Compliance Monitoring & Assurance Analyst

Other Jobs To Apply

No other job posts for this day.

Who we are:

TrueLayer is Europe's fastest-growing Pay by Bank network. We power smarter, safer and faster payments by combining real-time bank payments with financial and identity data. E-commerce, iGaming and Financial Services businesses use our products to onboard new users, accept money and make payouts in seconds, and at scale. Live across 22 countries and with 1 new user joining TrueLayer's Pay by Bank network every 3 seconds, we're in a very exciting growth stage. This is why we're expanding the team across our offices in London, Milan, and Dublin.

Listed in Sifted as one of the 100 fastest growing start-ups in UK & Ireland, and CNBC's World Top Fintech Companies, we're trusted by industry leaders like RyanAir and Just Eat Takeaway for continued innovation within our payment products. To date, we've raised over $300 million from world-renowned investors including Stripe, Tiger Global, Northzone, and Tencent. But this is just the beginning.

We're looking for people who are excited about joining the Pay by Bank revolution and helping us change the way the world pays. Could this be you?

Description

As our Compliance Monitoring & Controls Testing Analyst, you will be responsible for running assurance and controls testing programmes to ensure compliance with TrueLayer policies. You will be working across a range of regulatory requirements and advising the business teams on how best implement the relevant rules and assessing TrueLayer's exposure to various risks.

This is an exciting opportunity for a skilled 2nd line professional to create appropriate and efficient risk-based approaches in implementing relevant regulatory requirements.

As our Compliance Analyst you will:

  • Co-own the maintenance and operation of TrueLayer's compliance assurance programme. Tasks include: performing testing, sample reviews, and process walkthroughs in accordance with the company's annual Compliance Testing Plan.
  • Develop and maintain a robust, risk-based Internal Controls Testing Programme to provide assurance over the firm's compliance with relevant regulatory requirements, internal policies, and procedures.
  • Participate in Group wide risk management projects including risk identification, identifying control weakness, compliance gaps and emerging operational risks (e.g. AML, consumer protection, privacy)
  • Based on the outcomes of assurance and controls testing activities, assist in updating policy documentation and developing training workshops and/ or control optimisation opportunities
  • Support on regulatory change projects so that relevant stakeholders are consulted and advised in relation to changes or regulatory requirements and provide assurance to senior managers that the business is operating within risk appetite.
  • Support on regulatory reporting ensuring that relevant business owners input into the returns in an accurate and timely manner
  • Support on risk reporting to Leadership and the Risk and Compliance Committee (or regulators as needed)
  • Interpret regulations, taking into account the strategic direction of the business, and advise on their implementation to stakeholders such that the business can operate within risk appetite
  • Remain up to date with the laws, regulation, guidance and industry best practice
  • Collaborate with the Legal, Financial Crime and Policy teams to share knowledge and as a function enable growth and manage risk in a hyper-growth environment.

About you:

  • Proven experience within 2nd line compliance monitoring and testing (or assurance and audit) teams, preferably in financial services
  • Proven capacity to apply critical thinking and analytical rigor to complex risk scenarios, control effectiveness and regulatory ambiguity
  • Working knowledge and proven practical experience in the end-to-end control risk and control lifecycles including assessing control design and operating effectiveness
  • Working knowledge of PSD2/ PSRs requirements in the UK and EU
  • Excellent written and verbal communication skills for stakeholder collaboration and outcome reporting
  • Experience working within emerging risk areas of financial services such as money remittance, credit and open banking is desirable
  • Proven history of coordinating relationships with operational, commercial and product teams.
  • Proficiency in MS/ Google software and process analysis tools
  • Proven experience in managing tasks, documentation and driving projects independently to completion.

Don't meet all the requirements?

Multiple studies have shown that women and people of underrepresented groups are sometimes less likely to apply to jobs unless they meet every single requirement. At Truelayer, we are committed to building a diverse workforce, so if you are excited about this role and have the essential skills, but not the entire checklist - we'd still love to hear from you!

Benefits

What you can expect from us:

Meaningful equity in the company
  • Flexible hours and hybrid working. Split your time 50/50 between working from home and our welcoming offices in London and Milan , spending 2-3 days per week in the office.
    • Need to collect the kids from childcare? Love a workout in the gym first thing? No worries, we trust you to do your best work within our hybrid framework A one-off remote-working budget to help you set up your home office 24 days holiday as standard ✈️ with flexible bank holidays, so you can take those days whenever you like 12 fully-paid wellbeing days a year and your birthday off (on top of the holiday allowance)
  • ️
  • 2 volunteering days to support causes important to you
    • 90 day 'work from abroad' policy ‍
  • ️
    • Generous parental leave, above and beyond statutory requirements Competitive pension contribution at 4% & 4% Private health insurance from the day you start
  • ‍️
    • Membership of mental wellbeing platform Spill
  • ‍️
    • A £1000 budget to spend on learning & development each year Free lunch from Just Eat
  • 3 days a week when you are in the office

At TrueLayer, we don't just do inclusion and diversity. We embrace people that have different opinions, perspectives and personalities. Because we believe that by seeing the world from all sorts of angles, we can make life better for all the people who live in it. We strongly encourage applications from underrepresented groups (e.g. people of colour, the LGBTQ+ community, people with disabilities, neurodivergent people, parents, carers, and people from all socio-economic backgrounds). If you'd like to discuss alternative working patterns, please let us know.

We will always aim to make appropriate adjustments to ensure we are fully inclusive to people with different needs during our interview process. So if you need us to make any adjustments to suit your individual needs please let us know - we'll be happy to support you.
Back to blog

Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...