At a Glance
- Tasks: Ensure compliance with regulations and lead operations in a fast-paced fintech environment.
- Company: Join FasterPay, a dynamic digital e-wallet platform revolutionising global payments.
- Benefits: Competitive salary, career growth, and a vibrant international team.
- Other info: Exciting opportunities for career advancement in a supportive and inclusive culture.
- Why this job: Make a real impact in compliance while working with innovative fintech solutions.
- Qualifications: Degree in Management or Law, with 4+ years in compliance or risk management.
The predicted salary is between 49500 - 60500 £ per year.
Compliance Officer london
Faster Pay is a digital e-wallet platform which is FCA-regulated and non-VC funded.
Transparent, friendly, and flexible, Faster Pay provides businesses from all backgrounds the opportunity to expand their revenue on a global scale.
Who Are We Looking For
We’re looking for a detail-oriented and integrity-driven Compliance Officer who thrives in fast-paced environments and is passionate about upholding ethical standards and regulatory excellence.
You should be analytical, thorough, and motivated by the challenge of navigating complex compliance landscapes within the fintech space.
Honesty and Trust are core to who we are. We expect transparent and truthful communication from all our team members.
Learning and Curiosity are essential for growth here. You bring fresh ideas, creativity, and a desire to develop daily, absorbing knowledge from those around you.
Multilingual and Multilingual?
Even better.
You embrace international collaboration and thrive in global environments.
Bonus points if you have cross-border experience or fluency in multiple languages.
Position Overview
As a Compliance Officer, you'll be responsible for supporting the company in all compliance activities and leading its compliance operations for all workstreams within the business.
This will involve creating processes for our compliance and risk management framework and ensuring our operational practices meet the requirements of regulators and our core company values.
You should have an understanding of the laws surrounding KYC/AML, Compliance, and other related regulations that affect and govern Faster Pay as a payments company.
What You Will Do
- Act as a subject matter expert on compliance-related regulations and laws governing our company and be the primary person responsible for keeping the company informed on any changes in laws and regulations, and implement the necessary course of action the company needs to take following these changes.
- Ensure that appropriate policies, systems, and controls with regard to AML/CTF, financial crime prevention are developed, implemented, and maintained.
- Lead, coordinate, and monitor regulatory updates, inspections, investigations, thematic reviews, inquiries, self-assessments, surveys, questionnaires, reporting, and consultations to ensure timely and quality submissions.
- Drive improvements in AML/CTF, data protection, consumer duty, and general compliance awareness through the evaluation of needs and delivering a training program, with input from compliance and risk-based monitoring programs.
- Lead the preparation of audit and examination responses, including monitoring the completion of management commitments/remediation actions.
- Conduct periodical risk assessments assessing the adequacy and effectiveness of the company's AML & CTF systems and controls, identifying enhancement opportunities, and providing detailed recommendations to the company's governing body/senior management.
- Sign off on high-risk business relationships and investigations on potential PEP, Sanction, and Adverse Media matches, and maintain necessary records.
- Develop and oversee internal procedures pertaining to merchant onboarding, monitoring, and suspicious activity reporting (SARs) as per local regulations.
- Supporting the Product team on AML/CTF initiatives requiring cross-functional collaboration.
- Overseeing and advising on the improvements of the AML & CTF Key Risk Indicators (‘KRIs) and Key Performance Indicators (‘KPIs).
Skills & Competencies Required
- Strong understanding of compliance frameworks, regulatory requirements, and risk management in the fintech or payments space
- Detail-oriented with excellent analytical and investigative skills
- Proactive, independent, and able to work with minimal supervision
- Comfortable interpreting and applying complex legal and regulatory guidelines
- Effective communicator, able to clearly present findings and collaborate with internal and external stakeholders
- Experience working cross-functionally with legal, finance, product, and operations teams
- Adaptable to a fast-paced, startup, or scale-up environment
- Comfortable handling ambiguity and able to make sound compliance decisions under pressure
- Familiarity with internal audits, policy creation, and compliance reporting processes
- Who Should Apply
- Bachelor's Degree or higher in Management, International Studies, Law, with related studies in Anti Money Laundering and similar studies.
- At least 4 years of experience in compliance, legal, audit, or risk management — preferably in fintech, payments, or financial services
- Solid working knowledge of internal and external compliance-related rules, regulations, and policies related to the payments industry.
- Experience in reviewing contracts, permits, regulations, and licenses, as well as conducting research in international law
- Ability to provide functional guidance, support policy development, and recommend strategic compliance directions to management
- Capable of executing or supervising compliance-related processes independently
- Willingness and availability to travel for business purposes
Why Join Us?
If you are eager to take your career to the next level in the payment industry, this is the opportunity for you. We offer:
- Competitive compensation depending on experience and skills
- Career advancement opportunities across a global network
- A dynamic, international team environment
- Exposure to the fintech and gaming industries
- Office-based role in London office (Great Eastern Street, London) — surrounded by like-minded innovators
This role is perfect for someone eager to take on new challenges, make a meaningful impact, and thrive in a fast-paced, scale-up environment.
As part of our growing team in London, you'll have plenty of opportunities to accelerate your career and grow with us.
With exciting expansion plans underway, now is the perfect time to join us on our mission to reshape global payments.
Please note: You must be authorized to work in the UK, as we do not offer visa sponsorship or relocation support.
We provide equal opportunity to individuals of all nationalities and backgrounds. At Faster Pay, everyone is welcomed, valued, and empowered to grow and become a leader.
Only shortlisted candidates will be contacted.
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Compliance Officer employer: FasterPay
FasterPay is an exceptional employer that fosters a vibrant work culture in the heart of London, where innovation meets collaboration. Employees benefit from competitive compensation, comprehensive career advancement opportunities, and the chance to thrive in a dynamic fintech environment. With a focus on personal growth and professional development, FasterPay empowers its team members to make meaningful contributions while enjoying a supportive and engaging workplace.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer
✨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 FasterPay looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Officer
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 FasterPay. 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 FasterPay
✨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 FasterPay’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
