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Commercial Manager – RegTech

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Booking.com

2mo ago

  • Job
    Full-time
    Senior Level
  • Government & Politics
    Business, Operations & Strategy
  • Amsterdam

AI generated summary

  • You need 8+ years in compliance/account management in fintech/regtech, technical knowledge of KYC/POA/KYB, strong regulatory expertise, account management skills, data-driven mindset, and cross-functional collaboration.
  • You will manage vendor relationships, ensure compliance, negotiate contracts, analyze performance, provide regulatory guidance, and drive product improvements while mitigating risks.

Requirements

  • Experience: 8+ years in compliance, account management, or a related field, preferably in the fintech, regtech, or travel sectors. Ideal candidates should have worked in regulated environments.
  • Technical Acumen: Familiarity with the technical architecture and processes involved in KYC, POA, and KYB solutions.
  • Compliance Expertise: Strong knowledge of regulatory requirements, particularly in sectors such as financial services, hospitality, or technology.
  • Account Management Skills: Demonstrated ability to manage complex partner relationships, lead service reviews, and drive alignment with business goals.
  • Data-Driven Approach: Analytical mindset with the ability to interpret performance metrics and drive data-informed decision-making.
  • Cross-Functional Collaboration: Proven success in working with Product, Tech, and Compliance teams to deliver impactful solutions.

Responsibilities

  • Act as the primary liaison between internal stakeholders (e.g., RegTech, Supplier Fraud Teams) and external vendors to optimize KYC, POA, and KYB solutions, ensuring regulatory compliance.
  • Develop and execute commercial strategies with vendors to achieve cost optimizations, expand services, and support Booking.com’s long-term objectives.
  • Negotiate, renew, and manage commercial contracts, ensuring compliance with legal, financial, and operational standards; conduct monthly service reviews and quarterly business reviews (QBRs).
  • Provide expertise on compliance frameworks (e.g., DSA, DMA, DAC7), offering guidance to stakeholders and ensuring alignment with regulatory requirements and market trends.
  • Analyze vendor performance and regulatory trends, delivering actionable insights to improve compliance and partner satisfaction.
  • Represent partner needs internally to drive product and process improvements aligned with feedback.
  • Identify and mitigate potential compliance risks to ensure robust and secure systems and processes.

FAQs

What is the primary focus of the Commercial Manager – RegTech role?

The primary focus is to manage key partner relationships, act as a trusted advisor on compliance requirements, and collaborate with cross-functional teams to optimize systems and processes supporting partner verification and compliance.

What qualifications are required for this position?

Candidates should have 8+ years of experience in compliance, account management, or a related field, with specific expertise in KYC/KYB processes and regulatory compliance.

What type of experience is preferred for applicants?

Preferred experience includes backgrounds in fintech, regtech, or travel sectors, particularly in regulated environments.

Are there any specific regulatory frameworks that knowledge is beneficial for this role?

Yes, knowledge of compliance frameworks such as DSA, DMA, and DAC7 is beneficial for this role.

What does the role involve in terms of vendor management?

The role involves negotiating, renewing, and managing commercial contracts, conducting monthly service reviews, and quarterly business reviews to ensure compliance with legal, financial, and operational standards.

What type of working arrangements does Booking.com offer for this position?

Booking.com offers hybrid working arrangements, including flexible working options and up to 20 days per year working from abroad.

What benefits does Booking.com provide to employees?

Benefits include annual paid time off, generous paid leave schemes, industry-leading product discounts, and unique benefits tailored to Booking.com employees.

How does Booking.com approach diversity and inclusion?

Diversity, equity, and inclusion are core aspects of Booking.com’s culture, aiming to create an environment where individuals from various backgrounds can thrive and contribute to an inclusive travel experience.

Does this role offer relocation assistance?

No, this role does not come with relocation assistance.

What is the application process for this position?

The application process involves submitting an application and participating in interviews, and Booking.com ensures accessibility for candidates with disabilities throughout the process.

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Booking.com

Making It Easier for Everyone to Experience the World

Technology
Industry
10,001+
Employees
1996
Founded Year

Mission & Purpose

A career at Booking.com is all about the journey, helping you explore new challenges in a place where you can be your best self. With plenty of exciting twists, turns and opportunities along the way. We’ve always been pioneers, on a mission to shape the future of travel through cutting edge technology, to make it easier for everyone to enjoy amazing experiences wherever they go. Under a desert sky, or in the heart of a bustling city. Discovering the perfect hideaway, or the perfect paella. When you join us, you’ll be part of a community where taking a different path and trying something new is celebrated and supported. And where making a difference counts. We’re determined to make the world of travel more sustainable, more accessible, and more inclusive, to create a positive impact on a global scale. That’s why we’re always looking for people who search for better solutions, the ones eager to stray off the beaten path to find new ways of doing things. Because at Booking.com it’s more than a job, it’s a journey we’re on together.