and assessments, carrying out recruitment interviews, and handling administrative management (leave, expenses, etc.).
• Define and implement comprehensive compliance policies and procedures for money transfer and currency exchange operations, ensuring alignment with FSMA, BNB and DNB regulations and other applicable laws.
• Collaborate on implementing and enhancing an effective compliance risk assessment policy to identify risks associated with the regulatory environment, the products and services offered, geographic operating areas, and distribution channels used.
• Oversee the monitoring of agency and agent activities, ensuring transactions at Ria sites comply with internal anti-money laundering and counter-terrorist financing policies.
• Lead due diligence tasks for potential agents to onboard, process, and continuously update KYC records.
• Regularly conduct compliance audits and risk assessments across all sites (agencies and agents) to identify areas of vulnerability and risk; develop and implement corrective action plans.
• Prepare and update operational compliance manuals for currency exchange and money transfer operations, risk assessments, and training materials for personnel at all sites.
• Liaise with regulatory bodies (including FSMA, BNB, DNB) and other competent authorities, handling all regulatory requests and inspections.
• Lead the development and implementation of compliance training programs for all employees to improve knowledge and understanding of regulatory requirements and internal policies.
• Monitor changes in legislation and regulatory requirements impacting currency exchange and money transfer operations, ensuring all business practices are updated accordingly.
• Collaborate with management and operational teams in Brussels, in Amsterdam and the European headquarters in Madrid to integrate compliance controls into daily operations and strategic planning.
• Prepare regular compliance reports for senior management, highlighting compliance activities, trends, and risk areas.
Qualifications:
• Bachelor/master’s degree in law, or in finance or in a related field obtained in Belgium and/or Netherlands. Professional certifications in compliance (e.g. FEBELFIN) would be advantageous.
• Minimum of 5-10 years of experience in a compliance role in Belgium and/or Netherlands within the financial services industry or banking sector.
• In-depth knowledge of the financial regulatory landscape in Belgium, including FSMA, NBB and DNB regulations, AML laws, and CTF regulations.
• Strong analytical skills and the ability to interpret complex regulatory requirements and translate them into operational policies and procedures.
• Excellent communication and interpersonal skills, with the ability to engage effectively with regulators, management, and staff at all levels.
• Proven ability to manage multiple tasks and locations, with a strong focus on detail and accuracy.
• Fluency in English is essential, French and Dutch are a real plus.
What we offer:
• A permanent and full-time contract (39h/week).
• A first-class office located in the centre of Brussels (metro Jardin Botanique) and in the city centre of Amsterdam (15 min from Central Station by foot).
• An attractive salary package including meal vouchers (8€/day), health insurance, 2 homeworking days per week, 20€ homeworking allowance, 26 holidays, company bonus, laptop, mobile phone...
• A dynamic and international working environment in a fast-growing company.
• Career growth opportunities at local or European level.