Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our team to ensure compliance with regulations and assist in monitoring and investigations.
- Company: We're a leading insurance client focused on growth and regulatory excellence.
- Benefits: Enjoy a hybrid work model with flexibility and a supportive team environment.
- Why this job: Make a real impact by keeping customers at the heart of our business while developing your skills.
- Qualifications: Looking for detail-oriented individuals with a strong work ethic and knowledge of compliance.
- Other info: This is a permanent role with opportunities for professional growth.
The predicted salary is between 36000 - 60000 £ per year.
Molo is an award-winning fintech disrupting the mortgage industry. Since launching in 2018, we\’ve led change in the UK mortgage market and have provided over £2 billion in mortgage applications submitted through our platform.
Our goal is to overhaul the mortgage experience and bring it firmly in line with other modern, customer-centric financial services. With a tech-first approach, we deliver simpler, faster mortgage lending that replaces cumbersome processes with near real-time decisions.
We\’ve won several awards for \’Best Digital Mortgage Lender\’ at the Fintech Awards and \’Best Online Mortgage Lender\’ at the Lending Awards. Molo is a wholly-owned subsidiary of ColCap and is regulated by the UK\’s Financial Conduct Authority.
For more information about Molo Finance, visit www.molofinance.com.
About the role: **Can be located in Birmingham or London**
This is an opportunity for an initiative-taking, curious individual who has the ability to manage multiple tasks effectively. You will be supporting the Head of Compliance / MLRO with the effective implementation of a robust risk and compliance framework, ensuring adherence to regulatory requirements and internal policies. This role offers a chance to contribute significantly to promoting a compliance and risk culture within the organisation.
Your day-to-day responsibilities will include a variety of tasks from providing administrative support, maintaining company documents, conducting assessments, overseeing complaints, supporting strategic initiatives, liaising with new starters and delivering risk and compliance inductions, to identifying opportunities for process improvements.
Key responsibilities:
Risk Management:
- Support the risk and control and assessment processes by collecting and organising data, performing risk assessments, root cause analysis, and helping to identify potential risks and vulnerabilities across the various business units.
- Maintain and update the risk register.
- Collaborate with all business areas to develop strategies and tactics for mitigating identified risks and enhancing the firm\’s overall risk management framework.
- Monitor and evaluate the effectiveness of the risk and compliance framework and policies, and recommend improvements as needed.
Compliance:
- Assist in the preparation, review and maintenance of company policies, compliance documentation and manuals, reports, and records.
- Horizon monitoring – keep abreast of changes in relevant regulations, industry standards and best practices.
- Provide review and approval of financial promotions ensuring compliance with Consumer Duty regulations and MCOB.
- Contribute to the development and delivery of compliance and risk training programs.
- Oversee the implementation and effectiveness of the annual training programme.
- Manage any Compliance queries that are generated by the organisation in a timely and accurate fashion.
- To provide SME compliance input into developments, including product launches, distribution and systems development.
- Contribute to the delivery of the Annual Compliance Monitoring Plan.
- Reporting to management on levels of Compliance Assurance and/or any risks and issues arising from specific monitoring activity.
Your skills and experience
- At least 3 years’ experience in a risk and compliance capacity including some form of monitoring, checking or quality assurance, in the financial services sector.
- Sound knowledge of FCA, MCOB and financial crime regulation, including financial promotion approval.
- Strong analytical and problem-solving skills.
- Able to identify poor customer outcomes and make appropriate recommendations to drive change.
- Ability to work independently/self-supervised and as part of a small team.
Desirable
- Experience in Data Protection and knowledge of GDPR.
- Relevant professional qualifications.
Risk and Compliance Analyst employer: Molo
Contact Detail:
Molo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk and Compliance Analyst
✨Tip Number 1
Familiarize yourself with the latest FCA regulations and compliance standards. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the risk and compliance sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities.
✨Tip Number 3
Prepare to discuss real-life scenarios where you've identified or resolved compliance issues. Having concrete examples ready will showcase your problem-solving skills and practical experience.
✨Tip Number 4
Research our company culture and values at StudySmarter. Understanding what we stand for will help you align your answers during the interview and show that you're a great fit for our team.
We think you need these skills to ace Risk and Compliance Analyst
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Risk and Compliance Analyst position. Understand the key responsibilities and required skills, so you can tailor your application to highlight your relevant experience.
Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience you have in compliance, risk management, or regulatory roles. Use specific examples that demonstrate your ability to handle compliance monitoring and investigations.
Showcase Your Skills: Make sure to showcase your analytical skills, attention to detail, and knowledge of FCA regulations. Mention any relevant certifications or training that would make you a strong candidate for this role.
Craft a Strong Cover Letter: Write a compelling cover letter that explains why you are interested in the position and how your background aligns with the company's needs. Be sure to express your enthusiasm for working in a hybrid role and contributing to the team's success.
How to prepare for a job interview at Molo
✨Understand Regulatory Frameworks
Make sure you have a solid understanding of the FCA and other relevant regulatory requirements. Be prepared to discuss how these regulations impact the business and how you can help ensure compliance.
✨Showcase Your Analytical Skills
Be ready to provide examples of how you've identified and resolved compliance issues in the past. Highlight your ability to analyze data and report on breaches or near misses effectively.
✨Demonstrate Strong Communication Skills
Since the role involves liaising with Third Party Agencies, it's crucial to showcase your communication skills. Prepare to discuss how you would handle difficult conversations or negotiations with external parties.
✨Highlight Your Work Ethic
The job description emphasizes a high work ethic. Be prepared to share examples from your previous roles that demonstrate your commitment to compliance and your ability to meet deadlines under pressure.
