Regulatory Compliance Manager – Client Asset Protection

Job Description

Regulatory Compliance Manager (Safeguarding) | Revolut

The Tone:
This is a full-time role at Revolut, a financial technology company dedicated to giving people more control and freedom over their money through a comprehensive suite of products. The company aims to make financial management simple and accessible for its 80+ million customers globally. This position is vital for the Compliance team, ensuring that Revolut’s offerings consistently meet all legal and policy requirements, specifically focusing on client asset protection and safeguarding. The role helps maintain regulatory integrity and customer trust in a rapidly evolving digital finance landscape.

The TL;DR
• Role: Full Time
• Location: Hybrid Spain
• Team: Compliance team
• Mission: To advise on client asset protection and safeguarding topics and support with establishing and monitoring related controls.
• Tech Stack: SQL, data analysis

What You’ll Actually Do
• Control Process Implementation: Design, develop, and actively implement efficient control processes to ensure Revolut’s full compliance with client asset protection requirements across its financial products.
• Regulatory Expertise & Guidance: Provide essential technical advice, interpret complex safeguarding regulations, and offer clear guidance on their application to internal functions and Revolut’s products and services, promoting regulatory awareness.
• Risk Management Support: Offer direct support to the Client Assets Oversight Officer, assisting with critical risk management activities and contributing to robust governance frameworks.
• Reconciliation Review & Reporting: Systematically review the output of client money and custody asset reconciliations, then produce detailed and accurate effectiveness reports based on these findings.
• Audit Management: Coordinate and actively manage both internal and external audits and reviews specifically related to safeguarding compliance, ensuring thoroughness and accuracy.

The Must-Haves
• Background: Manager level role requiring in-depth knowledge of Delegated Directive (EU) 2017/593 and MiFID II, coupled with a strong understanding of regulatory requirements for client asset protection and reconciliations.
• Experience: Over 3 years in a safeguarding management role within an an investment firm, consultancy, or regulator; experience managing control processes in financial services, including knowledge of front-to-back office trade flows; and experience conducting safeguarding gap analysis, policy creation, and implementation.
• Skills: Excellent analytical and data interpretation abilities crucial for identifying and mitigating regulatory risks; demonstrated capability to work effectively under pressure, manage multiple projects concurrently, and consistently meet tight deadlines.
• Bonus: Professional compliance certification or diploma; a degree in economics or finance; practical experience with SQL and data analysis for reconciliation and compliance reporting; and prior exposure to regulatory audits and interaction with regulatory bodies.