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This opportunity has now been filled
Head of Risk and Compliance
About the role
OneBanks is a very exciting young Fintech business working with UK banks to provide financial services in locations poorly serviced by existing infrastructure. It is using cutting-edge open banking technologies with world-class software to become the leading shared banking network in the UK, offering customers a wide range of financial services and products. See www.OneBanks.co.uk
As a shared facility, the cost of operation is designed to be split between multiple institutions and is configured in a way that facilitates quick and easy assembly, enabling rapid set up in high footfall locations like shopping malls, petrol stations, bus or railway termini and convenience stores. Whilst of course this is a very commercial enterprise, we are seeking someone who is also passionate about helping to solve a societal problem as well as helping to scale the business and grow value. It has already received significant support of its strategy and business model through investment, not only from an influential group of private investors, but also with the news that Glory, one of the worlds largest cash technology solutions providers, has taken a significant minority stake. It has also put together a really strong Board.
The Head of Risk and Compliance will play a leading role working alongside the Chief Executive. The role holder will be responsible for the overall delivery of an enterprise wide view of Risk and Compliance, ensuring that OneBanks has appropriate risk management policies, procedures and systems in place to identify, measure, manage and monitor all risks and to ensure this meets relevant regulatory requirements. Being the point of contact for regulatory conversations and ensuring to keep the firm up to date with policy changes which impact them from a compliance and regulatory respective is also key.
We are therefore looking for a self-motivated and pragmatic person to work in collaboration with the rest of the leadership team. You will ideally have previous experience working in banking or payments and working within open banking would be a great bonus. Knowledge around best practice risk management governance frameworks and methodologies and regulatory compliance principles in relation to UK financial services will be needed.
You will be up for the challenge and stepping into a business at the cusp of its potential. This definitely looks like it will be a fantastic journey for the right person and geography is not important – we don’t mind where this person is based.
For full details on the role and further information on the company please download the candidate brochure here.
For more information and to apply, please send your CV and covering letter to Lindsay Cramond at cv@fwbparkbrown.com. For an initial confidential discussion, please contact our Edinburgh office on 0131 539 7087.