Regulatory Compliance Manager (Quality Control)
Revolut · Spain
- Hybrid
- Full-time
- $120,000 / year
- Spain
Job highlights
- Manage regulatory compliance and risk mitigation.
- Review controls and provide team guidance.
- Improve financial institution processes.
- Ensure adherence to regulatory standards.
- Work in a dynamic fintech environment.
About the role
About Revolut
People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 70+ million customers get more from their money every day.
As we continue our lightning-fast growth, 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work™. So far, we have 13,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.
About The Role
Our Compliance team blends regulatory expertise with data-driven thinking to make sure our products meet legal and policy requirements and deliver real value to customers. In a fast-moving, digital environment, they stay one step ahead by finding smart, scalable ways to manage conduct risk.
We're looking for a Regulatory Compliance Manager to identify regulatory obligations, review associated risks, and suggest controls to mitigate these risks. You'll be conducting thorough testing in a dynamic, digital, and data-driven environment.
Up to shape what's next in finance? Let's get in touch.
What You'll Be Doing
- Validating if regulatory obligations are mapped to existing controls for each set of regulations
- Providing guidance and support to junior team members in conducting quality control checks
- Recommending improvements to existing processes within the 2LoD, ensuring alignment with best practices and a diligently documented governance structure
- Paying meticulous attention to detail through reviewing work performed by regulatory compliance SMEs
- Communicating review feedback to stakeholders
- Contributing to compliance processes and minimum standards by identifying opportunities for improved adherence to regulatory requirements and company standards
- Maintaining and improving the methodology, and adjusting the approach to future process changes
- Reviewing quality and documentation made by team members across the 1LoD and 2LoD
What You'll Need
- 4+ years of experience in regulatory compliance across the three lines of defence, in a fintech, traditional financial institution, consultancy company, or regulatory body
- Experience interpreting texts from laws or regulations, preferably related to the UK FCA (FCA Handbook), Bank of England (PRA Handbook), Bank of Lithuania, etc.
- Experience reviewing and providing constructive feedback to team members
- Knowledge of best-practice regulatory compliance controls in the industry
- To be results-driven, pragmatic, and have a detailed-oriented approach
- An interest in compliance and willingness to deepen your knowledge
- Fluency in English
Nice to have
- A degree in law or languages
- Experience managing teams and individuals, including the ability to lead, motivate, and develop team members to achieve both individual and collective goals
- Knowledge of regulations in insurance (ICOBS), cryptoassets (MICA), investment protections (MIFID), financial promotions, anti-bribery, conflicts of interest, consumer duty, and/or payments
- Experience in assurance or internal/external audit, focusing on risk and compliance domains
- Familiarity creating or utilising test scripts/procedures
- Relevant compliance certifications, such as ICA and CISI
Diversity & Inclusion
Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.
Important notice for candidates:
Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles.
- Only apply through official Revolut channels. We don’t use any third-party services or platforms for our recruitment.
- Always double-check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain.
- We won't ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it’s a scam. Report it immediately.
Key skills/competency
- Regulatory Compliance
- Quality Control
- Risk Management
- Fintech Compliance
- FCA Handbook
- PRA Handbook
- Audit
- Governance
- Team Leadership
- Process Improvement
Skills & topics
- Regulatory Compliance
- Quality Control
- Risk Management
- Fintech
- Financial Services
- Compliance Manager
- FCA
- PRA
- Audit
- Governance
How to get hired
- Tailor your resume: Highlight regulatory compliance experience, regulatory interpretation, and quality control skills, especially from fintech or financial institutions.
- Showcase risk management: Emphasize your ability to identify, assess, and mitigate regulatory risks and improve controls.
- Demonstrate leadership: Provide examples of guiding junior team members and communicating effectively with stakeholders.
- Understand Revolut's mission: Research their commitment to customer value and innovation in financial services.
- Prepare for behavioral questions: Be ready to discuss your problem-solving approach and attention to detail in compliance scenarios.
Technical preparation
Behavioral questions
Frequently asked questions
- What is the primary focus of the Regulatory Compliance Manager role at Revolut?
- The Regulatory Compliance Manager at Revolut is responsible for identifying regulatory obligations, reviewing associated risks, and recommending controls to mitigate these risks, ensuring products meet legal and policy requirements.
- What type of experience is required for the Regulatory Compliance Manager position at Revolut?
- The role requires 4+ years of experience in regulatory compliance across the three lines of defence, ideally within fintech, a traditional financial institution, consultancy, or regulatory body. Experience interpreting UK FCA or Bank of England regulations is preferred.
- What are the key responsibilities of a Regulatory Compliance Manager at Revolut?
- Key responsibilities include validating regulatory obligations against controls, guiding junior team members, recommending process improvements, reviewing work from SMEs, communicating feedback, and contributing to compliance methodologies and standards.
- What specific regulatory knowledge is beneficial for this role at Revolut?
- Knowledge of UK FCA (FCA Handbook) and Bank of England (PRA Handbook) regulations is highly preferred. Additional knowledge in insurance, cryptoassets, investment protections, financial promotions, anti-bribery, conflicts of interest, consumer duty, or payments is a plus.
- How does Revolut ensure a fair hiring process for its Regulatory Compliance Manager role?
- Revolut emphasizes applying only through official channels, verifying communications from @revolut.com domains, and never asking for payment or personal financial information, to protect candidates from job scams.
- What qualities does Revolut look for in a Regulatory Compliance Manager candidate?
- Revolut seeks results-driven, pragmatic, and detail-oriented individuals with a strong interest in compliance and a willingness to deepen their knowledge. Fluency in English is essential.
- Does Revolut offer opportunities for professional development in compliance?
- Yes, the role involves an interest in compliance and a willingness to deepen knowledge. Nice-to-have qualifications include relevant compliance certifications like ICA and CISI, suggesting a supportive environment for professional growth.
- How important is teamwork in the Regulatory Compliance Manager role at Revolut?
- Teamwork is crucial, as the role involves providing guidance to junior team members, reviewing work from SMEs, and collaborating with stakeholders across the 1st and 2nd Lines of Defence.