At a Glance
- Tasks: Shape innovative wealth products and ensure compliance with regulatory standards.
- Company: Join a fast-growing fintech startup on a mission to revolutionise investment.
- Benefits: Competitive salary, performance bonuses, flexible working, and 28 days holiday.
- Other info: Inclusive environment with opportunities for personal and professional growth.
- Why this job: Make a real impact in the financial advice space while developing your skills.
- Qualifications: Experience in compliance, wealth management, and strong written communication skills.
The predicted salary is between 70000 - 85000 £ per year.
We have some very exciting plans in the wealth management and advice space. We’re looking for a motivated and creative Compliance Manager to help us shape and bring these product plans to life. We need the right knowledge in the team and the right regulatory permissions in place to launch innovative solutions that help our customers on their wealth building journey.
You’ll have experience in working on regulatory permission applications, and have a background in wealth, advice and/or financial planning. You’ll be working closely with Commercial and Product teams to push customer‑centric and innovative options that help our customers.
What you can expect to be doing:
- Shaping new propositions directly with the business, driving a compliant and innovative approach within new product offerings.
- Working within regulatory requirements to write, review and challenge regulatory submissions such as business plans, policies and applications.
- Reviewing and updating policies, monitoring and governance frameworks helping the business adapt procedures to new product requirements.
- Building strong relationships with first line teams to ensure your guidance, challenge and oversight is relevant to the products and processes at Chip.
- Seeking out knowledge of AI and technical innovations to support in your role and in product development and oversight processes.
- Horizon scanning and reviewing PRA and FCA policy statements as well as FOS publications and market best practice to ensure we’re always learning from what’s happening in the market.
What we’re looking for:
- Strong written skills and excellent attention to detail.
- Comfortable drafting regulator‑ready documents with minimal support.
- Legal qualification highly desirable.
- Thorough experience in the investments and wealth space with clear knowledge of rules, restrictions and best practices.
- Solid knowledge of FCA Financial Advice rules including staying abreast of upcoming regulatory changes.
- Keen interest in innovation in the financial guidance and advice space including the use of AI and Large Language Models.
- Working knowledge of consumer financial promotions regulation including COBS and BCOBS rules is very beneficial.
What we’re really looking for:
Someone with a genuine interest in Chip and is excited about being part of a fast‑growing company and our mission to build the investment super app of the future. At the interview stages, we will be looking for empathy, EQ, fun stories, and the ability to smile even when things are tough.
Working Hours
Monday to Thursday: 9:00 AM – 6:00 PM
Friday: 8:00 AM – 4:00 PM (Start your weekend early!)
Benefits
- £70,000 - £85,000 per annum
- Discretionary Performance‑Related Annual Bonus
- Workplace pension scheme – we invest in your future with a workplace pension scheme, contributing 5% on earnings up to £50,000.
- Private medical insurance (medical history disregarded)
- Employee Assistance Programme
- Cycle to work scheme
- Season ticket loan
- Free ChipX subscription for UK‑based employees
- We are an equal‑opportunity employer and value diversity
- Flexible working arrangements
- 28 days holiday plus bank holidays, plus the days between Christmas and New Year.
- Annual training budget for courses, workshops or conferences to help you advance your career.
- £30 per month Chip Fitness Benefit to suit your mental/physical wellbeing
- Company laptop
- Opportunity to have a huge impact on our product while fast‑tracking your knowledge, responsibility and skills in a high‑growth fintech startup.
Our Interview Process
- Video screen with someone from our Talent team
- Video interview with the SVP of Compliance
- Final interview with Chief Risk & Compliance Officer
Equal Opportunities
We are passionate and committed to our people and go beyond the rhetoric of diversity and inclusion. You will be working in an inclusive environment and be encouraged to bring your whole self to work. We will do all that we can to help you successfully balance your work and home life. As a growing business we will encourage you to develop your professional and personal aspirations, enjoy new experiences, and learn from the talented people you will be working with. It’s talent that matters to us and we encourage applications from people irrespective of their gender, race, sexual orientation, religion, age, disability status or caring responsibilities.
Compliance Lead, New Wealth Product Innovations employer: Chip
Chip is an exceptional employer that fosters a dynamic and inclusive work culture, perfect for those looking to make a significant impact in the fintech space. With a strong focus on employee growth, we offer generous benefits including a competitive salary, flexible working arrangements, and an annual training budget to support your professional development. Join us in our mission to innovate wealth management solutions while enjoying a supportive environment that values diversity and encourages you to bring your whole self to work.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Lead, New Wealth Product Innovations
✨Tip Number 1
Get to know Chip and our mission! Research our products and values so you can show genuine enthusiasm during interviews. We want to see that you're not just looking for any job, but that you're excited about being part of our journey.
✨Tip Number 2
Prepare some fun stories that highlight your experience in compliance and innovation. We love a good narrative, especially if it shows how you've tackled challenges or contributed to successful projects in the wealth management space.
✨Tip Number 3
Brush up on your knowledge of FCA rules and recent regulatory changes. Being able to discuss these confidently will show us that you're not only knowledgeable but also proactive about staying updated in this fast-paced environment.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us that you’re serious about joining our team at Chip.
We think you need these skills to ace Compliance Lead, New Wealth Product Innovations
Some tips for your application 🫡
Show Off Your Writing Skills:Since we’re looking for someone with strong written skills, make sure your application reflects that. Use clear and concise language, and don’t shy away from showcasing your ability to draft regulator-ready documents.
Tailor Your Application:We want to see how your experience aligns with our needs. Highlight your background in wealth management and compliance, and be specific about your previous roles and achievements that relate to the job description.
Be Detail-Oriented:Attention to detail is key in this role. Double-check your application for any typos or errors, and ensure that all the information you provide is accurate and relevant to the position.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re genuinely interested in joining our team!
How to prepare for a job interview at Chip
✨Know Your Regulations
Make sure you brush up on the FCA Financial Advice rules and any recent regulatory changes. Being able to discuss these confidently will show that you’re not just familiar with compliance but are also proactive about staying updated.
✨Showcase Your Creativity
Since the role involves shaping new propositions, think of innovative ideas or examples from your past experience where you’ve successfully combined compliance with creativity. This will demonstrate your ability to think outside the box while adhering to regulations.
✨Build Relationships
Prepare to talk about how you’ve built strong relationships with first line teams in previous roles. Share specific stories that highlight your empathy and communication skills, as these are crucial for guiding teams through compliance challenges.
✨Stay Customer-Centric
Be ready to discuss how you can push customer-centric options in compliance. Think about how your past experiences can translate into helping customers on their wealth-building journey, and be prepared to share relevant examples.
