MiFID Markets Compliance Officer (fluent Spanish & English) – Madrid, Spain (hybrid)

MiFID Markets Compliance Officer (fluent Spanish & English) – Madrid, Spain (hybrid)

In this role, you will help promote a sound conduct and regulatory culture across Convera, by applying your knowledge of Markets in Financial Instruments Directive (MIFID), European Market Infrastructure regulation (EMIR) and ESMA standards, Packages Retail Investment Services (PRIIPS), Payment Service directive (PSD) and EU Anti-Money Laundering Regulations (AMLD) and the Comisión Nacional del Mercado de Valores (CNMV) Circulars, Spain’s Ley 6/2023 de los Mercados de Valores y los Servicios de Inversión (LMVSI).  

You will be a part of Convera’s Global Compliance team and act as a primary and registered liaison/ compliance officer with the Comisión Nacional del Mercado de Valores (CNMV), external auditors and partner firms as required, including but not limited to the preparation and submission of required forms with the relevant authorities including CNMV, ensuring that any responses or forms to the authorities are submitted in a timely manner.

You will be responsible for:

• Perform Compliance oversight for Convera Europe Financial S.A. (Spanish branch), including testing and reporting to senior management, have oversight of end-to-end Derivatives process identifying any breakdown in controls and correction to processes following control or process failure and is responsible for the escalation of any breaches or breakdown of controls.
• Assist in the second line oversight of the AML function performed by staff in the sister entity, Convera Europe S.A. (Spanish branch)
• Have oversight of forwards and options derivatives activity that will be regulated under MiFID 2 and/or PSD 2 regulations. Responsible for the administering, training and oversight of the end-to-end process equally supporting the conduct risk process for the Convera Europe Financial S.A. Spanish branch and act as the liaison point for the aforementioned entity in this regard.
• Perform regular control testing and review to ensure local governance and support the global testing function with compliance internal control testing
• Ensure legal watch to anticipate new regulations and regulatory requirements.
• Assist in designing and delivering MiFID/ CSSF Compliance training.
• Assist in updating Policies & Procedures to align with CSSF requirements and will help to recommend ongoing process improvements to streamline and create efficiencies.

You should apply if you have:

• Experience in Financial Instruments requirements (MiFID), Markets Compliance issues and a good understanding of CSSF and Spanish regulations and related subject matters.
• Fluency in English and Spanish (oral and in writing);

• University degree or equivalent, and proven record of accomplishment of work experience in a large multi-regional and/or multi-national financial services or payment service business.

• Proficient knowledge of applicable risk management regulation within the banking/financial services industry, and knowledge of the latest trends, concepts and best practices. An experience managing regulatory exams is a strong plus.
• Strong written and verbal communications skills, including formal presentation skills
• Strong analytical and problem-solving skills
• Accuracy and attention to detail in daily routine
• Well-developed interpersonal skills in a team-oriented environment
• Ability to work independently in a structured and analytical way
• Ability to work in a fast-changing environment with multiple priorities

About Convera

Convera is the largest non-bank B2B cross-border payments company in the world. Formerly Western Union Business Solutions, we leverage decades of industry expertise and technology-led payment solutions to deliver smarter money movements to our customers – helping them capture more value with every transaction. Convera serves more than 30,000 customers ranging from small business owners to enterprise treasurers to educational institutions to financial institutions to law firms to NGOs.

Our teams care deeply about the value we bring to our customers, which makes Convera a rewarding place to work. This is an exciting time for our organization as we build our team with growth-minded, result-oriented people who are looking to move fast in an innovative environment.

As a truly global company with employees in over 20 countries, we are passionate about diversity; we seek and celebrate people from different backgrounds, lifestyles, and unique points of view. We want to work with the best people and ensure we foster a culture of inclusion and belonging.

We offer an abundance of competitive perks and benefits including:

• Market competitive monthly gross salary
• The opportunity to earn an annual bonus
• Great career growth and development opportunities in a global organization
• A flexible approach to work / hybrid working 50/50
• Generous insurance (health, disability, life) and retirement programs
• Paid holidays, time-off and leave policies for life events (maternity, paternity, etc)
• Paid time off for volunteering / charity work (5 days / year)

There are plenty of amazing opportunities at Convera for talented, creative problem solvers who never settle for good enough and are looking to transform Business to Business payments.

Apply now!

#LI- EW2