Compliance, Risk & Oversight Officer Shruti Patel is a core part of our London team. We sat down with her to find out what it’s like working with Fire, as well as a few fun facts!
What does your job involve?
I’m primarily responsible for making sure Fire complies with the necessary legislation and regulation. I also act as Money Laundering Reporting Officer and Data Protection Officer for Fire-UK, with oversight of risk, compliance, and audit.
What’s the most rewarding thing about working here?
I love working with a team who have the same vision and drive. Compliance is also not simply about following the rules but importantly ensuring customers are treated fairly, being directly involved in the fight against financial crime and improving conduct across the financial services industry. I see the greater good beyond my own individual role.
Biggest work challenge you’ve faced?
Regulation never decreases, it always increases and changes. The regulatory landscape is constantly evolving so it’s important to keep up to date on a daily basis. This means working to very strict deadlines and managing my time effectively but I love how varied the role is day to day.
Why Fire? Why FinTech?
I was attracted to Fire in particular because of its innovative technology and I wanted to be involved in a growing business where you have a lot of responsibility and can develop your skills and experience very quickly.
Summarise the culture in 3 words?
Transparent, collaborative and innovative.
What do you do for fun?
I practice yoga and meditation daily and love going to the gym.
What’s something new you’ve tried out since lockdown
Road cycling. I was always terrified of cycling on London roads but I’ve gained a lot of confidence and it helps me to stay fit.
Any unusual skills, fears, or interests?
I am training as a Reiki practitioner. Reiki is a spiritual healing practice promoting stress reduction and well-being by helping the flow of energy through our bodies.