Head Of Regulatory Compliance

Summary

Join Equals Group as their Head of Regulatory Compliance and lead their compliance efforts across multiple jurisdictions. You will ensure the company meets all legal and regulatory requirements, implementing and maintaining a robust risk and compliance infrastructure. This senior role oversees regulatory compliance in the UK, EU, and USA, acting as a key contact with regulators. You will report to the Chief Compliance and Risk Officer (CCRO), developing and implementing a comprehensive Regulatory Compliance strategy. The role requires extensive experience in financial services, particularly in payments/e-money. You will lead a team, manage regulatory change, and promote a strong compliance culture.

Requirements

• Minimum 10 years of professional experience in Compliance and/or Legal function with at least 5 years in an Head / Lead-level role in the financial services industry
• University degree (at least Bachelor’s level) in Law, or a professional Compliance qualification, such as CISI or ICA RC certifications etc
• Extensive practical knowledge of the UK and EU legal-regulatory framework(s) as well as of other relevant jurisdictions
• In-depth understanding of the Payment Services Regulations (PSRs), Electronic Money Regulations (EMRs), PSD2, GDPR and MiFID2 regulatory frameworks
• Proven experience in heading/leading Regulatory Compliance and/or Legal function within the financial services or payments industry with a focus on multi-jurisdictional compliance
• Exceptional leadership, communication and stakeholder management skills
• Strong understanding of Compliance Risk Management and Corporate Governance frameworks applicable to the UK and EU regulated entities
• Proven track record of dealing with and maintaining relationship with regulatory authorities
• Extensive experience of drafting, implementing and maintaining Regulatory Compliance policies and procedures
• Strong analytical and problem-solving skills, with an ability to promote the Regulatory Compliance agenda and foster a robust risk compliance culture across the business
• Meticulous attention to detail and organisational capabilities
• Experience working in a fast-paced environment with a focus on execution

Responsibilities

• Ensure the Equals Group is operating in accordance with all legal and regulatory requirements
• Lead a team of Regulatory Compliance subject matter experts and support the ongoing development of Compliance staff
• Execute the delivery of the Regulatory Compliance strategy and roadmap
• Support the Group CCRO and MLROs in the delivery of their prescribed responsibilities and deputise the CCRO as assigned
• Identify regulatory issues, challenges and recommend remedies to promote compliance
• Review and preparing responses to regulatory authority requests and notices
• Provide independent 2nd line ‘review and challenge’ to Equals Group’s business units, adopting the ‘advise, train and monitor’ 2nd line model
• Provide high quality Regulatory Compliance advice and guidance to the business on all regulatory matters
• Establish and develop regulatory engagement in relevant markets where Equals Group has or is seeking to establish a presence
• Work closely with the other colleagues in the Global Risk and Compliance function and with the senior management and all stakeholders
• Coordinate Equals Group’s initial responses to regulatory change matters, consultation papers, and advise on the changes to processes where relevant
• Develop regulatory training materials and plan in relation to policies owned by Regulatory Compliance
• Keep up to date with legal and regulatory changes and prepare implementation plans as needed
• Identify and mitigate the risks of non-compliance with regulatory requirements and implement adequate tools and controls to reduce Equals Group’s exposure to any regulatory risks
• Oversee the identification and resolution of regulatory incidents as well as report relevant incidents to regulatory authorities as applicable
• Attend and provide reports to relevant Risk Committees as required ensuring the highest reporting standards are maintained
• Promote the adoption of a culture that prioritises good customer and regulatory outcomes across the organization
• Manage and develop relationships with external advisors

Benefits

• 25 Days Annual Leave
• Your Birthday Off
• 14 Weeks fully paid Maternity Leave
• 2 Weeks fully paid Parental Leave
• Private medical insurance via Bupa UK
• Free EAP service – mental health services via Aviva
• Life assurance policy
• Eye care – we cover the cost of the eye test, and you can claim up to £50 towards glasses
• ��250 towards learning & development
• Interbank currency rates on travel money
• Workplace pension contributions
• Cycle to work scheme
• Onsite gym / corporate membership
• Free hot drinks, soft drinks, fruit and snacks in the office
• Flexible working
• Remote working