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Junior monitoring analyst

Newport (Newport)
Propel Finance
Analyst
€35,000 a year
Posted: 13h ago
Offer description

Resourcing Consultant at The Curve Group

Propel Finance was established in 1996 to provide flexible and accessible finance to SMEs across the country. Now, more than 20 years on, Propel has grown to become one of the UK’s largest, independent finance houses. We have continued to deliver leading-edge finance solutions through a unique combination of teamwork and technology.

From this continued success we are now looking to recruit a Monitoring Analyst to allow us to continue our exciting growth plans.

Our aim is to take the service we offer to the next level, to push the boundaries of what’s available, and to create great customer experiences consistent with our values. Does that sound like something you’d like to be part of?

As a Monitoring Analyst you will support the Compliance Department in ensuring that Propel Finance meets its regulatory, legal, and governance obligations. This role is focused on delivering day to day monitoring and quality assurance activity, helping to identify risks, ensure controls are effective, and drive improvements across the business.


Role responsibilities

* Carry out thematic monitoring reviews, file checks, and QA testing in line with the monitoring and quality assurance framework.
* Document and escape findings clearly, highlighting risks and recommending remedial actions.
* Support the tracking of open actions and assist in verifying closure of remedial work.
* Assist in preparing monitoring reports for the Compliance & Monitoring Manager.
* Make recommendations for enhancements to the monitoring framework as well as potential topics for future thematic reviews.


Compliance Support

* Support colleagues with regulatory queries by providing accurate and timely information.
* Contribute to fraud prevention activities.


Governance & Reporting

* Contribute to MI reporting for internal stakeholders, collating data on monitoring activity and compliance performance.
* Ensure that monitoring documentation is maintained and up to date.
* Work closely with colleagues across the business to ensure understanding of compliance requirements.
* Take part in training and development opportunities to build knowledge of FCA regulations and assurance skills.
* Support team initiatives to embed a strong culture of compliance, transparency, and accountability.


Qualifications

* Previous experience in compliance, assurance or risk role within financial services
* Good working knowledge of FCA regulation, particularly Consumer Duty, CONC, SYSC and DISP.
* A-Level qualifications or higher
* Proactive and inquisitive approach with a willingness to learn
* Excellent analytical skills with a keen attention to detail


Why work here

We have a great working environment and we’re an ambitious business. We achieve so much because of our people. Everyone in the business, no matter their team or role can shape the outcome, share ideas, make suggestions, and have their voice heard. It’s a truly collaborative place to work.

At Propel, we embrace hybrid working and with modern offices in Newport, London and Manchester, plus a field-based sales team, you’ll never be too far away from colleagues.

This role is based out of Propels’ Newport office, it is hybrid requiring 2 days a week in the office (Monday and Thursday).


Benefits you can expect

* 25 days annual leave + bank holidays
* 2 additional days holiday after 5 years’ service
* Birthday day off
* Opt in Private Medical Insurance
* Subsidised gym membership at £18.75 a month
* Cycle to Work Scheme
* Electric Car Scheme
* Buy Annual Leave Scheme
* Half day seasonal shopping
* Auto enrolment pension – 3% employer contribution subject to eligibility
* Life Assurance 3 x basic salary
* Company events and reward schemes

We are proud to be a member of Stonewall’s Diversity Champions programme and are committed to improving workplace inclusion.

The Curve Group is Propel’s outsource partner for Recruitment and a "Data Processor". The Curve Group will hold the information you submit but Propel will have access to it. You can find their privacy policy here: https://www.thecurvegroup.co.uk/privacy-policy/

Seniority level: Associate

Employment type: Full-time

Job function: Quality Assurance and Analyst

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