Quality Assurance - Monitoring and Testing Compliance Manager

payabl. empowers businesses to grow through payments innovation and banking services. Our ambition is to expand our strong portfolio of global financial services we provide to businesses and make them all available in one place on our platform we call payabl.one. As a licensed financial company with principal membership with card schemes, we specialize in global payments and providing businesses with multi-currency accounts.

This role is about:

Develop and execute a Monitoring and Testing (M&T) program to ensure the Group operates in accordance with all relevant compliance obligations and internal policies and procedures. The program should also consider outcomes from internal monitoring reviews, internal and external audits, regulatory inspections, risk assessments, and requests from Senior Management. The M&T program should be adaptable and updated based on new insights and identified risks.

Location: in Limassol Office

Reporting to: Group Head of Regulatory Compliance

What you will do:

• Incorporate relevant compliance obligations—identified by subject matter experts—into the compliance inventory to be monitored and tested.
• Identify key controls required to ensure adherence to the company’s policies and procedures by mapping compliance obligations across business line processes.
• Define appropriate standards, methodologies, and frequency for each testing area or transaction type.
• Perform compliance testing activities in accordance with the M&T program.
• Document and assess testing outcomes, prepare detailed work papers, and report findings to Senior Management and Directors as needed.
• Share testing results with relevant stakeholders in a clear and timely manner.
• Develop action plans to address any identified issues and monitor them to completion.
• Maintain a comprehensive M&T log and tracking report.
• Conduct issue assurance reviews to determine whether issues may be closed.
• Prepare an annual M&T plan at the beginning of each year, with appropriate coverage of high-risk areas or areas flagged in audits/inspections.
• Analyze the complexity, timing, and delivery of reports to management, directors, and departments involved.
• Follow up on findings from internal/external audits, card scheme reviews, and regulatory inspections.

What we’re looking for:

• Education: Law, business or related degree.
• Experience: At least 8 years of experience in Financial Sector Compliance/AML and Internal Audit
• Knowledge: Strong understanding of regulatory frameworks (e.g., AML, data protection), compliance monitoring & testing (M&T), internal audit practices, risk assessment, and control design. Familiarity with the three lines of defense model, regulatory inspections, and cross-functional collaboration within financial services or FinTech environments.

What we need:

• Monitoring & Testing Program Design: Able to build and manage a robust M&T framework.
• Regulatory Knowledge: Solid understanding of compliance, AML, internal audit, and regulatory risk.
• Adaptability: Capable of updating M&T programs based on audit outcomes, risk assessments, and inspections (including card scheme reviews).
• Policy & Procedure Alignment: Ensures testing verifies adherence to internal frameworks.
• Reporting & Documentation: Prepares clear and audit-style work papers and tracking reports.
• Issue Resolution: Develops action plans and follows through to full remediation.
• Sector Expertise: Experience in financial services, ideally with exposure to FinTech environments.
• Analytical mindset: Ability to assess and interpret compliance obligations and test outcomes.
• Self-motivated: Proactive and capable of working independently.
• Goal-oriented and results-driven: Focused on achieving compliance outcomes efficiently.
• Excellent organizational skills: Able to manage multiple testing activities and reports.
• Strong communication skills: Able to present findings clearly across departments and to senior stakeholders.
• Attention to detail: Ensures precision in monitoring, documentation, and reporting.

The perks of being a payabl.er:  

• Drive in Style: Enjoy the added perk of a company car, provided upon completing one year of employment—subject to performance and availability.
• Future-Proof Your Finances: Jump on board, and after your probation period, we'll kickstart your Provident Fund.
• Grow Without Limits: Our environment is all about nurturing your talents and fuelling your ambition with endless opportunities for professional development.
• Speak Like a Local: Greek language classes, offered twice a week for all team members.
• Shop and Save: Get exclusive access to a discount card at various local businesses.
• Multicultural Workplace: Thrive in a company that celebrates diversity and values your unique contributions. Here, every perspective is appreciated, and every voice is heard.
• Lead the Charge in Pioneering Projects: Be at the forefront of innovation by playing a key role in groundbreaking projects.
• Max Out Your Downtime: With 25 days off plus public holidays, and an extra 10 days for when you're under the weather, we make sure you have ample time to relax, recharge, and return brighter.
• Support for Your Educational Aspirations: We're here to support your educational pursuits because we believe in investing in your growth. 
• Wolt Your Way Through Lunch: Enjoy a Wolt lunch allowance of €150 per month.
  🚀 Hiring Process

Step1: Initial Interview: A 30-40 min conversation with our Talent Acquisition team to explore your experience and career goals.
Step 2: In-Depth Discussion – A 60-minute deep dive with the Hiring Manager to assess your skills and alignment with the role.
Step 3: Final Behavioral Interview – A team-fit assessment with our Group Head of Regulatory Compliance and Head of Talent Acquisition, ensuring a strong cultural and strategic match.
Let's embark on a journey to redefine the landscape of payments together. We're not just offering a role; we're inviting you to be a part of something bigger. Join our team, and let's innovate, disrupt, and lead the future of payments. Together, we can make an impact that resonates. Welcome to the team! 

If this role seems like a good match, please submit your resume all applications are treated with the strictest confidentiality. Please note that we may keep your CV for a period of one (1) year for future relevant job opportunities. For more information about how we process your data please see our privacy policy at