Regulatory Risk and Compliance Manager, Tide
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Office located in Old Street, London
Business accounts for SMEs
Open for applications
Business accounts for SMEs
1001+ employees
Open for applications
+ Share options
Office located in Old Street, London
1001+ employees
Company mission
Tide's mission is to transform the business banking market, and to save SMEs time and money.
Role
Who you are
- At least 7+ years of experience in Compliance, Regulatory Risk, or Risk Management at a senior level within financial services
- Strong expertise in FCA, PSR, EMI and general Payment regulations, including the FCA handbook (e.g. BCOBS, SYSC, PRIN) Safeguarding, the Consumer Duty, SMCR regulations, GDPR, PSD2 and related frameworks
- Direct experience interacting with regulators, handling responses, managing notifications, and supporting regulatory inspections, audits, and thematic reviews
- Proven track record in regulatory submissions, licence applications, and reporting, ensuring compliance with FCA requirements
- Experience in oversight functions, monitoring key risk indicators (KRIs), and providing Compliance Advisory on new initiatives, products, and services
- Background in Banking, FinTech, Payments/E-Money firms, or Regulatory Consultancy
- Experience working with firms under the FCA regulations
- Ability to interpret complex regulations, research requirements, and advise internal stakeholders on compliance matters
- Proactive problem solver with a strong sense of ownership and accountability in resolving compliance challenges
- Exceptional organisational skills, managing multiple projects, deadlines, and regulatory engagements effectively
- Meticulous attention to detail, with strong drafting, analytical, and risk assessment skills
- Fluency in English (mandatory); German and/or French is a plus
What the job involves
- As a Regulatory Risk & Compliance Manager - UK, you will play a vital role in ensuring Tide complies with the evolving regulatory requirements set by the FCA and other regulators
- You will be responsible for identifying, assessing, and mitigating regulatory risks, while ensuring that Tide’s compliance frameworks are embedded across the business
- Working closely with teams across the organisation, including Product, Member Operations, Payments, Marketing, Legal and Finance, you will provide expert advice on regulatory developments, lead compliance initiatives, and integrate regulatory requirements into our day-to-day operations
- As the subject matter expert on particular regulations, you’ll help to steer decisions, impact strategies and support the rest of the team and business
- At Tide, you’ll be able to work in a fast-paced environment, with cross-team exposure, inquisitive freedom and the ability to impact how Tide conducts its business
- Execute the Compliance Monitoring Plan, taking ownership of monitoring activities, addressing findings, and engaging stakeholders as needed
- Research regulatory developments in the UK, assess their impact, and advise on necessary actions
- Manage regulatory submissions, including licence applications, periodic reports, and responses to regulatory information requests
- Ensure accurate and timely regulatory reporting by working closely with business areas and conducting oversight checks where required
- Provide regulatory guidance on product and service development, conducting compliance assessments for new initiatives
- Maintain and update compliance policies in line with UK and FCA regulations, tracking required refresh cycles
- Support the Regional Lead of Risk & Compliance and the Global Head of Compliance & Conduct Risk in regulatory engagements, strategic planning, and governance
- Lead and actively participate in the Regulatory Risk & Compliance working group, ensuring key issues are identified, addressed, and escalated
- Act as a liaison for external partners and service providers on oversight requests and regulatory expectations
- Coordinate and deliver compliance and risk-related training across the business
- Collect and prepare MI for internal governance reporting and external regulatory submissions
- Track regulatory deadlines, file submissions, maintain a log of regulatory interactions, and prepare for meetings and inspections with the FCA and other authorities
- Engage with internal teams to respond to compliance-related requests and regulatory inquiries, ensuring cross-functional alignment
- Work closely with the 1LOD to remediate regulatory oversight findings and enhance controls
- Identify, assess, and monitor regulatory risks, ensuring appropriate mitigation measures are in place
- Support internal and external audits, participate in compliance reviews, and oversee effective remediation of findings
Salary benchmarks
Our take
Small businesses and sole traders are still underserved by most traditional banks. Tide solves that problem by offering speedy, affordable and effective financial services tailored to SMEs.
Since its launch Tide has gained considerable traction among small businesses. This is largely thanks to their fast onboarding times, low fees and the diversity of their products, which include a number of accountancy tools. Headed up by a former RBS, C&A and Optanus executive, Tide is uniquely positioned within the financial services market.
Having built a strong user base of over 500,000 in the UK, Tide has since launched in India, where it has an additional 50,000 users. Through further expansion into Europe and continual addition of 'first-of-its-kind' features, Tide is well set to secure a larger market share.
Freddie
Company Specialist at Welcome to the Jungle
Insights
40% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Jan 2023
$24.7m
GROWTH EQUITY VC
Jul 2021
$100m
SERIES C
Total funding: $289.4m
Company benefits
- Discounted gym membership
- Personal learning and development allowance
- Enhanced family friendly leave
- Paid volunteering and charity work days
- Cycle-to-work scheme
- Option to buy extra holiday, or take a sabbatical
- Work from home opportunities
- Health insurance
- Flexible working
- Breakfast, snacks and hot drinks
- Private healthcare cover
- CBT and subsidized mental health apps
Company HQ
City of London, London, UK
Leadership
Dr Oliver Prill
(CEO, not founder)Started out as a consultant at McKinsey. Previously served as CEO of both C&A Bank and Optanus, and was COO of Kreditech Holding.
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