Regulatory Compliance Specialist

PayDo, a leading Electronic Money Institution (EMI) authorised by the FCA in the UK, FINTRAC in Canada, and MFSA in Malta, operates in 140 countries and over25 industries. Offering multicurrency IBANs, merchant solutions, and mass payment options, PayDo provides premium and convenient payment services. With all features available through one platform and contract, PayDo is a preferred solution for local and international payments.

PayDo is seeking a highly motivated and experienced Regulatory Compliance Specialist to join our growing team in London. This role is crucial in ensuring our business operates within the complex and evolving landscape of financial regulations, particularly those set by the Financial Conduct Authority (FCA). The ideal candidate will possess a strong understanding of FCA regulations, a proven track record of implementing and maintaining effective compliance programs, and a passion for navigating the regulatory compliance of an EMI company.

Your regular tasks

• Regulatory Reporting & Compliance Oversight
  • Act as a key stakeholder in maintaining the regulatory reporting schedule to the FCA and other relevant authorities
  • Ensure timely and accurate submission of regulatory reports, including those related to capital adequacy, safeguarding, and operational resilience
• FCA Compliance & EMI-Specific Obligations
  • Maintain and enforce compliance with FCA regulations applicable to Electronic Money Institutions (EMIs)
  • Stay updated on changes to the FCA Handbook and other EMI-relevant legislation, ensuring PayDoremains compliant
• Risk & AML Compliance Development
  • Support the Deputy Money Laundering Reporting Officer (DMLRO) function and contribute to regulatory compliance strategy growth
  • Assist in reviewing AML frameworks, policies, and risk assessments in line with FCA and external AML audit expectations
• Consumer Protection & Data Compliance
  • Ensure compliance with Consumer Duty requirements, including Fair Value Assessments and customer outcome monitoring
  • Oversee PayDo's adherence to GDPR and data protection regulations, implementing necessary controls
• Regulatory & External Audit Coordination
  • Support FCA and external AML audit processes, ensuring PayDo meets all compliance expectations
  • Collaborate with auditors and regulators, acting as a point of contact for compliance-related inquiries
• Stakeholder Engagement & Internal Advisory
  • Provide regulatory guidance to internal teams, ensuring compliance is integrated into business processes
  • Liaise with senior management, risk, finance, and operations teams to align regulatory obligations with business strategy
• Advancing Regulatory Expertise & Governance
  • Leverage previous FCA appointments (if applicable) to strengthen PayDo's compliance position
  • Contribute to corporate governance initiatives, fostering a strong compliance culture within PayDo

Skills and qualifications

• 3+ years of direct experience working within an EMI environment in a Regulatory Compliance role
• Understanding of the UK financial regulatory environment, including the Financial Conduct Authority (FCA) and its rules and regulations
• Expertise in the FCA Handbook, particularly sections relevant to EMIs, payment services, and financial crime
• Understanding of UK AML/CTF regulations, including Money Laundering, Terrorist Financing and Transfer of Funds
• Solid knowledge of the FCA's Consumer Duty, including requirements for Fair Value Assessments, customer outcome monitoring, and vulnerable customer treatment
• Awareness of various financial crime risks, including fraud, bribery, and corruption
• Proven ability to prepare and submit accurate and timely regulatory reports to the FCA and other relevant authorities
• Strong grasp of UK GDPR and data protection legislation, including practical experience of implementation and compliance
• Russian/Ukrainian language skills are beneficial

What's In It For YouAt PayDo, specialists are at the heart of our innovation and success. Joining our team means accessing unparalleled opportunities to grow, contribute, and thrive in a dynamic FinTech environment.

• Empowerment Through Professional Development:
  • Monthly investment in your English learning
  • Yearly allocation for advancing your professional expertise
• Unlock Your Potential:
  • Transparent career growth with opportunities to achieve Lead roles within 1 year, Head roles in 2 years, and even C-level within 4 years, based on exceptional performance
  • Performance reviews are anchored in KPIs, ensuring recognition is merit-based
• Make a Lasting Impact:
  • Work on unique projects where your contributions can reshape company-wide processes
  • Bring your ideas to the table and earn exceptional bonuses through our PayDo Ideas Hub
• Flexible and People-Centric Culture:
  • Days of paid vacation annually, with the flexibility to transfer unused days or receive compensation
  • Days of paid sick leave annually, accommodating emergencies and medical needs
  • Additional holidays aligned with your local calendar
• Compensation & Incentives:
  • Multiple payment options, including Private Entrepreneurship accounts or popular e-wallets

Our Values:
At PayDo, we live by principles that drive us to excellence:

• Ownership & Initiative: Specialists who take charge and make a difference
• Collaboration & Communication: Together, we achieve more by sharing ideas and insights

Become part of a global team redefining FinTech. Your expertise, passion, and ideas will shape the future of payments with PayDo!