Head of Compliance

🚨 We’re Not Hiring a Compliance Officer.

We’re hiring a Second Line of Defence. A Risk Strategist. A Builder.

You don’t just manage compliance. You help build a financial institution. At Embat, we’re redefining how finance teams operate. Our AI-powered Treasury Management Platform gives companies real-time visibility over cash, liquidity, and debt — automating what CFOs and treasury teams have managed in spreadsheets for years.

Founded in Spain in 2021, Embat has grown to 150+ people across Europe. We are backed by top-tier investors including Cathay Innovation (Chime, Ledger) and Creandum (Spotify, Klarna), and have recently closed a €30M Series B funding round to accelerate our international expansion.

It is a great time to join Embat: we grew 2.5x in revenue in the past 12 months and our payment volume has grown 4x since the start of the year. You will join us at a critical moment, during which we are transforming from a software company into an AI-driven corporate financial institution — a category of companies that does not exist today.

🎯 Your Mission

This role sits in the cockpit of the company’s #1 priority. This will be an intense role with large responsibilities and high expectations. You will drive forward Embat’s EP (Entidad de Pago) licence application and build our compliance function from zero. Once the licence is granted, you step into the formal role the regulator requires: Responsable de Control Interno, Cumplimiento Normativo y Gestión de Riesgos — Embat EP’s second line of defence.

⚡ What You’ll Do

• Drive the EP Application Process: Lead Embat’s EP application forward, working with company leadership, product and operational leadership to respond to the regulator’s queries and help define the requirements for the technical and financial infrastructure.

• Become Embat’s Second Line of Defence: Once the licence is granted, take on the formal role the regulator requires — Responsable de Control Interno, Cumplimiento Normativo y Gestión de Riesgos.

• Shape the Risk & Business Strategy of Our Banking Products: Together with commercial, operational and product counterparts, decide what kind of customers we can serve (size, geography, industry), and how we can onboard and serve them in the best way — satisfying regulatory, commercial and product requirements.

• Build the Compliance Function From Zero: Sit in the room when product, commercial and operations are making real decisions; coach leaders and teams on proper risk management; and deliver training across the organization.

• Level Up the Organization: Do everything needed to scale Embat’s business while making us a more mature and credible regulated institution.

🧩 Who You Are

We aren’t just checking boxes; we are looking for a high-calibre builder with a commercial mindset.

• Regulated-Institution Experience: You have solid experience in compliance, risk or internal control at a regulated financial institution (e-money institution, payment institution, bank or fintech), ideally under Banco de España supervision.

• Regulatory Depth: You know your way around e-money and payments regulation (EP, PSD2), AML/CFT requirements, and internal control & risk management frameworks.

• Builder Mindset: You are hands-on and proactive, and you’re energised — not intimidated — by creating a function from zero in a fast-moving scale-up.

• Business Partner, Not Box-Ticker: You believe compliance should enable the business. You want to sit at the table where product, commercial and operational decisions are made.

• Strategic Communicator: You are credible in front of the regulator and persuasive with internal leadership — able to translate regulatory requirements into clear, actionable decisions.

• Linguistic Depth: Full professional proficiency in Spanish (essential for the regulator) and English for internal collaboration.

• Education: Degree in Law, Finance, Business, or similar; compliance certifications are a plus.

💡 Why Join Embat

• A high-impact role at the intersection of treasury, compliance, product, and commercial.

• Large influence on how to build a modern financial institution in Spain.

• Join a group of people and a product with strong traction across the EU.

• Competitive salary + access to our equity programme.

• Annual leave from day one + birthday off.

• Hybrid working setup in our Madrid office hub.

• Twice-yearly performance reviews with clear growth paths.

• Quarterly company gatherings across European hubs (Madrid, London, Munich).

🧭 Our Values

• Ambition — We raise the bar and keep improving.

• Humility — We listen, learn, and adapt.

• Teamwork — We win and grow together.

Help finance teams work smarter — and help define the future of treasury. If you’re excited by impact, expertise, and working close to real customer problems, you’ll feel at home at Embat.