At a Glance
- Tasks: Lead compliance for UK operations and ensure regulatory adherence across the business.
- Company: Join BCB Group, a leader in regulated payment and trading services for the digital asset economy.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Work in a fast-paced, international environment with excellent career growth opportunities.
- Why this job: Be a visionary leader in compliance and shape the future of financial products.
- Qualifications: 10+ years in compliance, with strong leadership and regulatory expertise.
The predicted salary is between 80000 - 100000 £ per year.
The Role - What will you be doing?
UK Compliance Team & Functional Leadership
- UK Head of Compliance for BCB Payments UK Ltd and BCB Markets UK Ltd.
- Oversight of the UK Compliance Function and compliance risks in the UK.
- Ensure compliance with regulatory requirements for our UK business.
Ownership for the following responsibilities:
- Regulatory affairs, reporting and engagement including licensing
- Policy & Standards (Policy Governance)
- Compliance & Regulatory Risk
- Safeguarding & Custody
- Marketing & Communications
- Compliance Risk Assessments
- Compliance Monitoring & Assurance
- Compliance Audits
- Horizon Scanning & Regulatory Intelligence
- Training & Awareness
- Whistleblowing
- Complaints
An internal and external ambassador for BCB on all matters of compliance and an ambitious and visionary leader for your team. Ensure your team has clear top-down performance objectives linked to company-wide objectives.
Global Product & Expansion Compliance Advisory
Additionally, this role has a global Compliance Advisory remit on all aspects of BCB’s product development and governance journey, plus global expansion efforts as we increase our regulatory footprint with new jurisdictions and new licences. Provide strategic direction and expert compliance advice to Product, collaborating with other functional stakeholders, ensuring all new and existing products meet applicable regulatory requirements (in particular, UK/EU). Undertake compliance gap analyses and risk assessments for New Product Approvals ensuring that new products meet applicable regulatory standards. Oversee the identification and design of compliance controls, standards, and requirements from the initial concept phase through the entire product development lifecycle, applying a ‘Compliance-by-Design’ approach.
Business Partner, Governance & Reporting
Build and maintain strong, collaborative relationships with stakeholders across all levels of the organisation, including senior management, legal, risk, audit, and various business lines. Provide general Compliance advice to business stakeholders in a clear, concise, and tailored manner. Represent the Compliance function in various internal committees and working groups. Continue to improve and strengthen our compliance framework, identify emerging risks, and embed a strong culture of compliance across the firm.
Provide comprehensive, regular reporting on the status of UK compliance risks, regulatory changes, and remedial actions to the UK Board, relevant governance committees. Create and develop compliance management information (MI) & Key Risk Indicators (KRIs).
Experience & Requirements
You will have worked in the FCA-regulated payments, e-money, crypto or banking sectors in the UK previously where you have gained at least 10 years proven experience in a broad compliance role, including providing 2nd line Compliance advisory support for product development and expansion. Ideally at least 3-5 years in a senior leadership or Head of Compliance role. Proven experience managing, motivating, and developing compliance professionals and leading cross-functional strategic initiatives.
Expert level knowledge and understanding is required of all applicable regulations for a payments or e-money business (PSRs, EMRs and Approach Document), including the rules on safeguarding, the FCA handbook and associated guidance. Additionally, you will have experience or familiarity around those rules, regulations and expectations in the crypto assets sector and the emerging regulatory landscape in the UK and globally. Expert level knowledge and understanding of the UK AML, CTF, and Sanctions rules and regulations is expected.
Experience of hands-on regulatory engagement with the FCA and ideally other regulators. Extensive experience advising on the legal and regulatory implications of launching and operating financial products in the UK and other jurisdictions.
Ability to analyse and synthesise complex information and distill into readily comprehensible and practical advice relevant to the commercial, strategic and financial context, applying a risk-based approach to development of management information insights, business solutions and decision-making. Demonstrate a creative and innovative approach by finding different ways to look at problems and design novel solutions. Capacity to interpret complex rules and regulations and provide commercially viable and actionable advice that balances innovation with risk management.
Strong communication and interpersonal skills, with the ability to build and maintain effective relationships with internal and external stakeholders. Comfortable interacting and influencing C-level executives and external regulatory bodies.
Autonomous, pro-active and hands-on with the ability to prioritise and manage own work effectively, apply a breadth of technical, business, product and customer domain knowledge, own the outcome and make an impact. Used to working in a diverse, international, fast-moving business and fast evolving regulatory environment. Strong written and verbal communication skills. Relevant Compliance certifications or recognized professional certifications in Compliance.
About BCB GROUP
BCB Group is a leading provider of regulated payment and trading services in crypto and fiat for the digital asset economy. We provide accounts, cryptocurrency and foreign exchange market liquidity for some of the world’s largest, crypto-engaged businesses, including crypto exchanges, liquidity providers, market makers, investment firms, custodians, payment processors and wallet providers.
Our end-to-end suite of products are accessible through our Client Console UI and API. We offer more than 40 fiat and cryptocurrencies, deep trading liquidity, 24/7 instant payments through our instant settlements network, BLINC, and secure crypto services. Our strong focus on compliance matches our technical and business expertise, and we are regulated by some of the world’s most respected regulators. Authorised in the UK, France and Switzerland, we place the utmost importance on our regulatory-first institutional principles.
Our leadership team boasts years of relevant, high-level experience at globally-renowned institutions. They combine finance, law, regulatory and technology skills in traditional and crypto financial services with a deep understanding of the new digital asset economy.
Our mission is to create the trusted platform to pay, store, trade and earn fiat and digital assets, globally 24/7.
Head of Compliance UK & Regulatory Operations (Group) employer: Cerebras
BCB Group is an exceptional employer, offering a dynamic work environment in the heart of the UK's financial sector. With a strong commitment to compliance and regulatory excellence, employees benefit from a culture that fosters professional growth, collaboration, and innovation. The company provides ample opportunities for career advancement, supported by a leadership team with extensive experience in both traditional and crypto financial services, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Compliance UK & Regulatory Operations (Group)
✨Tip Number 1
Network like a pro! Get out there and connect with people in the compliance and regulatory space. Attend industry events, webinars, or even local meetups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers, make sure to highlight your experience in FCA-regulated environments. Share specific examples of how you've tackled compliance challenges and contributed to successful outcomes.
✨Tip Number 3
Be proactive! If you see a role that excites you, don’t wait for the perfect moment. Reach out directly to the hiring manager or team members via LinkedIn. Express your interest and ask insightful questions about the role and the company culture.
✨Tip Number 4
Keep learning! Stay updated on the latest regulations and compliance trends, especially in the crypto and payments sectors. This not only boosts your knowledge but also shows potential employers that you're committed to staying ahead in the game.
We think you need these skills to ace Head of Compliance UK & Regulatory Operations (Group)
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in compliance, especially in the FCA-regulated sectors. We want to see how your background aligns with our needs at BCB Group!
Showcase Your Leadership Skills:As a Head of Compliance, you'll be leading a team, so don’t forget to mention your leadership experience. Share examples of how you've motivated and developed compliance professionals in your previous roles.
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language to explain your experience and how it relates to the role. We appreciate applicants who can communicate complex information simply!
Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Don’t miss out!
How to prepare for a job interview at Cerebras
✨Know Your Regulations Inside Out
Make sure you brush up on the FCA regulations, especially those related to payments and e-money. Being able to discuss specific compliance rules and how they apply to BCB's operations will show that you're not just familiar with the landscape but also ready to lead in it.
✨Showcase Your Leadership Skills
Prepare examples of how you've successfully managed and motivated teams in previous roles. Highlight your experience in leading cross-functional initiatives and how you’ve fostered a culture of compliance within your team. This is crucial for a Head of Compliance role.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations regarding compliance challenges. Think about how you would handle regulatory changes or compliance breaches. Practising these scenarios can help you articulate your thought process clearly during the interview.
✨Build Relationships with Stakeholders
Demonstrate your ability to collaborate with various stakeholders, including C-level executives. Prepare to discuss how you've built strong relationships in the past and how you plan to do so at BCB. This will show that you understand the importance of communication in compliance.
