Senior Regulatory Compliance Manager, GoCardless
£61.6-92.4k
Please note that whilst we strive to offer competitive compensation, our approach is to pay between the minimum and the mid-point (£ 61,600 - £ 77,000 (gross)) of the pay range until performance can be assessed in the role. + Equity
Making payments easier for everyone
Posted today
Making payments easier for everyone
501-1000 employees
Posted today
£61.6-92.4k
Please note that whilst we strive to offer competitive compensation, our approach is to pay between the minimum and the mid-point (£ 61,600 - £ 77,000 (gross)) of the pay range until performance can be assessed in the role. + Equity
501-1000 employees
Company mission
To become the world’s bank payment network.
Role
Who you are
- We’re looking for someone with experience in a regulated financial institution, who is passionate about moving to a fast-paced fintech
- Have worked in the world of regulation - within a compliance function, consultancy, or a regulator. You have a track record with FCA Regulated firms
- You are well versed with communicating with the FCA and ASIC (ASIC would be valuable but not essential)
- Have experience in delivering change and interaction with various senior stakeholders
- Have experience of regulatory regimes in ANZ, but not essential
- Have strong communication skills both written and verbal
- Like keeping to deadlines, even when you set them yourself
- Have got good operational knowledge of implementing new regulatory requirements, from policy drafting to providing advice
- Enjoy finding and implementing new tools and technologies to drive efficiencies
- Savour a challenge, don’t get disheartened easily and drive projects through to completion
- You are easy to work with, and want to work in a fun, fast-growing but demanding young company
- You are able to work independently and in a fast paced environment
- 4-6 years of experience in the regulatory compliance space
What the job involves
- You’ll be someone who enjoys driving processes through from design to conclusion, taking a proactive approach to getting on top of all existing obligations with all existing licences
- You will have a great head for project management and organisation, being comfortable working both independently and with close supervision, to get the input you need from different stakeholders to support the Regulatory Compliance Team’s overall deliverables
- You’ll play a key role in helping to manage regulator interactions and support critical projects, facilitating entry into new markets at a cutting-edge, dynamic and high-growth fintech company
- We’re approaching ‘Risk’ in Financial Services in a new way
- We are ready to serve everyone, if we wanted to - we ensure Risk does not constrain the business but empowers it to achieve its goals
- We aim to automate as much as we can- we don’t like inefficiencies nor do we believe that real risk mitigation is achieved by throwing people at the problem; and
- We create the best possible customer experience - we want our customers (both internal and external) to look forward to going through our processes.
- The Risk teams are at the forefront of GoCardless’ expansion
- We must ensure that GoCardless adopts, implements and maintains forward-thinking and appropriate processes and controls, often coming across new challenges or issues that require innovative solutions
- Obtain and maintain all requisite licences and authorizations (including managing of changes in scope of products and org)
- Manage all regulatory reporting to the regulators (FCA,PSR,ASIC,HMRC) and notifications and act as custodian to keep records of all correspondence between regulators or external advice providers
- Manage regulatory examinations and audits
- Conduct horizon scanning and update the regulatory obligations register
- Engage regulators where appropriate and conduct outreach activities
- Support corporate governance as necessary for the regulated entities to maintain good standing and meet obligations
- Provide oversight over key processes run by other affiliates to ensure that they have been designed and are operating effectively
- Conduct regulatory assessments with a view to identifying regulatory risks and path to compliance
- Provide effective reporting to support the board of directors and executive management team in exercising effective oversight of the company’s compliance operations
- Provide training where appropriate
- Develop comprehensive regulatory strategy for UK/ANZ that is fit for GoCardless’ business and strategic objectives
- Lead our Consumer Duty Program
Our take
GoCardless has emerged to facilitate recurring payments, with a focus on streamlining the subscription economy. After securing $75M in 2019 for international expansion, the company now operates in over 30 countries, processing over $130B annually across more than 2500 for 100,000 businesses.
Recent advancements include the acquisition of Nordigen in 2022, enabling GoCardless to leverage OpenBanking functionality and establish a robust platform for direct bank-to-bank payments. The company also achieved an impressive $312 million in Series G funding in 2022. With a strategic eye on the future, GoCardless introduced GC Embed, a white-labeling product granting other payment providers access to its premier bank payment platform.
This success is underscored by the company's commitment to innovation, exemplified by its 2019 partnership with TransferWise, integrating foreign exchange rates into its services. GoCardless continues to evolve, navigating the complex landscape of recurring payments and staying ahead of competitors like Stripe and Square, who are beginning to enter the subscription economy. With a global footprint spanning the UK, France, the US, and ANZ, GoCardless remains at the forefront of reshaping how businesses manage and process recurring payments on a massive scale.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
Opportunities to learn
"I love that we have an environment of trying new things and if it doesn't work, it's okay, as long as you learn from it. This has enabled me to..."
Funding (last 2 of 9 rounds)
Feb 2022
$312m
SERIES G
Feb 2021
$105m
SERIES F
Total funding: $634.3m
Company benefits
- Enhanced maternity, paternity and shared parental pay
- 27 days holiday (excl. bank holidays)
- Work-away scheme
- Health insurance
- 4 additional wellbeing days off per year
- Equity grant for all permanent employees
Company values
- Start With Why: We believe you can only do a job properly when you know why you are doing it. Understanding why we care about the problem motivates us to keep going until we’ve solved it
- Make it Happen: We work with urgency, and take personal accountability for getting things done in pursuit of our vision.
- Care Deeply: We care deeply about our impact on the world and those around us
- Act with Integrity: We do what’s right even when no one is watching. We don't see doing the right things as a choice — we act with integrity regardless of the cost
- Be Humble: We act without ego and don’t let excuses get in the way of achieving our goals. We believe life's too short for self-importance
Articles
Leadership
Hiroki Takeuchi
(Co-Founder & CEO)Hiroki and Matt met when they were consultants. They started GoCardless during Y Combinator. Hiroki was previously a Business Analyst at McKinsey & Company.
Matt Robinson
(Co-Founder & Board Member)Started company supplying waiters to events while at school, before joining McKinsey. Founded Nested Estate Agents in 2015 where they currently serve as CEO.
People progressing
Beccy joined GoCardless as a Sales Development Representative in May 2018 and has since had 3 promotions to become Senior Manager.
Steph joined GoCardless as an Intern in the Compliance team 4 years ago and she's now the Manager of the team.
Diversity, Equity & Inclusion at GoCardless
Lena Tailor (Director of D&I)
- Given the large number of hires we have been making in recent months, we have continuously reviewed both our hiring processes and channels to eliminate bias. We’ve introduced programs that attract diverse talent and we continuously seek to create hiring experiences that are fair, transparent and accessible by all
- We are working on creating a transparent framework for how we grow and develop talent in a scaling organisation. This will include bringing more clarity on internal career opportunities and provide clear expectations on the behaviours we want to see aligned to our values and commitment to building an inclusive organisation
- We have introduced systematic processes to help ensure compensation decisions are data-driven, fair and competitive. We have also invested in Reward capability and expertise to ensure we bring pay equity into every step of the employee journey
- Thanks to these employee-led groups we have been able to further our efforts in voluntary diversity data collection this year, to develop support for parents and carers, offer community mentoring opportunities in partnership with Career Accelerator, help to raise awareness and empathy during significant events of the past year, and importantly, offer more employees a community of people with whom they share experiences and interests
- To strengthen our commitment to D&I we have recently appointed our first Director of Diversity & Inclusion, an experienced culture change leader, which will allow us to have a more strategic and systematic approach to building a diverse and inclusive organisation for the long term and as we scale
- The Director will work with the executive team and ERGs to define clear D&I targets that GoCardless will commit to achieving over the next three years, and to develop a structured roadmap of initiatives aligned with those targets
- This will create greater clarity and accountability across the entire organisation on D&I progress
- We’ve got a long way to go, but here’s how we’re doing as of June 2022 - Female Employees - 46% - Ethnic background - 32% - Identify as LGBTQIA - 10% - Neurodivergent - 9%
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