Compliance Specialist

About Us

Wallester is a cutting-edge financial technology company that specializes in providing innovative solutions for businesses seeking to modernize their payment systems. By offering white-label card issuance platforms, seamless integration with existing infrastructure, and comprehensive support for both digital and physical cards, Wallester empowers companies to enhance their financial services and customer experience. Recognized as a leader in the FinTech space, Wallester has earned a reputation for its state-of-the-art technology, security, and scalability. Whether you are a startup or an established enterprise, Wallester delivers flexible, reliable solutions tailored to meet the evolving needs of the digital economy.

Key Responsibilities

Compliance Monitoring & Controls

• Support the operation of Wallester’s Compliance function in accordance with the company’s compliance governance framework.
• Conduct compliance monitoring activities and internal controls in accordance with the Compliance monitoring framework and assigned areas of responsibility.
• Identify, assess and report compliance risks and potential deficiencies.
• Document control findings, propose appropriate remediation measures and follow up on agreed corrective actions.
• Support the implementation and monitoring of measures designed to mitigate identified compliance risks.

Regulatory Compliance

• Monitor and interpret applicable laws, regulations, regulatory guidelines and relevant payment scheme requirements.
• Conduct regulatory gap analyses and assess the impact of new or amended requirements on Wallester’s products, services, systems and internal processes.
• Translate regulatory requirements into practical compliance requirements and support their implementation across the organisation.
• Identify and assess risks arising from actual or potential non-compliance.

Risk Assessments & Business Advisory

• Conduct compliance risk assessments of new and existing products, services, business projects and third-party arrangements.
• Provide proactive compliance advice and support to business functions during the development or modification of products, services and processes.
• Participate in cross-functional projects and ensure relevant compliance considerations are identified and addressed.

Policies & Procedures

• Develop, review and maintain compliance-related policies, procedures, methodologies and other internal documentation.
• Support the timely implementation of regulatory changes within Wallester’s internal regulatory framework.
• Review business processes and internal documentation from a compliance perspective and provide recommendations where necessary.

Regulatory Reporting & Communication

• Support the Head of Compliance and other relevant stakeholders in responding to requests from supervisory authorities, auditors and other relevant external parties.
• Assist with the preparation of regulatory responses, reports, notifications and supporting documentation.
• Collect, analyse and structure information required for compliance reporting and regulatory engagements.
• Clearly communicate compliance findings, risks and recommendations to relevant stakeholders.

Training & Awareness

• Develop and maintain compliance training and awareness materials.
• Support or deliver internal training on relevant regulatory and compliance topics.
• Ensure relevant stakeholders are informed about material regulatory developments, new compliance obligations and applicable best practices.

Cross-functional Collaboration

• Establish and maintain effective working relationships with Legal, Risk Management, AML, Information Security, Product, Operations and other relevant functions.
• Contribute compliance expertise to company-wide initiatives and projects.
• Perform other compliance-related responsibilities assigned by the direct manager.

Requirements

Experience & knowledge

• At least 2 years of previous professional experience in regulatory compliance, financial services, FinTech, banking, payments, legal, risk management or another relevant regulated environment.
• Good understanding of regulatory compliance principles and internal control frameworks.
• Experience in interpreting regulatory requirements and translating them into practical business requirements.
• Experience with compliance monitoring, internal controls, gap analyses, risk assessments, policy/procedure development or regulatory reporting is a strong advantage.
• Knowledge of the regulatory framework applicable to payment institutions, electronic money institutions or other financial institutions is an advantage.
• Familiarity with areas such as payment services regulation, DORA/ICT third-party risk, consumer protection, data protection, outsourcing/third-party management or payment scheme requirements is an advantage.

Skills

• Strong analytical and problem-solving skills, with the ability to understand complex regulatory requirements and assess their practical impact.
• Ability to draft clear, structured and high-quality policies, procedures, assessments and regulatory responses.
• Strong attention to detail while maintaining an understanding of the broader business and regulatory context.
• Ability to independently manage assigned responsibilities, prioritise tasks and meet deadlines.
• Confidence in communicating compliance risks and requirements to stakeholders across different functions and levels of seniority.
• Proactive mindset and willingness to take ownership of compliance matters from identification through to resolution.
• Ability to work effectively in a dynamic environment where regulatory and business priorities may change.

Languages & education

• Excellent written and spoken English.
• Estonian is a strong advantage, particularly for working with local legislation and supervisory requirements.
• Higher education in law, finance, economics, business administration, risk management or another relevant field is preferred.

We offer

• Competitive salary
• Career opportunities
• Medical Insurance upon the completion of the probationary period
• Supportive and caring Leadership
• A modern office in the center of Tallinn
• A chance to work as part of a highly motivated and talented team
• Referral program
• Stebby
• Company Events
• Free parking

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