Compliance Manager

The Company:

Northreach is a dynamic recruitment agency that connects businesses with top talent in the cell & gene therapy, fintech, and digital sectors. Our mission is to provide a seamless and personalised recruitment experience for clients and candidates, and to create a positive work environment that encourages equality, innovation, and professional growth.

We are proud to have partnered with a thriving FinTech enterprise that has quickly gained prominence as the go-to embedded financing platform for top-tier e-commerce sites, tech companies, and payment services providers around the world.

The Role:

As Compliance Manager, you will report into the Head of Compliance and act as a go-to point of contact for FCA regulations. You will have effective communication which enables you to collaborate with department heads and management to ensure that the wider business aligns with compliance requirements at all times.

You will be sharp, commercially minded individual who is comfortable with the vibrant and energetic start-up environment whilst able to quickly identify risks to maintain a robust and proportionate control framework.

You will hold responsibility for delivery of conduct relating to FCA regulatory frameworks which includes Consumer Duty, TCF and Vulnerable Customers, Regulatory Risk Assessments and more:

• Responsible for guiding the business in the design, implementation and embedding of the FCA outcomes under Consumer Duty, TCF and any other required regulation.
• Responsible for the ongoing management of the consumer duty and annual product reviews
• Collaborate and liaise with business heads to compile key consumer duty metrics and create MI for quarterly reporting
• Collaborating with business heads to ensure that operational procedures are structured and implemented in accordance with the consumer duty & TCF framework
• Identifying, evaluating, monitoring and managing the business’s performance against consumer duty and TCF outcomes to present to various committees
• Support with the management of the wider firms regulatory risk assessment
• Build out key risk indicators, as well as the framework to ensure that any relevant incidents are appropriately escalated and tracked
• Work closely with the Group Compliance Analyst to review adequacy of controls, provide guidance on remediation and sign off on action plans
• Identify and mitigate existing and future regulatory risk
• Reporting risks and incidents with root cause analysis and remediation activity
• Support reviews of the Risk & Control Self-Assessments (RCSAs) to identify key themes across the risk profile
• Support the agile compliance and broader legal function to meet shared objectives including:

– Providing advice and guidance on the governance structure for regulated firms

– Act as the secretary for the risk committee when required

• – Lead on regulatory change initiatives

• 3+ years experience working within a similar role at a similar level
• Demonstrated start-up experience – comfortable working in a fast-paced, “all hands on deck” environment
• Previous experience in a regulated payments business
• Demonstratable track-record of implementing regulatory regimes and frameworks
• Consumer regulatory experience within exceptional understanding of Consumer Duty, PROD, SYSC rules, TCF, vulnerable customer and FCA conduct-related frameworks
• Experience with managing the design of new processes and procedures
• Matric management experience
• Strong “regulatory backbone” – able to influence compliance related decisions across the business
• Comfortable working on own initiative
• Seeks enjoyment from keeping abreast of changes to legislation, regulations and market practice
• Project management qualification (PRINCE2, APM or PMI – DESIRABLE)
• Working knowledge of EU/US compliance frameworks (DESIRABLE)