Compliance Officer - Investment Products (MiFID II) - Luxembourg
Satispay · Madrid, Community of Madrid, Spain
- On site
- Full-time
- €70,000 / year
- Madrid, Community of Madrid, Spain
Job highlights
- Ensure MiFID II compliance for investment products.
- Develop and maintain compliance monitoring programs.
- Identify and mitigate compliance risks.
- Advise on regulatory changes and impacts.
- Support regulatory reporting and interactions.
About the role
About Satispay
Satispay was born to revolutionise everyday payments – making them simple, fair, and accessible to everyone. Now, the focus has moved even further, aiming to shape the future of money. We're a movement empowering millions of people, driven by a shared purpose to tackle big challenges. And we're just getting started. We move quickly, think boldly, and trust each other to challenge the norm, learning and growing as we go. If you're looking for more than just your next job – if you want to build something impactful with a talented team – you're in the right place.
What You'll Be Doing
As a Compliance Officer (Investment Products), you’ll play a key role in ensuring our compliance with all applicable regulations, with a primary focus on MiFID II across all investment offerings. Here’s what your day-to-day will look like:
Compliance Framework
- Support the Head of the Compliance department in implementing and maintaining a robust Compliance Monitoring Programme to ensure adherence to all applicable regulations.
- Perform second-line-of-defense controls, highlight weaknesses, and issue recommendations.
Risk Management
- Identify, assess, and mitigate compliance risks associated with existing and new investment products, including the specific risks presented by crypto-assets.
- Support the management of compliance incidents.
Horizon scanning and Advisory
- Monitor changes in laws and regulations and advise the Authorised Management and the Product teams on business impacts.
Regulatory strategy & Licensing
- Contribute to the regulatory strategy and support future license extension processes.
Policies and procedures framework
- Assist in drafting, updating, and maintaining compliance policies.
Regulatory reporting
- Support in timely and accurate regulatory reporting, including the CSSF annual questionnaire on financial crime.
Interaction with regulators and auditors
- Support interactions with regulators on matters related to investment services, inspections, and periodic updates.
- Assist in coordinating and preparing responses for audits.
Training
- Assist in developing and help deliver compliance training programs for employees.
Reporting
- Support in drafting regular reports on Compliance matters to the Authorised Management and Board of Directors.
Expect challenges, collaboration, and the freedom to bring your ideas to life. Things change quickly here, so be ready to adapt, take initiative, and shape your role as we grow.
Who We're Looking For
We need a problem-solver who loves teamwork and gets things done. If you're curious and ready for real ownership, you'll fit in! Does this sound like you?
- Compliance experience – 3-5 years in a regulated financial institution (e.g., bank, EMI, PI, MiFID investment firm, ManCo, or VASP), with hands-on exposure to MiFID II, in Luxembourg or Europe.
- Regulatory knowledge - experience working within a compliance framework is required; direct exposure to audits and inspections is a strong plus.
- Regulatory understanding – European regulations, including MiFID 2 and ideally MiCA, and Luxembourg laws applicable to Investment firms.
- Interest in fintech and investments – including virtual assets, with a strong understanding of technology-driven environments (e.g., automated onboarding, transaction monitoring tools).
- AML/CFT knowledge – including transaction monitoring and international financial sanctions.
- Organizational skills – ability to work independently.
- Curiosity and proactivity – a drive to learn and take initiative.
- Fluent in English – both written and spoken.
- Excellent communication and writing skills – convey complex information clearly and concisely.
Don't worry if you don't tick every box. We believe in the power of different viewpoints and strengths. Your unique perspective is important as we build something special. If you're passionate and can make a difference, we truly encourage you to apply.
Our Benefits & Perks
We believe high commitment, effort, and impact deserve to be highly rewarded and supported. That’s why we created Satispay CareAbout, our way of making sure you’re supported in your well-being, growth, and finances:
CareAbout health & well-being
- Unlimited paid time off
- Psychological support & mental health webinars with Serenis
- Flexible hybrid working system
- Extended parental leave
- Childcare leave
CareAbout growth & development
- Professional development programmes
- Internal mobility program
- Language classes with Preply
- Internal workshops & training
CareAbout financial support
- Stock Option Plan (with additional grants often provided based on performance)
- International relocation support
- Competitive salary
- Meal vouchers
Equal-Opportunity Employer
At Satispay, we're proud to be an equal-opportunity employer. We celebrate diversity and inclusion, welcoming individuals of all backgrounds. This opportunity is open to everyone, regardless - for instance - of race, colour, religion, sex, gender identity, sexual orientation, and national origin. Join us in a workplace where everyone belongs!
Learn More About Us
Curious if our way of working clicks with yours? Our values and pillars aren’t just fancy words on a page - they really shape everything we do. Explore them here. Sounds like your kind of place? Awesome! We’d love to hear your story.
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Key skills/competency
- Compliance Officer
- Investment Products
- MiFID II
- Regulatory Knowledge
- Risk Management
- Fintech
- AML/CFT
- European Regulations
- Luxembourg Laws
- Financial Institution Compliance
Skills & topics
- Compliance Officer
- Investment Products
- MiFID II
- Regulatory Compliance
- Financial Regulations
- Luxembourg
- Fintech
- Risk Management
- AML
- CFT
How to get hired
- Tailor your resume: Highlight 3-5 years of compliance experience in regulated financial institutions, specifically mentioning MiFID II, MiCA, and Luxembourg laws.
- Showcase regulatory knowledge: Emphasize your experience with compliance frameworks, audits, and inspections within European financial regulations.
- Demonstrate fintech interest: Detail your understanding of fintech, investment products, virtual assets, and technology-driven environments.
- Prepare for interviews: Be ready to discuss your problem-solving skills, teamwork, curiosity, proactivity, and ability to work independently.
- Highlight language skills: Confirm your fluency in English and your excellent communication and writing abilities.
Technical preparation
Behavioral questions
Frequently asked questions
- What is the primary focus for the Compliance Officer role at Satispay in Luxembourg?
- The primary focus for the Compliance Officer role at Satispay in Luxembourg is ensuring compliance with all applicable regulations, with a strong emphasis on MiFID II across all investment offerings.
- What specific regulatory knowledge is required for this Compliance Officer position?
- We require experience with European regulations, including MiFID II and ideally MiCA, as well as Luxembourg laws applicable to Investment firms. Direct exposure to audits and inspections is a strong plus.
- Does Satispay offer support for international relocation to Luxembourg for this role?
- Yes, Satispay offers international relocation support as part of their benefits and perks for employees needing to move to their Luxembourg office.
- What is the expected level of experience for a Compliance Officer at Satispay?
- We are looking for candidates with 3-5 years of compliance experience in a regulated financial institution, with hands-on exposure to MiFID II, preferably within Luxembourg or Europe.
- Is knowledge of virtual assets and fintech important for this Compliance Officer role?
- Yes, an interest in fintech and investments, including virtual assets, and a strong understanding of technology-driven environments are important for this role.
- What are the key responsibilities of the Compliance Officer regarding investment products?
- Key responsibilities include supporting the compliance framework, identifying and mitigating risks, advising on regulatory changes, contributing to regulatory strategy, assisting with policies, regulatory reporting, and interacting with regulators and auditors.
- What is Satispay's approach to diversity and inclusion?
- Satispay is proud to be an equal-opportunity employer and celebrates diversity and inclusion, welcoming individuals of all backgrounds, regardless of race, color, religion, sex, gender identity, sexual orientation, and national origin.
- What kind of professional development opportunities are available at Satispay?
- Satispay offers several growth and development opportunities, including professional development programs, an internal mobility program, language classes, and internal workshops & training.