Vinted

Risk and Internal Control Manager, Vinted Pay

Luxembourg, Luxembourg Full Time

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. Our backers include Accel, EQT Growth, Insight Partners, Lightspeed Venture Partners, Sprints, and TPG.

Information about the position 

Vinted Pay is embarking on a strategic initiative to evolve into a comprehensive, revenue-generating, multi-service financial platform that supports Vinted's mission of promoting second-hand as the preferred choice. Within this context, we are focusing on establishing our payment operations in Luxembourg to fortify our business presence in the EU.

The Risk Manager will be instrumental to this endeavour, providing leadership and expertise in navigating regulatory landscapes and ensuring adherence to the CSSF requirements. This role is vital as we pursue an Electronic Money Institution (EMI) license, and later to ensure sound risk management process, compliance with regulation and progress on our mission-critical projects.

In this position, you’ll 

  • Lead the reinforcement and review of operational risk mapping:
    • Describe the organisation's business processes, working closely with the business
    • Identify significant operational risks and assessing their potential impact
    • Identify proper risk management measures and controls
    • Organise and perform when needed the periodic review of processes and risks
  • Coordinate the internal controls plan and internal controls execution for the entity, coordinating with other risk management experts and with process owners within the organisation; you will also leverage on the Group risk management tools and align with its processes
  • Improve operational risk management processes by reinforcing procedures and issuing opinions and recommendations
  • Coordinate operational risk analyses as part of the implementation of new projects or products, including in the context of outsourcing services.
  • Monitor operational risk incidents for the entity, in coordination with the Group teams, support incidents management processes within the Group
  • Create operational risk dashboards and indicators for risk supervision and information purposes, to be shared with the business and with the management
  • Own the entity's policies and procedures relating to operational risk management, internal control and update them in coordination with your peers within the Group
  • Own the reporting of the entity for your operational risk and internal controls

About you 

  • Seasoned Risk management professional in the financial sector, ideally in PSP, fintech or C2C marketplace environments, or in banking environments.
  • Track record in supporting interaction with the Board of Directors and with regulators and auditors.
  • Policy builder & operator – you’ve written and rolled out end‑to‑end Risk management frameworks, monitoring plans and training programmes.
  • Effective, clear, candid communicator who can translate regulation into understandable and actionable principles; make complex things seem easy
  • Pragmatic orchestrator, capable of adapting regulations and best practices to operational constraints and influencing change.
  • A strategic mindset for your function, enabling the adaptation of operations to align with business strategy and regulatory demands.
  • Empathetic leader
  • Fluent in English (French or German a bonus).
  • Integrity and a passion for sustainable, tech‑led innovation.
  • Able to adapt to changing priorities and requirements.

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
  • A personal monthly budget for shopping on Vinted
  • The opportunity to spend up to 90 days per year - 21 of which can be spent working outside of the EU - on workation
  • A dog-friendly office

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.