Senior Compliance Specialist

London, England, United Kingdom

12/13/2024

Department: Risk & Compliance

Location: London

Compensation: £47,000 - £70,000 / year

Description

Senior Compliance Specialist
London

At Freetrade, we believe investing should be accessible to everyone. It's one of the best ways to grow your savings, but for many, it seems complicated, expensive, and out of reach. We're here to change that.

We're building a team with diverse and unique perspectives to help us on our mission to demystify investing. Our goal is to help our customers achieve better long-term financial outcomes.

In 2024, we'll be focusing on making our business cash flow profitable. We'll also be radically improving our product for our core customer base. In the UK, we now have over 1.6 million registered users, and we offer a range of products such as the Freetrade Pension, a stocks and shares ISA, and UK Treasury bills.

We are looking for an exceptional Senior Compliance Specialist to join our team. You will work closely with all areas of our business to provide general Compliance advice, support the development of new products, work on projects, execute compliance processes and undertake compliance monitoring and testing. Our team's key objective is to help the business move forward and be successful in a way that is compliant with regulations and leads to good outcomes for its clients. We are a young, growing company and the Compliance team needs to cover a wide range of businesses and technical regulatory topics in a fast paced environment.

You will:

• Provide advice to the business on BAU issues and in the context of new product lines and services.


• Take a leading role in priority business and compliance projects, providing regulatory direction, insight, context and challenge.


• Lead compliance monitoring and testing exercises to ensure that the business is operating in line with regulations and the firm's policy


• Provide training on regulatory issues to all business areas


• Work with colleagues across the business to prepare for and respond to regulatory change and regulatory engagement


• Execute ongoing Compliance processes and controls


• Take a leading role in the Global Compliance function, providing guidance and oversight to more junior colleagues in the UK, Sweden and Hungary.

About you:

• You have excellent knowledge of UK financial services regulations and knowledge of a range of financial products, including retail investment products.


• You have experience of working in or with UK retail financial services regulated firms, ideally with a retail broking or wealth management business.


• You learn quickly and have strong analytical skills, and will be able to point to good examples of where you have been able to make a quick and material impact.


• You understand the Consumer Duty and the regulator's expectations of firms in respect of it, and you will ideally have some direct experience of engaging with the regulator.


• You will likely have some experience managing individuals either in a management role or through project leadership positions.


• You will be fluent in English, with excellent written and verbal communication skills.


• Ability to build relationships and influence colleagues


• You will have 4 - 7 years experience at a retail investment firm or bank, the regulator or a large consultancy in a role with a heavy regulatory / compliance focus

Benefits:

We offer a competitive salary plus stock options and lots of other benefits.

You'll have a stake in the company you're building, with stock options benchmarked to US companies.

We are an Equal Opportunity employer committed to a diverse and representative team. Whatever your race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability - we want to hear from you. We're very open about what we're working on, and the best places to learn more are our buzzing community forum and our blog.


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Please note we are not accepting agency CVs.