Head of Financial Risk & Compliance

July 28, 2021

Head of Financial Risk & Compliance

Good Box, providing support for the UK’s biggest charities

We are Good Box – a start‑up dedicated to building new technologies that connect donors with wonderful causes.

Since 2016, we have dedicated ourselves to solving the negative impact a cashless society is having on the charity sector. By harnessing the power of contactless technology, our products are helping some of the UK’s biggest charities receive up to 64% more in donations. Together, we are shaping the future of fundraising.

We are growing fast. We have got over 1,500 clients on our books and we are planning to turn over £2 million in the next 12 months. This year, we are planning to take our company global with a whole range of new products and services. We have got big ambitions, and we need a Financial Risk & Compliance Manager to take ownership for all areas of Financial Compliance, including FCA reporting and ensure submissions are accurate and submitted on time.

As a Head of Financial Risk & Compliance, you will be responsible for implementing and managing a suite of tools to ensure we adhere to our fiduciary responsibilities and our commitment to the financial regulations and compliance requirements of our sector.

You will work closely with several teams across the business including Finance, Tech, Operations, Sales, and Marketing and 3rd Party consultants to develop and enhance our regulatory risk framework and provide mentoring and education across the business on risk monitoring and financial compliance and to promote a culture of awareness and diligence with regards Financial Risk and Compliance throughout the organisation.

• Implement and embed the regulatory compliance Risk Framework, Standards, Procedures and Policies
• Ensure Good Box comply with FCA / acquirer requirements
• Ongoing review of all business risk and financial compliance policies
• Responsible for all FCA reporting and ensure submissions are accurate and submitted on time
• Working closely with our acquirers, suppliers, and 3rd parties to ensure Financial Compliance is incorporated throughout the whole eco system
• Provide Audit Reports to any of our Acquirers as requested
• Understand and advise on changes in the regulatory landscape that may affect Good Box
• Own and advise on financial governance and regulation aligned to Good Box corporate objectives
• Monitoring of all new and existing clients in line with FCA requirements and internal Risk Policy
• Identifying and implementing a transaction monitoring system
• Ownership of process for identifying high risk transactions / clients and create a process to investigate any anomalies
• Ownership and orchestration of the monthly Risk Review Meeting
• Enhance our controls library and evaluate and document our regulatory risk assessment process
• Manage meaningful risk assessments – helping to educate on the methodology and approach
• Proactively communicate solutions to address control gaps or how our processes can be enhanced
• Design and work with other teams to implement and maintain management information (MI) that enables the Board and leadership team to make informed decisions and contribute to the Compliance framework around financial risk and compliance.
• Own and maintain a healthy compliance culture throughout the organisation through training and awareness programmes
• Assist the commercial function with procurement linked to compliance and regulation
• Act as the business advisory in customer specific terms and conditions
• Own new challenges that arise in any area of the financial compliance programme

• Coming from a background in either: financial regulation, compliance or legal you will be familiar with regulatory expectations of the FCA and Fraud and Risk Management
• You have worked in a Financial Regulation Advisory, Risk or Governance role.
• Diligent, methodical, and always looking for the best ways of working to increase efficiency.
• You translate the benefits of financial compliance into intuitive propositions that demonstrate customer value.
• You can break complex problems into smaller logical ones and prioritise them with data.
• You…