Head of Legal and Compliance, Crezco
£70-110k
Payments made easy for SMEs
Open for applications
Payments made easy for SMEs
21-100 employees
Open for applications
£70-110k
21-100 employees
Company mission
To be creative, think intelligently, work as a team and employ the best technology to reduce trade frictions and help companies grow.
Role
Who you are
- Track record of building and establishing efficient processes and procedures
- 5+ PQE years working at a regulatory payments / fintech scale-up with strong existing knowledge of financial crime risk management, know-your-customer / business (KYC/B) checks, transaction monitoring, and sanctions screening
- Excellent academic and law firm credentials
Desirable
- Experience working with product and engineering teams
- Direct experience working with regulators on license applications
- Senior management and leadership experience
What the job involves
- E-Money license application: Crezco is presently regulated as an API, but a key outcome will be successfully managing Crezco’s EMI license application with the UK FCA
- Legal & compliance policies and procedures: ensuring Crezco adopts and/or implements the correct legal/compliance policies and procedures that include, but are not limited to, the following: AML policies, data protection rules, privacy policies, employment contracts, various terms & conditions, engagement letters, customer agreements, shareholder agreements and articles
- Regulatory reporting and requirements: leading Crezco’s second line of defence to ensure compliance with applicable laws and standards, while actively engaging with the FCA as a key stakeholder in Crezco’s future
- Third-party banking partner engagement: Crezco partners with various third-party financial institutions, the role will require actively engaging with existing partners and potential new partners, to ensure our products and services are recognised for their compliance excellence
Application process
- Initial call with CEO (25 mins). Our CEO asks a fixed list of questions to every candidate
- A technical / role-based interview with the CEO, Head of Customer Operations and/or Chief of Staff. You will be sent some questions ahead of the interview to help you prepare your answers (50mins)
- Crezco value alignment call with a Crezconaut (20mins)
- Minimum two professional reference requests (CEO would like to speak with two prior managers)
Our take
Open banking FinTech Crezco wants to make invoice payments as convenient and cheap as B2C card payments. Compared to typical software companies, FinTech hasn’t historically scaled at zero marginal cost. Open banking solves this paradox.
Crezco provide a free payment API using open banking rails across UK and international markets for B2B payments such as invoice payments as convenient as B2C card payments, without the costs collected by companies like Visa and MasterCard.
Crezco are integrated into accountancy platforms Xero and QuickBooks as well as other leading B2B platforms for invoice payments. There is stiff competition in the payments industry from the likes of GoCardless and Stripe. Looking ahead the company plans to further expand its services to bring more value to its customers.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
Company
Employee endorsements
Autonomy
"At Crezco you're trusted to get on with your work and 'be an adult' about things. Especially when working remotely this is invaluable as a developer..."
Funding (2 rounds)
Nov 2023
$12m
SERIES A
Sep 2021
$3.8m
ANGEL
Total funding: $15.8m
Company benefits
- You will receive equity in the business
- We support hybrid and remote working
- We will provide private health insurance
- You will receive 25 days of holiday plus bank holidays a year
- In addition to our team socials & meals, we do annual off-sites to build camaraderie!
- We offer pension contributions
- We offer a cycle to work scheme
Company values
- Customer Centric
- Collaborative
- Human
- Innovative
- Outcome Driven
Company HQ
Kensington, London, UK
Articles
Leadership
Ralph Rogge
(CEO)Previously COO of YouLend with experience in finance at Allianz and Rogge Global Partners.
Diversity, Equity & Inclusion at Crezco
Celin Phoen (Chief of Staff)
- At Crezco we are a human-centric company. Being empathetic and understanding is core to how we function as a company, and as such we believe people matter - regardless of their age, background, gender, orientation, ethnicity, disability, or religion.
- We work to create a culture of inclusivity and ensure everyone feels welcome at Crezco - and we strive to do this whether you're there in person or remote!
- We recognize that to be truly inclusive & diverse, this culture needs to come not just from the top, but from everyone at Crezco.
- We fundamentally believe that when people from different backgrounds come together, they bring different viewpoints and experiences to the table. All of this helps us make the most creative and complete decisions at the company, and ultimately drive the best outcomes for the team!
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