Join the Family. All open roles across the P9 Family are listed below. Don't see the perfect fit? Sign up to join our talent network.

Head of Compliance and MLRO (UK Investment firm)



London, UK · 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

Compliance is a key function that ensures Revolut’s products and processes meet the regulatory requirements and translate this into the best customer outcomes. They’ve got outstanding ability to find solutions and carry out testing in a purely digital environment. Those data-driven experts know that better people and machines are the most effective way of managing conduct risk 🎯

We’re looking for a Head of Compliance and MLRO for our UK investment firm who can see what’s needed to keep our investor protection practice in compliance, as well as ensuring that we have effective systems and controls for countering the financial crime risk. 📣 Someone who has a burning itch to make it the best.

If being on the ground floor of running the compliance and financial crime department, as well as advising business on the development of cutting-edge product offerings, seems interesting to you, keep reading ✨Be warned, this is a very hands-on role. 🤾‍♂️

Up for the challenge? Let’s get in touch 👇

What you’ll be doing

  • Leading the firm’s effort to implement and maintain adequate compliance policies and procedures, including for countering financial crime risk
  • Leading the process of detecting risks of compliance failures by the firm, and implementing appropriate measures designed to minimise such risks
  • Taking responsibility for the firm’s compliance monitoring programme, for assessing the adequacy and effectiveness of compliance measures, policies, and procedures, and for monitoring the operations of the complaints-handling process
  • Taking responsibility for defining the actions required to address any deficiencies identified by the compliance monitoring programme
  • Being proactive in advising the business on the firm’s activities, to ensure compliance with the firm’s obligations
  • Reporting regularly on control effectiveness, identified risks, complaint handling, and necessary remedies to management
  • Leading and managing the firm’s relationship with regulators and other relevant bodies, including timely reporting
  • Coordinating with other stakeholders in the Revolut Group (e.g. Risk, Operations, FinCrime, etc.) to efficiently communicate risks, best practises, and regulatory requirements for delivering projects
  • Managing and supporting a team of compliance and financial crime professionals doing challenging work in an extremely fast paced environment

What you'll need

  • 10+ years of experience financial services compliance, with at least 5+ years of experience in a lead compliance role in retail investment services, private banking , MiFID investment firms
  • Strong understanding and knowledge of the UK financial services regulations
  • 1+ years of experience in an SMF role
  • Hands-on experience leading the Compliance Monitoring Programme in a financial services firm
  • Previous experience in implementing and maintaining a comprehensive set of policies and procedures in financial services firms
  • Very strong and proven stakeholder management skills, and ability to set a compliance culture across the firm
  • Strong communication skills to liaise with external stakeholders (e.g. Revolut Group, regulators, vendors, etc.)
  • Proven ability to develop professional relationships and to influence colleagues at all levels
  • Strong team management and people development skills, ensuring a culture of leading by doing
  • Proven experience working and managing relationships with regulators
  • Good knowledge and understanding of financial services and products, as well as the differences between retail and professional client journeys

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.

Refer to our Data Privacy Statement for Candidates for details on our data handling practices during your application.