Compliance Manager - Credit

LemFi; Greater London; On-site; GBP 80,000 - 110,000; Full time

Job summary

LemFi is seeking a senior compliance professional to join Pillar Labs Ltd, LemFi's regulated credit entity, as a core second-line compliance hire. You will provide regulatory guidance, oversee financial crime controls and consumer duty, and liaise with the MLRO on new product launches and FCA engagements.

The role involves reviewing customer communications, handling SARs, and delivering MI to Board-level stakeholders in a lean, growing team. A relevant ICA compliance qualification is preferred.

Qualifications

• 3+ years in a compliance role at an FCA-regulated firm
• Experience with consumer credit products and financial crime
• Ability to review promotions against FCA rules
• Experience reporting MI to senior stakeholders
• Comfort in a lean, fast-paced team environment

Responsibilities

• Oversee day-to-day second-line oversight across DISP/CONC 7 and customer support, reporting findings to SMF16/17
• Review and approve all customer-facing content against FCA rules and CAP Code
• Act as deputy MLRO: review financial crime alerts, escalations and SARs; cover MLRO duties as needed
• Run Consumer Duty outcomes monitoring and produce MI packs for the Board and ExCo
• Prepare FCA returns and ad hoc data requests; maintain breach and actions logs
• Oversee third-party risk, vendor due diligence and IARs
• Support SMF16/17 on product reviews, regulatory changes and anti-money laundering framework using AI for drafting and QA

Skills

Regulatory advice

Second-line oversight

Financial promotions review

MI reporting

Time management

Education

ICA Certificate or Diploma in Compliance

Tools

AI tooling

Job description

Ambition has no passport. That belief is why LemFi exists. We're the financial engine for people the world wasn't built to serve, the millions who move countries to build something better and find the financial system hasn't caught up with them yet. We started with remittances: the money people send home to the people they love. Now we run multi-currency accounts, Savings, eSIMs and Credit. Because staying connected to home and building somewhere new are not two separate things. They never were.

About The Role

Pillar Labs Ltd is LemFi's regulated credit entity, and this is its core compliance hire. You'll sit inside a small, growing second-line function, reporting directly to the Compliance Lead and MLRO (SMF16/SMF17). The role spans the full width of a consumer credit business: day‑to‑day conduct oversight, financial crime, Consumer Duty, financial promotions, FCA returns and deputy MLRO cover. It's broad by design, because the function is lean and the business is building.

This is a hands‑on role with real visibility. You'll give practical regulatory advice to Customer Support, Collections and Complaints, review and approve customer‑facing content before it goes live, carry out first review of financial crime escalations and internal SARs, and prepare the MI that lands in front of the Board and ExCo. You'll also work directly with the SMF16/17 on new product launches, regulatory change and FCA engagement. If you want to own a wide brief in a business you can actually see growing, this is it.

What you'll build and own

• Deliver day-to-day second-line oversight across complaints handling (DISP), collections and arrears (CONC 7) and customer support, reporting findings and themes to the SMF16/17
• Review and approve all customer‑facing content before it goes live: marketing, app journeys, servicing emails, arrears communications and partner promotions, assessed against the financial promotions rules, Consumer Duty and the CAP Code
• Act as deputy MLRO: carry out first review of financial crime alerts, escalations and internal SARs, prepare them for MLRO decision, and cover MLRO duties when needed
• Run Consumer Duty outcomes monitoring and testing, including vulnerable customer identification and support, and prepare the Board and ExCo MI pack
• Prepare scheduled FCA returns and ad hoc data requests ready for sign-off, and maintain the compliance breach log, issues log and actions tracker
• Carry out day-to-day oversight of third parties, including vendor due diligence and ongoing monitoring (IARs)
• Support the SMF16/17 on new product and product change reviews, regulatory change projects and the firm's financial crime framework, using AI tooling to move faster on drafting, analysis and QA

Your experience

• 3 or more years in a compliance role at an FCA-regulated firm, with direct exposure to consumer credit products
• Hands‑on financial crime experience: reviewing alerts and escalations, drafting or reviewing internal SARs, and solid working knowledge of POCA and the Money Laundering Regulations
• Practical experience reviewing and approving financial promotions and customer‑facing communications against the FCA rules
• Working knowledge of Consumer Duty and DISP complaints handling, with experience running second‑line oversight or QA of complaints, collections or customer support
• Comfortable preparing written reports and MI for senior stakeholders, and giving clear, practical regulatory advice to first‑line teams under time pressure
• At ease working in a lean team where you pick up the brief early, work through ambiguity and get things done without a large support structure around you

Nice to have

• Experience acting as deputy MLRO or nominated officer cover, and familiarity with vulnerable customer frameworks and Consumer Duty outcomes testing
• Experience of FCA regulatory returns, outsourcing oversight (IARs) and CONC in a fintech or fast‑growing credit business
• A relevant qualification such as the ICA Certificate or Diploma in Compliance or Anti Money Laundering

Why join LemFi?

Your work here puts money back into families' pockets. That's the reward, and the weight of it. You'll take on some of the hardest problems in finance alongside people who do their best work when the stakes are real. We move fast and we expect a lot, because our customers can't afford for us to do otherwise. In return you get room to own real problems, global impact you can see, and a team that won't slow you down.

Bring grit and ownership and there's a place for them here. Ambition belongs here, come and show us yours.

AI in hiring at LemFi

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