Head of Compliance

Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading payments platform with an extensive track record of serving merchants and consumers in the global entertainment sectors. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualized transactional volume of $140 billion in 2023, and approximately 3,200 employees located in 12+ countries, Paysafe connects businesses and consumers across 260 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Further information is available at www.paysafe.com.

It starts here. Have a global impact on the world of payments.

Head of Compliance

What Paysafe stands for:

• Being open and honest.
• Keeping focused.
• Operating with Courage.
• Pioneering the future.

Our values and culture are driven by Equality, Development, Social Responsibility and Wellbeing. If you want to find out more about life at Paysafe, check out our careers page here. 

How we work:

Our preferred arrangement is for the job holder to follow a hybrid model, spending an average of one days per week at our Dublin office location.

Role Overview:

Reporting to the boards of Paysafe Payment Solutions Limited (PPSL1) and Paysafe Prepaid Services Limited (PPSL2), the role holder is responsible for:

• Leading the Paysafe Payments Solutions Limited and Paysafe Prepaid Services Limited’s Compliance function.
• Collaborating with Group Compliance functions, ensuring key Compliance risks and regulatory reporting obligations for the above entities are performed to the required standard.
• Coordinating and organising scheduled regulatory reporting for Central Bank of Ireland (CBI).
• Acting as central point of contact for CBI.
• Collaborating with the Senior Management Team in the delivery of key strategic business objectives in compliance with regulatory requirements.
• Leading by example - in the promotion of a strong compliance culture throughout the organisation.

The impact you will have:

• Esure that policies, controls, and procedures are considered in all relevant functions including the development of new products, dealing with new customers and in changes to business activities.
• Advise and assist staff with compliance-related issues arising in their day-to-day business and answer compliance related questions arising out of daily business activity.
• Maintain a record of policies, controls and procedures, risk assessment and risk management including the application of systems, controls and procedures, with ultimate responsibility appropriately assigned to the Boards.
• Oversee the Compliance Programme and lead the Compliance Team.
• Oversee Compliance services which are outsourced to other companies within Paysafe Group.
• Maintain a strong working knowledge of the regulatory requirements and ensure any developments and changes are incorporated into procedures and practices as appropriate.
• Liaise with the CBI, maintaining an effective and open relationship and managing all regulatory inquiries and reviews, including reporting and notification matters.
• Provide regulatory training to all employees on relevant regulatory and legislative requirements and the maintain training records.
• Promote best practice by identifying the needs and best methods to improve risk management and controls.
• Review, assess and enhance compliance policies and procedures and the compliance monitoring programme to reflect regulatory developments and best practices.
• Timely and proactively escalate issues resulting from compliance monitoring, resolution tracking and management/board reporting.
• Ensure maintenance of accurate records and details to prepare effective management and board reports; and
• Provide early warning, guidance and advice on upstream and regulatory change, assessing the key implications for the business and contributing to and supporting the implementation strategy.

What we’re looking for:

• Proven track record of Compliance leadership for a minimum of 10 years; preferably with experience in regulated entities in E-Money Institutions sector
• Experience in fintech / digital payments is necessary
• Previous PCF 12 approval by CBI in past roles.

A snippet of what you’ll get in return:

• Kickstart your weekend early with our summer hours during the months of June, July and August with a 3pm finish every Friday.
• You decide what your holiday looks like with the option to buy or sell your holiday and carry over up to 5 days into the next year.
• Spend time with those important to you with our enhanced paid family policies.
• Test our products Skrill, Neteller and Paysafe Card. Upon joining we will award you £50 into each wallet.
• Join our six employee-led equality communities and help foster a workplace that celebrates diversity and create opportunities to collaborate and learn.
• Let’s not forget, we also offer: Private health insurance (pre-existing conditions are included), income protection, life assurance and more.

What to expect next:

1. Phone screen with Recruitment.
2. Video interview with the Hiring Manager.
3. In-person interview
4. Final HR interview with Recruitment.

Equal Employment Opportunity

Paysafe is an equal opportunity employer. We value diversity and are committed to providing a work environment of mutual respect to everyone without regard to race, color, religion, national origin, age, gender identity or expression, or any other characteristic protected by applicable laws, regulations and ordinances.