Senior Manager, Compliance

Summary

Join Affirm's UK Compliance team as a Senior Manager and help identify and mitigate compliance risks. You will lead regulatory reporting, compliance monitoring, and appointed representative oversight. Responsibilities include developing the firm's Compliance Monitoring Programme, managing the AR framework, and contributing to the firm's MI dashboard. You will also develop horizon scanning processes, create compliance training materials, and collaborate with cross-functional teams. This role requires 7+ years of experience in compliance, expertise in UK regulations, and proficiency in FCA reporting systems. Affirm offers a competitive compensation package including 100% subsidized medical coverage, flexible spending stipends, and competitive time off.

Requirements

• Experience : 7+ years of professional experience in compliance advisory and monitoring, ideally within a UK-regulated consumer credit, Buy Now Pay Later (BNPL), or automotive finance environment
• Expertise : A high-level working knowledge of UK regulations, including the Consumer Duty, the Senior Managers & Certification Regime (SM&CR), and anti-money laundering regulations (MLRs, POCA, JMLSG). You should be an expert on regulatory compliance, especially as it applies to new financial products
• Technical Skills : Proficiency in using FCA regulatory reporting systems like Connect, Reg Data, and My FCA, with the ability to interpret and submit regulatory returns and applications
• Attributes : You should be a proactive and inquisitive problem-solver with a strong interest in fintech and consumer financial protections. You must be able to operate calmly in a fast-paced environment and have outstanding communication skills to present complex issues clearly
• Education : A Bachelor's degree or equivalent experience is required; compliance certifications are a plus

Responsibilities

• Regulatory Reporting and Data Management : Identify and report on data sources to support the firm's regulatory submissions. This includes preparing data summaries for the UK Risk Management Committee and Board level, and ensuring timely submissions to regulators like the FCA
• Compliance Monitoring and Assurance : Lead the development of the firm's Compliance Monitoring Programme (CMP), ensuring it aligns with the firm's risk appetite. Conduct compliance assurance reviews and testing, reporting findings, and making improvement suggestions. Support the firm's enterprise-wide compliance risk assessment
• Appointed Representative (AR) Oversight : Lead the development and operationalisation of the firm's AR framework, including initial due diligence, onboarding, ongoing oversight, and termination. Act as the primary contact for the AR network, managing their questions and requests. Ensure all AR-related reporting and notifications are submitted to the FCA
• Consumer Duty and Management Information (MI) : Lead the regulatory input for the firm's MI dashboard, focusing on consumer outcomes and Consumer Duty requirements. Prepare the firm’s annual Consumer Duty Board report and provide regulatory advice on the Fair Value Assessment (FVA)
• Regulatory and Policy Development : Develop the firm's horizon scanning process to monitor regulatory changes and their potential impact. Assist in creating and updating compliance training materials for both internal use and the AR network. Ensure the firm's AR framework policy and process are consistently applied and recommend enhancements as needed
• Cross-Functional Collaboration : Work with departments like Legal, Risk, Marketing, and Product to review financial services marketing materials, provide compliance advice, and address any issues
• Governance and Structure : Assess the firm's governance structure against regulatory requirements and make recommendations for improvement

Benefits

• Health care coverage - Affirm covers all premiums for all levels of coverage for you and your dependents
• Flexible Spending Wallets - generous stipends for spending on Technology, Food, various Lifestyle needs, and family forming expenses
• Time off - competitive vacation and holiday schedules allowing you to take time off to rest and recharge
• ESPP - An employee stock purchase plan enabling you to buy shares of Affirm at a discount