Compliance Lead, Plum
Investments
+Stock options
2+ days a week in office
Wealth automation app
Be an early applicant
Wealth automation app
201-500 employees
Be an early applicant
+Stock options
2+ days a week in office
201-500 employees
Company mission
To accompany people on their financial journey and give them the tools to manage, save and invest their money.
Role
Who you are
- 4+ years of experience in a Compliance role overseeing investment products
- Strong knowledge of UK regulations regarding investment products, especially knowledge of CASS and MiFID regulatory requirements (knowledge of EU regulations in this area would also be advantageous)
- Experience with wealth products like ISA (Cash-ISA, S&S ISA) mutual funds and SIPP
- Knowledge of regulatory requirements, such as operational resilience and consumer duty
- Strong analytical skills and attention to detail
- Demonstrate a hands-on approach in a fast-paced environment, with the ability to effectively prioritise tasks to meet deadlines. Work both independently and collaboratively, including managing teams, to ensure assigned tasks are completed efficiently and within established timeframes
What the job involves
- We are looking for a pro-active, highly motivated and ambitious individual to join our Risk and Compliance team as our Lead Investment Compliance Manager with a focus on ensuring that we build and maintain compliant investment products in line with our business strategy and relevant regulations
- Working closely with the Group Head of Compliance, you will get the opportunity to lead the group’s investment activities for our UK entity
- You will be required to communicate and liaise across different teams within the company and also liaise with regulatory bodies where required
- Provide hands-on, expert guidance to the business to support the building of investment products that are compliant and will help our customers achieve their financial goals
- Serve as the lead compliance manager for the firm’s regulated entity in the UK, fulfilling obligations and responsibilities as required by the FCA
- Contribute to broader initiatives within the team, working to strengthen internal controls and compliance frameworks
- Conduct training sessions and promote awareness of regulatory requirements and expectations across the organisation
- Review and provide input on high-risk or complex financial promotions and customer complaints to ensure compliance and fair outcomes
- Lead the development and and assist in the implementation of compliance policies and procedures by engaging in drafting and/or updating them to reflect evolving regulatory requirements. Collaborate closely with key stakeholders to ensure that these policies are practical, effective and seamlessly integrated into the firm’s operations, fostering a robust culture of compliance
- Lead regulatory projects, ensuring that changes are implemented efficiently and in line with evolving requirements
- Continuously assess and offer feedback on how our investment products and services can be improved
- Oversee compliance for investment products and processes through consistent monitoring and reviews, ensuring they operate effectively and deliver positive customer outcomes
- Collaborate closely and effectively with other teams to ensure alignment on compliance objectives and initiatives. Take a proactive role in supporting their development by providing guidance, sharing expertise, and fostering a culture of cooperation and continuous improvement across the organisation
Salary benchmarks
Our take
Consumers are not satisfied with the products being offered by traditional banks, who have proven slow to react to their needs and demands. Plum is one of the increasing number of money management alternatives, offering a platform for users to automate their investments and savings.
The development of fintech in the UK has made the space incredibly competitive, with other companies such as Cleo and Emma trying to solve similar problems. That said, Plum has certainly found its place, with over a million users having downloaded the app. It was also voted Best Personal Finance App at the 2023 British Bank Awards, a testament to its popularity.
After strong performance leading to more than 2 million users across 10 European markets, Plum secured Series B funding which will be used to strengthen its UK product offering. Plum has ambitious plans for the rest of Europe too, having recently launched ETFs for EU customers and partnered up with Eurobank company. Other developments on the platform include the addition of "Watchlists" and "Price Alerts", two features that aim to further empower people by delivering smart notifications and portfolio control.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
35% female employees
7% employee growth in 12 months
Company
Employee endorsements
Flexible working
"Usually going to the office twice a week (since there are really nice perks there too :D). I am also able to work from our offices in Athens and..."
Funding (last 2 of 12 rounds)
Jul 2024
$16.8m
SERIES B
Jun 2024
$2.8m
SERIES B
Total funding: $84.8m
Company benefits
- 25 days paid holidays + UK bank holidays (33 in total)
- We're all in this together! Own part of the company through stock options
- 45 days work from anywhere
- 1 extra day for volunteering
- Our annual team trip, to a secret destination
- Annual training budget
- Free Plum Premium subscription
- Flexible working hours (flexible hybrid remote model)
Company values
- Figure It Out - Creating change is not impossible. Effort, curiosity, and persistence got us where we are today and will get us where we need to be tomorrow
- Make Change Happen - Money will work radically differently from how it does today. When it comes to savings - it will only work the way it should, if we make it happen
- Together We Push - We push each other to a high standard, treat each other fairly, and are constantly evolving into better versions of ourselves. We push new ideas - the old way of money is no longer fit for purpose. We push until it’s done. “Done” is when it’s helping our customers
- No Frills - We’re lean and efficient because we’re here for the long term. Our journey with our customers ends when they retire
- Have Their Back - Plum customers are financially better off people. We look out for them and have their best interests at heart, whilst still having a material impact on their finances. This is why they trust us
Company HQ
Farringdon, London, UK
Articles
Leadership
Victor Trokoudes
(CEO)Previously Head of International Banking at TransferWise. Started their career at Morgan Stanley as a trader. Has an MBA from INSEAD
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