Posted:
10/30/2024, 12:39:08 AM
Location(s):
Scotland, United Kingdom ⋅ City of Edinburgh, Scotland, United Kingdom
Experience Level(s):
Senior
Field(s):
IT & Security
Workplace Type:
On-site
Partner Oversight Team Lead
Edinburgh
If so, we would love to connect and collaborate!
We want to hire ambitious, and value-adding talent into Modulr, the fastest growing payments business in the UK and Europe, to play a key role in our first line of compliance operations and supporting our analysts in this area.
About us
At Modulr, our vision is a world where all businesses are powered by embedded payments. Modulr enables businesses, from SMEs to Enterprise, across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment schemes, accounts, and card products.
We have created an industry-leading API platform with comprehensive online tools and access, to meet the demands of daily business payments. We are connected to an expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS. Our payments expertise and extensive product capability enables us to build tailored solutions to solve complex payment problems for hundreds of clients in a range of industries, including Travel, Merchant Payments, Lending, Wage Advance, and Investment & Wealth.
We are deeply integrated into the payment eco-system. In the UK, we are direct participants of Faster Payments and Bacs. Modulr hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in 11 currencies. We are principal issuing members of Visa and Mastercard schemes across UK and Europe.
Our regulatory permissions and governance structure are the foundations of our business. We are regulated and supervised as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank.
Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by the venture arms of payments giants PayPal and FIS, as well as growth investors Blenheim Chalcot, General Atlantic, Frog Capital and Europe.
Modulr now has over 400 employees spread globally across offices in London, Edinburgh, Amsterdam, and Mumbai.
Modulr values
The role
Summary
This role sits within our Partner Oversight team which is responsible for the ongoing monitoring of
clients we designate as partners (and who will provide e-money services to their onward clients
typically under our licence) to ensure they have the correct controls in place and are operating
within Modulr’s risk and compliance framework. Partner Oversight is a key part of Modulr’s first line
compliance operations, executing processes to mitigate risks to Modulr and their customers as they
relate to Financial Crime, Consumer Protection, Financial and Operational Resilience. The Oversight
role is a multidisciplinary one including regular client engagement to discuss data and business
intelligence, sample checking, and analysis and investigations work collaborating with internal
stakeholders. Analysts also need to have a deep understanding of how our partners are operating to
identify and mitigate regulatory and commercial risks. You will play a key role in supporting these
activities and in the growth and development of our team of analysts.
As we’re a small team, this is a hands-on role; you’ll need to be comfortable getting into the detail
and be happy to suggest improvements. You will have experience with leading a team and delivering
results, have a good understanding of the regulatory landscape that Modulr operates in and be
comfortable with driving change and guaranteeing operational excellence.
Specific duties
Depending on the project, you will need to be comfortable doing the following:
About you
The successful Partner Oversight Lead will have a track-record in delivering results in a fast-moving scaling business and hence you must be comfortable with change and uncertainty. More specifically the ideal candidate will have:
What can Modulr offer you
You will be part of a cross disciplinary team(s), with co-workers located in Edinburgh, London, Amsterdam, and India. We are friendly and sociable, challenging but rewarding. We want you to push yourself and for us to support you in your future as we scale up and grow.
ModInclusion
At Modulr, we are working hard to build a more positive diverse and inclusive culture that helps everyone to feel they belong and can truly bring their whole self to work. Not only is it the right thing to do for everyone in the Modulr team, it’s also the right thing to do for our business, the community we operate in and attracting future talent. As part of our approach, we actively welcome applications from candidates with diverse backgrounds.
#LI-JL1
#LI-Onsite
By submitting your CV you understand that we have a legitimate interest to use your personal data for the purposes of assessing your eligibility for this role. This means that we may use your personal data to contact you to discuss your CV or arrange an interview, or transfer your CV to the hiring manager(s) of the role you have applied for. You can ask us at any time to remove your CV from our database by emailing [email protected] – but please note that this means we will no longer consider you for the role you have applied for.
Website: https://www.modulrfinance.com/
Headquarter Location: London, England, United Kingdom
Employee Count: 251-500
Year Founded: 2015
IPO Status: Private
Last Funding Type: Series C
Industries: Financial Services ⋅ FinTech ⋅ Mobile Payments ⋅ Payments