Compliance and Risk Manager

3 months ago

UK, UK, United Kingdom Travelex Full time

Job Title: Compliance and Risk Manager

Job Type: Full Time, Permanent

Location: London or Peterborough , Hybrid


Role purpose


An exciting opportunity has come about for an experienced Compliance and Risk (C&R) professional to join Travelex to provide regulatory and C&R support.


Travelex Europe Limited (TXE) is an FCA-regulated e-money licensed entity, with a growing remit to spearhead a new generation of regulated e-money and payment service products. The Compliance and Risk Manager will be responsible and accountable for providing compliance support to TXE and supporting with the company’s product agenda. Consequently, this is an excellent opportunity for the role-holder to drive all aspects of regulatory compliance and risk mitigation for the company’s products and the development of C&R controls as relevant to the products and services that Travelex offers or plan to offer in the future.


Key accountabilities


Ensuring existing product compliance and driving ‘compliance by design’ including:


  • Ensuring regulatory compliance of the business and preparing license applications where required
  • Regulatory engagement & reporting activity and research and advisory work as required/relevant, including contribution to periodic C&R horizon-scanning and maintaining Obligations Register
  • Oversight & Management of Operational Compliance & Risk Controls for product development
  • Working with other Compliance & Risk colleagues, together with other business and functional stakeholders, to foster a cross-departmental approach to Compliance and Risk Management
  • Managing product and marketing requests for approval of regulated product
  • Internal Reporting – ensuring & managing the relevant & appropriate Compliance & Risk reporting are functioning & operational within the relevant areas; ensure consistency with Global Standards & Approach


For global markets where Travelex is the Card Scheme issuer, ensuring existing and future products, services and processes comply with card scheme requirements including:


  • Ensuring relevant teams comply with product constructs, complete necessary registrations and obtain appropriate approvals
  • Managing compliance monitoring and oversight of reporting in Mastercard Connect for fraud, risk and compliance
  • Supporting the Card Operations team with escalated queries relating to card scheme rules, alerts or submissions
  • Working closely with compliance colleagues across the geos and ensuring necessary training is arranged for the business
  • Compliance and Risk Management and oversight of UK TXE products
  • Supporting the coordination of product development and new product development life cycles and assessments for C&R including but not limited to impact assessments, operational resilience and outsourcing assessments, AML CTF impact and financial crime risk assessments
  • Developing and implementing C&R controls
  • Creation and maintenance of internal policies and procedures development in line with the relevant regulatory requirements
  • Advisory – Provide, as required/relevant regulatory engagement, oversight, change management, consultations; ensure consistency with Global Standards & Approach


Additional responsibilities


  • Works closely with the Product Management, in the provision of support to business colleagues and drive compliance by design
  • Ensuring Finance activities for the regulated products are managed in line with regulatory and card scheme requirements
  • Produce accurate, timely and relevant reporting and MI for the Global Compliance & Risk Reporting Framework including:

-Local internal reporting

-External regulatory reporting

-Relevant functional area Management Teams

-Relevant Legal Entity Boards & Risk Committees


  • Responsible for pro-active and regular communication with Support & Enabling functions and the business, including IT, and the Product and Marketing Teams
  • Actively communicate and seek feedback from colleagues and customers
  • Proactive in the provision of feedback and the delivery of ideas to develop and improve solutions
  • Undertakes any necessary training associated with the duties of the post and participates in training and development activities. Similarly, willing to offer and deliver training, within areas of competence, to C&R colleagues to promote cross-functional knowledge-sharing
  • Complies with all Company policies and legislation in the performance of duties and responsibilities
  • Maintains confidentiality and observes data protection guidelines
  • Manage expenses in accordance with Company Expense Policy
  • Carries out any other reasonable duties commensurate with their capability


Experience and personal qualities


Essential


  • Minimum of 5 years of Compliance and Risk Management of Card / Payment Service / E-money / FCA regulated firms, or other equivalent or transferrable experience
  • Previous experience in driving ‘compliance by design’ across Payment Services and E-Money, in particular Prepaid Card products
  • Experience of working with the card schemes such as Mastercard and Visa
  • Strong understanding of the card payment ecosystem, scheme rules and key regulatory requirements including developing and implementing C&R controls
  • Understanding of AML CTF controls & Risks; including licensing and model risk and impact assessments
  • Experience of developing & maintaining Regulatory Risk & Impact Assessments
  • Motivated, self-starter with proven experience of working Agile


Desirable


  • Risk Management/Financial Crime/AML Qualifications
  • 3rd party relationship management experience
  • Experience using Mastercard Connect and Visa Online applications and publications


Why Travelex?


To remain the world’s leading foreign exchange specialist, we are focused on making our customers’ lives simpler, more engaging and hassle free while they travel or move money abroad. We promise to give them the freedom and peace of mind to explore the world, their way – enabling them to travel confidently because they know they have us to lean on.


Customer centricity and digital are at the heart of our business strategy. Our commitment to innovation has never been greater, with the development of several digital-first, greenfield products and services. And with the Travelex's resources, deep industry experience and leading brand we are inventing the future of FX, cross-border e-commerce, and international payments.


We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status

  • Compliance Manager

    3 weeks ago

    UK, UK, United Kingdom AJ FOX COMPLIANCE Full time

    Our client, a full-service law firm, is looking for a Compliance Manager to join their team in Birmingham. The main purpose of this role is to ensure that all risk management and compliance policies, controls and procedures within the firm meet regulatory standards and regulations.The ideal candidate will have experience in a risk and compliance role at a...

  • Compliance Associate

    4 weeks ago

    UK, UK, United Kingdom Compliance Professionals Full time

    THE COMPANY: Our client is a well regarded and fast growing online retail brokerage and is currently seeking a compliance associate to join their teamTHE RESPONSIBILITIES:Provide advice to the businessReview of policies and procedures to ensure that they are in line with applicable requirements and internal processes;Compliance risk assessments and...

  • AML Compliance Manager

    3 weeks ago

    UK, UK, United Kingdom AJ FOX COMPLIANCE Full time

    We have a fantastic opportunity with a leading commercial law firm who are seeking an AML Compliance Manager to join their Bristol office. In this role, you will support the Compliance Department to strengthen their existing resources in this area, deliver a highly efficient, top-quality service to the firm’s management and lawyers, and to support the...

  • Compliance Manager

    3 weeks ago

    UK, UK, United Kingdom AJ FOX COMPLIANCE Full time

    Our client, a well-respected national law firm, is looking for a Compliance Manager to join their team in Buckinghamshire. The ideal candidate must have strong knowledge of relevant regulations and legislation including, Money Laundering Regulations 2017, SRA Standards and Regulations, Legal Ombudsman Scheme Rules, legal aid, Data Protection Act 2018,...

  • Risk Lawyer

    2 months ago

    UK, UK, United Kingdom AJ FOX COMPLIANCE Full time

    Are you a qualified lawyer with an interest in compliance?Do you have 4+ years PQE?Have you previously worked within a risk/commercial legal environment?A top independent UK law firm is looking for a Risk Lawyer to join their dynamic team in Bristol. The main purpose of this role is to ensure legal and regulatory compliance, particularly regarding contract...

  • Compliance Analyst

    3 weeks ago

    UK, UK, United Kingdom AJ FOX COMPLIANCE Full time

    Our client is an international law firm seeking a Compliance Analyst to join their busy legal team in their London office. In this role, you will support the Compliance team in all their legal and regulatory duties.Key responsibilities include but are not limited to:Conduct CDD for a wide range of clients, including individuals, companies, and trusts;...

  • Regulatory Compliance Lawyer

    3 weeks ago

    UK, UK, United Kingdom AJ FOX COMPLIANCE Full time

    We are working with a fantastic boutique city law firm assisting them to hire a Regulatory Compliance Lawyer. This role is a fantastic opportunity for somebody who has regulatory risk and compliance experience, is interested in data protection and would like to broaden their skill set.In this role you will work alongside a small team consisting of a...

  • Compliance Officer

    3 months ago

    UK, UK, United Kingdom AJ FOX COMPLIANCE Full time

    Are you a highly skilled and dedicated professional with expertise in Anti-Money Laundering (AML) sanctions and compliance? An exceptional opportunity has arisen for a remote Compliance Officer within an International law firm.In this role, you’ll handle a broad range of compliance, conflicts and AML issues and have the chance to handle escalations from...

  • Head of Risk

    4 weeks ago

    UK, UK, United Kingdom BettingJobs Full time

    Our client, a well-established Betting Exchange is currently searching for an exceptional Head of Risk & Compliance to join their lively team based remotely in the UK with travel to London & Cork.Responsibilities:Provide leadership on Risk, Compliance, and Anti-Money Laundering (AML) best practices.Act as external point of contact for stakeholders, auditors,...

  • Compliance & Risk Manager

    4 days ago

    London, UK, UK, United Kingdom Robert Half Full time

    Robert Half is recruiting for a Compliance & Risk Manager to join a consultancy firm.ROLE: Compliance & Risk ManagerLENGTH: PermLOCATION: Hybrid (London)PAY: up to £70,000 per annum depending on experienceOverall ResponsibilityAs a Manager, you will be responsible for serving clients and ensuring the successful execution of projects. This includes...

  • Head of Risk and Compliance

    1 month ago

    UK, UK, United Kingdom Outsourced Professional Administration Limited Full time

    Job Mission: To provide a Compliance and Risk service to the Directors and employees of the companies to ensure all relevant activities adhere to all appropriate regulatory requirements. Lead and manage the Compliance team to ensure procedures and services delivered adhere to the regulations that apply to a regulated financial services business. Ensure all...

  • In-House Risk Lawyer

    3 months ago

    London, UK, UK, United Kingdom AJ FOX COMPLIANCE Full time

    Our client, an International Law Firm is seeking an In-House Risk Lawyer to join their dynamic office in London. The role will be varied, contributing to the management and smooth operation of the firm alongside the support of wider compliance team officers.The ideal candidate has 5 years of risk-focused PQE and extensive knowledge of legal/regulatory...

  • Compliance Officer

    4 days ago

    London, UK, UK, United Kingdom AJ FOX COMPLIANCE Full time

    Are you a highly skilled and dedicated professional with expertise in Anti-Money Laundering (AML) sanctions and compliance?An exceptional opportunity has arisen for a remote Compliance Officer within an International law firm.In this role, you’ll handle a broad range of compliance, conflicts and AML issues and have the chance to handle escalations from...

  • Governance, Risk, and Compliance

    1 month ago

    UK, UK, United Kingdom Flexera Full time

    Flexera helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Powered by the Flexera Technology Intelligence Platform, our award-winning hybrid IT asset management and FinOps solutions provide comprehensive visibility and actionable insights on an organization’s entire IT ecosystem. This...

  • Compliance Paralegal

    4 months ago

    UK, UK, United Kingdom Slaughter and May Full time

    WHO WE ARE //Slaughter and May is a leading international law firm, recognised throughout the business community for its exceptional legal service, commercial awareness and commitment to clients. We advise across the spectrum of legal matters including high-profile, ground-breaking and complex transactions, contentious matters and all aspects of risk. We...

  • Risk / Compliance Recruitment Consultant

    4 months ago

    UK, UK, United Kingdom AT Talent Full time

    Consultant / Senior Consultant Position - Risk and CompliancePlease note we have already received a high number of applications; however less than 20% have recent relevant experience. If you see yourself as a suitable candidate, please do not be put off by application numbers.Are you ready to embark on your next journey that promises growth, achievement, and...

  • Security Risk Assessment Consultants to American Petroleum Institute Standards

    1 month ago

    UK, UK, United Kingdom EOS Risk Group Full time

    About UsWe are a leading global security consultancy committed to providing innovative safety solutions across the energy sector. Our dedicated team of professionals works to ensure that our clients in the oil and gas industry operate in a secure and safe environment by adhering to the highest standards of risk assessment and management practices.The RoleWe...

  • Compliance Manager

    2 months ago

    UK, UK, United Kingdom SilverRock Bank Full time

    At SilverRock, we are building a new bank. Our vision is to “Pioneer fairer financial outcomes by empowering lenders to deliver and enabling savers to prosper.” We are doing this by building a unique and highly scalable data driven multi-asset bank through a partnership of ecosystems, specialising in the delivery of forward flow partnerships and...

  • Enterprise Risk Manager

    3 weeks ago

    UK, UK, United Kingdom InterQuest Group Full time

    About the RoleAs our Enterprise Risk Manager, you will play a pivotal role in overseeing and enhancing our Enterprise Risk Management (ERM) framework, ensuring it aligns with our strategic objectives. You will collaborate with the Head of Risk and Compliance to embed a strong risk culture across the Group, while also supporting the identification,...

  • Operational Risk Manager

    2 weeks ago

    UK, UK, United Kingdom InterQuest Group Full time

    About the RoleAs our Operational Risk Manager, you will play a pivotal role in overseeing and enhancing our Enterprise Risk Management (ERM) framework, ensuring it aligns with our strategic objectives. You will collaborate with the Head of Risk and Compliance to embed a strong risk culture across the Group, while also supporting the identification,...