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Head of UK Regulatory Affairs

Revolut

Revolut

Legal
United Kingdom · Remote
Posted on Wednesday, June 26, 2024

About Revolut

People deserve more from their money. More visibility, more control, more freedom. And since 2015, Revolut has been on a mission to deliver just that. With an arsenal of awesome products that span spending, saving, travel, transfers, investing, exchanging and more, we've helped 45+ million customers get more from their money. And we're not done yet.

As we continue our lightning-fast growth,‌ two things are essential to continuing our success: our people and our culture. We've been officially certified as a Great Place to Work™ in recognition of our outstanding employee experience! So far, we have 10,000+ people working around the world, from our great offices or remotely, on our mission. And we're looking for more. We want brilliant people that love building great products, love redefining success, and love turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role

We’re looking for a Head of Regulatory Affairs to join the leadership team of our UK entity and be the key point of contact for our regulators. As Revolut keeps growing in the UK and abroad, one of our top priorities is making sure we're a trusted player in the market.

You'll play a pivotal role towards this mission, being in charge of building solid relationships with key partners and regulators, ensuring continuous and transparent communication with them, and acting as an internal ambassador for compliance and regulation.

What you’ll be doing

  • Communicating clearly with regulators and the business, including distilling complex information into smaller, digestible chunks
  • Keeping our regulators up to date with new products, initiatives, and other ad hoc updates
  • Working with Revolut UK Board and ExCo to ensure regulatory developments are factored into decision making at all times
  • Preparing management reports and Management Information, in particular for regulator meetings, internal committees, and the Board
  • Delivering training and updates to Product teams and the wider business on regulatory requirements and changes
  • Building processes and documentation for the team in a scalable, sustainable way
  • Being a champion for conduct and compliance across the business
  • Managing team members

What you'll need

  • 10-15 years of experience in financial services
  • 10+ years of experience working in regulatory affairs or compliance/risk at a regulated financial services firm, fintech, regulator, etc.
  • In depth knowledge of the regulatory environment in the UK and good knowledge of the most relevant regulations, both on the prudential and conduct side
  • Knowledge of how banks are supervised and how a Regulatory Affairs team works
  • Great interpersonal skills to work with senior stakeholders (both internally and externally) and be a credible counterparty for regulators at all seniority levels
  • Self-motivation, self-organisation, and focus on high-quality delivery
  • Impeccable written communication skills and an ability to deliver a message succinctly
  • The ability to work independently and with changing priorities
  • The ability to build solid, mutually respectful relationships with diverse teams and across stakeholders of varying seniorities
  • Previous management experience, having led a team in the regulatory affairs space
  • Proficiency with tech software to manage work streams

Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

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