About the Company
An international FinTech company operating in the electronic money and payments industry, with a focus on the UK regulatory environment.
The company is looking for a Regulatory Compliance Specialist to support regulatory compliance activities, develop internal policies and procedures, and ensure business processes align with applicable UK regulatory requirements.
About the Role
We are looking for a Regulatory Compliance Specialist with practical experience in the UK financial services regulatory environment, preferably within an Electronic Money Institution (EMI).
The main focus of the role is drafting and maintaining regulatory policies, supporting compliance with UK requirements, and conducting due diligence and onboarding checks on counterparties.
• Draft, review, and update internal regulatory compliance policies and procedures in line with applicable UK requirements.
• Support the implementation of regulatory requirements within the company’s operational processes.
• Monitor relevant UK regulatory developments and identify necessary updates to internal documentation and procedures.
• Conduct due diligence and onboarding checks on counterparties and business partners.
• Review corporate documentation, ownership structures, UBO information, and business activities.
• Assess counterparty risks and identify potential compliance concerns during onboarding.
• Review payment flows, business models, and operational structures from a regulatory compliance perspective.
• Identify regulatory gaps and recommend practical improvements to existing processes.
• Work closely with Legal, Compliance, Operations, and other internal teams on regulatory matters.
• Support the preparation and maintenance of compliance documentation for internal and external reviews.
• Previous experience in Regulatory Compliance within UK financial services, preferably in an EMI or payments environment.
• Good understanding of the UK regulatory framework applicable to Electronic Money Institutions.
• Practical experience drafting and updating regulatory policies and internal procedures.
• Understanding of payment services, payment flows, and EMI operational structures.
• Experience conducting counterparty due diligence, KYC/KYB, and onboarding checks.
• Ability to review corporate documentation, ownership structures, and business models.
• Understanding of AML/CTF requirements and regulatory risk assessment.
• Strong analytical skills and attention to detail.
• Ability to interpret regulatory requirements and translate them into practical business processes.
• Ability to work independently and communicate effectively with internal stakeholders.
• Knowledge of the Latvian financial services regulatory framework, particularly regulations applicable to EMI and payment institutions, will be an advantage.
• Russian language proficiency will be an advantage.
• Opportunity to work on UK EMI regulatory compliance matters.
• High level of involvement in developing and improving internal compliance policies and procedures.
• Compensation and working arrangements discussed individually.