Regulatory Reporting Manager, Plum

Salary not provided
Mid and Senior level
London

2-3 days a week in office

Plum

Wealth automation app

Open for applications

Plum

Wealth automation app

101-200 employees

FintechB2CPersonal financeInvesting

Open for applications

Salary not provided
Mid and Senior level
London

2-3 days a week in office

101-200 employees

FintechB2CPersonal financeInvesting

Company mission

To accompany people on their financial journey and give them the tools to manage, save and invest their money.

Role

Who you are

  • Qualified Accountant (ACA, ACCA, CIMA) or QBE
  • Strong regulatory experience covering COREP (capital and liquidity), FINREP and BoE (Bank of England) statistical returns
  • Experience within an FCA regulated environment
  • "Hands on" experience managing a team
  • Passionate about the start-up and scale-up space
  • Excellent communication and interpersonal skills

What the job involves

  • Development and maintenance of robust regulatory reporting
  • Prepare and submit necessary regulatory reports and returns (FCA & CySec) to ensure accuracy and compliance with relevant regulatory rules
  • Keep up to date with changes to regulatory rules and to comply with new and emerging reporting and disclosure requirements
  • Ensure effective tools are in place for monitoring capital and liquidity, working closely with the Financial Reporting, & FP&A teams and second line to deliver appropriate MI
  • Implement and continually review systems
  • Continually assess the adequacy of internal processes, data and controls which support the production of regulatory returns and implement enhancements to increase efficiency and strengthen the control framework as required, including keeping standard operating procedures up to date
  • Optimise processes related to Regulatory Reporting
  • Interact with the authorities when needed

Salary benchmarks

Our take

Consumers are not satisfied with the products being offered by traditional banks, who have proven slow to react to their needs and demands. Plum is one of the increasing number of money management alternatives, offering a platform for users to automate their investments and savings.

The development of fintech in the UK has made the space incredibly competitive, with other companies such as Cleo and Emma trying to solve similar problems. That said, Plum has certainly found its place, with over a million users having downloaded the app. It was also voted Best Personal Finance App at the 2023 British Bank Awards, a testament to its popularity.

The company plans to use its latest funding to accelerate European expansion and heighten its product offering, building a more cohesive customer experience for its app. Most recent developments to the platform include the addition of "Watchlists" and "Price Alerts", two features that aim to further empower people by delivering smart notifications and portfolio control.

Freddie headshot

Freddie

Company Specialist

Insights

Top investors

Few candidates hear
back within 2 weeks

35% female employees

7% employee growth in 12 months

Company

Employee endorsements

Flexible working

"Usually going to the office twice a week (since there are really nice perks there too :D). I am also able to work from our offices in Athens and..."

Funding (last 2 of 12 rounds)

Jul 2024

$17.5m

SERIES B

Jun 2024

$2.9m

SERIES B

Total funding: $88.1m

Company benefits

  • 25 days paid holidays + UK bank holidays (33 in total)
  • We're all in this together! Own part of the company through stock options
  • 45 days work from anywhere
  • 1 extra day for volunteering
  • Our annual team trip, to a secret destination
  • Annual training budget
  • Free Plum Premium subscription
  • Flexible working hours (flexible hybrid remote model)

Company values

  • Figure It Out - Creating change is not impossible. Effort, curiosity, and persistence got us where we are today and will get us where we need to be tomorrow
  • Make Change Happen - Money will work radically differently from how it does today. When it comes to savings - it will only work the way it should, if we make it happen
  • Together We Push - We push each other to a high standard, treat each other fairly, and are constantly evolving into better versions of ourselves. We push new ideas - the old way of money is no longer fit for purpose. We push until it’s done. “Done” is when it’s helping our customers
  • No Frills - We’re lean and efficient because we’re here for the long term. Our journey with our customers ends when they retire
  • Have Their Back - Plum customers are financially better off people. We look out for them and have their best interests at heart, whilst still having a material impact on their finances. This is why they trust us

Company HQ

London, UK

Leadership

Previously Head of International Banking at TransferWise. Started their career at Morgan Stanley as a trader. Has an MBA from INSEAD

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