Compliance Monitoring Lead

VFX Financial PLC; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A fast-growing FinTech firm in the UK seeks a Compliance Monitoring Lead to enhance compliance efforts and regulatory assurance. Responsibilities include managing the Compliance Monitoring Programme, conducting reviews, and engaging with stakeholders. Candidates should possess strong regulatory insight, excellent analytical skills, and a proactive approach. The role offers a competitive salary, equity options, and a hybrid working environment with strong team culture, making it ideal for motivated individuals ready to shape the future of compliance.

Benefits

Generous Profit Share Plan

Equity via Company Share Option Plan

Competitive salary

Hybrid working 3-days per week

Annual company incentive trip abroad

Flexible learning & development budget

Weekly events and socials

Qualifications

• Strong regulatory and compliance monitoring experience within FX, payments, fintech, banking.
• Proven experience designing and delivering compliance monitoring or assurance programs.
• Solid understanding of UK regulatory frameworks.

Responsibilities

• Own and manage the Compliance Monitoring Programme, ensuring it meets regulatory expectations.
• Design and execute thematic and control-based monitoring reviews.
• Produce clear, concise monitoring reports with actionable insights.

Skills

Regulatory expertise

Analytical skills

Stakeholder engagement

Written communication

Independent working

Education

Strong regulatory and compliance monitoring experience

Experience in regulated financial services

6-10+ years in Compliance or Risk Assurance

Job description

About VFX

VFX is a fast-growing FinTech simplifying global trading and cash management for businesses worldwide. We remove complexity so clients can transact globally with confidence. Our tailored, secure, and efficient solutions span FX and international payments, multi‑currency accounts, and integrations that make global operations effortless.

With six offices, five regulatory licences, and an 83% CAGR over the past three years, we’re scaling fast and earning industry recognition along the way — including CNBC UK's Top Fintech Companies for 2025, Wealth & Finance FinTech Awards 2025, and the Business Growth Award from Business Awards UK. Behind it all is a team of ambitious VFXers who think like founders, never stop learning, and go the extra mile to help our clients succeed.

About the Role

We’re looking for a Compliance Monitoring Lead to design, deliver, and continuously improve VFX’s Compliance Monitoring Programme (CMP).

This role will be responsible for providing independent assurance that regulatory obligations, internal policies, and control frameworks are operating effectively across the business. You’ll take ownership of monitoring planning, execution, reporting, and issue tracking, working closely with the MLRO, Compliance leadership, and key stakeholders across the organisation.

This is a senior, hands‑on role suited to someone who enjoys combining regulatory expertise with practical delivery in a fast‑paced, regulated environment.

Key Responsibilities

Compliance Monitoring Programme Ownership

• Own and manage the end‑to‑end Compliance Monitoring Programme, ensuring it is risk‑based, proportionate, and aligned with regulatory expectations.
• Develop and maintain the annual compliance monitoring plan based on regulatory risk assessments, business changes, and regulatory priorities.
• Ensure monitoring activities cover key regulatory obligations relevant to FX, payments, AML/CTF, sanctions, conduct, and operational compliance.

Monitoring Reviews & Assurance

• Design and execute thematic and control‑based monitoring reviews across the business.
• Assess the design and effectiveness of policies, procedures, and controls against regulatory requirements and internal standards.
• Identify control weaknesses, root causes, and areas for improvement, ensuring findings are evidence‑based and well‑documented.

Issue Management & Follow‑Up

• Track findings, actions, and remediation plans through to completion.
• Challenge and support first‑line teams to ensure timely and effective remediation.
• Escalate overdue or high‑risk issues to senior management where appropriate.

Reporting & Governance

• Produce clear, concise monitoring reports with meaningful ratings, recommendations, and management actions.
• Prepare regular MI and summary reporting for Compliance leadership, the MLRO, and relevant governance forums.
• Support regulatory interactions, audits, and internal assurance activities where required.

Stakeholder Engagement

• Build strong working relationships with Compliance, Risk, Operations, Product, Payments, and Technology teams.
• Act as a trusted advisor on compliance control expectations and good practice.
• Provide guidance on regulatory change impacts from a monitoring and assurance perspective.

Programme Development & Continuous Improvement

• Continuously enhance the CMP methodology, templates, and tooling to improve efficiency and effectiveness.
• Stay up to date with regulatory developments (e.g. FCA Handbook, MLRs, JMLSG, PSD2, sanctions regimes) and incorporate changes into monitoring activity.
• Contribute to strengthening the overall compliance control framework as the business scales.

Candidate Profile

• Strong regulatory and compliance monitoring experience within FX, payments, fintech, banking, or another regulated financial services environment.
• Proven experience designing and delivering compliance monitoring or assurance programmes.
• Solid understanding of UK regulatory frameworks (e.g. FCA rules, MLRs 2017, JMLSG, sanctions regimes).
• Excellent analytical skills with the ability to assess control effectiveness and identify root causes.
• Strong written communication skills, with experience producing clear monitoring reports for senior stakeholders.
• Confident engaging with stakeholders across first and second line functions.
• Organised, pragmatic, and comfortable working independently in a fast‑paced environment.

Preferred Background

• 6–10+ years’ experience in Compliance, Compliance Monitoring, Risk Assurance, or Internal Audit within financial services.
• Experience in payments, FX, e‑money, or fintech environments.
• Familiarity with risk‑based monitoring methodologies and regulatory assurance best practice.

Benefits at VFX

We offer more than just perks — we offer ownership.

Our benefits include:

• Generous Profit Share Plan (PSP)
• Equity via the Company Share Option Plan (CSOP)
• Competitive salary
• Hybrid working 3‑days per week at our Aldgate office
• Annual all‑expenses paid company incentive trip abroad
• Flexible learning & development budget
• Weekly events like Monday Supper Club, Thursday Happy Hour & regular socials
• Fresh fruit, breakfast staples & fully stocked drinks fridge in the office

PSP & CSOP Details

At VFX, the biggest benefit is the opportunity to act like an owner. Through our Profit Share Scheme (PSP) and Company Share Option Plan (CSOP), every team member has a chance to own a stake in the business and share in the profits.

To show you what that looks like, in 2024, PSP participants received over $1,000,000 USD. From those distributions, more than 80% of eligible VFXers chose to become shareholders — a powerful reflection of the belief and commitment that drives VFX forward.

If you care about building something meaningful, take pride in your work, and are motivated by impact — you’ll thrive here.

Next Steps

If you are successful, you will be contacted for an initial call with our People Ops team, followed by a 1st stage Teams interview with the hiring manager, and finishing with an in‑person final stage interview at our London office.