Bvnk Managing Director - UK at BVNK responsible for leading the UK regulated entity and FCA authorisation for cryptoasset services. Accountable for strategy, financial performance, regulatory compliance, and governance.
Responsibilities
We are looking for an experienced Managing Director - UK to lead BVNK’s UK regulated entity, an FCA-authorised electronic money institution, as it seeks FCA authorisation for cryptoasset services.
This is a critical leadership appointment, responsible for establishing and maintaining a strong UK-regulated business while supporting BVNK's broader ambition 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 Areas of Responsibilities:
Provide overall executive leadership of BVNK UK, with accountability 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, fulfilling the associated regulatory obligations and 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, balancing sustainable growth with regulatory requirements and effective risk management.