Compliance Manager

The Company:

Stream is on a mission to bring better financial wellbeing to frontline workers.

We partner with some of the world’s most famous employers, like Bupa, Burger King, Green King and the mighty NHS to give their teams access to fairer financial services - all built around flexible pay. Over three million people can now choose how often they’re paid, track their shifts and earnings, start saving, use budgeting tools, get free financial coaching, and access fairer financial products. All in one financial wellbeing super-app.

Stream is unique: VC-backed and growing at scale-up pace, but with a social conscience. Some of the world's leading financial charities and impact funds were our founding investors, and we operate on a social charter - which means every product we build has to improve financial health and reduce the $5.6bn ‘premium’ lower-income earners pay for financial services each year.

You’d be joining a team of over 200 passionate, ambitious people, across Europe and the USA, building a category-leading fintech product and all united by that same mission.

The Opportunity:

Stream is growing! Here at Stream we put a great emphasis on helping people and doing the right thing. As the Compliance Manager and Deputy MLRO you will have a unique opportunity to be involved in various activities to ensure that Stream is compliant with the requirements of money laundering regulations and expectations of the regulator (FCA), our clients, our investors and our users. You will have a good understanding of the requirements of the Money Laundering Regulations, Consumer Credit Act, the Consumer Duty and other regulatory requirements.

The Team:

Reporting to the Director of Compliance and MLRO you will be an integral part of a small collaborative team providing Second Line support to various areas of the business to assist in achieving our ambitious goals.

What will you be doing?

You will support the Director of Compliance and the wider Risk and Compliance function with various activities, such as:

• Support the Director of Compliance to develop and maintain a robust company compliance framework policies and procedures in line with industry best practice and regulatory requirements
• Reviewing and providing feedback on financial promotions
• Providing tailored compliance guidance, including on the requirements of the Consumer Credit Act, CONC, financial crime risk, Customer outcomes and the wider Consumer Duty
• Complete monitoring reviews and risk assessments of First Line activities, and feedback any findings, tracking actions to closure and re-assessment where required
• Devise training for staff on compliance topics and monitor understanding
• Assist in the compilation of relevant management information and identify and summarise any trends
• Keep abreast of regulatory developments and industry best practice and communicate these to the relevant business areas, tracking any required actions to completion
• Review new relationships, initiatives, and products for regulatory impact
• Collate Committee information and track outstanding actions/ recommendations to satisfactory completion
• Assist the wider risk and compliance team in general

What experience might you have?

Must-haves: (But if you’re close… we'd still love to talk to you!)

• 3-5 years experience in a fintech/start up credit/payment services environment
• Inquisitive and truth seeking attitude with an inclination to challenge the status quo on a proportionate basis
• Strong communication skills and the ability to tailor and time communications with the audience and collaborate effectively with all levels of the business
• Superb attention to detail and a high degree of accuracy
• Excellent prioritisation and organisational skills to enable quick decision making in a fast paced environment
• A proficient understanding of UK financial services regulation, the JMLSG guidance and the FCA handbook and associated publications

Can-be-learnts:

• Operational risk experience
• Pensions
• Professional qualifications in Compliance or Financial Crime

Within 1 month you’ll have:

• An understanding of the Stream mission, products and services

Within 3 months you’ll have:

• Built a network of key contacts within the business
• Have taken on ownership for specific compliance tasks

Within 6 months you’ll have:

• Strong and collaborative relationships within the team and with key stakeholders
• A robust understanding of the Stream framework and strategy
• Built a reputation as a go to and trusted partner
• Completed allocated key tasks to a high standard

Working Policy:

We operate a hybrid policy with a requirement of 3 days a week in our London office.

Dependent on experience, from £80,000 - 90,000 + equity

What will we do for you?

• 25 Days Annual Leave in addition to public holidays (up to 5 day rollover), as well as flexible time off allowances for any ad-hoc childcare/family/caring needs
• 24 weeks' paid Maternity Leave and 4 weeks paid Paternity Leave for employees with over 12 months service
• Special Leave for In Vitro Fertilisation (IVF) and other fertility treatments
• Sabbatical scheme
• Paid leave to volunteer
• Private Healthcare including comprehensive mental and physical healthcare
• Salary sacrifice to pension, as well as bonus exchange to Pension: reap even more rewards of any bonus by paying into your pension & save on Tax and NI + added compound growth
• Season Ticket Loan
• Access to Salary Sacrifice Schemes via ThanksBen: THE Benefits marketplace. Choose the benefits you want, when you want. Pay less tax, receive more value, including: Workplace nurseries, Cycle to Work, Home and Tech Scheme and more.
• The best benefit of all, access to Stream!

At Stream we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our product and our community to flourish. Stream is an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity/expression, or veteran status.