Director of Product, AML & Fraud Prevention (Vinted, UAB)

Job description:
At Vinted we are devoted to making second-hand the first choice worldwide. Vinted Pay is the regulated payments entity that makes it possible through enabling Vinted users to spend money, receive money, keep money and payout, while keeping them safe from financial crime.
We are establishing a new AML & Fraud Prevention product domain within Vinted Pay. As a regulated financial institution operating across Europe, our obligations grow as we grow: anti-money laundering and counter-terrorist financing controls, sanctions screening, KYC, transaction monitoring are protecting our members and our balance sheet from fraud and other illegal activities. Today these capabilities sit across several teams and tools. This domain will own them end to end, and turn financial crime prevention into a mature product: controls that satisfy regulators without adding friction for the honest majority.
This is a newly created domain. As its leader you will work with your functional peers (Engineering, Data, Design) to assess the status quo and construct the long-term vision. You will be responsible for setting domain goals, delivering on already identified opportunities, hiring, and executing the product vision.
You’ll report to the leader of Engineering/Product/Design/Analytics at Vinted Pay, and partner with Product Directors across Vinted Pay and the wider marketplace, as well as with our Compliance, Legal, Risk, Risk Operations, Engineering, Design and Analytics functions.
Drive and align the AML & Fraud Prevention domain on a single, unified vision, expressed through measurable objectives and key results
Own the product roadmap across AML/CTF, sanctions and PEP screening, KYC, transaction monitoring and fraud prevention, build alignment across product teams, cross-functional partners and the leadership
Partner with our MLRO, Compliance, Risk and Legal teams to translate regulatory obligations into product requirements and make the case for automated solutions where manual controls are in place
Manage multiple competing objectives and provide clarity to the delivering organisation
Use and analyse data to size risk, identify product opportunities, and build the right capabilities at the right time
Own build-vs-buy decisions, then assess and collaborate with the vendors in building and maintaining AML/Fraud prevention solutions
Get ahead of regulatory change: the EU AML package and AMLA, PSD3/PSR, evolving sanctions regimes, rather than reacting to it
Build, mentor, lead and scale a team of Product Managers
Implement best in class product development and managerial practices
Requirements:
7+ years of experience in product management, with a substantial part of it in AML, financial crime, compliance, risk or fraud, ideally at a regulated financial institution, e-money institution, PSP, bank or fintech
4+ years of developing people and managing teams, including Product Managers
Deep working knowledge of the AML domain: KYC and identity verification,…