About the job

THE ROLE:

Supervising a small team you’ll provide practical regulatory advice across the business, oversee key conduct, financial promotions and operational risk matters, and help ensure the bank meets its ongoing PRA and FCA obligations.

THE RESPONSIBILITIES:

• Act as a key contact point for regulators and law enforcement, coordinating responses and supporting regulatory reporting and action tracking
• Monitor regulatory change, assess impact and drive timely implementation
• Deliver practical compliance advice on policies, procedures, process changes and conduct risk (including Consumer Duty and TCF)
• Lead elements of a risk-based compliance monitoring programme and track remedial actions that support fair customer outcomes
• Oversee the financial promotions process (including review and sign-off where delegated) and product risk reviews
• Prepare clear, proportionate Compliance MI and report key risks, breaches and control weaknesses to senior management and governance forums
• Oversee complaints monitoring, theme analysis and escalation of material conduct issues
• Support ongoing compliance with the Senior Managers & Certification Regime and Conduct Rules
• Ensure effective mandatory regulatory training arrangements are in place across the bank

THE REQUIREMENTS:

• Significant compliance experience in a retail financial services environment, including managing activities, prioritising workloads and supporting or leading colleagues
• Proven experience implementing compliance monitoring programmes
• Excellent working knowledge of PRA/FCA rules and guidance, with experience of regulatory liaison or supporting engagement
• Strong understanding of the key risks and controls in the main operational areas of a small bank
• Previous experience reviewing or approving financial promotions in a regulated environment
• Experience supporting an MLRO or financial crime oversight

About the job

My client is on the lookout for a COMPLIANCE MANAGER to play a key role in the delivery of the compliance framework, with a strong focus on providing hands-on regulatory and compliance advice to the business, alongside maintenance of the day-to-day compliance activities including delivery of the annual compliance monitoring plan.

Key Role Responsibilities:

• Work cross-functionally to deliver pragmatic compliance advice, ensuring any product and service changes comply with relevant FCA rules and regulations
• Conduct regulatory horizon scanning, providing balanced and practical advice to the business on the new and/or evolving regulatory landscape
• Translate regulatory requirements into internal policies that are appropriate, proportionate and fit for purpose, and easy to understand for a non-compliance audience
• Promote a healthy, customer-focussed culture that adheres to Consumer Duty standards
• Act as a “critical friend” to the business, ensuring that the compliance team is viewed positively and engaged with along all stages of the journey
• Conduct compliance monitoring and outcomes testing according to the overall compliance monitoring plan, escalating findings and recommending / tracking remediation
• Support internal and external audits, due diligence and contract reviews
• Assist with regulatory reporting and administration duties
• Deliver compliance training and advise on mandatory training requirements
• Advise on and support the firm’s SMCR arrangements, including relevant certification processes and the associated maintenance of the FCA directory

Key Skills & Experience Required:

• Significant compliance experience gained within an FCA-regulated financial services firm (consumer credit and/or fintech experience a distinct advantage)
• Good working knowledge of the UK regulatory frameworks applicable to the business - including Consumer Duty, SMCR, CONC and DISP
• Ability to provide clear, practical regulatory advice and constructive challenge to the business
• Considerable compliance monitoring and outcomes testing experience,
• Excellent written and verbal communication skills, and strong attention to detail
• Comfortable managing multiple priorities in a fast-paced and evolving environment
• Ideally experienced in SMCR administration (certifications, fitness and propriety assessments)
• Some exposure to financial crime frameworks (e.g. SAR reviews, MLRO support)
• Relevant professional qualification (e.g. ICA Certificate/Diploma in Governance, Risk and Compliance) would be appealing

If this opportunity looks like it could be of interest to you, please click 'Apply' - or for more information, contact Terry Wetters (Founder/Director): 07891 708 941 / terry@barleycorn.io