UK Head of Regulatory Compliance

Revolut

London, GB
  • Job Type: Full-Time
  • Function: Legal
  • Post Date: 01/06/2021
  • Website: revolut.com
  • Company Address: The Columbus Building, 7 Westferry Circus, London, E14 4HD

About Revolut

When Revolut was founded in 2015, we had a vision to build a sustainable, digital alternative to traditional big banks. Our mission now is to help our customers improve their financial health, empower them to have more control, and promote financial cohesion across the communities in which we operate.

Job Description

ABOUT THE TEAM

Regulatory Compliance is a key team that ensures Revolut’s products and processes meet the wording and spirit of regulatory requirements, then translate this into good customer outcomes. Regulatory Compliance also facilitates open and transparent relationships with our regulators.
The Regulatory Compliance team brings Revolut’s commitment to improving all aspects of finance to risk management. We are far more data-led than similar functions within other companies; our team has both a strong understanding of regulatory requirements and also the ability to find solutions and carry out testing in a purely digital environment.
Join a team that knows that better people and machines are the most effective way of managing conduct risk.

WHAT YOU’LL BE DOING

You will be responsible for the culture of compliance. You’ll be expected to own our regulatory and compliance committee and drive change throughout Revolut.

 Building out our Compliance team
 Setting the tone and compliance culture at Revolut
 Surveying and interpreting our regulatory and broader risk landscape
 Being the ultimate point of escalation for regulatory issues and the key owner of our approach to upcoming new regulations
 Working with the different functions across the business to establish and execute a world-class compliance framework, monitoring and training programme
 Managing our international regulatory licence applications
 Monitoring, testing and reporting on the effectiveness of our regulatory architecture
 Constantly driving for improvement in efficiency and risk management
 Championing and driving adoption of industry standard certifications, where appropriate

WHAT YOU’LL NEED

Profound knowledge of FCA requirements and other regulations
7+ years of experience working within a FinTech, traditional financial institution, or regulatory body
Preferably a 2:1 or above STEM degree
Experience of operating in an environment with multiple regulators and having different reporting requirements
Excellent written and verbal communication skills and ability to translate complex regulation into business requirements
Track record of scaling up regulatory compliance teams, whilst rolling out new frameworks and policies within a highly complex business environment
Subject Matter Expert knowledge of new regulations coming into effect in the near future and their impacts on business' products and expansion plans

A LITTLE ABOUT US

We believe that there are better ways for people to control their money. Easier, fairer ways.
Revolut started in 2015 with card transactions abroad without rubbish exchange rates or hidden fees. We’ve since added business accounts, vaults, insurance and even access to cryptocurrency exposure.
We reached 10 million customers as we rolled into 2020 and we're adding another million every quarter.
And we’re only just getting started.
Come and help Revolut build the world’s first truly global bank.

WHAT WE ARE LOOKING FOR

From employee 1 to employee 1000, you will be slotting into a global team that shares a number of traits.
You can work autonomously and take ownership. We thrive with the space and responsibility to solve problems.
You operate best without lots of bureaucracy. We don’t hide behind fancy job titles or clunky processes ‘because that’s how things are done’.
You approach work in a logical way. We are not afraid to make mistakes but we use data and logic to backup decisions and improve understanding.
And you share our mission to improve people’s relationship with their money.

THE BENEFITS

 Competitive salary
 Biannual equity bonuses
 All the latest tech you need
 Skip the commute and work from home once a week
 Roll with a free Revolut Metal subscription
 Pension plan
 Private health insurance
 Don’t panic about cooking: get free dinners with Deliveroo
 Start the day properly with fresh fruit and cereals
 Stay refreshed: get juice, tea, coffee and soft drinks on tap
 Rest up with 29 days’ holiday per year

Please only submit an application for one posting.

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Disclaimer: Local Candidates Only
This company does NOT accept candidates from outside recruiting firms. Agency contacts are not welcome.