Regulatory Compliance Specialist (FinTech, EMI)

As a Regulatory Compliance Specialist at PayDo, your key responsibilities include maintaining regulatory reporting schedules, ensuring timely submissions to the FCA and other authorities, and overseeing compliance with FCA regulations pertinent to Electronic Money Institutions (EMIs). You will be integral in risk and AML compliance development, consumer protection, and data compliance, ensuring that PayDo adheres to GDPR and other relevant legislation.

To be effective as a Regulatory Compliance Specialist at PayDo, you would need a minimum of three years of direct experience within an EMI environment. A solid understanding of the UK financial regulatory landscape, particularly the FCA and AML regulations, is essential. Additionally, familiarity with the FCA Handbook and expertise in consumer duty requirements are crucial for success in this role.

PayDo is committed to the growth of its Regulatory Compliance Specialists by offering monthly investments in language learning and annual allocations for advancing your professional expertise. This unique approach allows you to enhance your skills continuously and progress within the company, with opportunities to reach lead and head roles as your performance permits.

At PayDo, the work culture is flexible and people-centric, allowing Regulatory Compliance Specialists to thrive. With comprehensive paid vacation and sick leave policies, you are supported both professionally and personally. Collaboration is heavily promoted, ensuring that everyone's ideas and contributions are valued as part of a dynamic team aiming for excellence in the FinTech space.

Growth opportunities for a Regulatory Compliance Specialist at PayDo are abundant! The company believes in transparent career progression, where exceptional performance can lead you to lead roles within a year, head roles within two years, and even C-level positions in four years. Regular performance reviews anchored in KPIs ensure merit-based recognition and advancement.

When answering this question, provide details of your experience applying FCA regulations in previous roles, particularly in an EMI environment. Discuss specific instances where you navigated regulatory requirements and your contributions to compliance strategies.

To tackle this question, describe your methods for maintaining an organized reporting schedule, mentioning tools or techniques you use to track deadlines. Highlight your attention to detail and experience in submitting reports that meet regulatory standards.

In your response, share your understanding of AML regulations and outline strategies you implemented in previous positions. Highlight any frameworks or risk assessments you developed, and demonstrate your proactive approach to compliance.

Use this opportunity to share a specific example from your past. Detail the context of your interaction, what you communicated, and the outcome. Emphasize your ability to represent your organization effectively and work collaboratively with external parties.

Discuss your approach to embedding compliance into business processes. Offer insights on how you would work with various teams to ensure that compliance is not only understood but integrated into daily operations, using real-life examples of your past experiences.

Provide your perspective on current compliance challenges in the EMI sector, such as evolving regulations or the complexities of international compliance. Discuss potential solutions or best practices that could help mitigate these issues.

Share your strategies for staying informed about regulatory developments. Mention resources you trust, such as industry publications, webinars, and conferences, and explain how you apply this knowledge in your compliance efforts.

Be prepared to discuss a compliance framework you've created, detailing the process from inception to implementation. Highlight the goals, the key components of the framework, and the results achieved after implementation.

Explain your understanding of consumer protection regulations and how they influence compliance strategies. Share examples of initiatives or assessments you've led focused on ensuring positive customer outcomes.

Discuss any software tools you've utilized to streamline compliance efforts, explaining how they improve accuracy and efficiency. Mention your adaptability to new technologies and any specific tools you have expertise in.