CEO / MD UK

Provide overall executive leadership of BVNK UK, accountable for its strategy, commercial performance, governance and regulatory obligations

Lead the UK entity through the FCA authorisation process, acting as a key point of contact for regulatory engagement, assessments and interviews

Establish and maintain effective UK-based governance, ensuring appropriate decision-making authority, management oversight and accountability within the regulated entity

Hold the FCA approvals required for the role, including as a Senior Manager (SMF1 and SMF3) and as a director or manager of the electronic money institution, maintaining compliance with the Senior Managers and Certification Regime

Take responsibility for the firm's Senior Managers Regime obligations, Certification Regime arrangements and Conduct Rules training

Oversee the firm's financial resources and prudential compliance across its e-money and cryptoasset activities, including capital and liquidity adequacy, fixed overhead requirements, financial forecasting, stress testing and wind-down planning

Own the commercial strategy and financial performance of the UK entity, leading UK commercial teams while balancing sustainable growth with regulatory requirements and risk management

Ensure appropriate governance and oversight of the firm's cryptoasset, e-money and payment services, working closely with the COO and relevant control functions

Oversee local marketing activities and compliance with applicable financial promotions requirements, ensuring appropriate controls are maintained

Lead the implementation and ongoing oversight of Consumer Duty requirements where applicable to the firm's regulated activities

Work closely with Compliance, Risk, Finance and Operations to establish an effective three lines of defence model, with clear responsibilities, appropriate independence and robust escalation arrangements

Maintain effective oversight of material risks, ensuring the Board receives appropriate management information and significant regulatory or operational issues are escalated promptly

Establish effective working relationships with Mastercard and BVNK group leadership, ensuring appropriate oversight of intra-group dependencies while preserving the UK entity's regulatory accountability

Chair or attend relevant local and group-level committees and/or forums, providing effective challenge and ensuring the local entity is properly represented

Build and lead a high-performing UK senior management team, promoting a culture of accountability, integrity, customer protection and regulatory compliance

Represent BVNK UK with regulators, strategic partners and other key stakeholders

Significant senior executive leadership experience within a UK-regulated financial services business, ideally having previously held an FCA-approved SMF1 or SMF3 position

Demonstrable experience running or holding substantial executive accountability within a regulated entity, including engagement with the FCA and responsibility for regulatory governance

Strong knowledge of the UK financial services regulatory environment, including the Senior Managers and Certification Regime, governance requirements and individual accountability

Experience within payments, electronic money, cryptoassets, digital assets or a closely related financial services sector

Strong understanding of the regulatory and operational risks associated with cryptoasset custody and trading activities

Sound knowledge of prudential requirements, including capital and liquidity adequacy, fixed overhead requirements, financial resource planning, stress testing and wind-down planning

Understanding of Consumer Duty requirements, financial promotions and the associated governance and oversight expectations

Experience developing and executing commercial strategies while maintaining effective regulatory controls and financial discipline

Demonstrable ability to lead cross-functional senior management teams and oversee complex operational, financial and regulatory activities

Strong understanding of risk management frameworks, governance structures and the three lines of defence model

Experience working within a wider group structure, with the ability to balance group strategy and shared services with local regulatory accountability

Excellent communication and stakeholder management skills, including the confidence and credibility to engage directly with regulators, Board members and senior executives

Ability to demonstrate the fitness and propriety standards required for FCA Senior Manager approval, including honesty, integrity, competence, capability and financial soundness

Willingness and ability to be based in the UK on a full-time basis, providing effective local leadership and regulatory oversight