At a Glance
- Tasks: Lead compliance monitoring and ensure risk controls are effective in a fast-paced fintech environment.
- Company: Join Capital on Tap, a thriving fintech revolutionising small business finance.
- Benefits: Enjoy private healthcare, generous holiday, and a supportive work culture.
- Other info: Dynamic team with opportunities for professional growth and a commitment to inclusivity.
- Why this job: Make a real impact by enhancing compliance and risk management in a growing company.
- Qualifications: Experience in compliance monitoring and a strong understanding of FCA regulations required.
The predicted salary is between 60000 - 90000 £ per year.
We’re Capital on Tap. Capital on Tap started because small businesses were underserved. Big banks were slow, their products weren't fit for purpose, and small business owners often couldn't access what they needed. We set out to fix that. Today we're a financial platform - not just a credit card company. We offer a best-in-class business credit card, SME-focused spend management platform, a savings product that hit £1 billion in funds within its first year, and a growing suite of tools and financial products that make running a small business easier. 1,000+ employees, £20bn in annual card spend, 200,000+ customers, 17,000+ Trustpilot reviews averaging 4.7 stars, and we're profitable. We’ve done a pretty good job so far, but we’re just getting started!
This is a Hybrid role, with a minimum of 3 days a week in our London office.
Risk & Compliance at Capital on Tap
The Risk & Compliance team is the second line of defence at Capital on Tap, working at the intersection of regulation, product and business growth. As our Risk & Compliance Assurance Manager, you'll develop the compliance monitoring plan, co‑ordinating with other second line teams, develop and maintain monitoring best practice, and independently test how well the business is managing risk and complying with the rules, providing oversight, challenge and governance that gives the Risk Committee, regulators and partner banks confidence that controls are working as intended.
The Role
This is a senior leadership role for someone who has built and run an independent monitoring programme before and wants to do it again at a fast‑growing FinTech. You'll own the Risk and Compliance Monitoring Plan, design the thematic reviews and control tests that pressure‑test first‑line controls, and lead the follow‑up of actions to closure. The ideal candidate will combine significant monitoring expertise, analytical judgement, and a pragmatic, problem‑solving and risk‑based approach.
What You’ll Be Doing
- Monitoring Leadership: Lead Capital on Tap's Risk and Compliance Monitoring Plan, sitting in the second line, operating independently from the advisory team. Provide oversight, challenge and governance to the first line.
- Risk-Based Plan Design: Design a risk‑based monitoring plan. Set the standards for how reviews are scoped, conducted and reported.
- Thematic Reviews & Control Tests: Design and conduct thematic reviews and control tests, with particular focus across risk and regulatory compliance, that assess whether first‑line risk and compliance controls are working as intended across products, processes and partner banks.
- Cross-Team Co-ordination: Co‑ordinate monitoring across UK Compliance, Financial Crime and US Compliance teams. Share standards and findings to lift the overall quality bar.
- Action Tracking & Closure: Own follow-up of monitoring actions to closure. Surface aging actions to the Risk Committee and engage the business constructively where actions are not progressing.
- Risk Committee Reporting: Produce monitoring reporting for the Risk Committee, senior leadership and partner banks. Translate findings into clear, actionable recommendations the business can implement.
- Quality Assurance of Reviews: Quality‑assure monitoring reviews carried out by other areas, ensuring independence and consistency of approach.
- Business Enablement: Provide pragmatic, business‑minded challenge that helps the first line improve controls.
Independent Monitoring Experience: Hands‑on experience owning or running a Compliance Monitoring or independent assurance programme in a UK FCA‑regulated firm. Designing and running reviews end‑to‑end, not just participating in them.
Second-Line Mindset: Proven experience operating in the second line, independent of the first line. Confident providing constructive challenge to the business when controls fall short.
Risk-Based Planning: Track record of building risk‑based monitoring plans.
Regulatory Expertise: Solid working knowledge of FCA SYSC and the EMD/PSD regime, applied in practice, not just in theory.
Control Testing: Demonstrable experience designing thematic reviews and control tests, including confidence in analysing data and systems.
Stakeholder Influence: Confident presenting findings and recommendations to senior stakeholders, governance forums and partner banks.
Action Tracking Discipline: Track record of driving monitoring actions to closure, including navigating the harder conversations about aging actions.
Analytical & Written Communication: Clear, evidence‑based reports and policy documents.
Nice To Have
- FinTech / Payments Background: Experience in an FCA‑regulated EMI, payments or banking firm, with recent experience in fraud, safeguarding, or operational resilience is helpful.
- Cross-Jurisdictional Monitoring: Experience co‑ordinating monitoring across multiple jurisdictions (for example UK and US) or across financial crime and broader compliance.
- Professional Qualifications: A recognised qualification such as ICA Diploma in Compliance, ACAMS, IIA, or equivalent. Big 4 or consulting background in financial services compliance or audit also welcome.
Diversity & Inclusion
We welcome, consider and encourage applications from anyone who shares our commitment to inclusivity. Join us in creating a space where authenticity thrives, and everyone can do their best work.
Great Work Deserves Great Perks
- Private Healthcare including dental and opticians services through Vitality
- Worldwide travel insurance through Vitality
- Access to a women's health platform via Hertility
- Anniversary Rewards (£250, £500, £750, 4‑week fully paid sabbatical)
- Salary Sacrifice Pension Scheme up to 7% match
- 28 days holiday (plus bank holidays)
- Annual Learning and Wellbeing Budget
- Enhanced Parental Leave
- Cycle to Work Scheme
- Season Ticket Loan
- 6 free therapy sessions per year
- Dog Friendly Offices
- Free drinks and snacks in our offices
Excited to work here? Apply! If you’d like to progress your career within our fast growing, profitable fintech then click apply and we will aim to get back to you within 3 working days (during busy periods this could take up to 5 working days).
Risk & Compliance Assurance Manager London employer: Capital on Tap
At Capital on Tap, we pride ourselves on being an exceptional employer that champions the growth and well-being of our employees. Our vibrant London office fosters a collaborative work culture, where innovation thrives and every team member is empowered to make a meaningful impact in the fast-paced FinTech landscape. With comprehensive benefits including private healthcare, generous holiday allowances, and a commitment to diversity and inclusion, we ensure that our employees not only excel in their roles but also enjoy a fulfilling work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Risk & Compliance Assurance Manager London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Capital on Tap looking for candidates who are engaged and informed.
We think you need these skills to ace Risk & Compliance Assurance Manager London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Capital on Tap. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Capital on Tap
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Capital on Tap’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
