Head of Compliance UK

Unlimit; London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

Unlimit, a leading fintech company, is seeking a Head of Compliance for its UK operations. In this role, you will lead the compliance function to ensure adherence to regulations, manage the compliance framework, and support the organization in navigating the regulatory landscape. Ideal candidates will have extensive experience in compliance within FCA-regulated environments and strong leadership skills, contributing to our mission of providing stability and readiness for the future.

Benefits

Attractive monthly salary based on experience

Modern workplace in central London

Free lunch on selected days

Flexible working arrangements

Qualifications

• 5+ years of experience in compliance within FCA-regulated firms.
• Proven experience as Head of Compliance or in a senior compliance role.
• In-depth understanding of regulations like EMRs and PSRs.

Responsibilities

• Develop and maintain a robust compliance framework.
• Monitor regulatory developments and advise management.
• Lead compliance monitoring and internal audits.

Skills

Leadership

Stakeholder Management

Time Management

Risk Management

Education

ICA or ACAMS or equivalent

Job description

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About Unlimit

Founded in 2009, Unlimit is a global fintech company with 16 offices all over the world and more than 400 employees, that offers a large portfolio of financial services - from acquiring (payment processing) to banking and banking as a service. Our mission is to be "ready for tomorrow" and to provide our customers with a sense of stability in the ever-changing financial landscape and an opportunity to be prepared for whatever the tomorrow of business brings their way, so that while others observe, they can already take advantage.

About the job:

We are seeking an experienced and dynamic Head of Compliance (UK Region) to lead the compliance function of our FCA licensed and regulated Electronic Money Institution.

The successful candidate will play a key leadership role in ensuring full and ongoing compliance with all applicable laws, regulations, and guidelines/requirements issued/set by the FCA and/or other relevant bodies.

This role involves designing, implementing, and continuously improving the firm's compliance framework and internal controls, reflecting regulatory requirements and developments, as well as the best industry practices.

Key Qualifications and Soft Skills:

• 5+ years of experience in compliance function within FCA-regulated firms or similar payments/FinTech environments.
• Proven experience as Head of Compliance or Senior position within a compliance function.
• Familiar with and in-depth understanding of applicable regulations and guidelines including, but not limited to, Electronic Money Regulations (EMRs), Payment Services Regulations (PSRs), FCA Handbook.
• Excellent communication, leadership, and stakeholder management skills.
• Ability to assess regulatory requirements and provide advice to Executive Management and other stakeholders.
• Strong risk-based approach on compliance related matters.
• Strong time management skills and able to meet strict deadlines (both internal and external).
• Professional qualifications, such as ICA, ACAMS or equivalent, are desirable and will be considered as a plus.

Key Responsibilities:

• Develop, implement, and maintain a robust compliance framework in line with applicable regulations and FCA guidelines/requirements.
• Draft, review, and update policies and procedures in line with regulatory requirements.
• Monitor regulatory developments and assess their impact on business operations, and provide relevant analysis and advice to Executive Management and other stakeholders.
• Lead the firm's compliance monitoring programme and internal audits.
• Maintaining the firm's relationship with the FCA, through regular regulatory reporting (preparation and submission), ad hoc notifications and general communication.
• Act as the firm's main contact person in relation to queries of regulatory nature from other authorities and/or third parties.
• Liaise with external advisors and auditors as needed.
• Providing guidance and support on firm's banking/membership (e.g. card schemes) applications as needed.

We offer:

• Attractive monthly salary paid in line with experience;
• Modern workplace based in central London, with free lunch available on selected days;
• A team of top international professionals to work with and learn from;
• Flexible working arrangements, with hybrid working available;

Join Unlimit Team now!

Unlimit is an equal opportunity employer. We believe passionately that employing a diverse workforce is central to our success. We make recruiting decisions based on your experience and skills. We welcome applications from all members of society irrespective of age, sex, disability, sexual orientation, race, religion or belief.