Senior Regulatory Compliance Executive

Job description

**Who are we?** At OpenPayd, we are building a universal financial infrastructure to power the growth of the digital economy. Our rails-agnostic approach empowers any business to move and manage money globally - across both traditional rails and stablecoins — at scale, and in real time.​ The OpenPayd platform delivers a suite of banking and payments infrastructure: accounts in over 40 currencies, FX, on/off ramp, international and domestic payments, Open Banking services – all via a single API. A global network of licences alongside our best-in-class tech is why we're trusted by 1200+ enterprise clients to process over $300 bn volume annually. ### How will you add value to the OpenPayd journey? - Contributing to the development and delivery of the Annual Compliance Monitoring Programme, completing assigned reviews to the approved scope, methodology and timelines - Conducting risk-based compliance monitoring and testing against applicable laws, regulations, regulatory expectations, policies and procedures - Assessing the design and operating effectiveness of systems, processes and controls, and documenting the evidence reviewed, findings identified and conclusions reached - Preparing clear compliance monitoring reports and tracking remedial actions to completion, escalating overdue or insufficiently addressed matters when appropriate - Monitoring developments in UK legislation, regulation, regulatory guidance and industry standards, assessing their impact and completing regulatory gap analyses - Supporting engagement with UK regulatory authorities, including coordinating communications, information requests and meetings - Preparing regulatory reports, returns, notifications and other submissions in line with established review and approval processes - Maintaining the UK regulatory reporting calendar and supporting records, while obtaining, reviewing and validating information from internal stakeholders - Partnering with Legal, the Global Compliance Team and relevant business functions to develop and update policies, procedures and guidance - Providing practical, risk-based compliance advice on new initiatives, products, services and processes - Delivering compliance training, communicating regulatory expectations and supporting audits, assessments and regulatory reviews - Maintaining accurate and up-to-date compliance records, analyses, implementation trackers, reports and supporting evidence ### The ideal candidate will have the following: - You have a bachelor's degree in law, finance, business or a related field; a law degree is preferred - You have at least four years' experience in regulatory compliance, preferably within financial services - You understand the UK financial services regulatory environment and how Banking as a Service technology and automation affect compliance - You can analyse regulatory requirements and controls, identify issues and recommend practical solutions - You communicate clearly in writing and verbally, including with senior management and external stakeholders - You build effective working relationships and can influence colleagues across different functions - You can work independently and collaboratively in a fast-moving environment - You pay close attention to detail, understand commercial priorities and actively develop your fintech and regulatory knowledge - You value inclusive teamwork and contribute positively to a team with varied backgrounds and experience ### Our perks and benefits - Personal training budget - £3000 - Cycle to Work scheme - Discounted gym membership - £80 towards any gym - Corporate discounts via PerkBox - Travel loan - Company Pension plan - Health, Dental & Life Insurance - Wednesday office breakfasts, office fruits and a full bar & regular team socials - 25 days annual leave plus the Bank Holidays, extra day off for Birthday & Social Volunteering