Head of Risk and Compliance (EMI)

About the Company:

Our client, a renowned Electronic Money Institution (EMI) regulated by the FCA in the UK and FINTRAC in Canada, operates across 140 countries and serves over 25 industries. They offer advanced payment solutions, including multicurrency IBANs, merchant services, and mass payment options, all integrated into one seamless platform. Known for their commitment to efficient and secure payment processing, our client has become a trusted partner for local and international businesses.

About the Role:

We are looking for a seasoned and forward-thinking Head of Risk and Compliance to oversee compliance operations within an FCA-regulated EMI. The role requires substantial expertise in EMI compliance, with a focus on UK and EU regulations. This leadership position involves managing compliance teams, addressing key risks such as AML/CFT and fraud, and ensuring operational excellence to support business growth and regulatory adherence.

Key Responsibilities:

• Team Leadership: Oversee onboarding and transaction monitoring teams, fostering collaboration and high performance.
• Risk Mitigation: Develop and implement strategies to identify and mitigate AML, sanctions, fraud, and other risks through robust policies and controls.
• Talent Development: Recruit and mentor compliance professionals, create professional development plans, and conduct regular performance evaluations.
• Policy Oversight: Continuously refine compliance policies and procedures to ensure adherence to current regulations and best practices.
• Efficiency Enhancement: Drive initiatives to optimize departmental processes and reduce processing times without compromising quality.
• Auditing and Quality Control: Perform regular reviews of compliance procedures to maintain regulatory alignment and meet internal quality standards.
• Strategic Planning: Set objectives, monitor departmental KPIs and OKRs, and lead efforts for continuous improvement.
• Stakeholder Communication: Report to senior management on compliance risks, initiatives, and department performance metrics.
• Technology Adoption: Leverage advanced technology to improve compliance workflows and scalability.
• Visionary Leadership: Develop a strategy to scale client operations while maintaining regulatory compliance and operational integrity.
  
  

Skills and Qualifications:

• At least 3 years of experience in a compliance leadership role within an EMI.
• Comprehensive knowledge of UK and EU regulatory frameworks.
• Proven ability to build and manage high-performing teams.
• Exceptional communication and interpersonal skills.
• Comfortable working in a dynamic, fast-paced environment.
  
  

Preferred Qualifications:

• Professional compliance certification (e.g., ACAMS, ICA).
• Experience with regulatory technology (RegTech) tools.
  
  

Why Join Us:

• Be part of a dedicated and talented team with a shared mission.
• Work in a forward-thinking organization that values innovative problem-solving.
• Experience a culture of autonomy and trust, encouraging ownership and accountability.
• Help create cutting-edge products that exceed customer expectations.
  
  

Compensation and Benefits:

• Competitive salary package.
• Remote-first working model, with hybrid options in the UK.
• Flexible working hours.
• Comprehensive paid time
• Budget for private English classes and external training.
  
  

Take the next step in your career and apply today!