At XE, we live currencies. We share the belief that behind every currency exchange, query or transaction is a person or business trying to accomplish something important, so we work together to develop new and better currency services that put our customers first.

Xe was one of the first businesses built on the internet, having begun its life in Canada in 1993 as Xenon Laboratories. Our Universal Currency converter was launched in 1995 and it has grown into one of the most popular currency sites in the world, with over 280 million users worldwide. In 2015, Xe was purchased by Euronet Worldwide, Inc. (Nasdaq: EEFT), and joined forces with Euronet’s HiFX brand, a leading international money transfer business, to offer Xe’s users access to reliable money transfer services as well as currency information under the Xe brand. Today, our platform is used by thousands of businesses from small-to-medium-sized enterprises, to Fortune 500 companies.

We continue to have ambitious growth plans as we work towards becoming the world’s most used, most loved and most trusted currency exchange service, helping more than a billion people around the world.

Our principles

• AMBITION - We dream big, try things out and always ask “why not?” and “what if?” We’re ambitious in our thinking and our delivery 
• RESPONSIBILITY - We get involved, bring our perspective and are always open to new ideas. We take personal responsibility 
• COMMUNITY - We value a sense of belonging, trusting each other and encouraging authenticity. We contribute to our community 

What you’ll do

• Acting as the designated Compliance Officer for the DnB, own, develop and maintain Regulatory and AML Compliance program, including but not limited to ensuring compliance suite of policies procedures and training correspond to business needs while in compliance with regulatory requirements and the Company’s risk appetite;
• Oversees maintenance and execution of routine regulatory compliance assurance monitoring over key controls and outsourced activity, ensuring adequate/timely communication of matters of interest to relevant forums/individuals;

• Own, develop and maintain a SIRA and Compliance Risk Management Program that includes an assessment reasonably designed to cover the current financial crimes risks of the Dutch operations (ML/TF/Consumer Fraud), which shall cover products, jurisdictions, customers, counterparts, and compliance operations;
• Ensuring compliance policies and procedures correspond to business needs while in compliance with regulatory requirements and the Company’s risk appetite;
• Supporting operations teams with the due diligence screening and monitoring of prospective and existing clients and advising the management with respect to the acceptance or termination of client relationships;

• Provide regular visibility to the Global Head of Risk & Compliance , senior management and Boards, regarding the effectiveness of the compliance function, as it relates to existing and upcoming Regulatory Environment, Risk Assessments, AML Program, Sanctions Program, Consumer Fraud Prevention, Complaints Handling, and Law Enforcement Requests;
• Provides input and consultancy (operational) into relevant business policies and operational plans impacted by legal, regulatory and risk/compliance issues;
• Conducting assessments and gap analysis on new regulations against existing policies and coordinating adapting the business and operations to the new regulatory environment;
• Working with the FIU and Compliance Operations teams, support design enhancements of money laundering, counter-terrorist financing, consumer fraud and other financial crimes systems and controls to comply with the legal and regulatory requirements, and to respond to current risks;

• Conduct testing of the financial crimes models on an ongoing basis to ensure the effectiveness of the systems and controls and apply the necessary changes to mitigate any existing or potential risks. Exercise oversight over the transaction monitoring and reporting team to ensure timely and adequate detection and reporting of potential illicit activity;
• Conduct analytics to identify trends and scenarios that may indicate new risks to the operations and take action on establishing stricter controls when necessary;
• Maintains relationship management and liaison with internal and external parties as necessary (including EWI legal counsel, auditors, law enforcement, regulators, banking suppliers, Lawyers & other relevant parties);
• Develops and maintains an open and positive relationship with external regulators and ensures all regulatory reporting requirements are met;
• Co-ordinates Company resources for audit reviews, partner reviews and regulatory risk assessments;
• Support on regional or global compliance projects as defined and instructed by the Global Head of Risk & Compliance;
• Be key Compliance contact for support on European expansion of Xe Europe B.V..

Who you are

• You’ll demonstrate a track record gained working within a similar role as Head of Compliance role and/or held responsibility as Compliance Head either within the FX/Derivatives/Payments industry or within a highly regulated organization with a minimum of 5 years
• You will have a detailed understanding of Dutch AML/CFT regulation and a broad understanding of legal/regulatory and compliance throughout Europe;
• Living in The Netherlands;
• Fluent in Dutch and English;
• You will possess a strong ability to articulate and communicate risk/compliance issues across all levels and hierarchies in the business (from team members, managers, directors to the board);
• Ability to travel up to 25% internationally, following Company’s policies.

• A competitive salary and discretionary bonus
• 25 days holiday per year
• Holiday allowance 8% of base salary paid annually
• Pension- offering 5% of base pay salary paid monthly

We want Xe to be a great place to work and to ensure that our communities are represented across our workforce. A vital part of this is ensuring we are a truly inclusive organisation that encourages diversity in all respects. 

At Xe we are committed to making our recruitment practices barrier-free and as accessible as possible for everyone. This includes making adjustments or changes for disabled people, neurodiverse people or people with long-term health conditions. If you would like us to do anything differently during the application, interview or assessment process, including providing information in an alternative format, please contact us on recruitment@xe.com