Compliance Officer

Rev & Regs are recruiting for a Compliance Officer for a UK Challenger Bank (Lending/Finance/Savings).

This is a generalist compliance role which will undertake monitoring reviews (including thematic reviews), provide regulatory advice and guidance, develop policies and procedures, and keep abreast of new regulatory changes (horizon scanning).

Responsibilities:

• Delivery and completion of thematic reviews as part of the Bank’s Annual Compliance Monitoring Plan.
• Delivery of second line quality assurance reviews. Assessing the strength of a range of first line controls.
• Articulating clear and accurate feedback on second line Thematic and Assurance Reviews.
• Providing regulatory advice and guidance. Answering Risk and Compliance queries.
• Review and development of policies and procedures.
• Supporting the closure of Compliance owned Corrective Action Plans, off the back of Thematic reviews.
• Support the creation and publication of monthly reporting to relevant Committees.
• Proactive horizon scanning, keeping the Risk and Compliance Team and wider business up to date on all regulatory changes.
• Contribute to the 2LoD oversight of key projects and programmes

Experience:

• Good knowledge and experience of regulatory responsibilities within Banking/Lending/Finance.
• Demonstrable experience of Thematic Review Report writing.
• Experience of quality assurance testing.
• An ability to self-teach and conduct research into FCA and PRA regulatory requirements.
• Experience of a PRA and FCA regulated environment
• Knowledge of FCA Handbook: COBS, TCF/Consumer Duty, Conduct Risk.
• A relevant professional qualification (e.g. ICA, IRM) - Preferable.

Location: Hybrid (2/3 & 3/2 every other week) - London, City.

Salary: £60,000 - £65,000 pa + bonus + benefits package