Remote - Head of Remote Payment Services UK

• End to end ownership of all processes and functions related to running Remote’s UK payments entities. Represent Remote externally with regulators, government officials and industry bodies • Act as the Entity head of the UK entity, being the primary DRI for ensuring the entity meets its growth goals while meeting all regulatory expectations. As the head of the executive management of the company, oversee all the risk, payment operations, product, and IT functions. Lead the monthly/quarterly Management board meetings • Work closely with the UK Head of Compliance and MLRO to foster and build close relationship with the regulators, and ensure the payments entities remain compliant with regulatory requirements • Lead Payment Entity Board meetings (agenda, materials, and minutes). Ensure the Boards are fully equipped to supervise the business of the entity and its financial affairs. • Act as a key representative for operational audits & exams ensuring detailed planning and preparation ahead of time. Develop Remote’s own internal policies to ensure adherence to audit requirements • Develop detailed understanding and aligned plans for all activities performed by the entity to anticipate and mitigate risks. Implement, maintain and develop an adequate and efficient internal control system. • Deeply understand the regulatory requirements on Remote’s product design. Integrate cross functionally, working closely across Legal, Compliance, Tax, Product, Finance, Payments, and senior management to ensure current regulatory requirements are understood as they apply to Remote and fulfilled with future requirements adequately planned for • Deliver strong, clear governance as required by external regulations and internal Remote policies • Note: As Head of the Entity you will be asked to be registered as a PSD individual with the FCA • Practicals • Practicals • You'll report to: General Manager, Remote Payment Services • You'll report to: • Direct reports: 3 reports (future state) • Direct reports: • Team: Operations - Payments: Part of ~10 person central regulatory team, and ~10 people UK entity team • Team: • Location: For this position we welcome everyone to apply, but we will prioritize applications from the UK. • Location • Start date: As soon as possible • Start date: • Application process • Application process • Interview with recruiter • Interview with future manager • Interview with team members (no managers present) • Bar Raiser Interview • Prior employment verification check • Remote's Total Rewards philosophy is to ensure fair, unbiased compensation and fair equity pay along with competitive benefits in all locations in which we operate. We do not agree to or encourage cheap-labor practices and therefore we ensure to pay above in-location rates. We hope to inspire other companies to support global talent-hiring and bring local wealth to developing countries. • At first glance our salary bands seem quite wide - here is some context. At Remote we have international operations and a globally distributed workforce.  We use geo ranges to consider geographic pay differentials as part of our global compensation strategy to remain competitive in various markets while we hiring globally.Our salary ranges are determined by role, level and location, and our job titles may span more than one career level. The actual base pay for the successful candidate in this role is dependent upon many factors such as location, transferable or job-related skills, work experience, relevant training, business needs, and market demands. The base salary range may be subject to change.At Remote, we foster internal mobility as a key element of our culture of employee growth and development, supported by a compensation philosophy that guarantees pay equity and fairness. Therefore, all compensation changes associated with an internal move will be reviewed by the Total Rewards & People Enablement team on a case by case basis. • The annual salary range for this full-time position is • $92,450—$104,000 USD