Are you a Compliance professional, with experience working within a compliance and/or risk department of a FCA regulated company?
Our financial services client is seeking an experienced compliance professional to join the team near Reading, on a hybrid basis. The compliance team sit within the second line of defence, responsible for monitoring, providing compliance support and advice to the business on a wide range of compliance matters including regulatory and conduct risks, to ensure ongoing compliance with the regulatory framework.
The role is inside IR35 and £400 per day via an umbrella company -hybrid working model -excellent working environment!
Main Responsibilities:
· Supporting the Compliance Manager in ensuring that our client meets its legal and regulatory obligations.
· Providing expert regulatory advice and guidance to the business on a range of compliance topics including Consumer Duty, credit broking requirements within the Consumer Credit Sourcebook (CONC), and Data Protection.
· Undertaking monitoring and testing activities in accordance with the annual compliance monitoring plan, to assess the effectiveness of regulatory and conduct risk control processes in place, the level of compliance with regulatory and internal standards, and transactional monitoring of key operational areas such as complaints and Data Subject Access Requests.
·Producing written reports of monitoring outcomes, review findings and action plans.
·Reviewing and supporting the business to log breaches and incidents, ensuring accurate records are maintained to evidence closure of remedial actions taken.
·Conducting root cause analysis on complaints, breaches, and incidents data to identify themes and emerging risks that inform continual improvement of policies, processes, and procedures and delivery of good customer outcomes.
·Assisting with the collation of risk and compliance Management Information (MI) for reporting to senior management, Committee(s) and/or Board meetings. Conducting annual thematic reviews of operational end-to-end processes and providing a final report to the relevant business area.
Candidate requirements:
* Detailed technical knowledge and FCA Handbooks including CONC, DISP, PRIN and SYSC, legislative frameworks such as AML and Data Protection, and understanding of industry best practice standards.
* Previous experience working within a compliance and/or risk department of a FCA regulated company
* Practical understanding and experience of the FCA’s expectations in relation to customer outcomes and treatment of vulnerable customers
* Ability to analyse and translate regulations into policies, processes, and procedures.
* Ability to draft documents/reports to a high standard
If this sounds like you, or someone you know then apply now!