Senior Compliance Manager, Vinted Pay

Posted 2 Hours Ago
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Kaunas, Kauno miesto savivaldybė, Kauno apskritis, LTU
In-Office
4K-6K Annually
Senior level
Fashion
The Role
Supports the Head of Compliance in managing Vinted Pay’s compliance function. Responsibilities include owning compliance monitoring and control testing, assessing risks, conducting regulatory horizon scanning, maintaining policies, advising on new products, managing incidents and remediation, overseeing conflicts of interest and training, responding to regulators, supporting audits and inspections, and escalating significant compliance issues.
Summary Generated by Built In
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 Senior Compliance Manager you will support the Head of Compliance in running the compliance function of Vinted Pay, UAB - the Lithuanian entity. You will own the compliance monitoring programme, keep our policies 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, within the scope of delegated authority, including in dealings with the Bank of Lithuania. 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, and substitute this role in the Head of Compliance’s absence within the delegated authority.
  • 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 the Management Board.
  • Report compliance issues, breaches and significant risks to the Head of Compliance, and escalate directly to the CEO or the Management Board where a matter cannot wait or falls outside the delegated authority.
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 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, AML/CTF legislation and the related guidelines.
  • 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 Lithuanian and English, both written and spoken.
  • A degree in law, finance, business administration or a related field.
  • Advantage: familiarity with United Kingdom regulation and with international compliance standards and best practice.
  • 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
  • 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:
€4.125€5.575 EUR

Skills Required

  • Solid experience in a regulatory compliance function, preferably within a payment institution, electronic money institution, bank, or other regulated financial institution
  • In-depth knowledge of Lithuanian and EU rules applicable to electronic money and payment institutions
  • Knowledge of AML/CTF legislation and related guidelines
  • Experience building and running a compliance monitoring programme
  • Ability to translate regulatory change into concrete internal actions
  • Ability to advise business colleagues in plain language
  • Ability to work independently and make informed decisions under time pressure
  • Strong analytical and problem-solving skills
  • Clear written communication skills
  • High ethical standards and integrity
  • Fluency in Lithuanian and English, written and spoken
  • Degree in law, finance, business administration, or a related field
  • Familiarity with United Kingdom regulation and international compliance standards and best practices
  • ICA or CAMS certification

Vinted Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vinted and has not been reviewed or approved by Vinted.

  • Equity Value & Accessibility Employees can participate in a share options program, and recurring internal secondary‑liquidity events make equity value more tangible.
  • Leave & Time Off Breadth 25 working days of holiday and a workation policy allowing up to 90 days of remote work per year (including a limited allowance outside the EU) broaden time‑away options.
  • Parental & Family Support Parental leave is topped up to full gross salary for 20 weeks for primary caregivers and 10 weeks for secondary caregivers in Lithuania, with flexible leave until the child turns two.

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The Company
HQ: Vilnius
243 Employees
Year Founded: 2008

What We Do

We’re the world’s biggest preloved fashion marketplace. The brainchild of Milda Mitkutė and Justas Janauskas, Vinted grew from a local website into a mobile-first community of 20 million people in 10 countries which is boasting over 30 million listings in total. Our mission: make second hand the #1 choice worldwide. We do it by shaking up everyday shopping habits and creating new personalized ways of buying, selling, and swapping clothes, accessories, and lifestyle items. We’re always on the lookout for smart people who know exactly how they can contribute to making Vinted better. Join or lead cross-functional teams at a startup where your impact is never limited to your job description. Step out of your comfort zone. Grow with us. And have fun with a team of more than 200 people along the way. You can find all open positions: https://www.vinted.com/jobs If you know you belong here - tell us why! Follow us! https://www.instagram.com/weworkatvinted/

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