Regulatory Compliance Manager

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.

***Please note this is a maternity cover, with the opportunity for a further extension or a move to another role within the business.***

How will you add value to the OpenPayd journey?

• Providing fixed-term maternity-cover support and maintaining the continuity and effectiveness of OpenPayd’s regulatory compliance framework
• Maintaining oversight of the regulatory obligations that apply to relevant OpenPayd entities, jurisdictions and activities
• Managing and coordinating regulatory returns, notifications, applications and submissions, ensuring they are accurate, complete and delivered on time
• Coordinating regulatory correspondence, meetings, inspections, information requests and other supervisory engagements, working with stakeholders to provide timely, well-evidenced responses
• Monitoring changes to relevant laws, regulations, regulatory guidance and industry standards, and maintaining regulatory obligations and change registers
• Assessing how regulatory developments affect our activities, policies, processes and controls, and coordinating implementation with business owners
• Providing regulatory compliance advice, oversight and effective second-line challenge for new products, services, markets, client propositions and material business changes
• Reviewing and supporting the development of policies, procedures and controls so that regulatory requirements are properly reflected and implemented
• Supporting compliance risk assessments, monitoring activity and control improvements, ensuring that risks and weaknesses are documented and addressed
• Identifying, assessing, documenting and escalating actual or potential regulatory breaches, and overseeing any related notifications, corrective action and remediation
• Preparing and presenting regulatory compliance reports and updates to senior management, relevant committees and Boards
• Maintaining accurate regulatory compliance records and evidence, including registers, assessments, policies, procedures, submissions and remediation activity
• Helping to ensure OpenPayd is prepared for internal and external audits, regulatory inspections and compliance assessments
• Monitoring agreed remediation and mitigation plans, challenging progress where necessary and tracking actions through to completion
• Developing and delivering proportionate regulatory compliance training and awareness activities for employees and relevant stakeholders
• Working closely with Legal, Finance, Operations, Product, Sales, Customer Success, Risk, Internal Audit and HR to support effective regulatory compliance across the business
• Identifying opportunities to improve the effectiveness, consistency and efficiency of the regulatory compliance framework and its processes
• Maintaining clear working records and handover documentation to support continuity throughout and at the end of the maternity-cover period
• Carrying out additional regulatory compliance projects as required
• Travelling internationally on occasion for regulatory engagements, training, knowledge sharing and business purposes, in line with local legislation and OpenPayd’s travel policy

The ideal candidate will have the following:

• You have substantial experience in a second-line regulatory compliance role within a regulated financial services environment
• Experience in payments, electronic money, fintech, banking-as-a-service or digital assets would be a strong advantage
• You have strong knowledge of regulatory compliance frameworks, governance arrangements and risk management principles relevant to regulated financial services businesses
• You have working knowledge of relevant UK and European regulatory requirements; experience supporting more than one regulated entity or jurisdiction would be advantageous
• You have practical experience managing regulator…