Regulatory Compliance Manager (Quality Control)

Overview

About Revolut

 

People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 50+ million customers get more from their money every day.

As we continue our lightning-fast growth,‌ 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we’ve been certified as a Great Place to Work™. So far, we have 10,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we’re looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.

 

About the role

 

Our Compliance team underpins the long term success of the business by ensuring our products and processes adhere to all regulatory and quality standard requirements.

As a part of this team, your expertise in compliance matters and eye for detail will ensure the best possible outcomes both internally and externally for our customers.

Working independently but also within a team, you will be tasked with identifying regulatory obligations for Revolut, associated risks, as well as suggesting controls to mitigate these risks. You will be conducting thorough testing in a dynamic, digital, and data driven environment.

If you’re passionate about setting the standard for compliance and take pride in flawless execution, we’d love to connect 

 

What you’ll be doing

 

• Validating if regulatory obligations are mapped to existing controls for each set of regulations, if it is correct, or if controls that should be mapped are missing
• Providing guidance and support to junior team members in conducting the Quality Control checks. This includes mentoring less-experienced colleagues
• Providing well-informed recommendations for improving existing processes within 2LOD, ensuring alignment with best practices and a diligently documented governance structure
• Paying meticulous attention to detail through reviewing work performed by RegCompliance SMEs
• Communicating feedback from the reviews performed to stakeholders
• Contributing to compliance processes and minimum standards by identifying opportunities for improved adherence to regulatory requirements and company standards
• Maintaining and improving the methodology and adjusting the approach to future process changes
• Reviewing the quality and documentation of decisions made and deliverables created by Escalation officers, RegCompliance SMEs, and Compliance Managers across 1LOD and 2LOD

 

What you’ll need

 

• 4+ years of experience working in Regulatory Compliance across the three lines of defence, in a Fintech, traditional financial institution, consultancy company, or regulatory body.
• Experience in interpreting texts from laws or regulations, preferably related to the following regulators: UK FCA (FCA Handbook), Bank of England/PRA (PRA Handbook), EBA, ECB (e.g. PSD2); and/or Bank of Lithuania regulatory requirements
• Demonstrated experience in reviewing and providing constructive feedback on the work of peers or team members
• Knowledge of the best practise RegCompliance controls used in the industry.
• To be results-driven, pragmatic, and have a detailed-oriented approach.
• An interest in compliance and willingness to deepen your knowledge.
• Fluency in English

 

Nice to have

 

• A Degree in Law or Languages
• Proven experience in managing teams and individuals, including the ability to lead, motivate, and develop team members to achieve both individual and collective goals
• Experience in specifically in Insurance (ICOBS), Crypto-assets regulatory change (MICA), investment protections (MIFID). Financial Promotions, Anti-Bribery, and Corruption, Conflicts of Interest, Conduct Risk (Consumer Duty) and/or Payments (PSR 2017) related regulations
• Relevant experience in assurance or internal/external audit, focusing on risk and compliance domains
• Familiarity with insurance/audit reviews
• Experience creating or utilising test scripts/procedures
• Relevant Reg Compliance certifications, such as ICA and CISI

 

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.

Important notice for candidates:

Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles.

• Only apply through official Revolut channels. We don’t use any third-party services or platforms for our recruitment.

• Always double-check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain.

We won’t ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it’s a scam. Report it immediately.

By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Revolut. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Revolut may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Revolut’s Candidate Privacy Notice

Tagged as: 3-5 Years, 5+ Years