At a Glance
- Tasks: Lead the Compliance team and ensure effective regulatory compliance at Moneybox.
- Company: Join Moneybox, a fast-growing fintech making a positive impact.
- Benefits: Competitive salary, career growth, and a dynamic work environment.
- Other info: Collaborative culture with opportunities to innovate and have fun.
- Why this job: Shape compliance strategies and influence key business decisions.
- Qualifications: 10+ years in financial services compliance and strong stakeholder management skills.
The predicted salary is between 70000 - 90000 £ 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 (Pensions) in London
✨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 Moneybox looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Manager (Pensions) in London
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 Moneybox. 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 Moneybox
✨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 Moneybox’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!