Who you are

• 7+ years payments experience in Strategy, Legal, Operations, or Entity management departments, preferably in the payments infrastructure or mass payout solution spaces
• 5+ years experience with a Payments Institution, or electronic Money Institution regulated by the FCA
• Understanding of UK financial legislation
• Good understanding of payments products and solutions across the board, at feature level and/or a good understanding of businesses in the payments ecosystem
• Effective communicator, with experience in managing and influencing internal and external stakeholders
• Commercial outlook with ability to assess comprehensive impacts to the business
• Strong project and stakeholder management skills. Consistent track record leading complex projects across large and distributed organizations
• Strong analytical mindset, able to use data to tell a story. Must be a confident self-starter
• Must be a UK resident
• Writes and speaks fluent English
• It's not required to have experience working remotely, but considered a plus

What the job involves

• This is an exciting time to join Remote and make a personal difference in the global employment space as the Head of Remote Payment Services UK, joining our Payments & Fintech department
• We are strengthening our Financial Services subgroup within Remote
• This subgroup has acquired financial licenses in the Netherlands, UK, and Canada to support Remote’s growth in Payroll in these regions
• This position is going to oversee the Operational aspects of our UK regulated payment entity, and will be an integral member of a growing organization that allows people from all over the world access global work opportunities
• UK represents a significant growth opportunity for Remote across all its products, and we need a highly driven self-starter to be the face of Remote with the local regulators
• You will be the day to day lead for the entity liaise with the regulators, stay abreast of regulatory changes, and ensure that Remote always meets regulatory expectations
• End to end ownership of all processes and functions related to running Remote’s UK payments entities. Represent Remote externally with regulators, government officials and industry bodies
• Act as the Entity head of the UK entity, being the primary DRI for ensuring the entity meets its growth goals while meeting all regulatory expectations. As the head of the executive management of the company, oversee all the risk, payment operations, product, and IT functions. Lead the monthly/quarterly Management board meetings
• Work closely with the UK Head of Compliance and MLRO to foster and build close relationship with the regulators, and ensure the payments entities remain compliant with regulatory requirements
• Lead Payment Entity Board meetings (agenda, materials, and minutes). Ensure the Boards are fully equipped to supervise the business of the entity and its financial affairs
• Act as a key representative for operational audits & exams ensuring detailed planning and preparation ahead of time. Develop Remote’s own internal policies to ensure adherence to audit requirements
• Develop detailed understanding and aligned plans for all activities performed by the entity to anticipate and mitigate risks. Implement, maintain and develop an adequate and efficient internal control system
• Deeply understand the regulatory requirements on Remote’s product design. Integrate cross functionally, working closely across Legal, Compliance, Tax, Product, Finance, Payments, and senior management to ensure current regulatory requirements are understood as they apply to Remote and fulfilled with future requirements adequately planned for
• Deliver strong, clear governance as required by external regulations and internal Remote policies
• Note: As Head of the Entity you will be asked to be registered as a PSD individual with the FCA
• You'll report to: General Manager, Remote Payment Services
• Direct reports: 3 reports (future state)
• Team: Operations - Payments: Part of ~10 person central regulatory team, and ~10 people UK entity team
• Start date: As soon as possible

The application process

• Interview with recruiter
• Interview with future manager
• Interview with team members (no managers present)
• Bar Raiser Interview
• Prior employment verification check
• Please fill out the form below and upload your CV with a PDF format
• We kindly ask you to submit your application and CV in English, as this is the standardised language we use here at Remote
• If you don’t have an up to date CV but you are still interested in talking to us, please feel free to add a copy of your LinkedIn profile instead

Benefits

• Unlimited personal time off
• Paid parental leave
• Co-working allowance
• Flexible working hours
• Learning budget
• Mental health support
• Company stock options
• Home office setup
• Celebratory allowances
• Branded swag
• Other country-specific benefits