Compliance analyst
We’re looking for a Compliance Analyst within our London office to join our cross-functional payments squad. This role will focus on all payment related regulatory compliance. At Oval we are looking to innovate the traditional finance space with a new completely disintermediated platform for saving and investing. We believe that intermediation is over, with technology disruption, in a number of industries, replacing the middleman. We want to do the same for finance. It is an ambitious task and thus we are looking for people to join the Oval team to help make this happen.
You
We want Oval champions that share the same values that we stand behind. You are hungry to change the world. You don’t think you are an expert in what we are doing but you think you will be the best one to learn it and execute it. You think global and act global. You understand that Oval needs to be the best at what it does. You are angry with banks for not giving you the experience you want. But most of all you believe your friends and your family will become Ovalers, and you will always be respectful, transparent and fair with them.
Requirements
We believe you are a hard worker, a visionary and dreamer. We want you to think like a leader and act like an executor. We want you to have a big heart and a sharp mind. You will be the champion to our Ovalers.
You strive in a destructured startup environment and are not looking for the 9 to 5 role.- You will maintain a data-first approach through continual experimentation and optimisation to meet and exceed strong company goals
- Fluent English; written and spoken
- Strong analytical, communication and interpersonal skills
- Great attitude to learning
- Some knowledge and experience of the regulatory requirements relating to payment services (PSRs, EMRs, PARs, PSD2, Open Banking etc) and a willingness and passion to develop knowledge and expertise in other retail products
What you’ll do
- Work closely with the payments product team (payments squad!) to build a product that delivers the best user experience whilst ensuring we meet regulatory requirements
- Keep an eye on the transaction monitoring system alerts, review alerts, and deal with them accordingly
- Work closely with the product and marketing teams to ensure everything Oval creates and releases is compliant with all applicable laws
- Checking user documents to ensure they are who they say they are
- Help keep the number of bad guys (and girls!) using our services to a minimum and helping to catch any bad guys we come across!
- Help design new rules and methods to stop financial crime
- Submit Suspicious Activity Reports
- Investigate alerts for suspicious activity and potential sanctions violations
- Conduct enhanced due diligence reviews and research
- Remain current with industry developments and new FCA/AML rules/regulations
- Assist in the implementation of new regulations or changes to existing regulations
- Assist in the design of compliance-related products and rules or other company products having compliance impact
- Assist with regulatory audits and exams
- Respond to AML-related inquiries
- Maintain detailed documentation of all processes used to satisfy above activities
- Other duties and responsibilities as required or assigned
Oval Perks
You will be part of a team of serial entrepreneurs with a global market experience in building tech startups and you will have the opportunity to change the financial market, by bringing better education and inclusion. You will be able to work from our London or Turin office and enjoy the wonderful Italian breakfast for the team prepared every day. You will be independent and can manage your own schedule but will be working with an international and diverse team of people that together have the mission to change the financial world forever.