Regulatory Compliance Manager

payabl. empowers businesses to grow through payments innovation and banking services. Our ambition is to expand our strong portfolio of global financial services we provide to businesses and make them all available in one place on our platform, payabl.one.

As a licensed financial company with principal membership with card schemes, we specialize in global payments and providing businesses with multi-currency accounts. With offices located in Frankfurt, Amsterdam, Limassol, and London, we are currently undergoing significant expansion and are looking for a Regulatory Compliance Manager to join our team in London.

This role is about:

The Regulatory Compliance Manager will be part of the 2nd line in the Compliance Department. Reporting directly to the Head of Compliance & MLRO, this role will be responsible for providing regulatory oversight, managing and developing the policy framework, and implementing relevant changes in line with new regulations (such as Operational Resilience and Consumer Duty) and products within the firm.

The role will be instrumental in ensuring the firm remains compliant with applicable regulations under our e-money license and in supporting the growth of the firm by providing expert advice on regulatory matters. This is a great opportunity to bring your skills and experience to help shape and design our compliance framework.

You Will:

• Policy Development & Oversight: Review existing compliance processes and develop, update, and oversee the implementation of compliance policies and procedures across the organization.
• Regulatory Advisory: Provide expert advice on regulatory matters, including FCA requirements, to senior management and relevant stakeholders, ensuring alignment with industry best practices.
• Regulatory Compliance Expertise: Maintain a deep understanding of the Payment Services Regulations 2017 and FCA regulations, particularly in the areas of safeguarding, operational resilience, and consumer duty, ensuring ongoing compliance.
• Framework Development: Take ownership of designing and implementing new regulatory frameworks and ensure their execution across the business.
• Collaboration: Work closely with the Head of Compliance & MLRO to build, refine, and continuously improve the company’s compliance framework.
• Training Design & Implementation: Develop and facilitate a comprehensive compliance training program for employees, ensuring that the entire team is knowledgeable about regulatory obligations and best practices.
• Regulatory Standards Adherence: Ensure the team adheres to all relevant regulatory standards and FCA principles, particularly those applicable to e-money institutions.
• Regulatory Updates: Stay informed about industry regulatory developments, assess their impact on the business, and implement necessary changes to maintain compliance.
• Risk Identification & Mitigation: Assist in identifying potential regulatory risks and work proactively to mitigate them.
• Compliance Monitoring: Oversee and further develop the Compliance Monitoring Framework, ensuring continuous improvement in compliance tracking and reporting.

What we need:

• Minimum of five years of experience in a comparable role within the regulatory compliance sector.
• Proven experience in a regulated payment or e-money firm authorized by the FCA. Experience within the EU regulatory landscape for payment/e-money institutions is highly desirable.
• Strong knowledge of applicable regulations, including the Payment Services Regulations 2017, FCA requirements, and best practices in areas such as safeguarding, operational resilience, consumer duty, conduct, and risk management.
• Experience in designing and implementing regulatory frameworks and compliance processes across multiple functions.
• Exceptional organizational abilities, with the capacity to manage a fast-paced workload, prioritize tasks effectively, and handle multiple responsibilities simultaneously.
• A "Get Stuff Done" (GSD) attitude, taking full ownership of tasks and driving them to completion without the need for supervision.
• Strong analytical abilities, attention to detail, and proficiency in evaluating complex regulatory issues. Ability to translate regulatory requirements into practical, actionable steps.
• Excellent written and verbal communication skills in English, with the ability to present complex regulatory matters clearly and concisely.
• Strong negotiation skills, with experience in liaising with both internal and external stakeholders.
• Ability to stay abreast of regulatory changes and adjust compliance processes accordingly to maintain regulatory alignment.
• Understanding of evolving financial crime tactics and the ability to adjust compliance frameworks to mitigate these risks.
• Strong sense of ethical integrity and commitment to ensuring compliance with legal and regulatory standards.

The perks of being a payabl.er:

• 💷 Attractive Compensation and Revolutionary Opportunities: Join us and play a key role in transforming the payments industry with a competitive salary.
• 🎓 Immense Educational Opportunities: Benefit from significant contributions to your professional training and development.
• 🌴Generous Vacation Policy: Enjoy 25 days off plus public holidays, along with 10 days of sick leave, ensuring ample time to rest and recharge.
• 🏠Hybrid Working Option: Choose how you work best with our flexible hybrid working arrangements.
• 🎂Half Day Off on Your Birthday: Take a half-day off to celebrate your birthday, because you deserve it!
• 🤝 Team Bonding: Participate in regular team events, business trips, and activities that build a strong, collaborative culture.
• 🏢 Central Office with Gym: Work in a well-located office boasting an excellent gym, enhancing your work-life balance with easy access to transport.

Ready to Join Us?

Welcome to the team!

If this role seems like a good match, please submit your resume all applications are treated with the strictest confidentiality. Please note that we may keep your CV for a period of one (1) year for future relevant job opportunities. For more information about how we process your data please see our privacy policy at https://www.payabl.com/privacy-policy