Head of UK Compliance | London, UK

We are seeking a highly experienced and strategic Head of UK Compliance to lead our compliance strategy within the UK market. This role will be pivotal in ensuring that the company meets all regulatory requirements while fostering a culture of compliance throughout the organization. The successful candidate will serve as the primary point of contact with UK regulators, including the Financial Conduct Authority (FCA), and will oversee all compliance-related activities within the region.

About Us

Sokin is a leading B2B financial services provider that enables global payments and receivables for businesses. Our mission: make cross-border transactions cheaper, faster and more transparent – at the best wholesale exchange rate.

We’re a new-age payments solution aiming to empower business trade cross-border with ease, with greater speed, and at reduced cost. Our clients can hold, send, receive and exchange over 75 currencies at a fixed rate through a single access point, as well as benefit from SokinPay’s integrated payment acceptance functionality. With a global infrastructure and industry-leading partners, we are rapidly becoming one of the biggest names in modern remittance.

Sokin has a rapidly increasing client base ranging from sports & entertainment to logistics, travel and more. We have grand plans and are looking to add to our already brilliant team to help us achieve our goals.

Key Responsibilities

1. Lead UK compliance and develop strategies to ensure compliance with all applicable laws, regulations, and internal policies.
2. Maintain and manage relationships with UK regulatory bodies, primarily the FCA, ensuring timely and effective communication.
3. Oversee the implementation and maintenance of compliance programs, including AML, KYC, GDPR, and financial crime prevention.
4. Conduct regular risk assessments and ensure appropriate controls are in place to mitigate compliance risks.
5. Advise senior management and the board on compliance-related matters and emerging regulatory trends.
6. Develop and deliver compliance training programs to ensure all employees understand their obligations.
7. Monitor regulatory changes and advise on necessary adjustments to company policies and procedures.
8. Prepare and submit regulatory reports, ensuring accuracy and adherence to deadlines.
9. Collaborate with cross-functional teams, including Legal, Risk, and Operations, to support business objectives while ensuring compliance.
10. Lead internal and external compliance audits and address any findings in a timely manner.

Qualifications & Experience

1. Bachelor’s degree in Law, Finance, Business, or a related field; relevant certifications (e.g., ICA, ACAMS) are highly desirable.
2. Minimum of 2 years as an FCA approved individual.
3. Extensive knowledge of UK financial regulations, including FCA guidelines, AML laws, and data protection regulations.
4. Proven experience managing relationships with regulatory bodies.
5. Excellent communication and interpersonal skills, capable of influencing stakeholders at all levels.
6. High level of integrity, attention to detail, and the ability to make sound judgments under pressure.

Please note, candidates will need to have the right to work in the jurisdiction that they are looking to work in.

Sokin is an equal opportunities employer and committed to maintaining an inclusive work environment. As a growing global startup with bases across multiple countries, we were established on and continue to promote an agile, flexible working culture. Please reach out to discuss any accommodations you may require during the recruitment process.

Department: Compliance

Locations: London

Remote status: Hybrid

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