Regulatory Compliance Specialist (FinTech, EMI)

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