Regulatory Compliance Specialist

• Regulatory Change Management: Own the day-to-day regulatory change process, ensuring relevant developments are identified, assessed and actioned.
• Compliance Monitoring Plan: Support the team's delivery of the Compliance Monitoring Plan, attestations and surveillance alert review.
• Compliance Advisory: Advise the business day to day on new/changes to products, client journeys, new business initiatives or in effect regulatory obligations (dependent on experience).
• Compliance Programme: Provide the Regulatory Compliance team with additional support across key compliance activities.
• Regulatory Compliance Policies: Support the Regulatory Compliance team in maintaining an up-to-date and effective compliance policy framework.
• Management Information: Support the production of accurate and timely compliance and Consumer Duty MI.

Key Responsibilities

• Own the day-to-day regulatory change process, triaging regulatory change alerts from the firm’s horizon scanning platform and filtering developments relevant to IFX.
• Initiate and coordinate impact assessments and gap analyses, and notify relevant business areas of changes affecting them.
• Recommend and track actions arising from regulatory change, including policy and procedure updates, through to completion.
• Escalate material regulatory developments to the Compliance Director in a timely manner.

• Support the Regulatory Compliance team's delivery of the Compliance Monitoring Plan through execution of monitoring and testing activities across the business.
• Gather and record test evidence, findings and remediation actions in the firm’s GRC tool, and track actions to closure.
• Support ad-hoc deep dives and reviews as directed by the Compliance Director.

• Support the team to review and clear surveillance alerts generated by the firm’s surveillance tool.
• Document alert review outcomes clearly and consistently.
• Escalate potential breaches to the Compliance Director and the Regulatory Compliance Specialist in line with escalation procedures.

• Provide regulatory advisory support to the business, proportionate to experience, including on new business initiatives.
• Support internal and external audits and breach assessments, with final determinations made by the Compliance Director.
• Support the logging and tracking of regulatory breaches and incidents, ensuring root causes, customer impact and remediation actions are captured and evidenced.

• Complete monthly conflicts of interest checks for joiners and leavers.
• Maintain accurate conflicts of interest and gifts and entertainment records, escalating potential conflicts to the Compliance Director.
• Support the team with maintaining a record of key regulatory deliverables such as regulatory correspondence and regulatory returns.

• Support the Regulatory Compliance team with department policy management, including the annual policy review cycle tracked in the firm’s GRC tool.
• Support policy owners in meeting review deadlines and ensure policy records remain current.
• Draft policy updates, particularly where they arise from regulatory change.
• Support the communication of new and updated policies to the business, including related compliance training and awareness.

• Produce the monthly Consumer Duty dashboard and support compliance MI.
• Support the preparation of the annual Consumer Duty report.
• Ensure MI is accurate, complete, timely and supported by appropriate evidence.
• Support the preparation of executive committee and audit and risk committee packs.

• Work alongside the other Regulatory Compliance Specialist to share workload and provide cover across monitoring, surveillance, MI, policy management and log management.
• Support the Compliance Director with regulator correspondence records and the regulatory returns calendar where required, without taking ownership of regulator liaison or submissions.
• Escalate capacity constraints or emerging compliance risks to the Compliance Director.

Skills, Knowledge and Expertise

• Significant experience in a regulatory compliance role within an FCA-regulated financial services firm, such as a payments firm, EMI, bank, investment firm or fintech. Financial crime experience is valued, but on its own will not be sufficient for this role. We encourage candidates with regulatory compliance experience to apply.
• Experience supporting compliance monitoring and testing, including reviews, attestations, evidence gathering, findings and remediation tracking.
• Experience of regulatory change management, including triaging regulatory developments, impact assessments and gap analysis.
• Experience reviewing surveillance alerts, or other high-volume compliance review activity, with clear documentation of outcomes.
• Experience supporting compliance policy reviews and maintaining compliance records and logs, such as conflicts of interest registers.
• Experience preparing compliance MI, ideally including Consumer Duty reporting.

• Ability to apply regulatory requirements accurately and proportionately.
• Ability to distinguish clearly between first line control ownership and second line oversight.
• Strong attention to detail and accuracy, particularly in high-volume review work.
• Ability to document rationale, evidence and outcomes clearly.
• Ability to prioritise and manage competing deadlines.
• Ability to identify issues and escalate them promptly and appropriately.
• Clear written communication, including drafting policies and MI.

• ICA Certificate or Diploma in Compliance, or equivalent compliance qualification.
• Experience using GRC, regulatory change or surveillance tools.
• Experience of Consumer Duty implementation or ongoing monitoring.
• Experience in an FCA-regulated EMI, payments firm or cross-border payments business.
• Experience supporting internal or external audits (e.g. CASS audits).

Benefits

• 🌴 Time to Recharge

  • 25 days’ annual leave, plus bank holidays
  • An extra day off for your birthday
  • Holiday loyalty scheme rewarding long-term service
  • Work abroad scheme for added flexibility

• 💰 Financial Wellbeing

  • Competitive pension scheme via salary exchange
  • Annual discretionary bonus scheme (eligible after probation)
  • Financial education, planning & coaching platform
  • Interest-free Season Ticket Loan for London travel
  • Salary exchange nursery fee scheme

• 🩺 Health & Wellbeing

  • An in-house fully equipped gym, including instructor-led classes for pilates, HYROX and more
  • Life Insurance
  • Healthcare platform including:
    • Cashback on dental, optical & physio
    • Virtual GP access
    • Mental health and stress support helplines
    • Additional wellbeing resources

• 👶 Family & Lifestyle Support

  • Enhanced parental leave
  • Cycle to work scheme
  • Flexible benefits that support everyday life

• 🚀 Growth & Career Development

  • Career development and progression tools
  • Opportunities to grow within a fast-scaling international business
  • IFX-sponsored training budget for your individual learning & development

• 🎉 A Great Team Culture

• We will review your application and come back to you as soon as possible.
• You must be eligible to work in the UK to be considered for this position.
• Full background checks will be carried out on all successful candidates.