The Risk Team Leader is responsible for the management of regulatory risk within the Debt Recovery Unit (DRU) of the firm and for overseeing the delivery of operational compliance with all regulatory, legislative and customer service requirements. These include, but are not limited to, the requirements of the Solicitors Regulation Authority (SRA), Financial Conduct Authority (FCA), Ofcom, and Credit Services Association (CSA), as well as key legislation such as GDPR and Money Laundering Regulations.
The successful candidate will be responsible for managing all aspects of compliance, quality assurance, and audit within DRU.
Ensure all debt recovery activity is compliant with relevant legislation and perform quality and audit tests on both internal teams and external suppliers.
Ensure required and relevant policies for DRU are in place and communicated to the team, as well as work with the firm’s Risk and Compliance Manager to ensure firm-wide policies are also applicable for DRU.
Ensure all training material is compliant with legislation and work with the firm’s Training Manager in delivering training to the team, and where applicable, the wider business.
Ensure the monthly Compliance Dashboard, and Approved Person reports for DRU and firm-wide, are delivered and highlight areas of risk.
Carry out checks on new business loads including conflict checks on new matters (up to 500) against the firm’s data base.
Perform due diligence on new and existing suppliers and undertake onsite and remote audits.
Manage the quality assurance process, including line management of the Quality & Compliance Assistant.
Manage our complaints process, including line management of the Complaint Officer, to ensure we are responding in the appropriate timescales and implement remedies to avoid repetition of complaint clause.
Maintain a register for all data protection breaches, requests for information and requests to delete information.
Proven experience of managing compliance, quality and audit processes, preferably in a collection’s environment.
Excellent knowledge of FCA regulations and collections industry.
We offer a competitive salary and excellent benefits package, including 25 days annual leave (rising to 30 days), pension, training and development, private medical insurance, life assurance, healthcare scheme, on-site canteen and an active social committee.