Head of Compliance

Head Of Compliance

Remote : Colombia

People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 80+ million customers get more from their money every day.

As we continue our lightning-fast growth, 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work™. So far, we have 13,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.

Our Compliance team blends regulatory expertise with data-driven thinking to make sure our products meet legal and policy requirements and deliver real value to customers. In a fast-moving, digital environment, they stay one step ahead by finding smart, scalable ways to manage conduct risk.

We're looking for an innovative and driven Head of Compliance to join the second line of defence.

You'll be providing oversight over regulatory compliance matters, including those related to financial crime (AML, CTF, sanctions, and fraud), to maintain our desired global standards of control effectiveness and ensure alignment with regulatory requirements.

Up to shape what's next in finance? Let's get in touch.

What you'll be doing:

• Providing effective oversight of 1LoD FinCrime, and collaborating closely with 2LoD regional and local MLRO teams on financial crime matters
• Maintaining and updating regulatory compliance policies, and supporting the MLRO team in maintaining financial crime policies
• Advising on the identification, remediation, and resolution of regulatory and financial crime-related risk incidents
• Assisting the 1LoD with the launch of products, procedures, processes, and systems, focusing on regulatory compliance and control effectiveness
• Establishing, maintaining, and reviewing dashboards regularly to identify areas that might fall outside risk appetite and require further investigation
• Collaborating with global Regulatory Compliance Managers to ensure local risk management frameworks and processes are aligned with global ones and deliver the intended outcome
• Identifying regulatory issues proactively and recommending remedies to promote compliance
• Preparing responses to ad hoc regulatory requests, ensuring the highest reporting standards are maintained

What you'll need:

• Fluency in English and Spanish
• 10+ years of regulatory compliance, financial crime, or legal services experience in financial services
• Expertise in regulatory compliance across retail and business topics, with a solid understanding of financial crime concepts, such as AML/CTF, sanctions, KYC, and transaction monitoring
• Experience in compliance risk management within a consultancy, compliance function, or regulator
• Knowledge of financial services regulations
• An understanding of global regulatory compliance and anti-financial crime frameworks, regulatory recommendations, risk management best practices, and control arrangements
• Experience identifying regulatory risks and potential vulnerabilities, with the ability to advise efficient remediation, including collaboration on financial crime findings
• The ability to analyse data and compliance processes to draw conclusions and make recommendations

Building a global financial super app isn't enough. Our Revoluters are a priority, and that's why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We're doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That's why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team. Important notice for candidates: Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles. • Only apply through official Revolut channels. We don't use any third-party services or platforms for our recruitment. • Always double-check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain. We won't ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it's a scam. Report it immediately. By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Revolut. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Revolut may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Revolut's Candidate Privacy Notice