Head of Risk and Compliance

4 Months ago • All levels • Risk Management

Job Summary

Job Description

Zeta is seeking a Head of Risk and Compliance to oversee all risk management and compliance functions for clients operating in the UK market, focusing on consumer lending and payments. The role involves developing compliant business processes and policies, managing risks (credit, operational, financial, reputational), and ensuring compliance with FCA regulations like CONC and Payment Services Regulation. Key responsibilities include designing and maintaining a comprehensive compliance program, acting as the primary contact with regulatory bodies, overseeing Anti-Money Laundering (AML) activities, and championing consumer duty. The Head of Risk and Compliance will also advise on risk and compliance matters, present updates to the board, and build and lead the risk and compliance team. This role is crucial for shaping the company's risk and compliance framework and ensuring robust governance.
Must have:
  • Extensive experience in risk and compliance management in FCA-regulated consumer lending.
  • Detailed knowledge of FCA regulations (CONC, SYSC, AML).
  • Detailed knowledge of Payment Services Regulation.
  • Strong communication and interpersonal skills.
  • Ability to create compliant and implementable solutions.
Good to have:
  • Experience holding SMF16 and SMF17 roles or equivalent.

Job Details

About Zeta
Zeta is a Next-Gen Banking Tech company that empowers banks and fintechs to launch banking products for the future. It was founded by Bhavin Turakhia and Ramki Gaddipati in 2015.Our flagship processing platform - Zeta Tachyon - is the industry’s first modern, cloud-native, and fully API-enabled stack that brings together issuance, processing, lending, core banking, fraud & risk, and many more capabilities as a single-vendor stack. 15M+ cards have been issued on our platform globally.Zeta is actively working with the largest Banks and Fintechs in multiple global markets transforming customer experience for multi-million card portfolios. Zeta has over 1700+employees - with over 70%roles in R&D - across locations in the US,EMEA, and Asia. We raised$280 million at a$1.5 billion valuation from Softbank, Mastercard, and other investors in 2021.


About the Role
We are looking for a Head of Risk and Compliance, responsible for overseeing all risk management and compliance functions to assist clients adhere to regulatory requirements and best practices required to operate within the UK market. The focus of the role is on the consumer lending and payments markets, with the role holder having a strong knowledge of CONC and Payment services regulation.
Reporting directly to the UK CEO, the role will play a pivotal role in shaping the company's risk and compliance framework, maintaining its reputation and ensuring robust governance.

Responsibilities

1. Develop compliant business processes and polices as part of business launch plans
  • As clients and the business develops processes, customer journeys and financial promotions as part of the go to market plans, you will work with key business stakeholders to ensure journeys and customer outcomes are robust and compliant with the relevant regulation as authorised consumer lenders and authorised payment institutions.

2. Risk Management
  • Develop, implement, and maintain the company’s risk management frameworks in line with FCA regulations and business objectives.
  • Identify, assess, and mitigate key risks, including credit, operational, financial, and reputational risks.
  • Provide regular risk reporting to the board and ensure a robust risk culture throughout the organization.

3. Compliance Oversight
  • Design and maintain a comprehensive compliance program to meet FCA regulatory standards.
  • Ensure regulatory returns are completed accurately and in a timely manner
  • Monitor regulatory changes, assess their impact on the business, and ensure timely communication and implementation of required actions.
  • Act as the primary point of contact with the FCA and other regulatory bodies.
  • Conduct compliance reviews, ensuring timely remediation of findings.
  • Ensure that any financial promotions are approved in accordance with FCA rules.
  • Act as Company Secretary for board, ensuring corporate governance processes are followed.

4. Anti-Money Laundering (AML)
  • Serve as the MLRO where required, ensuring effective AML and counter-terrorism financing policies and procedures.
  • Oversee transaction monitoring, reporting of suspicious activities, and ensure compliance with all AML requirements.
 
5. Consumer Duty
  • Act as the nominated board owner for consumer duty in the origination (delivery supported by fellow Executive committee members)

6. Governance and Reporting
  • Act as advisor on all risk and compliance matters.
  • Present risk and compliance updates to the board and external stakeholders as required.
  • Ensure the integration of risk and compliance considerations into strategic decision-making.

7. Leadership and Collaboration
  • Build and Lead the risk and compliance team to ensure high performance and alignment with business objectives.
  • Foster a collaborative and integrated approach to risk and compliance management within the business.


Skills and Attributes required
  • Extensive experience in risk and compliance management within an FCA-regulated consumer lending firm and authorised payment institution.
  • A detailed knowledge of FCA regulations, including CONC (Consumer Credit Sourcebook), SYSC (Senior Management Arrangements, Systems, and Controls) and AML regulations.
  • A detailed knowledge of Payment Services Regulation and requirements of regulated payment providers.
  • Strong communication and interpersonal skills and an ability to work with the business to create compliant and implementable solutions.


Experience and Qualifications
  • Experience holding SMF16 and SMF17 roles or equivalent.


Equal Opportunity
  • Zeta is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We encourage applicants from all backgrounds, cultures, and communities to apply and believe that a diverse workforce is key to our success


Similar Jobs

Ion - Software Developer/Engineer - Graduate Development Program

Ion

Milan, Lombardy, Italy (On-Site)
8 Months ago
WaveApps - Sr. Software Engineer, Observability

WaveApps

Toronto, Ontario, Canada (Hybrid)
2 Months ago
ness digital  - SAC Analytics and Planning

ness digital

Bengaluru, Karnataka, India (Hybrid)
3 Months ago
LLNL - Applied Statistics (ASG) Group Leader

LLNL

Livermore, California, United States (On-Site)
1 Week ago
Contentstack - Principal Data Scientist

Contentstack

Chennai, Tamil Nadu, India (Hybrid)
2 Weeks ago
Fliff - Head of Risk & Trading

Fliff

Philadelphia, Pennsylvania, United States (On-Site)
5 Months ago
PwC - Senior Associate - Risk Assurance - IT Governance

PwC

Jakarta, Jakarta, Indonesia (On-Site)
8 Months ago
Casumo - Risk, Fraud & Payments Analyst

Casumo

Skopje, Greater Skopje, North Macedonia (Hybrid)
2 Weeks ago
GoMotive - Risk Analyst I

GoMotive

Pakistan (Remote)
1 Week ago
London stock Exchange - Customer Learning Manager, Risk Intelligence

London stock Exchange

Heredia, Costa Rica (Hybrid)
1 Week ago

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

IGT - Software Engineer / Java Developer

IGT

Providence, Rhode Island, United States (On-Site)
1 Month ago
kaizen gaming  - Lead AI Product Analyst

kaizen gaming

Thessaloniki, Greece (On-Site)
5 Days ago
Nice - Specialist Software Engineer (Angular)

Nice

Pune, Maharashtra, India (Hybrid)
1 Week ago
PwC - IN-Senior Manager_CPG/FMGC_Data &Analytics_Advisory_Mumbai

PwC

Mumbai, Maharashtra, India (On-Site)
8 Months ago
Blenheim Chalcot India - Senior Data Engineer

Blenheim Chalcot India

Mumbai, Maharashtra, India (On-Site)
1 Month ago
CAE - Software Engineer

CAE

Binghamton, New York, United States (On-Site)
1 Week ago
PlayStation Global - Engineering Manager, Data Platforms

PlayStation Global

Carlsbad, California, United States (On-Site)
2 Months ago
Fox Factory - Human Resources Generalist

Fox Factory

Gainesville, Georgia, United States (On-Site)
3 Weeks ago
EXUSIA - Business Data Analyst – Capital Market

EXUSIA

India (Remote)
2 Weeks ago
The Walt Disney Company - Creative Manager, IM SEA

The Walt Disney Company

Singapore, Singapore (On-Site)
7 Months ago

Get notifed when new similar jobs are uploaded

Jobs in United Kingdom

Forescout Technologies  Inc  - Sr. Manager, Professional Services

Forescout Technologies Inc

London, England, United Kingdom (On-Site)
3 Months ago
Lockwood - Marketing Artist

Lockwood

Nottingham, England, United Kingdom (On-Site)
1 Month ago
The Walt Disney Company - Technical Assistant

The Walt Disney Company

London, England, United Kingdom (Hybrid)
4 Months ago
Rolls-Royce - Production Planner - Submarines

Rolls-Royce

Derby, England, United Kingdom (Hybrid)
2 Weeks ago
ClearPoint Recruitment - Video Editor

ClearPoint Recruitment

Northampton, England, United Kingdom (On-Site)
5 Years ago
Valeo - Lead Implementation Associate

Valeo

Edinburgh, Scotland, United Kingdom (On-Site)
2 Weeks ago
Alpha Sense - Enterprise Account Executive

Alpha Sense

London, England, United Kingdom (On-Site)
4 Weeks ago
Cloud Imperium Games - Gameplay Capture Artist

Cloud Imperium Games

Manchester, England, United Kingdom (On-Site)
3 Weeks ago
Thales - Systems Engineer with EW experience

Thales

Crawley, England, United Kingdom (On-Site)
1 Month ago
Universally Speaking - Korean Games Tester

Universally Speaking

England, United Kingdom (On-Site)
3 Months ago

Get notifed when new similar jobs are uploaded

Risk Management Jobs

OKX - Team Lead, Fraud Risk Operations (Remote)

OKX

Budapest, Hungary (Remote)
8 Months ago
PwC - Senior Associate, IDD, Third-party risk, Advisory

PwC

Gurugram, Haryana, India (On-Site)
1 Week ago
Ion - Senior Risk Analyst, Italy

Ion

Collecchio, Emilia-Romagna, Italy (On-Site)
8 Months ago
Tide - Internal Fraud Risk Manager

Tide

Delhi, India (On-Site)
1 Month ago
PwC - Consultant Manager / Senior Manager Risk Management | CDI | H/F

PwC

Neuilly-sur-Seine, Île-de-France, France (On-Site)
8 Months ago
FalconX - Senior Risk Management Associate, Derivatives

FalconX

New York, New York, United States (On-Site)
1 Month ago
PayPal - Risk & Compliance Oversight Analyst

PayPal

Dublin, County Dublin, Ireland (Hybrid)
2 Weeks ago
PwC - Senior Manager - Cyber Risk Advisory

PwC

Saint Helier, St Helier, Jersey (On-Site)
3 Weeks ago
PwC - Risk Analyst with French

PwC

Bratislava, Bratislava Region, Slovakia (On-Site)
2 Weeks ago
bytedance - Risk Control Business Partner - Dubai

bytedance

Dubai, Dubai, United Arab Emirates (On-Site)
2 Months ago

Get notifed when new similar jobs are uploaded

About The Company

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Hyderabad, Telangana, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Hyderabad, Telangana, India (On-Site)

View All Jobs

Get notified when new jobs are added by zeta

Level Up Your Career in Game Development!

Transform Your Passion into Profession with Our Comprehensive Courses for Aspiring Game Developers.

Job Common Plug