What youll do
As Manager, Regulatory Compliance, Israel you will deliver on the regulatory engagement strategy for our company in Israel. You will maintain our licensing responsibilities and coordinate with all internal and external parties as necessary to ensure compliance through the communication of regulatory requirements, cross-functional collaboration to productize solutions and offerings, implementation and execution of processes, filing of all requisite reports, renewal of registrations and licenses, end-to-end management of regulatory examinations, and interfacing with our regulators on ad-hoc inquiries. You will analyse new and existing products and provide guidance to ensure that our 2LOD controls are fit for purpose and comply with regulatory obligations and guide the first line business to enable the maturity of both customer-facing and internal back-office processes and product features.
Responsibilities:
Support the company Groups expansion by managing the regulatory compliance components of licence authorisation processes
Act as a key stakeholder in relation to licence applications, business plan updates and information requests between our company and our regulators
Ensure that our regulatory compliance and integrity risk reporting obligations are maintained in the region
Support and / or manage on-site exams and inspections (in collaboration with our LRC colleagues)
Advise the business with respect to regulatory change initiatives with a particular focus on how to effectively manage compliance risk attached to new laws and regulations in the jurisdictions we operate
Develop policies, processes and provide advice in relation to regulatory risk obligations that exist within the 1st line business
Manage regulatory compliance risk within the company Risk Management Framework and associated escalation process (inc. the Group Risk Committee)
Advise the business in relation to conduct risk and ethics matters (where appropriate) relating to our financial services licences
Deliver the Compliance Monitoring Program; Conduct targeted and thematic reviews on a wide range of topics to ensure appropriate organisational maturity
Deliver the company Groups Compliance Training for employees and conduct ad-hoc training to specific business areas as required
Conduct Proactive Special Ops projects to unlock business or operational issues to enable our company to achieve its strategic goals more rapidly.
Requirements: Were looking for people who meet the minimum qualifications for this role. The preferred qualifications are great to have, but are not mandatory.
Minimum Qualifications:
Bachelors degree with a minimum of 6 years of regulatory compliance experience in a financial institution, FinTech, legal / consulting firm, or combination of the above
Familiarity with financial regulatory laws, rules, regulations and industry best practices in Israel and more broadly across the EMEA region
Data proficiency - ability to work with data and leverage it for strategic decision-making
Ability to operate strategically and think creatively to solve complex regulatory compliance challenges
Superior communication skills, with the ability to clearly explain complex topics to a wide range of stakeholders including regulators, executive leadership, and front-line staff
Experience with developing and/or maintaining a compliance program within a financial institution, preferably in respect of payments activity
Exposure to licensing processes, regulatory expansion, and RegTech or technology-driven compliance solutions
Understanding of financial products and related conduct risk, ethics, and controls
Preferred Qualifications:
Experience dealing with the ISA with respect to the payments regulatory framework.
This position is open to all candidates.