Head of Compliance

  • TransferTo
  • London, United Kingdom
  • Mar 25, 2022
Full time Compliance

Job Description

About us

TransferTo operates a Cross-Border Mobile Payments Network for emerging markets, processing airtime top-up, money transfers, push and merchant payments in real-time for duly licensed financial institutions, organisations and merchants. Leading companies around the world rely on TransferTo’s Mobile Payments solutions for digital payments. For more information, please visit http://www.transfer-to.com


TransferTo is currently seeking a driven Compliance professional based in London with experience supporting a global company.  A career with TransferTo provides invaluable experience in an exciting and rapidly expanding market and an opportunity to be part of a truly global company with 7 offices worldwide and a work force that includes over 50 different nationalities.

This Compliance role will be an active contributor in delivering the Compliance strategy and agenda. This role will be both strategic and operationally focused. Working closely with the senior executive team providing guidance. You will need to build strong relationships with the business, must be commercially strong and delivery focused. The position ensure the company is in compliance with the regulations.

You will be part of the Legal & Compliance Function, there is a total of three Compliance professionals within this team and your role will be regionally focused to help support a customer base of 100+ employees located worldwide.

Key Responsibilities

  • Continue to build on the strategic compliance framework build and currently being executed. As the business grows the requirements to build on the strategic framework will be the responsibility of this role,
  • Manage day to day operation of the compliance program. Execution of the compliance company strategies by contributing information, analysis, and recommendations and translate these into deliverable. Working in collaboration with the business to achieve these goals,
  • Monitors and as necessary, co-ordinates compliance activities across the business  and identifies any potential areas of compliance vulnerability and risk; develops / implements plans for resolution or problem solving,
  • Maintain Compliance Awareness at every level of the organization, especially at Executive level seen importance of Tone-at-the-top. Further to this through ongoing training and communications across the business,
  • Has a in detail level of working knowledge of the rules and regulations in the countries we operate in,
  • Build and maintain regulatory relations with relevant regulators in countries we are entering into; also with authorities, banks, working alongside the C-level management team in managing these relationships,
  • Maintain and execute global Compliance programs on Anti-Bribery & Corruption, Anti-Money Laundering & Counter Terrorist Financing, especially Partner Due Diligence and Oversight, and Data Protection working alongside the team is successful delivery of this agenda,
  • Manage and work with the internal Technical team closely to ensure processes meet with regulatory standards,
  • Manage and lead the Compliance Due Diligence program on international regulated partners and B2B customers,
  • Maintain a detailed working knowledge of the rules and practices enforced by the FCA and other relevant regulatory agencies,
  • Conducting due diligence and risk assessment of our accounts and partners,
  • Develop and enhance the Enterprise Risk Management framework for credit, market, operational, compliance, strategic and reputation risks and implement risk-return measurement and analysis methodologies.

Desired Skills and Experience

  • Professional compliance degree or equivalent; Masters desired,
  • 10 years’ experience in a compliance, audit or operational risk role,
  • Professional experience with a payment institution or (mobile) money transfer/remittance business,
  • Has in-depth awareness and understanding of compliance requirements by UK FCA for payment institutions/remittance business and knowledgeable on payment services related legislation,
  • Strong experience interacting with regulators and senior management,
  • Proven track record delivering results,
  • Excellent interpersonal and communication skills,
  • Strong collaborative working style,
  • Strong relationship building skills,
  • Team Management, and
  • Excellent organisation skills, ability to work under pressure and manage priorities.