Compliance, Lead

This pivotal role requires the candidate to be instrumental in the development, execution, and sustainment of the company-wide compliance culture. The role serves as a critical liaison between Shift4 Payments UK Limited and key regulatory bodies (e.g., FCA, HMRC), focusing on the seamless integration of all regulatory requirements across the entire business ecosystem. The successful candidate will be responsible for providing expert guidance and working closely with internal teams to manage complex compliance activities, ensuring the firm and operations and strategic objectives are achieved within a robust, compliant framework.

Responsibilities:

As a Compliance Lead, you will be responsible for enhancing and maintaining the robust compliance framework for Shift4 Payments UK Limited. Your duties will include, but not be limited to:

Regulatory & Policy Management

• Monitor the regulatory landscape to identify new legal developments and assess their specific impact on Shift4 Payments UK Limited and its operations.
• Develop, draft, and formally endorse internal compliance policies and procedures.
• Prepare high-quality reports and presentations on essential compliance matters for senior leadership and the Board.
• Support the creation and execution of the Compliance Monitoring Program.

Operational Compliance

• Lead and coordinate compliance regulatory projects, including conducting thorough gap analyses.
• Manage various stakeholders and responsible persons to agree upon deadlines, ensuring timely follow-up and reporting on project progress.
• Participate in Compliance Testing activities, identifying potential risks, proposing effective mitigating measures, and drafting formal compliance reports.
• Conduct due diligence reviews on vendors utilising our designated third-party management system.
• Ensure timely and effective resolution of compliance issues and formal requests from regulatory bodies and relevant agencies.
• Support the MLRO and Compliance Director with mandatory regulatory reporting obligations and information requests.

Financial Crime & Governance

• Uphold the company’s adherence to rules and regulations across compliance, governance, conduct, internal control, Anti-Money Laundering (AML), and Anti-Terrorist Financing (ATF).
• Assist in the annual review the AML Business Risk Assessment by evaluating inherent/residual AML risks, analyzing new products, and assessing the effectiveness of existing controls.
• Document analysis of new regulatory requirements and controls to be implemented to enhance overall compliance and AML capabilities. 
• Assisting the MLRO and Compliance Director with mandatory reporting obligations.

Requirements: 

• Proven knowledge of the UK financial services sector and the regulatory framework (specifically the FCA).
• A minimum of three years’ experience in compliance, risk management, or a related field.
• Demonstrable knowledge of regulatory and conduct risk
• Experience in compliance monitoring, policy development, and regulatory submissions.
• Specific experience in interpreting and applying the Payment Services Regulations (PSR), including the oversight of payment services.

Key Skills: 

• Excellent proven track record of effectively creating, developing, and implementing policies and procedures.
• Exceptional problem-solving skills and the ability to provide pragmatic, efficient, and useful counsel.
• Excellent communication and negotiation skills to engage effectively with internal teams and external regulators.