Senior Regulatory Compliance Manager, Equals
UK, Equals Group
2-3 days a week in office
Payments, cards, and expenses, made simple
Be an early applicant
Payments, cards, and expenses, made simple
201-500 employees
Be an early applicant
2-3 days a week in office
201-500 employees
Company mission
To make money management as simple as possible for their customers.
Role
Who you are
- In-depth understanding of UK regulatory frameworks, including the Payment Services 2017 (PSRs), Electronic Money Regulations (EMRs), AML/CTF requirements and GDPR
- Experience drafting and implementing compliance policies and procedures
- Strong analytical and problem-solving skills
- Excellent communication skills across all levels of stakeholders
- Ability to promote the compliance agenda and foster a robust compliance culture across the business
- Familiarity with working in a 3LOD model
- Leadership skills to manage and inspire a team
- Meticulous attention to detail and organisational capabilities
- Relevant certifications (e.g. ICA, CAMS or similar compliance certifications) an advantage
- Minimum of 5-7 years’ experience in regulatory compliance within financial services, preferably in the payment services sector
- Demonstrated track record in working with regulatory bodies such as the FCA, HMRC
What the job involves
- You are a regulatory compliance subject specialist and able to take responsibility for executing regulatory processes and monitoring compliance tasks to a high standard
- You can spot opportunities for strengthening processes and controls and strive to implement and build systems and processes that support a strong compliance culture
- You’re able to influence stakeholders to promote the compliance agenda and can motivate and inspire team members to perform to a high standard
- You will support the Head of Regulatory Compliance in the day-to-day execution of the compliance road map and take the lead on more complex or technically demanding projects
- Regulatory change will be a key focus area for you in this role, and as such you will follow new developments and trends in the regulatory landscape impacting payments firms
- You will work with senior business leaders to ensure a robust application of regulatory compliance controls, operating under the second line model of ‘advise, train and monitor’
- Supporting the Head of Regulatory Compliance in the day-to-day execution of the compliance roadmap
- Providing independent 2nd line ‘review and challenge’ to Equals business units, adopting the ‘advise, train and monitor’ second line model
- Taking ownership of specific items on the Compliance Roadmap/Strategy, ensuring completion of tasks in line with deadlines and escalating any risks of non-completion
- Providing high quality compliance advice to the business on all regulatory matters relevant to Equals businesses
- Supporting the ongoing development of compliance staff through reviewing documentation, proposals and other assets and providing quality feedback on these
- Supporting regulatory engagement in relevant markets where Equals has or is seeking to establish a presence
- Working closely with the other Group Risk and Compliance functions and senior management stakeholders
- Acting as a role model for more junior members of the compliance function
- Co-ordinating the Group’s initial responses to regulatory change matters, and supporting the head to allocate new items to team members
- Developing training material in relation to policies owned by Compliance
- Supporting the delivery of the compliance roadmap, taking ownership of specific activities
- Keeping up to date with regulatory change matters and supervisory themes
- Supporting the identification and management of risks of non-compliance with regulatory requirements
- Supporting, escalating and overseeing the identification and resolution of regulatory incidents as well as reporting relevant incidents to regulatory authorities
- Attending and provide reporting to relevant board/risk committees as required
- Promoting the adoption of a culture that prioritises good customer and regulatory outcomes in Risk and Compliance across the business
- Managing external advisors and assurance providers
- Embody at all times our values of:
- Be the customer
- Succeed together
- Go beyond
- Make it happen
Salary benchmarks
Our take
Born in 2005 out of a desire to use technology to give customers a better deal, Equals' mission is to make money simple for everyone. Founded under the name "FairFX", Equals has been helping customers move and manage their money for years. The company consists of three brands, all working together to provide financial solutions for personal and business customers alike.
Having started as a foreign exchange platform, Equals is evolving into a broader money management platform, moving from originally international payments and travel money towards integrated money management solutions for consumers and businesses. The company covers a number of elements: travel, business expenses, personal finance, and payroll.
Equals has built great customer loyalty, strengthening its position in launching new products and helping it become a dominant force in the payments market. Looking to expand its financial services options for customers and secure its future, Equals agreed to an acquisition by embedded finance platform Railsr, which will be completed in the first half of 2025.
Freddie
Company Specialist at Welcome to the Jungle
Insights
5% employee growth in 12 months
Company
Company benefits
- Contributory pension
- Life assurance
- Health insurance through BUPA
- Our Employee Assistance Programme offers a 24/7 confidential advice line for health, bereavement and other areas of support
- 25 days holiday per year + your birthday off
- We are members of the cycle to work scheme
- We offer Season Ticket Loans
- Free onsite Nuffield Health gym & pool (London) and discounted gym membership elsewhere
- Interbank currency rates on travel money and international transfers
- Opportunities for progression, development and learning new skills
Company HQ
City of London, London, UK
Leadership
Ian Strafford-Taylor
(CEO)Before launching Equals, Ian was one of the founders of FairFX and was appointed a Director in 2007, Ian has also held a number of senior banking roles at Morgan Stanley and UBS.
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