Job Description
Title: Compliance Business Partner
Salary: £38,000 - £42,000 per year
Schedule: Monday - Friday
Hybrid but flexible for the right candidate
Responsibilities
* Support the promotion of a risk and compliance-aware culture across the organisation.
* Deliver the Compliance Monitoring Plan, producing detailed monitoring reports, testing papers and maintaining accurate records.
* Work with business to resolving any gaps, weaknesses identified via compliance monitoring
* Support Head of Compliance in the provision of related MI
* Draft and update internal policies, compliance reports, and procedural documents.
* Perform regulatory and industry horizon scanning, assess impact, and support implementation of relevant legislation.
* Conduct relevant gap analysis and establish and maintain detailed records of horizon scanning related work
* Work with Head of Compliance to product regulatory updates to business outlining emerging regulatory trends
* Identify areas for improvement in regulatory and risk procedures, contributing to high-quality compliance documentation.
* Support the design and delivery of regulatory training and manage compliance attestations.
* Prepare periodic FCA regulatory reporting and respond to ad-hoc regulatory queries.
* Conduct due diligence on suppliers, clients, and customers.
* Provide regulatory input on business change and transformation projects.
* Escalate significant compliance issues promptly.
* Support the management of complaints and risk events.
* Assist in anti-money laundering and financial crime monitoring.
* Prepare reports and documentation for Governance Committees, and the Board.
* Support the Head of Compliance in all related risk and compliance matters
Person Specification
* Ability to be a team player
* Experience in risk and compliance within financial services (FCA-regulated), specifically consumer credit
* Practical experience in assurance/monitoring work re Consumer Duty & AML
* Confident interpreting regulation and advising the business
* Excellent written and verbal communication skills
* A proactive mindset with strong attention to detail
* Experience working with senior stakeholders
Desirable:
* Exposure to Regulatory reporting
* A keenness to establishing new frameworks, processes etc
Qualifications (preferred)
* Compliance/AML related qualification
Regulatory Responsibilities
In addition to any specific regulatory obligations, this role is subject to the FCA’s Conduct Rules under the Senior Managers and Certification regime (SM&CR). All employees both permanent and temporary are expected to:
* Act with integrity
* Act with due skill, care and diligence
* Be open and cooperative with the FCA and other regulatory bodies
* Pay due regard to the interests of customers and treat them fairly
* Observe proper standards of market conduct AND
Employees must also act to deliver good outcomes for retail customers, in line with the Consumer Duty introduced in July 2023
Benefits:
* Company pension
* Employee discount
* Health & wellbeing programme
* Private medical insurance
Please inform us if you have a disability that will require any reasonable adjustments for the interview/recruitment process or job role (working in-person from the office) ?