Compliance Assurance Manager, Vinted Pay

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 Compliance Assurance Manager you will design and run our compliance assurance programme across all three Vinted Pay entities. You will test whether the controls we rely on to meet our regulatory obligations are properly designed and actually working - in Lithuania, Luxembourg and the United Kingdom. You will report to the Head of Compliance in Lithuania and work closely with the compliance functions of the Luxembourg and UK entities. This is a second line of defence role: you test controls, you do not own or operate them, and you reach your conclusions independently of the functions you review. The position has no direct reports, so you will build the methodology and the working papers yourself. In this position, you’ll Build and maintain a risk-based assurance universe and an annual assurance plan covering Vinted Pay in Lithuania, Luxembourg and the United Kingdom, and agree it with the Head of Compliance. Run assurance reviews and control testing - design and operating effectiveness, walkthroughs, sampling and evidence collection - and document each review so that it stands up to internal audit, external audit and supervisory review. Keep one consistent assurance methodology across the three entities, while reflecting what the Bank of Lithuania, the CSSF and the FCA each expect and the differences between the three licences. Rate findings, agree remediation actions, owners and deadlines with the first line, and track them through to closure. Escalate material compliance breaches, significant control failures and possible regulatory reporting obligations to the Head of Compliance without delay. Prepare assurance reporting for the Head of Compliance, the Management Board and the governing bodies of the Luxembourg and UK entities - plan status, key findings, recurring themes and overdue actions. Run thematic and ad hoc reviews triggered by incidents, regulatory change, complaints trends or supervisory feedback. Provide assurance over compliance-relevant outsourcing and intra-group arrangements, checking that the agreed controls and service levels operate as described. Bring the assurance perspective into the New Product Approval Process, identifying which controls will need testing once something goes live. Maintain the central register of assurance findings and remediation actions for the three entities, and support the Head of Compliance in regulatory inspections, internal audits and external reviews. About you Have solid experience in compliance assurance, compliance monitoring, internal audit or another second or third line control function within a regulated financial institution. Demonstrate ability to design risk-based assurance or monitoring plans, test controls, and document findings to an auditable standard. Have strong working knowledge of the Lithuanian and EU rules that apply to electronic money and payment institutions - including the Law on Electronic Money and Electronic Money Institutions, the Law on Payments, PSD2, AML/CTF legislation and the related EBA guidelines. Familiar with the Luxembourg (CSSF) and United Kingdom (FCA) frameworks for payment and electronic money institutions, or able to get up to speed with them quickly. Clear on the three lines of defence model, and on where compliance assurance ends and internal audit begins. Able to present findings plainly and to challenge people of any seniority constructively, without making it personal. Careful with detail, evidence and sampling, and able to run several reviews in parallel without losing track of any of them. Have high ethical standards, integrity and professional scepticism. Excellent written and spoken English. A degree in law, finance, business administration, audit or a related field. Advantage: experience in a cross-border group with more than one regulated entity. Advantage: ICA, CAMS, CIA or CISA certification. Advantage: command of Lithuanian. 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 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 gross monthly salary range for this position is: €3.508 — €4.742 EUR