At a Glance
- Tasks: Lead the Compliance team and ensure effective regulatory compliance at Moneybox.
- Company: Join Moneybox, a fast-growing company making a positive impact in finance.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Exciting opportunity to grow in a collaborative and innovative team.
- Why this job: Make a real difference in customer outcomes while working with senior leadership.
- Qualifications: 10+ years in financial services compliance and strong stakeholder management skills.
The predicted salary is between 60000 - 80000 £ per year.
hackajob is collaborating with Moneybox to connect them with exceptional professionals for this role. We are looking for a senior, experienced compliance professional to run Compliance at Moneybox. You will report to the VP Risk & Compliance 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.
- 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 VP Risk & Compliance 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.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Manager - Maternity Cover in London
✨Dive into Industry Groups
Join compliance and risk management groups on platforms like LinkedIn and Facebook. These communities often share temp job postings and insights. You’d be surprised at how many temporary gigs float around through word of mouth!
✨Showcase Your Expertise
Consider creating content on compliance topics that get you noticed—think LinkedIn articles or even a blog. This not only shows off your knowledge but can grab the attention of companies like Moneybox when they’re searching for someone to fill a temporary position.
✨Tap into Recruitment Agencies
Reach out to recruitment agencies that specialise in compliance and risk roles. They’re usually in touch with companies looking to fill temporary roles, which can save us a lot of time in our job search.
✨Go Local with Networking
Attend local compliance and risk seminars or workshops. Meeting professionals in our area can open up temp opportunities, and it’s a great way to make your face known in the industry—plus, you might even meet someone from Moneybox!
We think you need these skills to ace Compliance Manager - Maternity Cover in London
Some tips for your application 🫡
Show Your Compliance Know-How:When you’re applying for a compliance-risk role like Compliance Manager - Maternity Cover, make sure to highlight your understanding of industry regulations and risk management principles. Mention any relevant coursework, certifications, or projects that showcase your expertise in these areas—it's what sets you apart!
Highlight Your Analytical Skills:In the compliance-risk field, strong analytical skills are essential. Talk about your experiences that required critical thinking and data analysis, whether in past roles, internships, or academic projects. Show us how you've identified risks and implemented solutions in the past.
Tailor Your CV for the Temporary Role:Since this is a temporary role, focus on your availability and flexibility in your CV. Highlight any previous short-term roles or projects that demonstrate your ability to adapt quickly and deliver results in a fast-paced environment. This helps employers see you as an easy fit in their team!
A Concise Cover Letter is Key:Keep your cover letter short and focused! Explain why you're interested in the compliance-risk area specifically for this temporary position at Moneybox. Mention what you hope to learn and achieve, showing your enthusiasm and motivation to contribute positively during your time there.
How to prepare for a job interview at Moneybox
✨Know Your Compliance Basics
Make sure you're clued up on the key compliance and risk regulations pertinent to the industry you're applying to. Understanding frameworks like GDPR or AML will not only impress but also show that you’re ready to hit the ground running in your temporary role at Moneybox.
✨Prepare for Scenarios
Expect scenario-based questions that test your problem-solving skills. They might ask how you'd handle a specific compliance issue. Think through real situations you’ve encountered in past roles or study hypothetical cases to showcase your analytical skills and practical judgement during the interview.
✨Highlight Your Adaptability
Since this is a temporary position, emphasise your ability to adapt quickly to new environments and team dynamics. Share examples of how you’ve successfully adjusted to changes in past roles and how this flexibility can benefit Moneybox in the short term.
✨Gather Your Technical Tools
Familiarise yourself with commonly used compliance tools or software, as they might come up in the interview. If you've used tools for risk assessments or compliance tracking, mention those and be ready to discuss how they can streamline processes at Moneybox.
