Key Responsibilities
1. Oversee the Company’s overall financial management, accounting, budgeting and financial planning functions.
2. Monitor and ensure ongoing compliance with the initial capital and own funds requirements applicable to electronic money institutions under Ley 21/2011, de 26 de julio, de dinero electrónico and its implementing regulation, Real Decreto 778/2012.
3. Ensure the safeguarding of client funds in segregated accounts in accordance with Ley 21/2011 and the Banco de España’s safeguarding requirements, including daily reconciliation and monthly compliance reporting.
4. Prepare and submit periodic prudential, statistical and own-funds returns to the Banco de España within the required deadlines.
5. Manage relationships with banking partners, external auditors and the Banco de España on financial and prudential matters.
6. Lead the annual budgeting process, financial forecasting, and management reporting to the CEO and the Board.
7. Coordinate the statutory audit process and ensure the timely preparation of audited annual accounts in accordance with Spanish GAAP/IFRS.
8. Support capital planning, liquidity management and stress-testing exercises, including contribution to the Company’s ICAAP-equivalent self-assessment.
9. Maintain robust internal controls over financial reporting, fund movements and payment authorisations.
10. Maintain up-to-date knowledge of relevant regulations (Ley 21/2011, Real Decreto 778/2012, PSD2/RDL 19/2018, EMD2) and internal policies.
Qualifications & Experience
1. Bachelor’s degree in Finance, Accounting, Economics or a related field; a professional qualification (e.g. ACCA, CFA, or Auditor de Cuentas / ROAC) is a plus.
2. Minimum 5 years of experience in a senior finance role within a financial institution, electronic money institution, payment institution or bank, preferably in Spain or the EU.
3. Strong knowledge of Banco de España prudential and safeguarding requirements applicable to electronic money institutions.
4. Proven experience managing statutory audits, regulatory reporting, and treasury/liquidity functions.
5. Fluency in Spanish and English; excellent communication and stakeholder management skills.
6. Meets the honourability, knowledge and experience (“idoneidad”) requirements to be registered as an “Alto Cargo” (key function holder) with the Banco de España.
7. Fluency in Spanish and English, Mandarin Chinese is a plus.Key Responsibilities
1. Oversee the Company’s overall financial management, accounting, budgeting and financial planning functions.
2. Monitor and ensure ongoing compliance with the initial capital and own funds requirements applicable to electronic money institutions under Ley 21/2011, de 26 de julio, de dinero electrónico and its implementing regulation, Real Decreto 778/2012.
3. Ensure the safeguarding of client funds in segregated accounts in accordance with Ley 21/2011 and the Banco de España’s safeguarding requirements, including daily reconciliation and monthly compliance reporting.
4. Prepare and submit periodic prudential, statistical and own-funds returns to the Banco de España within the required deadlines.
5. Manage relationships with banking partners, external auditors and the Banco de España on financial and prudential matters.
6. Lead the annual budgeting process, financial forecasting, and management reporting to the CEO and the Board.
7. Coordinate the statutory audit process and ensure the timely preparation of audited annual accounts in accordance with Spanish GAAP/IFRS.
8. Support capital planning, liquidity management and stress-testing exercises, including contribution to the Company’s ICAAP-equivalent self-assessment.
9. Maintain robust internal controls over financial reporting, fund movements and payment authorisations.
10. Maintain up-to-date knowledge of relevant regulations (Ley 21/2011, Real Decreto 778/2012, PSD2/RDL 19/2018, EMD2) and internal policies.
Qualifications & Experience
1. Bachelor’s degree in Finance, Accounting, Economics or a related field; a professional qualification (e.g. ACCA, CFA, or Auditor de Cuentas / ROAC) is a plus.
2. Minimum 5 years of experience in a senior finance role within a financial institution, electronic money institution, payment institution or bank, preferably in Spain or the EU.
3. Strong knowledge of Banco de España prudential and safeguarding requirements applicable to electronic money institutions.
4. Proven experience managing statutory audits, regulatory reporting, and treasury/liquidity functions.
5. Fluency in Spanish and English; excellent communication and stakeholder management skills.
6. Meets the honourability, knowledge and experience (“idoneidad”) requirements to be registered as an “Alto Cargo” (key function holder) with the Banco de España.
7. Fluency in Spanish and English, Mandarin Chinese is a plus.
Job Type: Full-time
Pay: From 70,000.00€ per year
Work Location: In person
