About the job
This is an exceptional opportunity to take the reins and craft the comprehensive compliance and regulatory strategy for a cutting-edge suite of credit products. As the Compliance Lead Officer for our embedded finance and invoice finance offerings, you will be the architect of the compliance framework guiding this business line. You will leverage our established policies to devise tailored, effective strategies for KYC, AML, transaction monitoring, and regulatory engagement that cater to the distinct needs of our innovative products and clientele.
Reporting directly to the Head of Risk, you will serve as the key subject matter expert, ensuring our groundbreaking products scale securely and are fully compliant with regulatory expectations and the organization’s risk appetite.
Key Responsibilities
- Design, implement, and oversee the comprehensive Compliance & Financial Crime Framework specifically for our digital lending product suite.
- Develop and execute sophisticated, risk-based methodologies for customer due diligence (CDD/KYC), sanctions screening, and transaction monitoring.
- Act as the primary compliance authority for the product team, offering expert guidance on regulatory requirements and risk mitigation strategies for new product features and market expansions.
- Manage the everyday compliance operations within the product division, ensuring all activities align with standards set by regulators and the broader banking group.
- Conduct regular product-specific compliance risk assessments and lead strategic initiatives to address any identified gaps.
- Oversee the compliance monitoring program for the product suite, ensuring all documentation is audit-ready.
- Serve as the vital link between the innovative product team and the bank's central compliance function, ensuring alignment and managing any regulatory discrepancies.
- Promote a culture of compliance awareness within the product division through training and proactive engagement.
- Act as a key contact for regulatory bodies regarding matters related to the specific product suite.

