Head of Compliance

About Moneybox

Moneybox is an award-winning wealth management platform, helping over one and a half million people build wealth throughout their lives, whether they’re saving and investing, buying their first home, or planning for retirement.

Job Brief

We are looking for a senior, experienced compliance professional to run Compliance at Moneybox. You will report to the Risk & Compliance Director (SMF 16) and work alongside the Data Protection, Financial Crime and Risk teams that make up the Risk & Compliance function. The Compliance team is responsible for both compliance advice and second line assurance, with regards to all our products regulated by the Financial Conduct Authority (FCA). Your role is to ensure this is delivered effectively, efficiently and pragmatically, as well providing your own advice to and oversight of the business. Stakeholder management and leading the team to work in a curious and collegiate way with other teams is a key aspect of this role. You’ll also need to have experience, and be confident, in reporting at the most senior levels of the business, including the Executive Committee and Board, as well as interacting with the FCA as required.

What You’ll Do

• Working closely with the rest of the Risk & Compliance team, you will help Moneybox build a fantastic business that delivers great customer outcomes and give our customers confidence in their decisions.
• You will be involved in, but not limited to, these duties:
• Lead the Compliance team and be an engaged member for the Risk & Compliance leadership team, sharing information and coordinating work across Risk & Compliance.
• Be responsible for all aspects of Compliance activity at Moneybox, managing, overseeing and supporting the team to plan and deliver assurance activities, provide pragmatic advice at pace, and carry out broader Compliance activities (e.g. horizon scanning, regulatory reporting, training, etc.).
• Drive constant improvements in how Moneybox delivers regulatory compliance, through the how the Compliance team work, how we interact with other teams, and support those teams in their consideration, measurement and monitoring of compliance and customer outcomes.
• Manage senior Compliance experts, including those that manage more junior members of the team.
• Provide advice, challenge and input to key decisions which require regulatory input.
• Manage relationships across almost all teams in the business.
• Lead on Compliance reporting to the Risk & Compliance Director and relevant committees, including the Product Governance Committee, Executive Committee and Board Risk Committee.
• Keep up to date with regulatory developments and initiatives impacting your responsibilities.

Who You Are

• A driven, motivated person who’s looking for a senior role at an exciting, fast-growing company that’s trying to make a positive mark on the world.
• An expert in stakeholder management, able to present, discuss and persuade at the highest levels of the organisation.
• An authority on FCA regulation, specifically the areas that affect Moneybox products, regulatory perimeter, threshold conditions and governance.
• Apt at balancing, prioritising and overseeing the responsibilities of the Compliance team to support the business, including advisory, monitoring and regulatory change activities focused on people: able to effectively manage and develop a team; able to empathise with our customers and how actions or incidents will affect them.
• Your communication style should be calm and clear, with the ability to cut through complexity to explain and focus on the key elements of problems.
• Organised, diligent and pragmatic with a strong bias for action.
• Has a questioning mind, and can work collaboratively to solve problems pragmatically. Able to adapt quickly and manage conflicting priorities.
• Takes a methodical, investigative approach to make good judgements.
• Unafraid to take on new obstacles, developing deep knowledge in new areas.
• Knows how to have fun whilst maintaining a professional outlook.

Experience And Skills

• Experience in leading, managing and developing compliance teams; minimum 10 years in financial services compliance.
• Extensive knowledge of UK regulatory requirements relevant to Moneybox; able to work with, support and hold to account experts across the Compliance team.
• Experience working directly with a broad range of teams, and particularly with product development teams.
• Great communication and listening skills.
• Fluency in English.

What’s in it for you?

• Opportunity to join a fast-growing, award-winning and super ambitious company.
• Work with a friendly team of highly motivated individuals.
• Be in an environment where you are listened to and can actually have an impact.
• Thriving collaborative and inclusive company culture.
• Company pension scheme.
• Hybrid working environment.
• Home office furniture allowance.
• Personal Annual Learning and Development budget.
• Private Medical Insurance.
• Health Cash Plan - cashback on everyday healthcare like dental and opticians.
• Cycle to work scheme - spread the cost of a new bike and accessories.
• CycleSaver - save on bike-share subscriptions and have a more sustainable commute.
• Wellhub subscription to a variety of gyms and wellbeing apps.
• Enhanced parental pay & leave.
• 25 days holiday + bank holidays with additional days added with length of service.

Our office is in London, by the Oxo Tower.

Our Commitment to DE&I

At Moneybox, we promote, support and celebrate inclusion, diversity and equity for all, so that everyone can bring their full selves to work. We believe that diversity drives innovation, and that if our team is representative of our community of customers, we can better support their needs. To ensure our recruitment processes provide an equal opportunity for all applicants to succeed, we encourage you to let us know if there are any adjustments that we can make. We are open-minded and always willing to go the extra mile to ensure all applicants can present their full self and potential.

Working Policy

We have a hybrid policy that includes 2 days from our London office and 3 from home. If the role states it is either hybrid or remote candidates must be based within the UK.

Visa Sponsorship

At this time we cannot offer visa sponsorship for this role and we cannot consider overseas applications.

Please read before you apply! Please note if offered a position, the offer is conditional and subject to the receipt of satisfactory pre-employment checks which we will conduct such as criminal record and adverse credit history checks. As a regulated financial business, an adverse financial history could impact your suitability for the role. If you are aware of anything that could affect your suitability for the role, please let us know in advance.

By sending us your application you acknowledge and agree to Moneybox using your personal data as described below. We collect applicants’ personal data to manage our recruitment related activities. Consequently, we may use your personal data to evaluate your application, to select and shortlist applicants, to set up and conduct interviews and tests, to evaluate and assess the results, and as is otherwise needed in the recruitment process generally. We do not share your personal data with unauthorised third parties. However, we may, if necessary, share your personal data to carefully selected third parties acting on our behalf. This may include transfers to servers and databases outside the country where you provided us with your personal data. Such transfers may include for example transfers and/or disclosures outside the European Economic Area and in the United States of America. If you are unsuccessful in your application, we may keep your details on file so that we can tell you about other suitable vacancies which may be of interest to you when they arise in the future. If you would rather we did not keep your details on file, you can contact us at email: DPO@moneyboxapp.com.