EU Chief Compliance Officer (Belgium based)

Who we are is what we do.

Deel and our family of growing companies are made up of global teams dedicated to helping businesses hire anyone, anywhere, easily. 

The team comprises over three thousand self-driven individuals spanning over 100 countries, and our unified yet diverse culture keeps us continually learning and innovating the platform and products for customers.

Companies should be able to hire the best talent anywhere in the world, so we are building the best platform to make that a reality. Our market-leading technology, expertise, and global team are crucial to the platform’s success. We deliver the best products and features in our space, enabling millions of jobs worldwide and connecting the global workforce with the best companies and opportunities.

Why should you be part of our success story?

A 30-mile hiring radius should no longer dictate how companies hire because exceptional talent lives everywhere. Deel sees a world without hiring borders and endless talent that pairs perfect candidates with great companies.

We offer global teams all the tools they need to hire, onboard, manage, pay, and scale at full speed. We aim to foster a diverse global economy by building a generational platform that seamlessly connects companies with talent worldwide.

After our successful Series D in 2021, we raised another $50M in 2023, doubling our valuation to $12B. There’s never been a more exciting time to join Deel — the international payroll and compliance market leader.

We are seeking a highly skilled EU Chief Compliance Officer (Fit & Proper individual - Compliance officer and AMLCO) to join our EU team, reporting directly to the global deputy Chief Compliance Officer. The role will be based in Belgium within our EU payment institution, while also playing a critical part in the wider global compliance function of the Deel group. 

This is a key critical role with executive responsibility for providing senior management with independent day-to-day compliance and AML advice to meet current and upcoming regulatory requirements. The chosen candidate will need to articulate and deliver a robust compliance plan for the organisation.

The EU CCO will be responsible for designing a strong internal controls environment through the development of policies and procedures in a broad array of Fintech compliance domains (PSD3, GDPR, DORA, AML, etc.), ensuring their implementation and monitoring compliance. The desired candidate will have a track record of implementing high quality internal control strategies in a large, complex organization. 

This role is ideal for a proactive, detail-oriented, and experienced compliance professional looking to make a significant contribution to a growing organisation while ensuring the highest standards of regulatory adherence.

Responsibilities:

• Own and drive the development, implementation, and ongoing improvement of the organisation's compliance program, ensuring the organisation meets all legal requirements and expectations of the National Bank of Belgium (NBB). This must be done across various Fintech compliance domains (DORA, GDPR, PSD3, AML, …)

• Act as the AML Compliance Officer (AMLCO) for the EU entity and stay updated on EU financial crime legislation and ensure the organisation remains compliant with current AML/CTF requirements.

• Act as a key point of contact for regulators (including the National Bank of Belgium) and industry bodies, represent the organization in regulatory discussions and industry forums

• Conduct regular reviews of internal compliance policies and procedures, updating them as necessary to reflect changes in the EU regulatory landscape, implement strategies to mitigate risks and required training.

• Prepare or oversee preparing and submitting regulatory reports and notifications to the NBB and other regulators, as needed.

• Provide advisory support to various business units on compliance-related matters, with a focus on payment services regulations.

• Provide technical compliance support enabling new products or existing product feature changes.

• Ability to find the right balance between customer friction, compliance and cost in order to formulate creative and pragmatic compliance processes.

• Take on and own new challenges that arise in any area of the compliance programme on a project basis.  Take a problem-solving approach, whether designing a new process to be implemented or driving an effort for multiple teams to work together to meet new regulatory requirements. 

• Build effective working relationships and collaborate with key stakeholders regarding updates on issues, internal controls and key process changes.

• Design and implement control testing procedures to evaluate the effectiveness of internal controls, conduct testing and formulate feedback.

• Identify control gaps, provide recommendations for control process improvements, and oversee corrective action plans on control gaps.

• Identify opportunities for efficiencies and automation i.e. to utilize various tools to monitor internal controls.

• Serve as a point of contact to internal and external auditors and support the evaluation of remediation action plans. Support cross functional teams in the issues management process.  

• Provide regular updates and reports to management, including governance committees and respective boards.

Qualifications:

• Previous experience in the role required - 10+ years of experience with extensive leadership and strategic expertise - the ideal candidate will have previous functional experience across compliance topics, with a solid understanding of anti-money laundering (AML) frameworks, outsourcing requirements, IT security requirements (DORA), operational risk and resilience topics and data protection laws (GDPR). Fintech/payments experience is highly regarded.

• In-depth understanding of the NBB regulatory framework, particularly related to payment services.

• Bachelor’s degree in Law, Finance, Business or relevant field, or equivalent work experience (Fintech/payments experience is highly regarded)

• Professional certificates/qualifications in compliance (for example Febelfin Compliance Officer), AML/CFT, risk management, finance, and/or fintech or relevant certification such as CPA, CIA, CISA, CFE are nice to have but not required.

• Exceptional organizational, project management, and operational skills, with a knack for creating and implementing efficient processes, ability to prioritize tasks, meet deadlines, and manage multiple initiatives simultaneously.

• Demonstrated success in managing Compliance for multinational organizations

• Experience in building and motivating teams.

• Attention to detail, with the ability to work accurately in a fast-paced, deadline-driven environment, both independently and cross-functionally.

• Strong verbal and written communication skills, with the capability to articulate legal and regulatory obligations to internal and external stakeholders.

• Effective communication and interpersonal skills to collaborate with internal departments, external stakeholders, and regulatory bodies.

• Problem-solving and decision-making abilities to address issues and make sound judgments related to licensing matters.

• Strong ethical conduct and ability to maintain confidentiality of sensitive information.

• Entrepreneurial drive with a start-up mentality.

Total Rewards

Our workforce deserves fair and competitive pay that meets them where they are. With scalable benefits, rewards, and perks, our total rewards programs reflect our commitment to inclusivity and access for all. 

Some things you’ll enjoy

• Provided computer equipment tailored to your role

• Stock grant opportunities dependent on your role, employment status and location

• Additional perks and benefits based on your employment status and country

• The flexibility of remote work, including WeWork access where available

At Deel, we’re an equal-opportunity employer that values diversity and positively encourage applications from suitably qualified and eligible candidates regardless of  race, religion, sex, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, pregnancy or maternity or other applicable legally protected characteristics.

Unless otherwise agreed, we will communicate with job applicants using Deel-specific emails, which include @deel.com and other acquired company emails like @payspace.com and @paygroup.com. You can view the most up-to-date job listings at Deel by visiting our careers page.

Deel is an equal-opportunity employer and is committed to cultivating a diverse and inclusive workplace that reflects different abilities, backgrounds, beliefs, experiences, identities and perspectives.

Deel will provide accommodation on request throughout the recruitment, selection and assessment process for applicants with disabilities. If you require accommodation, please inform our Talent Acquisition Team at recruiting@deel.com of the nature of the accommodation that you may require, to ensure your equal participation.