Regulatory Affairs Manager

Revolut

  • Location
    • London
  • Date Posted
  • 08 Oct 2020
  • Function
  • Legal
  • Sector
  • Fintech

About the team

Regulatory Compliance is a key team that ensures Revolut’s products and processes meet the wording and spirit of regulatory requirements, then translate this into good customer outcomes. Regulatory Compliance also facilitates open and transparent relationships with our regulators.

The Regulatory Compliance team brings Revolut’s commitment to improving all aspects of finance to risk management. We are far more data-led than similar functions within other companies; our team has both a strong understanding of regulatory requirements and also the ability to find solutions and carry out testing in a purely digital environment.

Join a team that knows that better people and machines are the most effective way of managing conduct risk.

About the role

We're looking for a pragmatic, organised and passionate Regulatory Affairs Associate to boost our growing Regulatory Affairs team. Regulatory Affairs sits with Risk as a second line service team and is responsible for maintaining and developing transparent relationships with our regulators, this means responding clearly and on time to regulatory enquiries as well as keeping on top of regulatory developments and helping teams to implement regulatory change. As a Regulatory Affairs professional, you'll support and strengthen Revolut’s regulatory relationships and help shape our strategy for managing these relationships as Revolut continues to grow. You will assist the business in developing regulatory communications with appropriate tone and accuracy as well as maintaining the teams internal processes.

What you'll be doing

  • Communicating clearly with the regulators and the business including distilling complex information into smaller, digestible chunks
  • Keeping our regulators up to date with new products and initiatives and other ad hoc updates
  • Working with the wider Risk and Compliance team to share communications during an incident
  • Preparing management reports and Management Information, in particular for regulators meetings, internal committees and the Board
  • Delivering training and updates to the product teams, and wider business on regulatory requirements and changes
  • Building processes and documentation for the team in a scalable and sustainable way
  • Being a champion for conduct and compliance across the business
  • Other ad hoc tasks as required to support the team

What you'll need

  • You are self-motivated, highly organised and focused on high quality delivery
  • You have at least 2 years FS experience Experience working in compliance or risk at a regulated financial services firm or a Fintech or at a regulator or similar body
  • You have knowledge of how banks are supervised and how a regulatory affairs team works
  • Strong written communication skills and an ability to deliver a message succinctly
  • You are able to work independently and with changing priorities
  • You are able to build strong, mutually respectful relationships with diverse teams and across stakeholders of varying seniority
  • You are comfortable and literate in using tech software to manage workstreams
  • You have a genuine interest in the regulated financial services environment

A little about us

We believe that there are better ways for people to control their money. Easier, fairer ways.

Revolut started in 2015 with card transactions abroad without rubbish exchange rates or hidden fees. We’ve since added business accounts, vaults, insurance and even access to cryptocurrency exposure.

  • We reached 10 million customers as we rolled into 2020 and we're adding another million every quarter.
  • And we’re only just getting started.
  • Come and help Revolut build the world’s first truly global bank.

What we are looking for

  • From employee 1 to employee 1000, you will be slotting into a global team that shares a number of traits.
  • You can work autonomously and take ownership. We thrive with the space and responsibility to solve problems.
  • You operate best without lots of bureaucracy. We don’t hide behind fancy job titles or clunky processes ‘because that’s how things are done’.
  • You approach work in a logical way. We are not afraid to make mistakes but we use data and logic to backup decisions and improve understanding.
  • And you share our mission to improve people’s relationship with their money.

The benefits

Competitive salary

Biannual equity bonuses

  • All the latest tech you need
  • Skip the commute and work from home once a week
  • Roll with a free Revolut Metal subscription

Pension plan

Private health insurance

  • Don’t panic about cooking: get free dinners with Deliveroo
  • Start the day properly with fresh fruit and cereals
  • Stay refreshed: get juice, tea, coffee and soft drinks on tap
  • Rest up with 29 days’ holiday per year
  • Please only submit an application for one posting.