At a Glance
- Tasks: Manage regulatory compliance and licensing obligations for Airwallex in the UK and ME.
- Company: Join Airwallex, a leading global payments platform valued at US$6.2 billion.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and innovation.
- Other info: This is a maternity cover role on a 9-month fixed-term contract based in London.
- Why this job: Be part of a diverse team making a real impact in the fintech industry.
- Qualifications: Bachelor's degree and 6+ years in regulatory compliance, preferably in fintech.
The predicted salary is between 43200 - 72000 £ per year.
About Airwallex
Airwallex is the only unified payments and financial platform for global businesses. Powered by our unique combination of proprietary infrastructure and software, we empower over 150,000 businesses worldwide with fully integrated solutions to manage everything from business accounts, payments, spend management and treasury, to embedded finance at a global scale. Proudly founded in Melbourne, we have a team of over 1,700 of the brightest and most innovative people in tech across 26 offices around the globe. Valued at US$6.2 billion and backed by world-leading investors, Airwallex is leading the charge in building the global payments and financial platform of the future.
Maternity cover - 9 month fixed term contract
The Regulatory Compliance Manager, UK & ME will be a key member of the Global Regulatory Compliance Team at Airwallex, reporting to the Senior Director, Regulatory Compliance. This person will be responsible for the execution of the 2nd line of defence function and maintaining our licensing obligations in the United Kingdom and across the ME region. This role is based in our London office.
What You’ll Be Doing...
- Regulatory liaison: Primary responsibility for reporting obligations relating to the maintenance of Airwallex licences in the UK, including quarterly, semi-annual, and annual financial and other reports, as required, and supporting similar activity throughout ME.
- Prepare notifications and forms related to any and all reportable incidents and material changes to the company as required by the regulators.
- Communicate and respond to all licence-related inquiries internally and from regulators and financial partners.
- Licence maintenance and quality assurance: Assist with the design and implementation of compliance testing and assurance program.
- Identify opportunities for improved adherence to regulatory requirements and group standards, execute project plans to address any remediation/improvement efforts.
- Support the business and other control and audit functions with projects that require 2nd line compliance input.
- Manage escalation of material regulatory and compliance issues and queries affecting the business.
- Organise and conduct inspections concerning possible non-compliance with regulation and established procedures and take measures necessary for further compliance.
- Prepare and update internal handbooks to document compliance related information and obligations.
- Training and awareness: Provide compliance advice on the risks associated with new products, processes and services, on the risks associated with specific events, and on operating decisions.
- Provide information and organise training for employees in areas related to compliance.
- Maintain accessible regional compliance policies that are sufficient to meet local regulatory requirements and align with group policies.
- Conduct regulatory horizon scanning, interpret and disseminate information to management and staff about regulatory changes, and adapt policies and processes accordingly.
What You’ll Bring...
- Bachelor's degree, a minimum of 6 years of experience in regulatory compliance in a traditional financial institution, legal/consulting firm, or combination of the above.
- Experience in or with FinTechs is significant plus.
- Familiarity with financial regulatory laws, rules, regulations and industry best practices in the UK.
- Experience in dealing with the Financial Conduct Authority (experience with other financial services regulators in Europe).
- Familiarity with requirements in other EMEA jurisdictions is a plus (with experience in the UAE, Israel, Netherlands or Lithuania, a significant plus).
- Experience with developing and/or maintaining a compliance program within a financial institution, preferably in respect of payments activity.
- Proven track record of driving results and building effective relationships.
- Strong writing and communications skills including the ability to articulate legal and regulatory obligations.
- Superior attention to detail and accuracy.
- Strong organisation and project management skills.
- Ability to work in a fast-paced start-up environment by multitasking effortlessly and managing competing priorities under demanding deadlines.
Equal opportunity
Airwallex is proud to be an equal opportunity employer. We value diversity and anyone seeking employment at Airwallex is considered based on merit, qualifications, competence and talent. We don’t regard color, religion, race, national origin, sexual orientation, ancestry, citizenship, sex, marital or family status, disability, gender, or any other legally protected status when making our hiring decisions. If you have a disability or special need that requires accommodation, please let us know.
Airwallex does not accept unsolicited resumes from search firms/recruiters. Airwallex will not pay any fees to search firms/recruiters if a candidate is submitted by a search firm/recruiter unless an agreement has been entered into with respect to specific open position(s). Search firms/recruiters submitting resumes to Airwallex on an unsolicited basis shall be deemed to accept this condition, regardless of any other provision to the contrary.
The Regulatory Compliance Manager, UK & ME in London employer: Airwallex
Airwallex is an exceptional employer, offering a dynamic work environment in the heart of London where innovation thrives. With a strong commitment to employee growth, we provide comprehensive training and development opportunities, ensuring our team members are equipped to excel in their roles. Our inclusive culture values diversity and fosters collaboration, making it an ideal place for those looking to make a meaningful impact in the fast-paced FinTech industry.
StudySmarter Expert Advice🤫
We think this is how you could land The Regulatory Compliance Manager, UK & ME in London
✨Tip Number 1
Familiarise yourself with the specific regulatory frameworks in the UK and ME regions. Understanding the nuances of compliance requirements will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the FinTech sector, especially those who have experience with regulatory compliance. Engaging in conversations can provide insights into the industry and may even lead to referrals.
✨Tip Number 3
Stay updated on recent changes in financial regulations and compliance standards. Being knowledgeable about current events will show your proactive approach and readiness to tackle challenges in the role.
✨Tip Number 4
Prepare to discuss your previous experiences in compliance management during the interview. Highlight specific projects where you successfully navigated regulatory challenges, as this will showcase your expertise and problem-solving skills.
We think you need these skills to ace The Regulatory Compliance Manager, UK & ME in London
Some tips for your application 🫡
Understand the Role:Before applying, make sure you fully understand the responsibilities of the Regulatory Compliance Manager position. Familiarise yourself with the key tasks mentioned in the job description, such as regulatory liaison and compliance maintenance.
Tailor Your CV:Customise your CV to highlight relevant experience in regulatory compliance, particularly within financial institutions or FinTechs. Emphasise your familiarity with UK financial regulations and any experience with the Financial Conduct Authority.
Craft a Compelling Cover Letter:Write a cover letter that showcases your passion for compliance and your understanding of the regulatory landscape. Mention specific examples from your past work that demonstrate your ability to manage compliance issues and drive results.
Highlight Communication Skills:Since strong writing and communication skills are essential for this role, ensure your application reflects your ability to articulate complex regulatory obligations clearly. Use concise language and avoid jargon to demonstrate your clarity of thought.
How to prepare for a job interview at Airwallex
✨Know Your Regulations
Familiarise yourself with the financial regulatory laws and requirements in the UK and ME regions. Be prepared to discuss how these regulations impact Airwallex's operations and your approach to compliance.
✨Demonstrate Your Experience
Highlight your previous experience in regulatory compliance, especially within FinTech or traditional financial institutions. Use specific examples to illustrate your ability to manage compliance programmes and navigate regulatory challenges.
✨Showcase Your Communication Skills
As a Regulatory Compliance Manager, strong writing and communication skills are essential. Prepare to articulate complex legal and regulatory obligations clearly and concisely, both in your responses and any questions you may have.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities in compliance situations. Think about past experiences where you identified compliance issues and how you addressed them, as this will demonstrate your proactive approach.
