Operations · England, United Kingdom
Who are we?
Satago is a leading Fintech player and offers a unique cashflow management solution designed to help business owners get on with growing their businesses and forget about their cashflow problems. We provide innovative credit control and risk tools and are the pioneers of on-demand business finance.
We are in an exciting growth phase and are looking for enthusiastic and creative individuals who want to make a difference and help us disrupt the status quo. We're a hard-working group who enjoy overcoming hurdles and building awesome tools for our customers.
We are passionate about:
Innovation
Empowering and inspiring people
Understanding customer needs
Integrity and Transparency
Diversity and Inclusion
About the Role
This is a superb opportunity for a well-rounded professional to join our Fintech company and lead operations, risk and compliance functions. You’ll be reporting to the CFOO and helping to grow the team and their efficiencies.
What your day-to-day looks like:
Risk Governance and Strategy
Working closely with the risk committee you will take part in building an applicable roadmap on how the lending platform will evolve, managing the user experience, ensuring the commercials are healthy and offer counsel on 'fine-tuning' the processes. You will take an active role in the development the lending platform and any modification as well as a fundamental understanding of the potential for fraud and default.
Oversee the risk decision making process and deal flows, acting as first point of escalation on larger deal proposals.
Regularly audit the loan portfolio for performance, quality, risk, and exceptions, and provide policy and procedure recommendations based on findings.
Portfolio risk management and performance.
Develop, implement, and execute the risk strategy in collaboration with the Risk Committee.
Formulate strategies for recovery of bad debts and enforcement of security, should the need arise – this is already above in the first section.
Ensure compliance with regulatory obligations whilst taking a commercial and practical approach to risk-based challenges and offer appropriate solutions.
Continual drive for enhanced efficiency and client service (internal and external) in all Risk and Compliance processes
Provide regular reports to boards and other relevant bodies detailing any current issues or information as required.
Compliance
Devise and monitor the execution of compliance strategies that will ensure all our processes are in line with applicable laws and industry regulations.
Maintain internal company procedures to ensure that our staff is kept up to date regarding any modifications to existing compliance laws and policies.
Revise and/or formulate policies and promote their implementation.
Establish protocols for minimizing damage to our business operations in case of unexpected compliance breaches.
Ensure that the company runs with legality and conformity to established regulations.
Ensure all AML, KYC, and privacy policy regulatory requirements are followed.
Handle delicate compliance issues with various regulatory bodies whose decisions may influence the course of our business practices.
Identify and deliver improvements to existing processes to ensure accurate and consistent auditable records that satisfy legal requirements and are comparable with industry best practice.
Develop, maintain, and update the risk governance framework and ensure compliance against the framework.
Oversee internal audits, including liaison with external auditors.
Managing the day-to-day operations of every department, establishing company policies, implementing necessary changes and adhering to compliance procedures, laws and regulations.
Operations
Stakeholder and People Management