Regulatory Compliance Manager

Overview

Moneycorp powers global payments for corporates, institutions and high net worth individuals, combining worldwide reach with local expertise. With over 45 years of market experience, two banking licences and offices in 11 countries, our technology delivers 24/7 accessibility, while our people deliver award-winning service. In 2024, we supported £79bn+ of international payments, reaching 190 countries in 130 currencies. Our 32k+ corporate clients benefit from our regulatory resilience with 63+ permissions globally, access to major payment rails, and proprietary technology.

Moneycorp is a place where energy, commitment to our shared success, and collaboration are core to our values. We’re restless in our drive to surpass the expectations of our customers and unlock opportunities to support them at every stage of their journey. The foundation of our success is our people, and nurturing a culture of belonging for all our colleagues is central to our journey as a global business.

This role will lead Regulatory Compliance function with a dual focus on central compliance oversight and product compliance advisory across the firm’s payments and MiFID‑regulated entities. This individual is responsible for maintaining a robust compliance framework covering governance, policies, monitoring, training, regulatory engagement, and risk assessment—while providing expert advisory to product, technology, and commercial teams. The Regulatory Compliance Manager will ensure that the business model, new and existing products, features, and business initiatives comply with Payment Services Regulations, and MiFID II.

The Regulatory Compliance Manager will serve as a strategic partner to the business, supporting growth by embedding regulatory expectations into design and decision‑making, fostering a culture of compliance, and proactively identifying and managing regulatory risks.

• Regulatory Liaison: Focal point for communications with and coordinating responses for the regulators (e.g. FCA, FOS, PSR)
• Compliance Advisory: Provide guidance on MiFID and Payment Services Regulations, including but not limited to CASS, Safeguarding, Consumer Duty, EMIR, Financial Promotions, Product Governance, Employee Compliance (e.g. Individual Accountability Regimes, Remuneration, Conflict of Interest etc).
• Business Enabler: Review new business / product changes proposed by commercial teams and provide Compliance input
• Policy Management: Ensure creation, ongoing review and sign-off of policies through governance committees.
• Regulatory Change: Lead the regulatory change framework including horizon scanning, lead regulatory change initiatives, conduct impact assessments, and as necessary implement required actions or work with impacted stakeholders.
• Regulatory Reporting: Gather data, submit and/or provide advisory support on non-financial regulatory returns and notifications via Reg Data/Connect (e.g., Major Incident Reports, Complaints Returns, Directory Persons/SMF applications and EMIR Reporting).
• Compliance Universe: Map, document and maintain the firm’s Compliance Universe, from regulatory obligations to business controls and policies.
• Second Line Reviews:
• Financial Promotions:
  Conducting review and approval of financial promotions, marketing materials and mass client communications to support good customer outcomes.
• MiFID Onboarding:
  Lead and manage the second line of defence reviews of on MiFID client onboarding, including appropriateness and client categorisation.
• Complaints Handling:
  Review and/or draft responses for escalations to the Financial Ombudsman Service.
• Governance Support: Produce and enhance Management Information for Board and Committee reporting.
• Management: Manage a small regulatory compliance team, ensuring both ongoing and ad-hoc workload is executed to support the needs of the business. FCA communications and reporting. Experience in providing input into Compliance Monitoring plan(s) and reviewing monitoring review findings and opining on regulatory impact.

Knowledge and

Experience:

Essential

• Background in managing regulatory compliance team(s)
• Strong…