Grey is building inclusive global banking for individuals and businesses across emerging markets. We help customers own US, UK, and EU bank accounts (irrespective of wherever they are in the world), to enable them to send, receive, save, and spend foreign currency easily.

With over 1 Million customers acquired, we believe we're building one of the fastest-growing fintechs in emerging markets. Our product is live to customers in 80+ countries (across 4 continents) and we're processing millions of dollars everyday. We’ve raised over $2M from YCombinator, SomaCap, TRUE Capital, Ingressive Capital, and other high-profile investors.

We're an agile startup focused on building an amazing & reliable product, shipping and iterating quickly, and deepening our product market fit. We’re looking for high-agency people to help us achieve our vision - to make globalization work for everyone. We're a fully remote company with staff in the US, UK, Canada, Portugal, Brazil, India, Ghana, Tanzania, Nigeria, and Rwanda.

The Senior Compliance Officer will be responsible for ensuring that the company adheres to all applicable laws and regulations in the UK This role involves overseeing the development, implementation, and continuous improvement of compliance policies and controls while maintaining direct communication with regulatory authorities, such as the Financial Conduct Authority (FCA). The incumbent will also lead efforts in developing a strong compliance culture across the organisation, ensuring the business operates legally and ethically at all times. The role will involve collaboration and communication with the MLRO as a second line of defence and other stakeholders.

Key Responsibilities:

• Ensure the company adheres to all applicable laws, regulations, and guidelines, including those set forth by the FCA and other relevant authorities.
• Provide the Board of Directors, CEO, and employees with regular updates on regulatory changes and ensure the company's operations remain compliant.
• Identify, assess, and mitigate compliance risks, working closely with management to ensure effective risk management strategies.
• Develop and deliver compliance-related training programs to employees, fostering a culture of integrity and ethical behaviour.
• Develop, implement, and regularly review the company's compliance monitoring plans to ensure ongoing adherence to legal and regulatory standards.
• Act as the company’s representative when liaising with relevant regulatory bodies, including the FCA, and address any compliance issues raised by them.
• Continuously evaluate the effectiveness of existing compliance controls and implement improvements where necessary.
• Prepare and submit regulatory reports accurately and on time.
• Ensure new products or services are designed and implemented in compliance with regulatory standards and Consumer Duty

Qualifications:

• A minimum of 5 years of experience in compliance, legal, or regulatory roles, preferably in the banking/remittance/payment processing/e-money sector.
• Strong knowledge of UK financial regulations, especially FCA requirements.
• Experience with regulatory reporting, risk management, and liaising with regulatory authorities.
• Strong leadership, communication, and training skills, with the ability to influence and educate employees at all levels.
• Fitness and probity for the purposes of carrying out regulated activities.
• University degree.

Advantages:

• Proven track record in building and implementing compliance programs and controls.
• Legal or compliance certification (such as ICA, CISI, or ACAMS) is a plus.

Note: This position does not offer visa sponsorship.

Benefits:

🔆 Flexible working hours

🔝 Remote friendly

🩺 Health Insurance

👨🏾‍🏫 Training Budget

😎 Team building events

🚀 Yearly offsite