Director of Product, AML & Fraud Prevention
Brief info about Vinted
Our mission is to make second-hand the first choice, and we're looking for people who want to help us get there. Every day, we work together to help our members buy and sell pre-loved clothing and lifestyle items, giving each piece a second life – or even a third.
The Vinted Group is made up of three business units that support this mission:
Vinted Marketplace is Europe’s leading platform for second-hand fashion and a go-to destination for all kinds of pre-loved items, with a growing range of categories. Our platform connects millions of members across 20+ markets, helping great items find a new life.
Vinted Go enhances the shipping experience with a vast network of over 500,000 pick-up and drop-off points, partnering with more than 60 carriers across Europe, with added services like item verification for peace of mind on high-value pieces.
Vinted Pay is the newest part of the Vinted Group, dedicated to bringing secure, reliable payments to buyers and sellers across Europe. Seamlessly integrated into the Vinted app, it helps keep every transaction safe, efficient, and easy for our members.
Founded in 2008 in Lithuania, Vinted began as a way for friends to find new homes for clothes they no longer needed. In 2019, we became Lithuania's first unicorn! Today, our headquarters remain in Vilnius, and we've grown with offices across Europe, supported by a team of over 2,000 people.
Information about the position
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.
In this position, you’ll
- 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
About you
- 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, customer risk scoring, sanctions and PEP screening, transaction monitoring and alert handling, SAR/STR reporting, and the regulatory frameworks behind them (EU AML directives and the AML package, national transpositions, FATF standards)
- Hands-on experience with fraud and scam prevention: detection models and rules engines, account takeover controls, chargebacks and disputes, and the trade-off between loss reduction and false positives
- A proven track record of successful product launches (at least two substantial projects with a 6–9 month minimum duration)
- Comfortable operating in a regulated environment: you have worked alongside compliance officers, internal and external auditors and supervisors, and you know how to move quickly without creating regulatory exposure
- Able to deliver from 0 to 1, and not afraid to build your own tools to achieve your goals
- Exceptional leadership skills and substantial experience building high-performing teams of 10+, ideally not only in product (and we’d expect your former teams to still be singing your praises!)
- Significantly above-average business acumen, analytical skills and long-term planning skills
- Both quantitative and qualitative: able to assess and understand complex systems quickly, to integrate usability studies, research and market analysis into product requirements, and to be a product ambassador to the rest of the organisation
- Well organised, with a collaborative attitude and a strong sense of ownership
- An excellent communicator, including in written and spoken English
Work perks
- The opportunity to benefit from our share options programme
- 25 days of paid annual leave
- Newest MacBook models
- Digital mental and emotional health support and Employee Assistant Program (EAP)
- Frequent team-building events
- Home office support: we provide IT workstation equipment and a personal budget of up to €540 for home workplace furniture
- Lunch benefit per working day
- Access to a discounted gym membership plan
- A personal monthly budget for shopping on Vinted
- Comprehensive Medical Insurance
- Group Life and Income Protection Insurance
- A matched pension scheme up to a set limit.
- The opportunity to spend up to 90 days per year - 21 of which can be spent working outside of the EU - on workation
- Pension plan with the opportunity to choose your contribution percentage, and Vinted will match it up to a set limit
Working at Vinted
Individual Learning Budget
We invest in your professional growth! As part of our commitment to continuous learning, we offer an annual learning budget to support your personal and career development through courses, certifications, workshops and more.
Hybrid Work
We’ve adopted a hybrid workplace model where 2 days in the office are recommended but not enforced. It’s up to you and your team to decide on the exact days you’ll spend working together in person.
Equal Opportunity
The Vinted Group is committed to building an inclusive workplace where people from all walks of life feel a sense of belonging. We welcome applications from people of all backgrounds, identities and life experiences. At Vinted, all applicants are treated fairly without regard to their race, age, religion or belief, sex, national origin, citizenship, gender identity, sexual orientation, disability, or any other protected characteristic.