Head of Regulatory Compliance

FundApps

Location: Greater London

Job Type: Full time

Posted


FundApps is a SaaS scaleup that helps investment managers monitor and comply with worldwide regulations. We were one of the world's first "RegTechs" and we're shaking up an entire industry. Our clients love what we do (Net Promoter Scores of over 50) and this has lead to phenomenal and consistent revenue growth. Scottish Equity Partners completed a significant growth equity investment in May 2021 and became minority investors in FundApps.

Our first area of focus was to help managers with Shareholding Disclosure, a complex regulatory problem without a decent solution in the market. We were first to licence legal information from aosphere, an affiliate of Allen & Overy, which underpins some of our rule packages. Since that time, our product has become the undisputed market leader for the management of Shareholding Disclosure. We have also added new ground-breaking services - Sensitive Industries and Position Limits - and in 2020, have introduced Rapportr to make reporting simple for our clients.

In 2018, we became a Certified B Corporation and in 2019 were recognised as a B Corp 'Best for the World' Honoree - highlighting our commitment to doing good by our people, the environment and the community. We've also won multiple accolades from organisations such as Wired, The Financial Technologist, World Economic Forum and Deloitte. In total we monitor over $14 trillion in assets under management every single day - this represents ca. 15% of global assets - ranging from hedge funds to some of the world’s largest asset managers, and we're just getting started!

We're a growing team of smart, friendly people with over 30 nationalities at last count. We have offices in London, New York and Singapore and remote employees spread across the globe. Keep scrolling to learn more!

The role

Do you have a passion for finance, law, and technology, and the drive to continuously raise the bar and deliver exceptional results? Are you a skilled manager with a strategic mindset and the ability to identify new opportunities for regulatory solutions? If so, we have the perfect opportunity for you as Head of Regulatory Compliance at FundApps!

In this role, you'll be responsible for leading a team that reviews and analyses financial regulations and translates them into software solutions across our global client base, providing expert guidance on compliance regulations in 100+ jurisdictions. You'll work directly with Allen & Overy, FIATech and other market partners, and the engineering team to enhance the functionality and scope of our rules engine.

As Head of Regulatory Compliance reporting to the Chief Product Officer, you'll be responsible for managing the team, setting goals and objectives, and providing ongoing training and development opportunities. You'll also be expected to have a strategic outlook, with the ability to identify new regulatory developments and opportunities to commercialise new regulatory products. This is a hands-on role that requires initiative and a willingness to "roll up your sleeves" and potentially code rules directly into our system, as well as drive strategic initiatives and long-term planning.

What you'll be working on

  • Leading the regulatory team at FundApps, responsible for the creation, maintenance, and distribution of regulation to clients
  • Ensuring that all regulation produced by the team is accurate, up-to-date, and compliant with relevant laws and regulations
  • Collaborating with internal stakeholders, including client services, engineering, product, and sales teams, to identify and prioritise new regulatory requirements
  • Developing and implementing processes for the creation, review, and approval of regulation
  • Providing guidance and support to the regulatory team to ensure that we are meeting the needs of our clients
  • Managing the regulatory team, including setting goals and objectives, managing team performance, and providing ongoing training and development opportunities
  • Supporting the sales and marketing efforts of the company, including participating in sales and client meetings, creating marketing materials and collateral, and engaging with industry events and conferences
  • Developing and maintaining relationships with relevant regulatory bodies and industry groups to stay up-to-date on regulatory developments and best practices
  • What you'll bring to the team

  • Extensive experience in financial compliance or working in a related domain e.g. Regtech and a broad understanding of regulatory responsibilities
  • Experience managing a team, including setting goals, managing performance, and providing ongoing development and support
  • Strong communication and interpersonal skills, with the ability to work collaboratively with internal stakeholders and external partners
  • A strategic outlook with commercial awareness, able to identify and assess the impact of regulatory changes on both our and client’s business
  • Technical understanding that allows you to help translate legal information into code-based rules
  • Experience in horizon scanning to identify new regulatory developments or opportunities for new products
  • Familiarity with financial regulations in multiple jurisdictions, including Asia, the EU and US
  • Experience working in the Regtech or financial services industry
  • Hands-on leadership style, willing to "roll up their sleeves" and work both "bottom up" and "top down" as needed
  • Excellent research, analysis, and interpretation skills, with the ability to communicate complex regulatory concepts in a clear and concise manner
  • Bonus points

  • Bachelor's or Master's degree in a relevant field (e.g. Computer Science, Finance, Law)
  • Expertise in SaaS, coding, product development, project management, and strategic planning
  • We don't expect you to tick every box; if you get warm fuzzy feelings about what we're trying to achieve at FundApps, then we want to hear from you!

    We are interested in every qualified candidate who is eligible to work in the UK. However, please note that we are not able to provide visa sponsorship.

    Check us out on Glassdoor here! We are a Work180 Endorsed Employer.

    "FundApps fully empowered me to take control of my career" - Ioana Andone

    "Only at FundApps can I be unapologetically me" - Alex Stillwell

    Benefits
    Life at FundApps
    💰 Matched pension contribution up to 10%
    🕐 Flexible working - Choose a work from home/office arrangement that suits you
    👶 26 weeks leave for all new parents regardless of gender, location or family structure
    🎓 £1,000 learning budget each year and unlimited professional development leave
    💚 Wellbeing benefits such as private health insurance, a flexible stipend, mental health coaching and a Headspace subscription
    💰 Peer micro-bonuses through Bonusly
    🚢 25 days holiday leave + an extra day next year if you use it all + an extra day after 3 & 5 years
    🧳 5 Years @ FundApps - additional 4 week paid holiday leave during your 5th year as a FundApper
    ❤️ Unlimited volunteering leave
    🎁 Birthday off
    😷 Unlimited sick and compassionate leave
    🚴 Cycle to work schemes
    💡 Peer-led ‘Brown-bag lunch’ learning sessions

    👩🏾🌈👦🏼🌏👵🏼👳🏽👽

    We are proud of the diversity of all FundAppers - it makes us strong. You will find flexibility around religious observances, our national flags all around the office, a monthly ‘Laydeez who lunch’ and a Pride celebration with some epic Cher and RuPaul playlists! If you’re looking for a workplace where you can just be yourself, you’re in the right place.

    Your privacy
    Any information you submit through our job application process will be used for the purposes of assessing your fit for a role at FundApps. We may also retrieve and store information from your public social media profiles for the same purpose. You can find out more about how your data is used and your rights in our privacy policy.

    You’ve got this!