UK Head of Regulatory Compliance

Were looking for a UK HEAD OF REGULATORY COMPLIANCE

The UK Head of Regulatory Compliance will be a strategic and handson senior member of the team responsible for ensuring iwocas compliance with all applicable regulatory requirements fostering a strong culture of compliance and serving as a trusted advisor to senior stakeholders. Reporting to the Head of Legal this role is vital in ensuring that iwoca understands and adheres to regulatory standards.

About us

Fast flexible finance empowers small businesses to manage their cash flow better and seize opportunities making their business and the economy stronger as a whole. At iwoca we do just that. We help businesses get the funds they need when they need it often within minutes.

Weve already made several billion in funding available to over 100000 businesses since we launched in 2012 and positioned ourselves as a leading Fintech in Europe. Our mission is to finance one million businesses. Well get there by continuing to make our finance ever more relevant and accessible to more businesses by combining cuttingedge technology data science and a 5star customer service

Your mission

• Regulatory Compliance:

  • Oversee iwocas compliance with relevant UK regulations including FCA guidance data protection laws and the Lending Standards Boards requirements

  • Project manage and contribute to regulatory applications on behalf of iwoca starting with a UK payments authorisation.

  • Monitor regulatory and industry developments to ensure the business adapts to evolving standards and expectations

  • Conduct compliance risk assessments and ensure appropriate mitigations and controls are in place

  • Ensure a programme of compliance monitoring provides secondline assurance over iwocas key regulatory risk areas

• Policy Development:

  • Develop maintain and implement regulatory compliance policies procedures and frameworks aligned with regulatory requirements and industry codes and standards

• Advisory and Stakeholder Engagement:

  • Act as a trusted adviser to the leadership team on regulatory compliance risks and strategies

  • Provide practical regulatory advice on new products services and operational changes

• Regulatory Relationships:

  • Maintain positive relationships with relevant regulatory bodies and lead the interactions with the FCA and other relevant standard setters

  • Engage with external bodies such as the Lending Standards Board as well as industry peer groups forums roundtables and regulatory task forces to stay informed about emerging risks trends and regulatory changes

• Collaboration and Team Leadership:

  • Lead and support the Compliance Manager promoting a collaborative and highperforming environment while driving a proactive approach to regulatory compliance

  • Collaborate with other iwoca functions such as Legal Technology Analytics Operations and Product groups to ensure the regulatory compliance view is considered in our commercial strategies and business practices

  • Build and maintain an effective relationship with the Risk Committee ensuring that regulatory compliance risks and issues are reported at regular intervals

Requirements

• 5 years of proven experience in a senior compliance role ideally within a B2B lending fintech corporate lender or other related financial services

• We are launching card products and experience of managing card compliance programmes gained within an EMI or similar regulated entity will be a distinct advantage

• Meet the fitness and propriety requirements of the FCA for a PSD individual

• Be able to demonstrate strong leadership and an ability to challenge senior stakeholders while supporting business growth

• Be exceptionally analytical including skilled at using data to understand and explain regulatory initiatives and guidance

• Hold relevant industry certifications (e.g. ICA)

The salary

Were openminded so definitely include your salary goals with your application. We routinely benchmark salaries against market rates and run quarterly performance and salary reviews.

The culture

At iwoca we look to hire smart passionate humble individuals with a growth mindset. We prioritise a culture of learning growth and support and invest in the professional development of our team members.

We value thought and skill diversity and encourage you to explore new areas of interest to help us innovate and improve our products and services.

Our friendly and inclusive environment combined with our flexible work policies ensures that youll have the perfect balance between work and life empowering you to thrive both personally and professionally.

The offices

We put a lot of effort into making iwoca a brilliant place to work:

• Offices in London Leeds and Frankfurt with plenty of drinks and snacks

• Events and clubs like bingo comedy nights yoga classes football etc.

The benefits

• Medical insurance from Vitality including discounted gym membership

• A private GP service (separate from Vitality) for you your partner and your dependents.

• 25 days holiday an extra day off for your birthday the option to buy or sell an additional five days of annual leaveand unlimited unpaid leave

• A onemonth fully paid sabbatical after four years.

• Instant access to emotional and mental health support.

• 3 Pension contributions and share options.

• Generous parental leave and a nursery tax benefit scheme to help you .

• Cycletowork scheme and electric car scheme.

• Two company retreats a year weve been to France Italy Spain and further afield.

And to make sure we all keep learning we offer:

• A learning and development budget for everyone.

• Companywide talks with internal and external speakers.

• Access to learning platforms like Treehouse.

Useful links:

• iwoca benefits & policies