Compliance Lead
About Allica Bank
Allica is the UK’s fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in Fintech.
Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers.
Role Description
This is a rare opportunity to own and shape the compliance and financial crime framework for an innovative suite of invoice finance, Buy Now Pay Later (BNPL) and embedded credit products operating within a regulated UK banking group.
As Compliance Lead for Kriya, you will be responsible for implementing and embedding the bank’s enterprise-wide compliance and financial crime policies into a proportionate, product-specific framework, ensuring full alignment with the bank’s risk appetite while meeting the unique operational and customer risks of embedded finance and invoice financing.
You will not be creating compliance in isolation. Instead, you will act as the translator and integrator between group-level bank policy and a fast-scaling product environment—ensuring regulatory consistency, auditability, and control, while enabling commercial growth.
You will act as a Compliance Manager for Kriya, an Annex 1 business registered with the FCA for AML supervision (but not otherwise FCA-authorised).
Principal Accountabilities
- Own the end-to-end Compliance and Financial Crime Framework for Kriya’s digital lending products, including Embedded PayLater and Invoice Finance.
- Implement, adapt and operationalise the Bank’s group compliance, AML, sanctions and financial crime policies, ensuring they are applied consistently and proportionately within the product suite.
- Identify where product-specific controls, procedures or interpretations are required and manage these in line with bank governance and approval processes....