Compliance Director
3 days ago
Job Description:
We are seeking an experienced Regulatory Change Manager to join our Second Line Risk and Compliance Function. The successful candidate will lead our engagement and understanding of regulatory changes impacting Modulr's UK and European entities and drive the necessary business changes.
This role requires the ability to analyse and distil regulatory changes into actionable insights and plans and manage them to a successful conclusion. We offer a competitive salary of £60,000 - £80,000 per annum, depending on experience, plus benefits including 33 days holiday (including bank holidays) & your birthday off, Learning Opportunities, and more.
Responsibilities:
- Maintain and enhance Modulr's approach to industry engagement, to maximise the opportunities to gain insight into regulatory changes impacting our business and communicate them effectively.
- Undertake additional research and analysis to assess the specific impact of regulatory changes on Modulr, identifying clear actions, and overseeing their completion to ensure that Modulr continues to maintain its legal and regulatory compliance.
- Develop a structured approach to prioritise and co-ordinate Modulr's responses to regulatory consultations, ensuring that Modulr's strategic interests are represented appropriately and that Modulr influences the wider payments industry for the benefit of our customer base.
- Develop deep expertise in how Modulr's regulatory position aligns with commercial and product opportunities, becoming the 'go-to' person for ad hoc queries. Maintain an in-depth understanding and records of the background and rationale to decisions we have taken, ensuring a consistent position is maintained as the business evolves.
- Undertake more targeted assessments of regulatory risks and their impact on new customers/products or sectors – this could include developing our understanding of new jurisdictions. Provide regulatory insights to support business growth and innovation.
- Contribute to the wider Second Line Risk and Compliance Team activities as required, such as regulatory reporting; championing a strong risk and compliance culture and providing high quality management and Board-level updates.
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