At a Glance
- Tasks: Shape innovative financial products and ensure compliance with regulations.
- Company: Join Chip, a fast-growing wealth app transforming how people save and invest.
- Benefits: Competitive salary, performance bonuses, and a workplace pension scheme.
- Why this job: Be part of a mission-driven team making wealth management accessible for everyone.
- Qualifications: Experience in regulatory compliance and a passion for financial innovation.
- Other info: Enjoy a balanced workweek with early finishes on Fridays!
The predicted salary is between 60000 - 84000 £ per year.
Chip is your wealth app. It gives you one easy place for your savings and investments, allowing you to build, manage and grow your long-term wealth.
Our mission and history
Our mission is to make our customers wealthy. We are building the wealth super app of the future, providing a platform for long-term wealth across savings, investments and pensions. We use technology to break down barriers so users can invest like the ultra-wealthy, giving them one simple place to manage, grow and protect their wealth. Chip serves over 300,000 active customers and looks after over £6 billion in assets.
Our vision
We know planning for your future can be a tedious task, so we want to change that. We are building the wealth app for our community, giving them one place for saving and investing. We provide customers with control and guidance to effortlessly build their long-term wealth using award-winning tech.
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.
What we’re looking for:
- Strong written skills and excellent attention to detail.
- 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.
- 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. We want a real person, with interests outside of work, to join our team.
Working Hours
Monday to Thursday: 9:00 AM – 6:00 PM
Friday: 8:00 AM – 4:00 PM (Start your weekend early!)
PERKS
£70,000 - £80,000 per annum
Discretionary Performance-Related Bi-Annual Bonus of up to 10% (Cash) and 5% (Shares) based on your gross annual salary.
Workplace pension scheme - We invest in your future with a workplace pension scheme, contributing 5% on earnings up to £50,000.
Compliance Manager (New Products) in London employer: Chip
Contact Detail:
Chip Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Manager (New Products) in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with Chip employees on LinkedIn. Building relationships can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by researching Chip's mission and values. Show us how your skills align with our goal of making customers wealthy. Tailor your answers to reflect our innovative spirit!
✨Tip Number 3
Practice your pitch! Be ready to explain why you're the perfect fit for the Compliance Manager role. Highlight your experience with regulatory permissions and your passion for financial innovation.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Chip family.
We think you need these skills to ace Compliance Manager (New Products) in London
Some tips for your application 🫡
Show Your Passion for Wealth Management: When writing your application, let your enthusiasm for wealth management shine through! We want to see that you’re genuinely excited about helping customers build their long-term wealth and how you can contribute to our mission at Chip.
Be Clear and Concise: We appreciate strong written skills, so make sure your application is clear and to the point. Avoid jargon where possible and focus on showcasing your relevant experience in compliance and regulatory submissions without fluff.
Tailor Your Application: Don’t just send a generic application! Tailor it to reflect how your skills and experiences align with the specific requirements of the Compliance Manager role. Highlight your knowledge of FCA rules and your ability to draft regulator-ready documents.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team at Chip!
How to prepare for a job interview at Chip
✨Know Your Stuff
Make sure you brush up on the latest FCA regulations and compliance standards relevant to wealth management. Chip is all about innovation, so being able to discuss how you can apply these regulations in a creative way will definitely impress.
✨Show Your Passion for Wealth Management
Chip is looking for someone who genuinely cares about helping customers build their wealth. Be ready to share your personal experiences or stories that highlight your commitment to financial guidance and customer-centric solutions.
✨Be Prepared to Collaborate
Since you'll be working closely with various teams, think of examples where you've successfully collaborated in the past. Highlight your ability to build strong relationships and how you can bring a compliant yet innovative approach to new product offerings.
✨Bring Your Personality
Chip values a fun and friendly work environment, so don’t shy away from showing your personality during the interview. Share your interests outside of work and how they contribute to your unique perspective in the compliance space.