Regulatory Compliance Manager (Private Banking)

United Kingdom

12/20/2024

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

Compliance is a key team that ensures Revolut’s products and processes meet the regulatory requirements and translate this into the best customer outcomes. They’ve got an outstanding ability to find solutions and carry out testing in a purely digital environment. Those data-driven experts know that better people and machines are the most effective way of managing conduct risk.

We're looking for a Compliance Manager to join our new Private Banking department. You'll focus on launching and scaling our specialised wealth management offering for HNWIs. As the first compliance hire, you’ll be responsible for leading and shaping the function. Be warned, this is a very hands-on role.

If you're familiar with private banking and wealth management products, come challenge the status quo and be a part of the future of finance.

What You’ll Be Doing

• Advising the business on compliance requirements and related controls across private banking products (e.g. private markets, investment management, etc.)
• Reading large pieces of regulation and breaking down what needs to be done and how it applies to the business model
• Liaising with regulatory bodies on matters ranging from inspections to day-to-day queries
• Identifying, assessing, monitoring, and reporting on compliance risks in a MiFID II investment firm
• Developing and implementing our compliance management system, including delivering compliant customer outcomes, managing the training programme, and reviewing marketing communications
• Ensuring scheduled monitoring and reported findings are carried out and followed up on
• Continuously reviewing the Compliance Monitoring Plan for optimisation
• Working with global Regulatory Compliance Managers to ensure that local risk management frameworks and processes are aligned with global ones
  
  

What You'll Need

• Experience in a compliance role in/with top-tier private banks or investment firms
• Solid knowledge of MiFID II and other related regulations
• An in-depth understanding of the regulatory requirements applicable to an investment firm
• The ability to work well under pressure, manage multiple projects at once, and meet tight deadlines
• Knowledge of how to conduct regulatory gap analysis, policy creation, and implementation
• Experience in compliance risk management within a consultancy, compliance function, or a regulator
• Knowledge and experience in regulatory requirements relating to consumer protection
• A willingness and passion to constantly develop and improve your knowledge/skills
  
  

Nice to have

• A professional certificate/diploma in compliance and/or a willingness to take exams in the future
• A degree in business, finance, or law
  
  

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.

Refer to our <a class="postings-link" href="https://www.revolut.com/legal/data-privacy-for-candidates">Data Privacy Statement for Candidates for details on our data handling practices during your application.