At a Glance
- Tasks: Lead compliance and financial crime functions, ensuring regulatory adherence and risk management.
- Company: Join Revolut, a fast-growing fintech revolutionising how people manage their money.
- Benefits: Competitive salary, inclusive culture, remote work options, and career development opportunities.
- Other info: Diverse and inclusive workplace with a focus on innovation and employee well-being.
- Why this job: Make a real impact in a dynamic environment while shaping the future of finance.
- Qualifications: 12+ years in compliance, leadership experience, and strong regulatory knowledge.
The predicted salary is between 63000 - 77000 £ per year.
About Revolut
People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products - including spending, saving, investing, exchanging, travelling, and more - help our 75+ million customers get more from their money every day. As we continue our lightning-fast growth, two things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work™. So far, we have 13,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.
About the role
Our Compliance team blends regulatory expertise with data-driven thinking to make sure our products meet legal and policy requirements and deliver real value to customers. In a fast-moving, digital environment, they stay one step ahead by finding smart, scalable ways to manage conduct risk.
We're looking for an innovative and driven Chief Compliance Officer to lead the Compliance and Financial Crime functions of Revolut Trading Ltd. This will be an SMF 16 role. The MLRO will hold the SMF 17 and will report into the Chief Compliance Officer.
What you'll be doing
- Serving as the SMF16 and provide leadership and oversight of the firm's regulatory compliance framework while ensuring effective challenge and independent oversight across first and second line activities
- Maintaining and continually enhance governance frameworks to ensure appropriate oversight, escalation and effective challenge of compliance and financial crime across the business
- Developing and maintaining a trusted and transparent relationship with the FCA and other regulators
- Providing leadership and direction to the Regulatory Compliance, Financial Crime, Assurance and Regulatory Affairs functions
- Overseeing the planning, the risk assessment and the execution of the Compliance Monitoring Plan
- Promoting and embed adherence to the FCA Principles, Consumer Duty and Conduct Rules throughout the firm
- Collaborating with the global Revolut compliance function to ensure local risk management frameworks and processes are aligned and deliver the intended outcomes
What you'll need
- Previous SMF16 or equivalent leadership experience (including having oversight over compliance and risk functions)
- 12+ years of financial crime and regulatory compliance experience
- Experience working with the FCA or other global regulators (PRA/ ECB/ JST/ FED/ OCC/ SEC) and having a strong understanding of cross border booking model expectations and its 2nd order impacts
- Expertise in providing oversight for a diverse range of financial instruments for retail, professional or eligible counterparties
- Experience in working in a multi asset and multi jurisdictional regulated footprint organisation, that services clients on a cross border basis
- Expertise in identifying financial crime and regulatory compliance risks and potential vulnerabilities and advising on best practices
- The ability to build solutions with data to streamline compliance and financial crime processes and oversight
Nice to have
- Experience in Wealth Management and Advisory services
- Experience working within fintech or a digital bank
Building a global financial super app isn't enough. Our Revoluters are a priority, and that's why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow every day. We're not just doing this because it's the right thing to do. We're doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That's why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.
Chief Compliance Officer (Wealth & Trading) in London employer: Revolut Ltd
Revolut Ltd is an exceptional employer, offering a dynamic work culture that prioritises flexibility and employee well-being. With a comprehensive benefits package and opportunities for professional growth, employees are empowered to thrive in their roles while contributing to meaningful compliance efforts in the financial sector from the comfort of their own homes across the UK.
StudySmarter Expert Advice🤫
We think this is how you could land Chief Compliance Officer (Wealth & Trading) 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 Revolut Ltd looking for candidates who are engaged and informed.
We think you need these skills to ace Chief Compliance Officer (Wealth & Trading) 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 Revolut Ltd. 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 Revolut Ltd
✨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 Revolut Ltd’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
