SVP of Compliance & Risk

Reporting to: Chief Legal Officer

About Volt:

Volt is revolutionising how people pay online, globally. Our technology frees consumers from cards by letting them ‘Pay by Bank’. It’s effortless. It’s lightning fast. It’s the future. For businesses everywhere, it’s transformative.

We’re already trusted by leading brands around the world, but the real-time revolution is only just beginning. Having raised $83.5m, we’re accelerating our mission of delivering real-time payments, everywhere. And that’s where you come in.

We need world-class talent to create a world where consumers pay, and businesses get paid, instantly. With headquarters in London and offices in Berlin, Kraków, Warsaw, Sao Paolo and Sydney – and an all-star team already in place – we’re sure you’ll fit right in.

About the role:

You will be responsible for developing and executing compliance strategies that support our ambitious growth plans and navigate complex regulatory environments.

What the role involves:

Oversight & leadership:

• Fully oversee and own operational risk and compliance within the business, making sure all applicable regulations are strictly followed, and all policies are aligned with the overall company strategy.
• Be accountable for identifying the operational risks that the organisation faces; developing suitable policy governance, providing training and driving behavioural change and a compliance culture.
• Lead, mentor, and develop Compliance team, fostering a proactive and risk-aware approach.
• Act as a strategic business partner to the Leadership Team and culture an ethos of engagement and empowerment with risk management, escalating any compliance issues to the Board.
• Prepare and deliver presentations and communication to the Board and leadership on regulatory developments and potential challenges.

Compliance:

• Define and implement a comprehensive compliance strategy, ensuring that compliance practices support the company’s growth and operational needs whilst balancing risk and ensuring regulatory compliance. Proactively identify opportunities to improve overall compliance performance.
• Provide training to the business on the areas of responsibility and compliance, as needed including presenting to new joiners to embed a culture of compliance from day one.
• Develop, maintain, and revise policies, procedures, and practices for the general operation of the business, to ensure regulatory compliance.
• Develop and/or ensure internal controls are capable of preventing illegal activity, and detecting instances or patterns of suspicious, unethical, or improper conduct.
• Respond to alleged violations of rules, regulations, policies, procedures, and codes of conduct by evaluating, collaborating with other departments, and recommending the initiation of investigative procedures. Develop and oversee a system for uniform handling of such violations.
• Ensures proper reporting of violations or potential violations to duly authorized enforcement agencies as appropriate and/or required.
• Promote and manage the whistleblowing policy and cultivate a psychologically safe work environment.
• Manage and maintain the businesses conflicts of interest register and annual renewal of disclosures.
• Ensure global compliance with the group’s code of conduct.

Risk:

• Proactively identify opportunities to improve overall risk monitoring, mitigation and management.
• Work across the enterprise and its leadership to ensure:
• Consistent and robust identification and mitigation of all key risks
• Clarity in accountability and ownership of risks
• Improved view of key controls
• Proactive, risk aware culture across the organisation
• Assurance to the Board, Audit Committee and Executive Leadership team.
• Own and manage the global risk register. Run the quarterly Risk & Audit Committee (supported by the Chief Legal Officer) and suggest risk mitigation actions and strategies and management of such risks.

• Continue to meet Fit & Proper regulatory requirements across relevant jurisdictions.

Requirements

This is an exciting opportunity to build a global risk & compliance team to drive success in a forward-thinking company with a long-term vision.

• Selected candidates will be invited for an initial interview with our Senior Talent Acquisition Lead. The video meeting will take about 30 minutes,
• Then it’s time for a second interview! The meeting will be conducted by our VP of Compliance and VP Financial Crime and will last 30 minutes,
• As a third stage, you will meet with our Senior Legal Counsel and Chief Legal Officer during a 30 minutes call,
• Our SVP of People and Chief Executive Officer would also like to chat with you :) You can expect the meeting to last approximately 30-45 minutes,
• If successful, you will be given a job offer proposal.

• 25 days holiday + your birthday off 🥳
• Hybrid working (2 days in the office; Tuesday and Thursdays) 🏡
• Digital Detox: once every two months on Friday we close down all comms at Volt. The whole business is officially ordered to take the day off!🧘🏻♀️
• Private Healthcare 🩺
• Enhanced Parental Leave 👪
• Thursday lunch is on us 🍲
• Pension contribution (5% of your qualifying earnings) 🧓🏽
• You will be given a MacBook when you join 💻
• HQ on Tottenham Court Road with a bunch of perks such as yoga, gym, unlimited snacks 🤸🥮

At Volt, diversity and inclusion are integral to our culture.

We believe in hiring for cultural add, embracing difference, and fostering a safe space where everyone can bring their authentic selves. Our mission is to transform the payments industry and this is only possible through the power of our diverse and talented team.

Join us in making real-time payments accessible for all.