Head of Compliance UK

Team

As our Head of Compliance in the UK youll be a senior leader responsible for our UK business. Youll lead our independent compliance function in the UK and will work closely with the UK executive team acting as the first point of contact for UK compliance and risk topics and acting as the lynchpin in our second line of defence for the business.

Youll be supported by and report into our centralised compliance function based in Europe but as a Senior Manager under the UKs regulatory regime will be expected to ensure that the UK operation meets its obligations to regulators partners and customers. Youll have a critical responsibility for supporting our UK leadership team in their business and strategic goals.

Youll be an experienced (10 years plus) Compliance professional with a background experience in financial services or an allied industry now looking to make a move into the FinTech world and join a thriving business which has ambitious growth plans in the next 35 years. Youre a future industry leader with the ability to communicate clearly and confidently; able to persuade support and advise all levels both internally and externally.

Your Responsibilities

• Regulatory Compliance: working with our General Counsel and keeping abreast of evolving regulatory requirements in the UK especially those relevant to fintech and banking. This could involve interpreting and implementing new regulations ensuring that the companys processes and policies are in compliance and liaising with regulatory bodies as needed.
• Ownership of Compliance policies and procedures in line with regulatory requirements.
• Responsible for the firms compliance with regulatory requirements including the Consumer Duty.
• Ownership of the firms Compliance Monitoring Plan ensuring it remains up to date and providing appropriate oversight and monitoring on all relevant activities eg. Financial Promotions Complaints etc.
• Responsible for the timely and accurate submissions of all Raisin UKs regulatory reporting including to the FCA FSCS and other regulators as needed.
• Maintain the Firms regulatory status including owning all communications with the FCA and other regulators as needed and leading on any new licence applications.
• Leading the Firms second line of defence and providing compliance guidance advice and oversight to the business.
• Responsible for setting a strong culture of compliance in the firm including owning the delivery of annual compliance training by all relevant staff.
• Responding to and engaging with all the Firms external partners as needed on compliance topics including Deposit Taking Banks and the Service Bank.
• Ultimate accountability for the Firms compliance with the Senior Managers Certification Regime ensuring all information and applications are kept up to date.
• Risk Management: plays a critical role in identifying assessing and mitigating compliance risks. This could include developing risk management strategies and reporting on risk assessments. Acts as Chair of the Firms UK risk committee and owns their risk management framework.
• Compliance leadership: promoting a culture of compliance within the organization. This could involve regular updates and training sessions for staff on compliance matters and ethical conduct.
• Compliance Audits and Inspections: conducting or overseeing regular compliance audits and inspections ensuring that any deficiencies are addressed promptly.
• Incident Response and Reporting: following processes for responding to compliancerelated incidents including investigation reporting and resolution in collaboration with legal or other relevant departments.
• Support of the UK team on daytoday basis working closely with CEO Chief of Staff and General Counsel.

Your Profile

• Background in regulation risk management and/or compliance in financial services with experience of 10 years either as an FCAendorsed Senior Manager or relevant deputy. Experience working for regulated financial services businesses or in regulatory role is a must. Retail banking investment or pensions all considered highly desirable.
• Degreelevel education in the above mentioned fields or relevant industry experience. (Masters not necessary but desirable).
• Experience in Fincrime/AML/KYC essential.
• Ideally the successful candidate is a qualified Money Laundering Reporting Officer and has been previously approved under the FCAs Senior Managers regime.
• Able to deliver highquality insight and reporting in slides word document or table formats without too much additional training. Ability to provide both quantitative and qualitative analysis is critical. Experience of key tooling used in Fintech (or ability to get up to speed) with e.g. Looker/Tableau Jira Confluence GRC tooling and CRM tooling such as Zendesk considered a big plus.
• Able to support team working in Manchester UK remote working within UK can be accommodated however youd be expected to be in the office at least once a week (typically Wednesdays).
• Fluency in English (written/spoken) other relevant languages are welcome.

Join our mission join our team and grow with us!

At Raisin we care about each other and it is one of our top priorities to foster an open and caring environment in which everyone feels welcome and comfortable. Our culture is strongly driven by our ambitious team who are at the heart of our success.

As part of the Raisin UK team you benefit from:

• Investment in your development with an annual personal training budget of 1500 and 4 full training days per year.
• Access to Babbel for continuous learning.
• Always hungry Breakfast snacks daily fresh fruit and drinks are at your disposal around the clock.
• We are hybrid working we are in the office twice a week giving the team the opportunity to collaborate and spend time together. Wednesday is our core day in the office.
• We offer 28 days Bank Holidays of holiday a year
• One day birthday leave and gift voucher to celebrate your birthday.
• We offer you a company stakeholder pension.
• The opportunity to experience our annual retreats in exciting European cities and other team building events.