Our client is an ambitious, fast-growing payments and e-wallet group based in Saudi Arabia, now expanding internationally. The UK is its first step. It is setting up its UK business in Canary Wharf and preparing to apply to the FCA for authorisation as an electronic money institution. This is a new permanent post in a small UK leadership team. You’ll report to the UK Executive Director, who will mentor and coach you directly.
Role & Responsibilities
This is a chance to build the UK operating controls rather than take over someone else’s. You’ll own the UK operating controls and how the UK business works with finance. You’ll make sure work done by external providers and the group head office is properly overseen and accountable in the UK. Your remit will include:
- Owning or overseeing safeguarding, daily reconciliations and the checks and controls around them
- Overseeing outsourced providers and contracts against UK regulatory obligations, and keeping evidence that the checks are done
- Coordinating the UK finance and operating model with head-office finance, advisers and external auditors
- Reviewing and challenging financial projections, assumptions, outsourcing arrangements and wind-down plans
- Helping design the control framework for an efficient, largely outsourced operating model
The Desired Applicant
- Hands-on experience in UK EMI or payments operations, safeguarding, or finance and operations management
- Strong operational control skills, ideally including building processes in a smaller or growing payments business
- Sound financial judgement and the confidence to review and challenge specialists, providers and senior stakeholders
- Comfortable working across UK and Saudi teams in a lean, fast-moving setting, sometimes with early or late meetings
- An accountancy qualification is welcome but not essential
- Ready for your first end-to-end leadership role, with a long-term view beyond authorisation
- London-based or able to commute to Canary Wharf every day
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Operations & Finance Lead employer: Russam
At Russam, we pride ourselves on being an exceptional employer that values expertise and fosters a collaborative work culture. As an Interim CFO for Sale Readiness & Due Diligence, you will have the opportunity to work alongside seasoned professionals in a dynamic environment that encourages personal and professional growth. Our commitment to employee development, coupled with our focus on impactful financial strategies, makes us an ideal place for those seeking meaningful and rewarding employment in the heart of the Private Equity sector.
