At a Glance
- Tasks: Lead compliance initiatives and ensure adherence to FCA and PSR regulations.
- Company: Dynamic global Fintech company based in London.
- Benefits: Competitive daily rate, flexible working arrangements, and a chance to shape compliance strategies.
- Other info: Opportunity for professional growth in a collaborative team.
- Why this job: Join a fast-paced environment and make a real impact on regulatory compliance.
- Qualifications: 5+ years in compliance with strong knowledge of UK financial regulations.
We are seeking a highly experienced Senior Compliance Specialist to support the development and management of a comprehensive compliance program within a global Fintech based in their London, UK office. The role will focus on compliance with regulatory requirements, particularly under the Financial Conduct Authority (FCA) and Payment Services Regulations (PSRs). You will work closely with cross-functional teams including Legal, Risk, Security, Technology, Operational Resilience, and Business Units to identify compliance risks, emerging regulatory changes, and provide advice on effective risk mitigation strategies.
Key Responsibilities:
- Support the development and implementation of the company's overall compliance program with a specific focus on FCA and PSR requirements.
- Collaborate with Legal, Risk, Security, Operational Resilience, and business teams to assess and address key compliance risks, identifying new or emerging areas of concern.
- Advise on the application of suitable mitigating controls to address identified risks.
- Assist in the development of the company's compliance strategy, ensuring alignment with all legal and regulatory requirements.
- Provide compliance guidance for the introduction of new regulated financial services products.
- Manage compliance-related aspects of high-priority regulatory requirements, including governance, monitoring, and the updating of key internal policies and procedures.
- Support the company in ensuring compliant growth in its international business operations, particularly in the EMEA region.
- Monitor and support the company's response to major EU regulatory initiatives, such as PSD2, GDPR, SEPA, cross-border payments, and other financial services regulations.
- Foster a positive, proactive approach to compliance across the organization, promoting awareness and understanding of regulatory obligations.
Key Skills:
- 5+ years of experience in compliance, regulatory affairs, or legal roles within fintech, payments, or banking sectors.
- Deep understanding of UK financial regulations, particularly the FCA Handbook and PSD2.
- Proven expertise in dealing with FCA compliance expectations, including governance, risk management, audits, and compliance culture.
- Experience in managing compliance programs, with a focus on monitoring, assurance, and financial services.
- Strong proficiency in risk management and the development of compliance frameworks and controls.
- Ability to adapt to dynamic, fast-paced environments and changing regulatory landscapes.
- Skilled at building relationships with senior stakeholders and acting as a trusted advisor on compliance matters.
Education and Qualifications:
- A degree in a relevant subject or an equivalent professional qualification is preferred.
- Certified compliance professional (e.g., ICA, CAMS, CRCM) is a plus.
We are looking for a proactive and experienced professional to help ensure that the organization remains compliant in an ever-changing regulatory landscape. If you thrive in a dynamic environment and have a passion for compliance, we would love to hear from you.
Compliance Manager - Payments Experience in London employer: RedCat Digital
Join a leading global Fintech in London, where you will be part of a dynamic team dedicated to fostering a culture of compliance and innovation. With competitive daily rates and a collaborative work environment, this role offers the opportunity to engage with cross-functional teams while contributing to the company's growth in the EMEA region. The company prioritises employee development and provides a supportive atmosphere that encourages proactive compliance practices, making it an excellent employer for those seeking meaningful and rewarding work.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Manager - Payments Experience in London
✨Network Like a Pro
Get out there and connect with people in the fintech and compliance space. Attend industry events, webinars, or even local meetups. You never know who might have the inside scoop on job openings or can put in a good word for you!
✨Show Off Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience with FCA regulations and compliance frameworks. Share specific examples of how you've tackled compliance challenges in the past – it’ll show them you’re the real deal!
✨Tailor Your Approach
Every company is different, so do your homework! Understand their compliance needs and challenges, especially around PSD2 and other regulations. Tailor your conversations to show how you can help them navigate these waters.
✨Apply Through Us!
Don’t forget to check out our website for the latest job openings. Applying through us not only gives you access to exclusive roles but also puts you in touch with a team that’s ready to support you in landing that dream job!
We think you need these skills to ace Compliance Manager - Payments Experience in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compliance Manager role. Highlight your experience with FCA and PSR regulations, and don’t forget to showcase any relevant compliance programs you've managed. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about compliance and how your background makes you the perfect fit for our team. Be sure to mention specific experiences that relate to the job description.
Showcase Your Soft Skills:While technical skills are crucial, don’t underestimate the power of soft skills! Highlight your ability to build relationships with stakeholders and your proactive approach to compliance. We love candidates who can communicate effectively and foster a positive compliance culture.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to submit all your documents in one go. Plus, it helps us keep track of your application better!
How to prepare for a job interview at RedCat Digital
✨Know Your Regulations
Make sure you brush up on the FCA Handbook and PSD2 regulations before your interview. Being able to discuss specific compliance requirements and how they apply to the role will show that you're not just familiar with the basics, but that you truly understand the landscape.
✨Showcase Your Experience
Prepare to share concrete examples from your past roles where you've successfully managed compliance programs or navigated regulatory challenges. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your achievements.
✨Collaborative Mindset
Since this role involves working closely with various teams, be ready to discuss how you've collaborated with legal, risk, and operational teams in the past. Highlight your ability to build relationships and act as a trusted advisor on compliance matters.
✨Stay Current
Demonstrate your awareness of current trends and changes in the regulatory environment, especially those affecting fintech and payments. Mention any recent developments in EU regulations that could impact the company, showing that you're proactive and engaged in the industry.