Compliance Officer

Description:

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