Regulatory Compliance Manager

Brief info about Vinted 

Our mission is to make second-hand the first choice, and we're looking for people who want to help us get there. Every day, we work together to help our members buy and sell pre-loved clothing and lifestyle items, giving each piece a second life - or even a third.

The Vinted Group is made up of three business units that support this mission:

Vinted Marketplace is Europe’s leading platform for second-hand fashion and a go-to destination for all kinds of pre-loved items, with a growing range of categories. Our platform connects millions of members across 20+ markets, helping great items find a new life.

Vinted Go enhances the shipping experience with a vast network of over 500,000 pick-up and drop-off points, partnering with more than 60 carriers across Europe, with added services like item verification for peace of mind on high-value pieces.

Vinted Pay is the newest part of the Vinted Group, dedicated to bringing secure, reliable payments to buyers and sellers across Europe. Seamlessly integrated into the Vinted app, it helps keep every transaction safe, efficient, and easy for our members.

Founded in 2008 in Lithuania, Vinted began as a way for friends to find new homes for clothes they no longer needed. In 2019, we became Lithuania's first unicorn! Today, our headquarters remain in Vilnius, and we've grown with offices across Europe, supported by a team of over 2,000 people. 

Information about the position 

As Regulatory Compliance Manager you will support the Head of Compliance in running the compliance function of Vinted Pay Limited. You will own the compliance monitoring programme, keep our policies and procedures current as the rules change, advise colleagues on what those rules mean in practice, and make sure that compliance issues are recorded, escalated and closed.

You will report to the Head of Compliance and act on their behalf in their absence. This is a second line of defence role: you operate independently of business and commercial decision-making and carry no revenue or sales targets.

In this position, you’ll 

• Support the Head of Compliance in running the compliance function
• Participate in implementation and periodical review of the compliance monitoring programme, and carry out monitoring activities, control testing and effectiveness reviews.
• Identify and assess compliance risks across the company and put proportionate measures in place to mitigate them.
• Run regulatory horizon scanning and work out what regulatory developments mean for us in practice, then see the required changes through.
• Draft, review and maintain the compliance policies and procedures so that they keep pace with legal and regulatory change.
• Take part in the New Product Approval Process and advise colleagues on how applicable requirements apply to a specific product, process or initiative.
• Register and manage compliance incidents and remediation actions, and run the escalation process and the regulatory requirements register.
• Own the conflicts of interest framework, and organise and deliver compliance training.
• Respond to regulatory requests, and support the Head of Compliance in audits and inspections and in reporting to Committees and the Board of Directors.

About you 

• Have solid experience in a regulatory compliance function, preferably within a payment institution, electronic money institution, bank or another regulated financial institution.
• In-depth knowledge of EMRs, PSRs and FCA requirements that apply to electronic money institutions, including Consumer Duty, Operational Resilience, Safeguarding and AML/CTF requirements
• Demonstrated ability to build and run a compliance monitoring programme and to turn regulatory change into concrete internal action.
• Able to advise the business in plain language.
• Comfortable working independently and making informed decisions under time pressure.
• Have strong analytical and problem-solving skills, and clear written communication.
• High ethical standards and integrity.
• Fluency in English, both written and spoken.
• A degree in law, finance, business administration or a related field.
• Advantage: ICA or CAMS certification.

Work perks 

• The opportunity to benefit from our share options programme
• 25 working days of holiday
• Access to all the tools & tech needed for work
• Home office support: we provide IT workstation equipment and a personal budget of up to €540 for home workplace furniture
• Private health insurance
• Pension plan with flexible contribution options and a matching contribution from Vinted
• Confidential Employee Assistance Program (EAP) for you and your family
• Frequent team-building events
• A personal monthly budget for shopping on Vinted
• A dog-friendly office
• In Vilnius office: gym & in-house meals at friendly prices
• In Kaunas office: a monthly lunch allowance, and a once-a-week provided in-house lunch and breakfast

Working at Vinted 

Workation policy 

Better balance holidays with workdays by working remotely! Up to 90 days per year in the EU, of these, 21 days can be spent globally. For non-EU citizens, it's 21 days worldwide. This can be combined with time off for vacation or personal time.

Individual learning budget

Each year, you’ll be given a learning budget (starting at €3,000), and a total of up to 10 working days over a 2-year period to support your personal and professional development.

Hybrid work 

Our hybrid model, with 2 recommended office days a week, gives you and your team the flexibility to decide if and when you want to work from home, and when to catch up in person.

Equal opportunity

We welcome applications from everybody, regardless of your background, identity, or life experiences. Job openings come with guides, not checklists. If you’re excited about a role, but don’t identify with every point in the ‘About you’ section, apply anyway - you might still be the perfect match!

The annual gross salary range for this position is:

£52,700—£77,500 GBP