Are you curious, excited by experimentation and always looking to innovate? Do you want to work in embedded payments where you can keep learning and developing whilst getting hands-on experience? If so, we would love to connect and collaborate We want to hire ambitious, and value-adding talent int o Modulr, one of the fastest growing payments businesses in the UK and Europe. Modulr is experiencing significant growth, and this role recognises the criticality of identifying and managing regulatory change as well as being able to influence future policy in the UK and Europe. About us We have created an industry-leading API platform with comprehensive online tools and access, to meet the demands of daily business payments. We are connected to an expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS. Our payments expertise and extensive product capability enables us to build tailored solutions to solve complex payment problems for hundreds of clients in a range of industries, including Travel, Merchant Payments, Lending, Wage Advance, and Investment & Wealth. We are deeply integrated into the payment eco-system. In the UK, we are direct participants of Faster Payments and Bacs. Modulr hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in 11 currencies. We are principal issuing members of Visa and Mastercard schemes across UK and Europe. Our regulatory permissions and governance structure are the foundations of our business. We are regulated and supervised as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank. Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by the venture arms of payments giants PayPal and FIS, as well as growth investors Blenheim Chalcot, General Atlantic, Frog Capital and Europe. Modulr now has over 400 employees spread globally across offices in London, Edinburgh, Amsterdam, and Mumbai. Modulr values Building the extraordinary; going that extra mile. Owning the opportunity; be passionate and proud of the time you invest. Move at pace; reach goals faster whilst supported on your career journey. Achieve it together, working collaboratively and being a Modulite. The team This role will report into the Group Head of Risk & Compliance, working as part of the second line Risk & Compliance function which also supports risk management, compliance assurance and advisory activities. The role holder will have no direct reports but will need to operate across the organisation at a senior level, driving significant influence. The wider business teams are based in Edinburgh, London, Amsterdam and Mumbai. Modulr has an office-first policy as face-to-face and ad hoc collaboration will maximise our ability to meet our ambitious growth and profitability goals. In practise we expect our colleagues to be in-office at least 4 days per week. The role We are looking for a Regulatory Change Manager to join our Second Line Risk and Compliance Function. They will lead our engagement and understanding of regulatory changes impacting Modulr’s UK and European entities and drive the necessary business changes. This role requires the ability to analyse and distil regulatory changes into actionable insights and plans and manage them to a successful conclusion. It can be based in either Edinburgh or Amsterdam, and it will report directly into either the Head of Risk & Compliance for UK or the Head of Risk & Compliance for Europe accordingly. Modulr has a strong team with extensive experience in payments, so you will have a chance to learn from some experts with a real passion for developing the business. Specific duties Maintain and enhance Modulr’s approach to industry engagement, to maximise the opportunities to gain insight into regulatory changes impacting our business and communicate them effectively. Undertake additional research and analysis to assess the specific impact of regulatory changes on Modulr, identifying clear actions, and overseeing their completion to ensure that Modulr continues maintain its legal and regulatory compliance. Develop a structured approach to prioritise and co-ordinate Modulr’s responses to regulatory consultations, ensuring that Modulr’s strategic interests are represented appropriately and that Modulr influences the wider payments industry for the benefit of our customer base. Develop deep expertise in how Modulr’s regulatory position aligns with commercial and product opportunities, becoming the ‘go-to’ person for ad hoc queries. Maintain an in-depth understanding and records of the background and rationale to decisions we have taken, ensuring a consistent position is maintained as the business evolves. Undertake more targeted assessments of regulatory risks and their impact on new customers/products or sectors – this could include developing our understanding of new jurisdictions. Provide regulatory insights to support business growth and innovation. Contribute to the wider Second Line Risk and Compliance Team activities as required, such as regulatory reporting; championing a strong risk and compliance culture and providing high quality management and Board-level updates. About you You will need to have worked in a similar role within a fast paced FS environment. It would be great if you have exposure to Payments and FinTech but not essential. Great engagement and influencing skills, recognising the importance of developing strong relationships with internal and external stakeholders to achieve results. Excellent verbal and written communication skills to deliver clear and concise messages with actionable insights. A strong background in analysing requirements, translating these into specific changes and co-ordinating their implementation across multiple contributors. What can Modulr offer you You will be part of a cross disciplinary team(s), with co-workers located in Edinburgh, London, Amsterdam, and India. We are friendly and sociable, challenging but rewarding. We want you to push yourself and for us to support you in your future as we scale up and grow. Share Options Incentive Scheme. Company Bonus - the more successful we are together, the greater the reward. Flexible benefits - £1000 to spend on a variety of benefits for you to choose from which suit your lifestyle and needs. Including Private medical insurance, gym membership, health checks etc. Perkbox - enjoy freebies and discounts on many other products and services. 33 days holiday (including bank holidays) & your birthday off - choose which days you take off to relax and/or spend time with loved ones. Learning Opportunities – on joining Modulr you will embark on our 2-day onboarding programme, called ModStart, to be equipped with the Modulr know-how and arm you with the tools you need to be successful from day 1 But we do not want your learning to stop there so we will continue to provide you with the tools and capabilities through our learning channels and platforms. Modulr hands-on - join your colleagues for our company wide events throughout the year. Great workspace - Modulr thrives on innovation which is best done through in-person collaboration. This approach enables us to work together closely, exchange ideas, and create innovative solutions that drive our success. We ask our team members to be based in the office 4 or more days a week. We have state of the art offices located in Exchange Cresent Edinburgh, ScaleSpace in London, and WeWork in Amsterdam. Bike to work / E-bike scheme. ModInclusion At Modulr, we are working hard to build a more positive diverse and inclusive culture that helps everyone to feel they belong and can truly bring their whole self to work. Not only is it the right thing to do for everyone in the Modulr team, it’s also the right thing to do for our business, the community we operate in and attracting future talent. As part of our approach, we actively welcome applications from candidates with diverse backgrounds. LI-Onsite LI-GH1 By submitting your CV you understand that we have a legitimate interest to use your personal data for the purposes of assessing your eligibility for this role. This means that we may use your personal data to contact you to discuss your CV or arrange an interview, or transfer your CV to the hiring manager(s) of the role you have applied for. You can ask us at any time to remove your CV from our database by emailing peopleopsmodulrfinance.com – but please note that this means we will no longer consider you for the role you have applied for.