Head of Compliance

About Octopus Money

🐙 We’re on a mission to transform millions of lives by building financial resilience and wealth for everyone 🐙

Money shapes every part of life. Yet most people never get the support they need:

• Half of Brits reach retirement age without enough to live the life they want
• Financial stress is a leading cause of poor mental health
• Only 8% of people have access to 1-to-1 financial advice

There’s no shortage of information. What people actually need is clarity, guidance and a plan that makes sense for them.

That’s where we come in. Octopus Money brings together financial planning, investment expertise and smart technology so people can understand their options and take action with confidence. We help people build a clear plan for their savings, investments and pensions and make investing simple with managed portfolios built by experts. We also support employers who want their teams to feel more secure and in control.

Some people need regulated advice. Others need coaching. Many need both at different points in life. Our service adapts to what each person needs. We believe everyone deserves money support that works for real life.

The role and opportunity

The Head of Compliance (SMF16) will play a critical role in ensuring that Octopus Money operates within the framework of all applicable regulations and standards. This is a senior role and will involve designing, implementing and managing a robust compliance framework that supports our strategic objectives while mitigating regulatory risks. The successful candidate will act as the primary contact with regulatory bodies and oversee all aspects of compliance, including monitoring, reporting and advisory functions.

Key responsibilities

• Assume responsibility for the firm’s compliance with the regulatory framework, fulfilling the SMF16 function under the Senior Managers and Certification Regime (SMCR)
• Develop, implement and maintain the firm’s compliance policies, procedures, and systems to ensure alignment with relevant laws and regulations (e.g., FCA Handbook)
• Provide expert advice and guidance to the Board, senior management and business units on compliance matters