Head of Legal & Compliance

OUR CLAN

DirectID is growing fast and thoughtfully. We are a remote-first organisation and have been recognised as one of Scotland’s top 10 most flexible employers. We know we're not just building world-class products but also a world-class team and a set of sustainable development practices that will continue to deliver value as we scale.

We believe that the best work comes from cross-functional, self-organising, and diverse teams that take ownership of their processes and practices. You will be trusted to make things happen.

Our people set us apart and these are some of the words they use to describe our culture: Flexible, Fast, Compassionate, Potential, Professional, Fun.

Our values have grown organically through our behaviours and outcomes, driving everything we do We’re a Clan, With one Shared Vision, For our Customers and Brave at Heart.

YOUR ROLE

Reporting to the CFO this role will be responsible for developing and maintaining the company's legal and compliance program to ensure adherence to ISO 27001, SOC2, global regulations around open banking and PSD2. This will involve but not be limited to working with the Leadership team and having accountability for the following:

• Monitor regulatory changes and evaluate their impact on the company's compliance program.
• Oversee the creation and maintenance of policies and procedures to meet regulatory requirements and promote ethical conduct.
• Oversee all legal and regulatory matters, including but not limited to data privacy, anti-money laundering, consumer protection, and corporate governance.
• Design and conduct regular internal audits to assess compliance with established policies and procedures.

• Communicate with regulatory agencies and provide reports as required.
• Partner with key stakeholders such as the legal team, technology team, and business leaders to ensure compliance with relevant laws and regulations.
• Identify and mitigate compliance risks, and provide guidance and training to employees on compliance-related matters.
• Assist in the review and negotiation of contracts, agreements, and other legal documents liaising with external legal counsel and regulatory bodies as necessary.

Requirements

YOU NEED TO HAVE

• A law degree and substantial relevant legal and compliance experience, preferably in the fintech industry.
• Diploma in Governance Risk and Compliance from the International Compliance Association (ICA) or equivalent qualifications in the compliance field
• Extensive experience in compliance and regulatory affairs, with a strong understanding of ISO 27001, SOC2, global regulations around open banking, and PSD2.
• Proven ability to develop and implement effective compliance programs in a fast-paced environment.
• Excellent interpersonal, verbal and written communication skills.

• Strong analytical and problem-solving skills.
• Ability to work independently and as part of a team.
• Relevant certifications, such as Certified Information Systems Security Professional (CISSP) or Certified Information Systems Auditor (CISA) preferred.

Benefits

THE PERKS Benefits may vary depending on location.

• A team of passionate interesting people committed to your success.

• Challenging problems to solve.
• We're a growing company your contributions will be valued.
• £75-80k gross/pension/EMI share scheme.
• Uncapped bike to work scheme.
• Monthly recharge time.

• Clan events and workshops.
• Generous holiday allowance (we will insist you take it!).
• Home working contribution to set up (get comfy we want you to stay)  
• Ask us about Flexible Working

REDEFINE AN INDUSTRY

We are on a mission to enable our customers across the globe to effortlessly make use of bank data to; better understand their customers, grow their business, revolutionise their offerings and delight with customer service.

At DirectID you will be working for a business that is redefining the industry for lenders and their consumers through our global credit & risk platform. This is an exciting stage in our growth and we’d love you to be part of the story.