At a Glance
- Tasks: Oversee compliance frameworks and provide regulatory guidance in a fast-paced environment.
- Company: A growing FCA-regulated payments and FX business with a dynamic culture.
- Benefits: Competitive salary, hybrid working, professional development, and exposure to senior leadership.
- Other info: Opportunity for career growth and involvement in strategic compliance initiatives.
- Why this job: Make a significant impact while taking ownership of compliance in an evolving organisation.
- Qualifications: 5+ years of compliance experience in FCA-regulated environments and strong communication skills.
The predicted salary is between 40500 - 49500 £ per year.
We are recruiting for a Compliance Officer to join the Risk & Compliance team of a growing FCA-regulated payments and FX business.
This is an excellent opportunity for an experienced compliance professional looking to take ownership of a broad compliance remit within a fast-paced and evolving organisation.
Working closely with senior leadership, you will be responsible for overseeing the day-to-day compliance framework, providing regulatory guidance, delivering monitoring activities and ensuring the business meets its regulatory obligations as it continues to grow.
The successful candidate will hold, or be capable of obtaining, FCA approval as a PSD Individual with responsibility for compliance oversight.
Key Responsibilities
- Compliance Oversight & Monitoring
- Own and deliver the compliance monitoring programme across the business.
- Conduct compliance reviews and testing activities, tracking actions through to completion.
- Act as a key point of contact for regulatory compliance matters.
- Maintain compliance registers, including breaches, complaints, conflicts of interest, and gifts and hospitality.
- Produce compliance management information and reporting for senior leadership and the Board.
- Regulatory Advice & Governance
- Provide day-to-day regulatory advice across the business.
- Support the interpretation and implementation of regulatory requirements, including Payment Services Regulations and Consumer Duty.
- Monitor regulatory developments and assess their impact on the organisation.
- Maintain and update compliance policies, procedures and frameworks.
- Assist with regulatory change projects and business initiatives.
- Safeguarding & Regulatory Reporting
- Oversee safeguarding arrangements and associated controls.
- Support safeguarding reconciliations, reporting requirements and audit activities.
- Prepare and submit regulatory returns and notifications accurately and on time.
- Ensure regulatory obligations are met in line with FCA expectations.
- Stakeholder Engagement & Training
- Review and approve financial promotions and customer-facing communications.
- Deliver compliance training and promote a positive compliance culture.
- Build effective relationships with key stakeholders across the business.
- Support audits, regulatory reviews and due diligence requests from banking partners.
- Work collaboratively with the MLRO and Financial Crime teams.
Who we are looking for
Essential
- At least 5 years' compliance experience within an FCA-regulated environment.
- Strong knowledge of regulatory compliance within payments, e-money, FX, fintech or financial services.
- Experience of compliance monitoring, regulatory reporting and policy development.
- Excellent understanding of regulatory frameworks and governance requirements.
- Strong communication skills with the confidence to advise and challenge senior stakeholders.
- Highly organised with strong attention to detail and the ability to manage multiple priorities.
Desirable
- Previous approval as a PSD Individual or SMF16.
- Knowledge of Payment Services Regulations, safeguarding requirements and Consumer Duty.
- Experience working within payments, foreign exchange or fintech businesses.
- ICA Diploma or another relevant compliance qualification.
Why you will love working here
- Basic Salary between 80,000 and 95,000 depending on experience
- Hybrid working with a Central London office.
- Opportunity to take ownership of a broad compliance function.
- Professional development and qualification support.
- Exposure to senior stakeholders and strategic compliance initiatives.
- The chance to make a significant impact within a growing regulated business.
If you're an experienced compliance professional looking to play a key role within an ambitious and expanding financial services organisation, we'd love to hear from you.
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Compliance Officer employer: Vero HR Limited
Vero HR Limited is an exceptional employer located in the vibrant Canary Wharf, offering a dynamic work culture that fosters growth and innovation. With a strong emphasis on ongoing training and mentorship, employees are empowered to excel in their roles while enjoying the benefits of generous uncapped commissions and clear pathways for long-term career advancement. Joining our team means being part of a high-performance environment where your contributions are valued and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer
✨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 Vero HR Limited looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Officer
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 Vero HR Limited. 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 Vero HR Limited
✨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 Vero HR Limited’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
