Head of Compliance UK

Full Time
London, UK
8 months ago

Our passion at SumUp is empowering small businesses. We believe in creating technology that is flexible, fair, affordable and easy to use. Every day millions of people around the world dream of starting their businesses. We strive to help them to do this. Our long-term goal is to “close the loop” by enabling businesses to turn transactions with customers into long-term relationships.

We're looking to welcome to our team a Head of Compliance UK for SumUp UK, based in London.

The Head of Compliance is an integral part of our Global Governance, Risk and Compliance (GRC) leadership team and will be responsible for the compliance programme for our UK regulated entity. This role is essential to SumUp’s success in the UK and will impact SumUp's product development and business plans. This person will report directly to the SVP of Regulatory & Compliance and work closely with stakeholders from the whole SumUp organisation.

What you will do

  • Oversee the operations of the UK Compliance team, including training, capacity planning, tracking team and Key Performance Indicators (KPIs), and Key Risk Indicators (KRIs) for the programme
  • Conduct compliance reviews and assessment of new regulatory and product developments and maintain oversight of developments affecting business activities and license status
  • Provide creative, flexible and proactive regulatory, product and commercial advice on payment services and related financial products
  • Represent the company in its communications with the FCA and PSR
  • Coach and mentor others while serving as a technical expert, often managing cross-functional initiatives and sharing specialist knowledge on a specific compliance area
  • Maintain tools for measurement and monitoring of compliance controls and reporting capabilities
You’ll be great for this role if
  • You have strong experience in managing Compliance in a complex financial services firm, or related e-money/payments industry. 
  • People management is your strong suit - you have built and helped grow teams.
  • You have experience in managing relationships with a variety of global stakeholders and act as a trusted partner.
  • You have operational knowledge in building and running a sound compliance programme, with hands-on knowledge and an understanding of regulatory requirements for Ireland.
  • You have strong communication skills.
  • You have ideally previous experience of having held a Senior Management Function (SMF)

Why you should join SumUp

  • We’re a global and growing team of 3000+ people from 92+ nationalities, spread across 4 continents.
  • You’ll receive a budget for your individual development, attending conferences and external training.
  • We offer health insurance, SumUp corporate pension scheme, life insurance and 28 days of paid leave.
  • You will have access to the SumUp Sabbatical, our Employee Referral and Employee assistance program for mental health as well as Fitness and language learning benefits.
  • SumUp is an office-first company. In person, we can iterate, innovate, fail, and succeed together, faster. We’re more effective and have more fun in the process.

About SumUp

We believe in the everyday hero.

Small business owners are at the heart of all we do, so we create powerful, easy-to-use financial solutions to help them run their businesses. With a founder’s mentality and a 'team-first’ attitude, our diverse teams across Europe, South America, and the United States work together to ensure that the small business owners we partner with can be successful doing what they love.

Job Application Tip

We recognise that candidates feel they need to meet 100% of the job criteria in order to apply for a job. Please note that this is only a guide. If you don’t tick every box, it’s ok too because it means you have room to learn and develop your career at SumUp.