Booking Holdings (NASDAQ: BKNG) is the world leader in online travel and related services, provided to customers and partners in over 220 countries and territories through six primary consumer-facing brands – Booking.com, KAYAK, priceline, agoda.com, Rentalcars.com, and OpenTable. The mission of Booking Holdings is to make it easier for everyone to experience the world.
Booking Holdings Financial Services (hereinafter “BHFS”) is based in Dublin, Ireland and provides financial services in the form of payment services and e-money products across all the brands. BHFS is committed to conducting its business in compliance with applicable laws, regulations and guidelines, with integrity and to the highest ethical standards.
Booking Holdings Financial Services Ireland, is looking for a Senior Compliance Manager with strong experience from the payments industry to act as a critical partner to our business, helping develop, launch, and enable our mission to deliver a world-class payments operation to support Booking Holdings Inc’s brands globally.
The selected candidate will have the chance to witness firsthand the investment in digital technology that helps take the friction out of travel.
The Senior Compliance Manager will assist in ensuring the business complies with laws, regulatory requirements, policies and procedures across Ireland and EEA business. You’ll report directly to the Chief Compliance Officer. This will be a controlled function role.
Harnessing the strategic vision of the company this role will be responsible for establishing standards and implementing procedures to ensure that the compliance programs throughout the organisation are effective and efficient in identifying, preventing, detecting and correcting noncompliance with applicable laws and regulations and producing useful management information to support the business as it continues to scale. Given the collaborative nature of the business you will be consistently business partnering with the product, operations, engineering and marketing teams to ensure you understand the intricacies of operations.
You will support directly a dynamic organization of executives, legal experts, risk managers, product managers, finance and treasury professionals, software and hardware engineers, designers, deal makers, and operations specialists who are responsible for bringing products to life across Booking Holdings Inc’s global portfolio of brands, and making an impact on millions of travelers per day.
This opportunity represents an exceptional chance to embed yourself with one of the world’s most exciting organisations and help define the future for accessing travel experiences across the world.
The Senior Compliance Manager will be part of the Compliance team and be instrumental in ensuring the organisation meets its strategic objectives under the umbrella of the Booking Holdings Inc family of Brands, with a particular focus on Ireland and EEA.
You will provide assurance to CCO that there are effective and efficient policies and procedures in place, well understood and respected by all employees, and that the company is complying with all regulatory requirements.
The Senior Compliance Manager will:
Act as the CCO Delegate upon request
Management of the Compliance monitoring program
Product Owner for FCRM tool
Act as a deputy to the Money Laundering Reporting Officer (MLRO) in managing the suspicious activity reporting process
Ensure work policies and procedures comply with regulatory requirements
Monitor the adequacy and effectiveness of compliance program and tools (including, AML, Outsourcing, Complaint Management, F&P etc.)
Assist in the development of the annual compliance work plan and update this periodically.
Coordinate internal compliance review and monitoring activities, including periodic reviews of departments.
Assist in preparation of clear and concise Compliance reports for reporting to the Board and Committee’s
Engage and communicate effectively with colleagues, customers, suppliers, regulators, and other internal and external stakeholders
Provide guidance, advice, and/or training and educational programs, to improve business' understanding of related laws and regulatory requirements.
Assist in audits, reviews, and examinations.
Oversee and manage regulatory reporting submissions ensuring that all deadlines are met as required and liaise and follow-up with the business on the firms regulatory reporting obligations where necessary
Maintain oversight and sign off on behalf of compliance on product and marketing material as well as client communications.
Act as subject matter expert on compliance related matters with the business
Lead the design and provide training to the business on Compliance related topics as part of the annual training program.
Demonstrate ethical leadership and business integrity
Actively contribute to embedding and promoting a compliance culture within the firm.
Knowledge and Skills
Minimum 6 years Compliance/Regulatory experience at a senior level, in a regulated financial services business which must include a significant amount of experience in the payments/e-money sector.
Background in law, accounting, finance or related disciplines.
Demonstrated experience dealing with financial services regulators
Knowledge of EU payment and e-money regulations, financial crime regulations and the Sarbanes-Oxley Act (SOX)
Degree in finance, economics, accounting, Law or related field.
CAMS-certification or Professional Diploma in Compliance (LCOI)
Strong knowledge of Irish and EU financial services regulatory frameworks
Knowledge of EEA Anti-Money Laundering Requirements
Knowledge of the Central Bank F&P requirements
Enhance compliance culture within the organisation. Provide the relevant training and regular updates to heighten staff’s compliance awareness.
The ability to prioritise activities and delegate to others both within the business and external partners
Ideally have experience of managing the conduct risk and compliance requirements of internal and external channels
Experience in implementing compliance frameworks at dynamic, scaling and innovative companies with a global reach
Strong knowledge of E2E FCRM Processes, experience with FCRM systems for CDD, Screening and Transaction Monitoring required.