At a Glance
- Tasks: Lead compliance frameworks and ensure adherence to FCA regulations.
- Company: Join a dynamic FinTech focused on empowering financial well-being.
- Benefits: Enjoy a full-time role with opportunities for growth and development.
- Why this job: Shape compliance culture while making a real impact in people's financial futures.
- Qualifications: 4+ years in compliance, preferably in consumer credit, with knowledge of Consumer Duty.
- Other info: This is an associate-level position in the banking industry.
The predicted salary is between 36000 - 60000 £ per year.
This growing FinTech helps people build better financial futures by providing the tools they need to take control of their financial well-being.
What you’ll do:
- Lead the interpretation and application of FCA regulations
- Support with the development of Consumer Duty
- Support with the implementation of the compliance monitoring programme
- Provide advice and training & guidance to the business, promoting a compliance-driven culture
Minimum Requirements:
- 4+ years compliance experience in financial services (consumer credit desirable)
- Sound knowledge of Consumer Duty initiatives
Seniority level: Associate
Employment type: Full-time
Job function: Finance
Industries: Banking
Compliance Manager - Consumer Credit employer: FincSelect
Contact Detail:
FincSelect Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Manager - Consumer Credit
✨Tip Number 1
Familiarise yourself with the latest FCA regulations and Consumer Duty initiatives. Being well-versed in these areas will not only boost your confidence during discussions but also demonstrate your commitment to compliance.
✨Tip Number 2
Network with professionals in the financial services sector, especially those who have experience in compliance roles. Engaging in conversations can provide you with insights into the company culture and expectations for the Compliance Manager position.
✨Tip Number 3
Prepare to discuss real-world scenarios where you've successfully implemented compliance frameworks or training programmes. This practical experience will showcase your ability to lead and promote a compliance-driven culture effectively.
✨Tip Number 4
Stay updated on industry trends and challenges in consumer credit. Showing that you understand the broader context of compliance within the FinTech landscape will set you apart as a knowledgeable candidate.
We think you need these skills to ace Compliance Manager - Consumer Credit
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Compliance Manager position. Understand the key responsibilities and requirements, especially focusing on FCA regulations and Consumer Duty initiatives.
Tailor Your CV: Make sure your CV highlights your relevant compliance experience in financial services, particularly in consumer credit. Use specific examples that demonstrate your knowledge of compliance frameworks and your ability to lead compliance initiatives.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your passion for promoting a compliance-driven culture. Mention how your previous experiences align with the company's mission of helping people build better financial futures.
Proofread and Edit: Before submitting your application, carefully proofread your CV and cover letter. Check for any grammatical errors or typos, and ensure that your documents are clear and professional. A polished application reflects your attention to detail.
How to prepare for a job interview at FincSelect
✨Know Your Regulations
Make sure you have a solid understanding of FCA regulations and Consumer Duty initiatives. Be prepared to discuss how these regulations impact the business and share examples of how you've applied them in your previous roles.
✨Showcase Your Experience
With 4+ years of compliance experience, highlight specific instances where you've successfully led compliance projects or initiatives. Use metrics or outcomes to demonstrate your impact in previous positions.
✨Promote a Compliance Culture
Be ready to discuss how you can foster a compliance-driven culture within the organisation. Share ideas on training and guidance you could provide to promote compliance awareness among employees.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's compliance framework and future goals. This shows your genuine interest in the role and helps you assess if the company aligns with your values and career aspirations.