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 45+ 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
We're looking for a Head of Regulatory Compliance to join the Compliance team at Revolut NewCo Ltd (our entity, which has applied for a UK Banking Licence). The Revolut NewCo Compliance team is a 2LOD function which is responsible for advising, monitoring, and oversighting the compliance position of the entity. The team is made up of five pillars (regulatory compliance, financial crime, compliance, monitoring, and advisory, data protection, and regulatory affairs).
This role is to lead the regulatory compliance pillar and reports directly to Revolut NewCo's Chief Compliance Officer (SMF16). This role has also been identified as a material risk taker (MRT) role under Revolut NewCo's proposed Senior Managers and Certification Regime (SMCR).
This position is critical to support the buildout of Revolut NewCo and will be the future focal point for all activity on Regulatory Compliance. We are looking for someone with extensive experience in the UK financial industry and proven experience in leading a compliance team that's excited to design, lead, and shape the future of oversight and compliance.
Up for the challenge? Get in touch
What you'll be doing
Refer to our Data Privacy Statement for Candidates for details on our data handling practices during your application.
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 45+ 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
We're looking for a Head of Regulatory Compliance to join the Compliance team at Revolut NewCo Ltd (our entity, which has applied for a UK Banking Licence). The Revolut NewCo Compliance team is a 2LOD function which is responsible for advising, monitoring, and oversighting the compliance position of the entity. The team is made up of five pillars (regulatory compliance, financial crime, compliance, monitoring, and advisory, data protection, and regulatory affairs).
This role is to lead the regulatory compliance pillar and reports directly to Revolut NewCo's Chief Compliance Officer (SMF16). This role has also been identified as a material risk taker (MRT) role under Revolut NewCo's proposed Senior Managers and Certification Regime (SMCR).
This position is critical to support the buildout of Revolut NewCo and will be the future focal point for all activity on Regulatory Compliance. We are looking for someone with extensive experience in the UK financial industry and proven experience in leading a compliance team that's excited to design, lead, and shape the future of oversight and compliance.
Up for the challenge? Get in touch
What you'll be doing
- Building and leading a team of FCA and PRA regulatory compliance subject matter experts
- Engaging with NewCo Exco and Board members on the compliance position of NewCo
- Supporting the Chief Compliance Officer in the delivery of their prescribed responsibilities (specifically, conduct rules, training, and reporting
- Implementing NewCo's certification regime and production of non-financial regulatory reporting)
- Running NewCo's horizon scanning, regulatory mapping, conflicts of interest, and anti-bribery and corruption processes
- Leading on embedding a culture of compliance within NewCo.
- Deputising for NewCo's CCO in their absence
- Performing compliance reviews of new products
- Identifying regulatory issues proactively and recommending remedies to promote compliance
- Preparing responses to ad hoc regulatory requests and ensuring the highest reporting standards are maintained
- Supporting the CCO in the chairing of NewCo's Compliance committee
- 10+ years of regulatory compliance experience, covering a wide range of FCA Handbook and PRA Rulebook topics across retail banking, including consumer duty, SMCR, SYSC, CONC, COBS, BCOBS, etc.
- Experience of C-Suite and Board-level engagement on compliance topics
- Excellent knowledge and experience of identifying compliance risks and potential vulnerabilities, advising on best practices to effectively and efficiently address those findings
- Knowledge of how to conduct regulatory gap analysis, policy creation, and implementation
- The desire and drive to learn, grow, and create an impact quickly as part of an expanding entity
- Exceptional critical thinking, problem-solving, and communication skills
- Experience working in a fast-paced environment with a focus on execution
Refer to our Data Privacy Statement for Candidates for details on our data handling practices during your application.