Regulatory Compliance Specialist (FinTech, EMI)

PayDo Card; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player in the FinTech space is seeking a Regulatory Compliance Specialist to join their dynamic team. This role is pivotal in ensuring adherence to FCA regulations and overseeing compliance strategies within an Electronic Money Institution. You will engage in regulatory reporting, risk management, and consumer protection initiatives, contributing to a culture of compliance and innovation. With a focus on professional development and career growth, this opportunity allows you to make a significant impact in a rapidly evolving sector. If you are passionate about regulatory compliance and eager to shape the future of payments, this role is perfect for you.

Benefits

Monthly investment in English learning

Yearly allocation for professional development

Paid vacation days with flexibility

Paid sick leave

Performance-based bonuses

Multiple payment options

Qualifications

• 3+ years experience in Regulatory Compliance within an EMI environment.
• Strong understanding of FCA regulations and AML/CTF laws.

Responsibilities

• Ensure compliance with FCA regulations and oversee regulatory reporting.
• Support AML compliance and coordinate with auditors and regulators.

Skills

Regulatory Compliance

FCA Regulations

AML/CTF Regulations

Data Protection (GDPR)

Financial Crime Awareness

Report Preparation

Russian Language Skills

Ukrainian Language Skills

Education

Bachelor's Degree in Law or Finance

Job description

Regulatory Compliance Specialist (FinTech, EMI)

Join to apply for the Regulatory Compliance Specialist (FinTech, EMI) role at PayDo.

PayDo, a leading Electronic Money Institution (EMI) authorised by the FCA in the UK, FINTRAC in Canada, and MFSA in Malta, operates in 140 countries and over 25 industries. Offering multicurrency IBANs, merchant solutions, and mass payment options, PayDo provides premium and convenient payment services. With all features available through one platform and contract, PayDo is a preferred solution for local and international payments.

Your regular tasks:

• Regulatory Reporting & Compliance Oversight:
  • Act as a key stakeholder in maintaining the regulatory reporting schedule to the FCA and other relevant authorities.
  • Ensure timely and accurate submission of regulatory reports, including those related to capital adequacy, safeguarding, and operational resilience.
• FCA Compliance & EMI-Specific Obligations:
  • Maintain and enforce compliance with FCA regulations applicable to Electronic Money Institutions (EMIs).
  • Stay updated on changes to the FCA Handbook and other EMI-relevant legislation, ensuring PayDo remains compliant.
• Risk & AML Compliance Development:
  • Support the Deputy Money Laundering Reporting Officer (DMLRO) function and contribute to regulatory compliance strategy growth.
  • Assist in reviewing AML frameworks, policies, and risk assessments in line with FCA and external AML audit expectations.
• Consumer Protection & Data Compliance:
  • Ensure compliance with Consumer Duty requirements, including Fair Value Assessments and customer outcome monitoring.
  • Oversee PayDo's adherence to GDPR and data protection regulations, implementing necessary controls.
• Regulatory & External Audit Coordination:
  • Support FCA and external AML audit processes, ensuring PayDo meets all compliance expectations.
  • Collaborate with auditors and regulators, acting as a point of contact for compliance-related inquiries.
• Stakeholder Engagement & Internal Advisory:
  • Provide regulatory guidance to internal teams, ensuring compliance is integrated into business processes.
  • Liaise with senior management, risk, finance, and operations teams to align regulatory obligations with business strategy.
• Advancing Regulatory Expertise & Governance:
  • Leverage previous FCA appointments (if applicable) to strengthen PayDo's compliance position.
  • Contribute to corporate governance initiatives, fostering a strong compliance culture within PayDo.

Skills and qualifications:

• 3+ years of direct experience working within an EMI environment in a Regulatory Compliance role.
• Understanding of the UK financial regulatory environment, including the Financial Conduct Authority (FCA) and its rules and regulations.
• Expertise in the FCA Handbook, particularly sections relevant to EMIs, payment services, and financial crime.
• Understanding of UK AML/CTF regulations, including Money Laundering, Terrorist Financing and Transfer of Funds.
• Solid knowledge of the FCA's Consumer Duty, including requirements for Fair Value Assessments, customer outcome monitoring, and vulnerable customer treatment.
• Awareness of various financial crime risks, including fraud, bribery, and corruption.
• Proven ability to prepare and submit accurate and timely regulatory reports to the FCA and other relevant authorities.
• Strong grasp of UK GDPR and data protection legislation, including practical experience of implementation and compliance.
• Russian/Ukrainian language skills are beneficial.

What's In It For You:

At PayDo, specialists are at the heart of our innovation and success. Joining our team means accessing unparalleled opportunities to grow, contribute, and thrive in a dynamic FinTech environment.

• Empowerment Through Professional Development:
  • Monthly investment in your English learning.
  • Yearly allocation for advancing your professional expertise.
• Unlock Your Potential:
  • Transparent career growth with opportunities to achieve Lead roles within 1 year, Head roles in 2 years, and even C-level within 4 years, based on exceptional performance.
  • Performance reviews are anchored in KPIs, ensuring recognition is merit-based.
• Make a Lasting Impact:
  • Work on unique projects where your contributions can reshape company-wide processes.
  • Bring your ideas to the table and earn exceptional bonuses through our PayDo Ideas Hub.
• Flexible and People-Centric Culture:
  • Days of paid vacation annually, with the flexibility to transfer unused days or receive compensation.
  • Days of paid sick leave annually, accommodating emergencies and medical needs.
  • Additional holidays aligned with your local calendar.
• Compensation & Incentives:
  • Multiple payment options, including Private Entrepreneurship accounts or popular e-wallets.

Our Values:
At PayDo, we live by principles that drive us to excellence:

• Ownership & Initiative: Specialists who take charge and make a difference.
• Collaboration & Communication: Together, we achieve more by sharing ideas and insights.

Become part of a global team redefining FinTech. Your expertise, passion, and ideas will shape the future of payments with PayDo!

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Legal