Head of Compliance, Unlimit
UK Region
3-5 days a week in office (Central London, UK)
Global payments solution provider
Be an early applicant
Global payments solution provider
501-1000 employees
Be an early applicant
3-5 days a week in office (Central London, UK)
501-1000 employees
Company mission
To prodive innovators with a convenient and simple financial interface that enables payments to flow freely and invisibly across borders.
Role
Who you are
- 5+ years of experience in compliance function within FCA-regulated firms or similar payments/FinTech environments
- Proven experience as Head of Compliance or Senior position within a compliance function
- Familiar with and in-depth understanding of applicable regulations and guidelines including, but not limited to, Electronic Money Regulations (EMRs), Payment Services Regulations (PSRs), FCA Handbook
- Excellent communication, leadership, and stakeholder management skills
- Ability to assess regulatory requirements and provide advice to Executive Management and other stakeholders
- Strong risk-based approach on compliance related matters
- Strong time management skills and able to meet strict deadlines (both internal and external)
- Professional qualifications, such as ICA, ACAMS or equivalent, are desirable and will be considered as a plus
What the job involves
- We are seeking an experienced and dynamic Head of Compliance (UK Region) to lead the compliance function of our FCA licensed and regulated Electronic Money Institution
- The successful candidate will play a key leadership role in ensuring full and ongoing compliance with all applicable laws, regulations, and guidelines/requirements issued/set by the FCA and/or other relevant bodies
- This role involves designing, implementing, and continuously improving the firm’s compliance framework and internal controls, reflecting regulatory requirements and developments, as well as the best industry practices
- Develop, implement, and maintain a robust compliance framework in line with applicable regulations and FCA guidelines/requirements
- Draft, review, and update policies and procedures in line with regulatory requirements
- Monitor regulatory developments and assess their impact on business operations, and provide relevant analysis and advice to Executive Management and other stakeholders
- Lead the firm’s compliance monitoring programme and internal audits
- Maintaining the firm’s relationship with the FCA, through regular regulatory reporting (preparation and submission), ad hoc notifications and general communication
- Act as the firm’s main contact person in relation to queries of regulatory nature from other authorities and/or third parties
- Liaise with external advisors and auditors as needed
- Providing guidance and support on firm’s banking/membership (e.g. card schemes) applications as needed
Salary benchmarks
Our take
Unlimit, formerly Cardpay, offers a large portfolio of financial services, including payment processing, Banking as a Service (BaaS), and an on-ramp fiat solution for crypto, DeFi, and GameFi. The company’s offering spans Europe, the UK, LatAm, APAC, India, and Africa and provides financial solutions to deliver solutions that eliminate financial borders.
For regions of the world like Latin America, payments are not yet digitised. In countries such as Brazil, there is a huge reliance on domestic payment solutions on account of the large unbanked segment of the population. Close to 44% of its total population doesn’t have a bank account. As a result, they rely on solutions like Boleto which is paper slip with a barcode or electronic voucher which can be scanned at any corner shop.
Traditionally banks have failed to satisfy the fast and booming online markets outside of Europe and the US, leaving an opportunity for digital-first, global payment processing companies. As a result, there is fierce competition in the space. However, Unlimit is rapidly gaining pace through the acquisition of Latin American Picpay and partnerships with Asian cross-border digital payment company Alipay+ and Tron Blockchain.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
25% employee growth in 12 months
Company
Company HQ
City of London, London, UK
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