Head of Compliance, eToro Money UK

eToro is the trading and investing platform that empowers users to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. We have created an investment platform that is built around collaboration and investor education. On our platform, users can view other investors' portfolios and statistics and interact with them to exchange ideas, discuss strategies, and benefit from shared knowledge. We have over 38 million registered users from 75 countries, and our platform is available in 20 languages. We are a fast-growing business with over 1,500 employees across 13 offices around the globe, strategically positioned to serve the needs of users. You can find out more about eToro here .

eToro Money is a part of the eToro Group and drives the neo-banking services for eToro customers, providing eToro Trading clients with a smarter and more cost-efficient way to manage their money, moving funds into and out of their trading account instantly and at better exchange rates than other available deposit and redemption methods.

Job Description / Responsibilities

To support eToro Money's rapid growth, we are looking for a hands-on candidate who will be responsible for providing Compliance oversight for our FCA-authorised and regulated entity, eToro Money UK. Additionally, the candidate will support the eToro Money program in general (globally) and will act as a senior domain expert for e-Money regulation subjects within eToro. You will specifically be responsible for:

1. The design and oversight of the regulatory compliance monitoring program.
2. Advising the Board and broader Group on complex regulatory issues.
3. Advising the Board on the regulatory landscape, including new and emerging developments.
4. Maintaining a positive and transparent relationship with the FCA.
5. Overseeing the drafting and ongoing maintenance of robust policies and procedures across the entire regulatory compliance domain.
6. Clients' funds safeguarding (including chairing of the Firm's Safeguarding Committee).
7. The submission of ad hoc & routine reporting to the FCA, including formal notifications (where required).
8. The review and approval of financial promotions/marketing campaigns.
9. Supporting product development, including advising the Board on the use of the Firm's EMI license to develop products and services.
10. Giving general compliance opinions/support.
11. Participating in Board of Directors meetings.
12. Advising the eToro Group on the development of e-money services in other geographies.
13. Working on compliance projects with 3rd parties, such as VISA, Mastercard, and others.
14. Being a designated FCA-approved EMD Individual.
15. Managing a small team of compliance professionals.
16. Due diligence and oversight of the firm's third-party relationships, including Banking and other critical services.