Head of Compliance and Regulatory Affairs

We are a technology company and our aim is to transform banking - we believe in making banking 10x better for customers, banks and society. At the heart of our platform is the 10x SuperCore™. With its transformational end-to-end architecture, everything has been designed from first principles to bring forward a new way of banking. We enable our client banks to engage their customers with more timely, relevant and personalised experiences when it comes to managing money.

About the role

The Head of Compliance and Regulatory Affairs, reporting into the Chief Risk Officer, will be accountable for continuing to drive a step change in promoting and enhancing a culture of active regulatory and compliance throughout the business, bringing thought leadership to the function, and keeping 10x at the forefront of the regulatory / compliance environment.

You will be ensuring that 10x addresses the regulatory context and priorities associated with all defined deliverables for Clients. This will be an increasingly cross- geographic jurisdiction role ensuring that our Clients have confidence in meeting those expected regulatory and compliance requirements and that 10x is operating within the company’s risk appetite.

About you

You will have major banking and FinTech start-up experience with a good understanding of both effectively meeting Client demand and internal delivery capacity.

You will be able to demonstrate a comprehensive understanding of the regulatory and compliance landscape and will have experience of operating at a senior level.

You are a strong relationship builder who has experience working within a product organisation with the ability to translate Client regulatory commitments to actionable items from a product perspective. The role demands a confident, highly collaborative leader who can build credibility quickly with effective client-facing and influencing skills. You are experienced at constructively challenging thinking at senior levels.

You will be responsible for….

• Being the face of 10x into the market on all regulatory matters informing our strategy, roadmap, as well as sales in a timely manner, being able to gain buy in from varying stakeholders.
• Client facing and managing Clients’ comms effectively.
• Ensuring that 10x address the regulatory context and priorities associated with all defined deliverables for Clients
• Capturing the regulatory context and priorities associated with our deliverables for Clients.
• Informing and collaborating with the Product Teams ensuring that the design and roadmap reflect the required functionality, leveraging reusable components wherever possible, and delivering brilliantly to our clients, alongside ensuring all builds are in line with regulatory requirements.
• Go to Market regulatory and compliance analysis for new jurisdictions.
• Responsible for Client third party oversight audits or supporting closely on the completion of these.
• Responsible for Due Diligence on new prospects to ensure 10X are operating within the company risk appetite and ensure we can deliver client requirements in line with regulatory requirements
• Confidently raising compliance concerns to internal stakeholders during the sales cycles if there is an impact on potential delivery or service on the platform identified.
• Proactively auditing processes, practices and documents to identify weaknesses.
• Creating sound internal controls and monitoring adherence to them. Ensure risks and issues are raised and seen through to conclusion often with senior stakeholders.
• Close collaboration and partnership with internal stakeholders and clients being able to gain buy in and have a strong voice at the table.
• Setting plans to manage a crisis or requirements violation.
• Educating 10x on regulations and industry practices.
• Presenting regulatory compliance updates to Exco and Board.

Requirements

Ideally you will have…

• Sound and expert knowledge and experience in Financial Services (retail banking) compliance requirements, industry practices and professional standards. Additional transaction banking experience and knowledge will be a bonus
• Experience as a Head of Compliance and Regulatory Affairs in FS, with past experience interacting with regulators a plus
• Excellent communication skills including at presenting at Board / Executive level
• High integrity and professional ethics
• Business acumen
• Teamwork skills
• Attention to detail
• Degree or other certifications in Law, Finance, Business Administration or a related field
  

If you also have experience of the following, we’d love to hear from you…

• Professional certification (e.g. Certified Compliance & Ethics Professional (CCEP))
• Experience in a fast moving, dynamic, digital, entrepreneurial businesses
• Demonstrable high levels of integrity and desire to make a positive impact within the business
• Coached and developed team members
• Proven ability to work under pressure and deliver to tight deadlines
• Planning and organisational skills, with strong attention to detail
• Ability to operate effectively in an agile organisation

Benefits

• 25 days holiday and an extra day off on your birthday, plus Bank/Public Holidays
• 4 wellbeing / recharge days (one per quarter)
• Enhanced parental policies (leave and pay)
• Sabbatical Policy
• Pension Scheme
• Private Health Insurance, with the option to add your family
• Options Pool
• Bonus Scheme
• Enhanced Company Sick Pay
• Life Assurance
• Income Protection
• Subscription to Headspace wellbeing app
• Flexible benefits to suit your lifestyle via salary sacrifice
• Access to Discounts & Cashback offers
• You will also be eligible for any additional employee benefits that may be introduced in the future

About 10x

10x Future Technologies Services is a strategic solutions business working to transform banking and make it 10x better for customers, banks and society. Our next-generation cloud-native technology platform enables our financial services clients to give their customers more timely, relevant and personalised experiences when it comes to managing money.

Our 10x team comprises more than 500 specialists with deep and relevant experience amassed from multi-billion-dollar businesses, challenger banks, disruptor brands and start-ups.

At 10x you will work alongside innovators and leaders in banking and financial services, big-technology and consumer-focused industries – proven practitioners who understand how to meet the evolving needs of businesses and consumers. Our engineers and developers are leaders too, drawing on experience from within and outside of financial services to deliver new digital solutions. They work across API development, security, cloud-native engineering and payments technology and include UI and UX designers, technical architects and data scientists.

At the heart of everything we do are our three values - Transformation, Integrity and Impact.

Learn more at www.10xbanking.com