At a Glance
- Tasks: Monitor regulations, collaborate with teams, and design compliance solutions for clients.
- Company: Join SBS, a global leader in digital banking solutions for over 1,500 financial institutions.
- Benefits: Enjoy perks like private medical insurance, cycle to work scheme, and flexible holiday trading.
- Why this job: Be part of a dynamic team shaping the future of financial services while making a real impact.
- Qualifications: 5+ years in UK banking or compliance, strong presentation skills, and attention to detail required.
- Other info: We value diversity and inclusivity, welcoming applicants from all backgrounds.
The predicted salary is between 43200 - 72000 £ per year.
SBS works with more than 1,500 banks, building societies and specialized finance providers across more than 80 countries worldwide. We help them to develop, deliver and operationalise their digital transformation strategies. Using our suite of digital banking products and services enables these organisations to deliver remarkable financial services to their clients.
As Compliance Manager with SBS, you will be responsible for monitoring upcoming regulations, interpreting and assessing their impacts, and collaborating with the product team to design solutions that support our clients in meeting their regulatory obligations. We are looking for a professional from within lending and banking compliance, or with experience in interpreting financial regulations, who will assist customers and involve them through various methods, including presentations, forums, and workshops. Additionally, you will engage with external stakeholders such as regulatory or trade bodies.
What will the role involve?
- Maintaining a strong and comprehensive understanding of the regulatory environment impacting financial services
- Ensuring regulatory change is communicated both internally and externally via a range of methods such as workshops and newsletters
- Translating regulatory change into easily understandable business requirements and discussing and refining these with customers, third parties and colleagues
- Assisting with the design and implementation of our software solutions by answering regulatory-based queries
- Supporting with market analysis to identify opportunities to enhance our compliance offering
- Working hand in hand with the Product Managers to build the product roadmaps, ensuring the relevant regulations and timelines are adhered to
- Providing a point of reference for the business and clients when addressing regulatory change
- Maintaining active engagement with the key industry and regulatory bodies
What are we looking for?
- Circa 5+ years’ UK banking/loans experience, or experience interpreting regulations and designing compliance solutions, preferably those impacting the mortgage and savings industry
- Strong customer interaction and presentation skills
- The ability to interpret regulations and translate them into business context
- Strong organisational skills and attention to detail
- An understanding of the political landscape affecting UK banking and financial regulations
What are we offering?
- Health & Wellbeing: Private Medical Insurance, access to Peppy (Menopause, Fertility, Baby, Men’s health, Women’s health Support), Health Cash Plan, Dental Insurance, Eye Care Vouchers, Flu Vaccinations
- Finance & Protection: Life Assurance, Critical Illness Cover, Pension Plan, Long Service Awards, Payroll Giving, Fleet car provider
- Leisure & Lifestyle: Cycle to Work Scheme, Holiday Trading, Travel Insurance
At our organization, we are committed to fighting against all forms of discrimination. We foster a work environment that is inclusive and respectful of all differences. All of our positions are open to people with disabilities.
Compliance Manager employer: SBS
Contact Detail:
SBS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Manager
✨Tip Number 1
Familiarise yourself with the latest UK banking regulations and compliance frameworks. This will not only help you understand the role better but also allow you to engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals in the compliance and banking sectors. Attend industry events or webinars to connect with potential colleagues and learn about current trends, which can give you an edge in your application.
✨Tip Number 3
Prepare to showcase your presentation skills by creating a mock presentation on a recent regulatory change. This will demonstrate your ability to communicate complex information clearly, a key aspect of the Compliance Manager role.
✨Tip Number 4
Research SBS’s products and services thoroughly. Understanding how they align with regulatory requirements will enable you to discuss how you can contribute to their compliance solutions effectively during the interview.
We think you need these skills to ace Compliance Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Compliance Manager at SBS. Familiarise yourself with the key tasks mentioned in the job description, such as monitoring regulations and collaborating with product teams.
Tailor Your CV: Highlight your relevant experience in banking or compliance, especially any roles that involved interpreting financial regulations. Use specific examples to demonstrate your skills in customer interaction and presentation.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the requirements of the role. Discuss your understanding of the regulatory environment and how your experience can help SBS support its clients effectively.
Showcase Your Communication Skills: Since the role involves engaging with external stakeholders and presenting information, ensure your application reflects strong communication skills. You might include examples of past presentations or workshops you've led.
How to prepare for a job interview at SBS
✨Know Your Regulations
Make sure you have a solid understanding of the current financial regulations, especially those affecting the mortgage and savings industry. Be prepared to discuss how these regulations impact compliance solutions and how you can help clients navigate them.
✨Showcase Your Presentation Skills
Since the role involves engaging with customers through presentations and workshops, practice your presentation skills. Be ready to demonstrate how you can effectively communicate complex regulatory changes in an understandable way.
✨Highlight Your Organisational Skills
Emphasise your ability to manage multiple tasks and maintain attention to detail. Discuss examples from your past experience where you successfully handled regulatory changes or compliance projects, showcasing your organisational prowess.
✨Engage with Stakeholders
Prepare to talk about your experience working with external stakeholders, such as regulatory bodies. Share specific instances where you collaborated with these entities to ensure compliance and how you maintained strong relationships with them.