Chief Compliance Officer, UK (Payments) (Individual Contributor) in London
Chief Compliance Officer, UK (Payments) (Individual Contributor)

Chief Compliance Officer, UK (Payments) (Individual Contributor) in London

London Full-Time 80000 - 100000 £ / year (est.) No home office possible
Ethos BeathChapman

At a Glance

  • Tasks: Oversee regulatory compliance and provide guidance to senior management in a dynamic payments business.
  • Company: Established payments company with a strong presence in London and an international group.
  • Benefits: Hybrid working model, annual bonus scheme, and opportunities for professional growth.
  • Other info: Collaborative culture with potential for future team leadership.
  • Why this job: Make a significant impact on compliance in a fast-paced payments environment.
  • Qualifications: 10+ years of compliance experience and strong knowledge of UK payment regulations.

The predicted salary is between 80000 - 100000 £ per year.

Our client is a well established Payments business, with its regional HQ in London, multiple brands and part of an international group. The post holder will work closely with other stakeholders, including legal, risk management functions, AML professionals, business and operations teams internally and would have a direct relationship with local regulators (primary contact for the UK business).

The position holder is the focal point within the business for the oversight of all activities relating to the management of regulatory compliance and providing support and guidance to the Board and senior management to ensure that the regulatory compliance risks are adequately managed.

Key elements of the role include:

  • Providing assurance to the senior management that regulatory compliance risks are managed effectively within the licensed entities in the UK;
  • Providing pragmatic regulatory advice and support internally;
  • Formulating and reviewing policies and procedures to ensure regulatory compliance with all relevant laws, regulations and group policies;
  • Engaging and maintaining a strong relationship with regulatory authorities and handling all related enquiries;
  • Identifying regulatory compliance risks, escalating potential regulatory and policy breaches and conduct issues to senior management;
  • Conducting internal compliance training;
  • Monitoring of local regulatory and law changes and ensuring that all relevant parties and persons are advised and in full compliance with these requirements;
  • Carrying out risk assessment on products and services offered in the UK market;
  • Supporting key regulatory projects of the EMEA Compliance team.

The role will not initially include people management but this could change in time.

Required skills & experience:

  • At least 10 years of relevant compliance, regulatory or similar experience
  • Strong regulatory compliance experience, including Consumer Duty
  • Strong knowledge of/experience in payment systems and relevant regulatory requirements in the UK.
  • The ability to work both independently and collaboratively with multiple teams located in different jurisdictions and under strict deadlines.
  • Excellent project management skills and sound judgement.
  • Self-starter with good attitude.
  • Resourceful, adaptable and flexible.
  • Excellent written and verbal communication skills
  • Degree level educated

The company offers a hybrid working pattern - with 3 days per week required in the office (central London). They also offer an annual/company bonus scheme.

Chief Compliance Officer, UK (Payments) (Individual Contributor) in London employer: Ethos BeathChapman

Our client is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation meets compliance in the fast-paced payments sector. With a strong emphasis on employee growth and development, the company provides opportunities for professional advancement while fostering a collaborative culture that values diverse perspectives. The hybrid working model and attractive bonus scheme further enhance the appeal of this role, making it a rewarding choice for those seeking to make a meaningful impact in regulatory compliance.
Ethos BeathChapman

Contact Detail:

Ethos BeathChapman Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Chief Compliance Officer, UK (Payments) (Individual Contributor) in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the compliance and payments sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!

✨Tip Number 2

Prepare for interviews by researching the company and its regulatory environment. Be ready to discuss how your experience aligns with their needs, especially around compliance and risk management. Show them you’re the perfect fit!

✨Tip Number 3

Don’t just apply through job boards; head over to our website and submit your application directly. This shows initiative and can help you stand out from the crowd. Plus, we love seeing candidates who take that extra step!

✨Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Use this opportunity to reiterate your interest in the role and highlight any key points from your conversation.

We think you need these skills to ace Chief Compliance Officer, UK (Payments) (Individual Contributor) in London

Regulatory Compliance
Consumer Duty
Payment Systems Knowledge
Project Management
Stakeholder Engagement
Risk Assessment
Internal Compliance Training
Written Communication Skills
Verbal Communication Skills
Judgement
Adaptability
Collaboration
Self-Starter Attitude
Resourcefulness

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Chief Compliance Officer role. Highlight your relevant experience in regulatory compliance, especially in payments, and showcase how you've managed compliance risks effectively in previous roles.

Craft a Compelling Cover Letter: Your cover letter should tell your story! Explain why you're passionate about compliance in the payments sector and how your skills align with the job description. Don’t forget to mention your experience with local regulators and your ability to provide pragmatic regulatory advice.

Showcase Your Communication Skills: Since excellent communication is key for this role, make sure your application reflects that. Use clear, concise language and structure your documents well. This will demonstrate your ability to communicate effectively with senior management and regulatory authorities.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status.

How to prepare for a job interview at Ethos BeathChapman

✨Know Your Regulations

Make sure you brush up on the latest UK regulatory compliance laws, especially those related to payments. Being able to discuss specific regulations and how they impact the business will show that you're not just familiar with the role but also genuinely interested in it.

✨Showcase Your Experience

Prepare to share concrete examples from your past roles where you've successfully managed compliance risks or navigated complex regulatory environments. Use the STAR method (Situation, Task, Action, Result) to structure your responses and make them impactful.

✨Engage with Stakeholders

Since this role involves working closely with various teams, think about how you can demonstrate your collaborative skills. Be ready to discuss how you've built relationships with stakeholders in previous positions and how you would approach engaging with legal, risk management, and operations teams.

✨Ask Insightful Questions

Prepare thoughtful questions that show your understanding of the company’s compliance challenges and the payments landscape. This could include inquiries about their current compliance strategies or how they handle changes in regulations. It shows you're proactive and invested in the role.

Chief Compliance Officer, UK (Payments) (Individual Contributor) in London
Ethos BeathChapman
Location: London

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