£50,000 per year
Permanent, Full-time
Job description

Prospectus is delighted to be supporting Wonderful to find their new Head of Regulatory Compliance. Wonderful is an exciting and disruptive FinTech business, offering a simple, fast and secure payments service for UK organisations.


Founded in 2016 to break the mould in the charity sector, Wonderful provide a powerful fee-free charity fundraising platform. Using the emerging technology of Open Banking, we are changing the status quo when it comes to digital payments. You'll be joining a diverse, agile, and rapidly growing team as we gear up for the first release of our commercial payments offering in 2022. At Wonderful, we believe people make great things happen. We live and breathe our values of integrity and transparency. We're looking for the right person to join us for the journey.


The Head of Regulatory Compliance will play a pivotal role in ensuring the Wonderful architecture is robust and compliant across PIS and AIS payment projects and wider business. You will take a lead on FCA and other regulatory relationships and keep up to date with the regulatory landscapes, such as with CMA, EBA, PSR and FCA publications, consultations and governance and provide advice to Senior management on impacts to the business. You will manage the review and support of regulatory reporting and ensure regular FCA submissions. The role also requires that you provide direct liaison with directors, Money Laundering Reporting Officer (MLRO), technical and customer service teams on regulatory aspects to their service provision. You will play a key function in the development of risk assessments and ensuring the wider organisation has a strong regulatory awareness.


With a strong track record of relevant regulatory work experience in a financial services arena, in the UK market, you will be familiar with EBA and FCA guidelines and regulation. You will show strong business analysis skills and a thorough understanding of the financial industry and ideally Open Banking and know what a sound regulatory environment should look like and how to create that within the business setting. With excellent stakeholder engagement skills and clear and concise communication you will thrive in demonstrating trust, confidence and diligence. The right candidate will hold a financial industry qualification such as CISI, CIMA, ACA, ACCA or equivalent and although not essential, will have ideally spent a period in a Fintech payments company.


We welcome candidates from a diverse range of backgrounds. Please let us know if we can help you with the application process in any way. We are more than happy to make any reasonable adjustments to enable all interested candidates to apply.

If you are interested in applying to this position, please submit your CV in the first instance. If your experience is suitable, we will send you the full job description and will arrange for a call and/or meeting to brief you on the role. You'll then have all the information you need to formally apply. We are looking forward to connecting with you soon.

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Posted on: 17 January 2022
Closed date: 02 February 2022 at 23:59
Job ref: hq00180201
Tags: Finance, Senior Management