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BVNK, now part of Mastercard, is a stablecoin-powered financial infrastructure platform enabling enterprises to build financial products, unlock new markets, and move money across 130+ countries. The company holds 40+ licenses for fiat and digital assets globally and processes billions annually. Trusted by industry leaders including Corpay, Worldpay, Deel, and Flywire, BVNK delivers the infrastructure layer for global money movement.
We are seeking an experienced Managing Director to lead BVNK's UK regulated entity, an FCA-authorised electronic money institution seeking FCA authorisation for cryptoasset services. This is a critical executive appointment responsible for establishing and maintaining a strong UK-regulated business while supporting BVNK's broader mission to transform global money movement through stablecoin and payment infrastructure.
As Managing Director - UK, you will have overall executive accountability for the UK entity's strategy, financial performance, regulatory compliance, and governance. You will work closely with the Board, UK senior management, and wider BVNK and Mastercard leadership to ensure the business operates effectively within its regulatory permissions and maintains appropriate local decision-making authority. The position will carry Senior Management Functions SMF1 and SMF3 (subject to FCA approval) and will play a central role in demonstrating effective UK mind and management to the regulator.
Key responsibilities include: providing overall executive leadership with accountability for strategy, commercial performance, governance and regulatory obligations; leading the UK entity through the FCA authorisation process as a key regulatory contact; establishing and maintaining effective UK-based governance with appropriate decision-making authority and management oversight; holding required FCA approvals including Senior Manager designations and fulfilling associated regulatory obligations; overseeing the firm's Senior Managers Regime and Certification Regime arrangements; managing financial resources and prudential compliance across e-money and cryptoasset activities including capital, liquidity, and stress testing; owning the commercial strategy and financial performance while leading UK commercial teams; ensuring appropriate governance of cryptoasset, e-money and payment services; overseeing local marketing and financial promotions compliance; leading Consumer Duty implementation; establishing effective three lines of defence with Compliance, Risk, Finance and Operations; maintaining oversight of material risks with appropriate Board reporting; establishing working relationships with Mastercard and BVNK group leadership while preserving regulatory accountability; chairing or attending relevant committees; building and leading a high-performing UK senior management team; and representing BVNK UK with regulators, partners and stakeholders.
REQUIREMENTS:
- 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 FCA engagement and responsibility for regulatory governance
- Strong knowledge of UK financial services regulatory environment, including Senior Managers and Certification Regime, governance requirements and individual accountability
- Experience within payments, electronic money, cryptoassets, digital assets or closely related financial services sector
- Strong understanding of 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 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 three lines of defence model
- Experience working within wider group structures, balancing group strategy with local regulatory accountability
- Excellent communication and stakeholder management skills with confidence to engage with regulators, Board members and senior executives
- Ability to demonstrate fitness and propriety standards for FCA Senior Manager approval (honesty, integrity, competence, capability, financial soundness)
- Willingness and ability to be based in the UK full-time, providing effective local leadership and regulatory oversight
