At a Glance
- Tasks: Ensure compliance with FCA regulations and manage risk oversight in a fast-growing fintech.
- Company: Join Ryft, an innovative FCA-authorised payment institution expanding across the UK, EU, and US.
- Benefits: Enjoy hybrid working, competitive salary, and direct influence on compliance capabilities.
- Other info: Opportunity for career growth and exposure to leadership in a rapidly evolving industry.
- Why this job: Shape the future of compliance in a dynamic fintech environment and make a real impact.
- Qualifications: Strong knowledge of FCA rules and practical experience with card scheme compliance.
The predicted salary is between 59400 - 72600 £ per year.
Ryft is an FCA-authorised payment institution and PCI DSS Level 1 certified payment facilitator, providing acquiring and payments infrastructure to merchants and marketplaces.
We're growing fast, expanding across the UK, EU and US, and building a compliance function that can scale with us.
The Role
We're looking for a Regulatory Compliance Manager and Deputy MLRO to strengthen our second line of defence as Ryft scales.
You'll work closely with the MLRO to ensure Ryft meets its obligations as an FCA-regulated payment institution and as a facilitator operating under Visa, Mastercard and Amex scheme rules.
This is a hands‑on role covering regulatory compliance, card scheme compliance, policy ownership and merchant risk oversight.
Key Responsibilities
- Monitor and interpret FCA requirements relevant to payment institutions, including the Payment Services Regulations 2017, safeguarding rules, DISP (complaints handling), SYSC and financial promotions.
- Own and maintain compliance policies and procedures, keeping them current against regulatory change and internal audit findings.
- Act as a subject matter expert on Visa, Mastercard and Amex scheme rules, including merchant registration, brand protection, high-risk merchant categorisation and scheme fines/violations.
- Support merchant onboarding and underwriting by advising on risk classification, KYB requirements and scheme-specific restrictions.
- Manage regulatory reporting obligations and support FCA returns and submissions.
- Support the MLRO on AML/CTF matters, including SARs, risk assessments and transaction monitoring escalations.
- Track third‑party and outsourcing risk in line with DORA and FCA operational resilience expectations.
- Prepare board and committee papers summarising compliance risk, incidents and regulatory developments.
- Act as a point of contact for compliance queries from Commercial, Underwriting and Engineering teams.
- Support due diligence responses for partners and acquiring banks (e. g. DDQs, scheme audits, partner reviews).
- What We’re Looking For
- Strong working knowledge of FCA rules applicable to payment institutions and/or e‑money institutions.
- Practical experience with card scheme rules, ideally across Visa, Mastercard and Amex (merchant registration, high‑risk MCCs, scheme compliance programmes).
- Experience in a payments, acquiring, PSP or fintech compliance function.
- Confident communicator able to translate regulatory requirements into practical guidance for commercial and technical teams.
- Comfortable working independently and prioritising across competing regulatory demands.
- Excellent attention to detail and clear, concise written work (policies, reports, board papers).
- Nice to Have
- Experience with AML/CTF frameworks and SAR processes.
- Familiarity with PCI DSS requirements.
- Exposure to safeguarding and CASS‑adjacent requirements for payment institutions.
- What Ryft Offers
- The chance to build compliance capability at a fast‑growing, FCA‑regulated fintech.
- Direct exposure to leadership and real influence over how the function is shaped.
- Hybrid working from our Manchester base.
- Competitive salary, dependent on experience.
- #J-18808-Ljbffr
Regulatory Compliance Manager in Manchester employer: Ryft
At Ryft, we pride ourselves on being an exceptional employer in the heart of Manchester, offering a dynamic work culture that fosters innovation and collaboration. Our commitment to employee growth is evident through continuous training opportunities and a supportive environment that encourages professional development. Join us to be part of a forward-thinking fintech team where your contributions directly impact the future of payments.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Compliance Manager in Manchester
✨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 Ryft looking for candidates who are engaged and informed.
We think you need these skills to ace Regulatory Compliance Manager in Manchester
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 Ryft. 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 Ryft
✨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 Ryft’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
