Regulatory Compliance Manager, Amazon Payments UK (Compliance)

ENGINEERINGUK; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a Regulatory Compliance Manager to join their dynamic team. This role involves ensuring that payment activities meet all legal and regulatory standards while providing expert advice and oversight on compliance matters. You will be a key player in developing policies, training staff, and maintaining up-to-date knowledge of regulatory changes. If you thrive in a fast-paced environment and possess strong analytical and communication skills, this position offers a fantastic opportunity to make a significant impact and drive compliance excellence in a growing organization.

Qualifications

• 4+ years of compliance experience in financial services or regulatory bodies.
• Strong knowledge of FCA regulations and Payment Services Regulations.

Responsibilities

• Ensure compliance of payment activities with legal and regulatory requirements.
• Provide compliance training and prepare reports for governance committees.

Skills

Compliance Management

Regulatory Knowledge

Stakeholder Management

Analytical Thinking

Organizational Skills

Communication Skills

Problem Solving

Education

Experience in Financial Services

Experience with FCA Regulations

Job description

Regulatory Compliance Manager, Amazon Payments UK (Compliance)

DESCRIPTION

We are looking for an experienced compliance professional to join the Amazon Payments UK (APUK) team to support compliance operations of the firm. The Compliance Manager will be responsible for supporting regulatory compliance of the payments propositions within the UK.

The Compliance Manager will be part of the 2nd line Compliance Office and responsible for providing regulatory oversight and approval for new programs, providing expert advice to stakeholders and supporting strategy design with regulatory input.

This opportunity requires a subject matter expert to contribute within a fast-paced, growing team. You will champion customer outcomes and use your knowledge of the industry and regulatory horizon to ensure sustainable, compliant solutions are formed. You will comfortably handle ambiguity, and provide pragmatic challenge to colleagues, peers and leadership and you are not afraid to roll up your sleeves and dive into the details. You think outside of the box, coming up with solutions in times of ambiguity.

Key job responsibilities

1. Assist in ensuring APUK's payment activities operate in accordance with all legal and regulatory requirements by monitoring the compliance of business activity.
2. Applying working knowledge of FCA regulations such as Consumer Duty Regulations and Payment Services Regulations and Policies to articulate customer/control impact and drive alignment across teams.
3. Assist with the development, documentation and maintenance of policies and procedures.
4. Provide compliance awareness and training to the business.
5. Prepare reporting to internal governance committees.
6. Review, challenge and approve risk records, policy breaches and matters for escalation.
7. Work with business leads to identify and collate relevant information to respond to requests for information from auditors and regulators (ad hoc and regulatory returns).
8. Maintain up to date knowledge of relevant regulations by monitoring regulatory change and emerging risk from regulatory sources, to proactively communicate key developments to internal stakeholders and support the implementation of regulatory change.

BASIC QUALIFICATIONS

• Minimum of four years compliance experience in financial services working in risk and compliance, or within a financial regulatory body or consultancy practice.
• A good understanding and previous experience of working with Payment Services Regulations 2017 and FCA regulations, in areas such as complaint handling, safeguarding, operational resilience and consumer duty.
• Excellent team player with the ability to work closely with others to deliver results, identify and resolve issues; shares information and keeps team members and management informed.
• Excellent organisational skills with the ability to prioritise workload and manage various tasks simultaneously.
• The ability and willingness to learn new skills and upskill quickly to be an SME on new requirements.
• Strong and demonstrable influencing, stakeholder management, presentation and communication skills.
• Resilient and able to thrive and lead in a fast paced, entrepreneurial environment.
• Strong judgment and analytical thinking.
• Strong ownership and delivery orientated, to perform independently with minimal supervision.

PREFERRED QUALIFICATIONS

• Experience within the payments sector and/or fin-tech environment.
• Experience of relationship management with regulatory bodies.
• Demonstrated experience working with FCA regulations and compliance requirements such as Payment Services Regulations (2017), Electronic Money Regulations (2011), Consumer Duty and other applicable FCA regulations and policies.