We are looking for a senior, experienced compliance professional to run Compliance at Moneybox. You will report to the VP Risk & Compliance and work alongside the Data Protection, Financial Crime and Risk teams that make up the Risk & Compliance function.
The Compliance team is responsible for both compliance advice and second line assurance, with regards to all our products regulated by the Financial Conduct Authority (FCA). Your role is to ensure this is delivered effectively, efficiently and pragmatically, as well providing your own advice to and oversight of the business. Stakeholder management and leading the team to work in a curious and collegiate way with other teams is a key aspect of this role. You’ll also need to have experience, and be confident, in reporting at the most senior levels of the business, including the Executive Committee and Board, as well as interacting with the FCA as required.
What You’ll Do
Working closely with the rest of the Risk & Compliance team, you will help Moneybox build a fantastic business that delivers great customer outcomes and give our customers confidence in their decisions. You will be involved in, but not limited to, these duties:
Lead the Compliance team and be an engaged member for the Risk & Compliance leadership team, sharing information and coordinating work across Risk & Compliance
Be responsible for all aspects of Compliance activity at Moneybox, managing, overseeing and supporting the team to plan and deliver assurance activities, provide pragmatic advice at pace, and carry out broader Compliance activities (e.g. horizon scanning, regulatory reporting, training, etc.)
Drive constant improvements in how Moneybox delivers regulatory compliance, through the how the Compliance team work, how we interact with other teams, and support those teams in their consideration, measurement and monitoring of compliance and customer outcomes
Manage senior Compliance experts, including those that manage more junior members of the team
Provide advice, challenge and input to key decisions which require regulatory input
Manage relationships across almost all teams in the business
Lead on Compliance reporting to the VP Risk & Compliance and relevant committees, including the Product Governance Committee, Executive Committee and Board Risk Committee
Keep up to date with regulatory developments and initiatives impacting your responsibilities
Who you are
A driven, motivated person who’s looking for a senior role at an exciting, fast-growing company that’s trying to make a positive mark on the world
An expert in stakeholder management, able to present, discuss and persuade at the highest levels of the organisation
An authority on FCA regulation, specifically the areas that affect Moneybox products, regulatory perimeter, threshold conditions and governance
Apt at balancing, prioritising and overseeing the responsibilities of the Compliance team to support the business, including advisory, monitoring and regulatory change activities focused on people: able to effectively manage and develop a team; able to empathise with our customers and how actions or incidents will affect them
Your communication style should be calm and clear, with the ability to cut through complexity to explain and focus on the key elements of problems
Organised, diligent and pragmatic with a strong bias for action
Has a questioning mind, and can work collaboratively to solve problems pragmatically.
Able to adapt quickly and manage conflicting priorities
Takes a methodical, investigative approach to make good judgements
Unafraid to take on new obstacles, developing deep knowledge in new areas
Knows how to have fun whilst maintaining a professional outlook
Experience and Skills
Experience in leading, managing and developing compliance teams; minimum 10 years in financial services compliance
Extensive knowledge of UK regulatory requirements relevant to Moneybox; able to work with, support and hold to account experts across the Compliance team
Experience working directly with a broad range of teams, and particularly with product development teams
Great communication and listening skills
Fluency in English
What’s in it for you?
Opportunity to join a fast-growing, award-winning and super ambitious company
Work with a friendly team of highly motivated individuals
Be in an environment where you are listened to and can actually have an impact
Thriving collaborative and inclusive company culture
Competitive remuneration package
Company pension scheme
Company bonus scheme
Hybrid working environment
Home office furniture allowance
Personal Annual Learning and Development budget
Private Medical Insurance
Health Cash Plan (cashback on visits to the dentist & opticians etc)
Cycle to work scheme
Wellhub subscription to a variety of gyms and wellbeing apps
Enhanced parental pay & leave
25 days holiday + bank holidays with additional days added with length of service
This is a hybrid role. Our office is in London, by the Oxo Tower
Skills Required
- Minimum 10 years in financial services compliance
- Experience leading, managing and developing compliance teams
- Extensive knowledge of UK regulatory requirements relevant to FCA-regulated products
- Experience working directly with product development teams
- Experience reporting to Executive Committee and Board and interacting with the FCA
- Strong stakeholder management and senior-level presentation skills
- Ability to plan and deliver assurance activities, regulatory reporting, training, and horizon scanning
- Fluency in English
- Able to work hybrid with presence in London office (Oxo Tower)
What We Do
At Moneybox, we help you turn your money into something greater. Millions of us want to achieve more with our money. But whether we’re looking to save for a rainy day, grow our money, buy a home, or even build a retirement fund, we leave it at the bottom of our to-do lists because we're not sure how to get started. This isn’t surprising. We aren’t taught about financial planning at school, the wealth industry was built to serve a minority, and it often feels like banks don’t care about helping us achieve outcomes. To top it off, the financial services industry is fragmented and confusing. This means that our money often isn’t working hard enough and our goals are much harder to achieve. So, we made a solution. We've brought saving, investing, home-buying, and retirement services together into one simple app. So people can reach their goals and build wealth with confidence, whatever their starting point. We want to help people build wealth, but our mission goes beyond that. We believe that building wealth isn’t simply about accumulating more money. It’s about going after the life you want and enjoying it to the fullest, today and tomorrow. This is what it means to turn your money into something greater.
