At a Glance
- Tasks: Support compliance monitoring and assess adherence to regulatory requirements in a dynamic environment.
- Company: Join a leading financial services firm with a strong commitment to compliance and ethics.
- Benefits: Competitive pay, professional development opportunities, and a supportive team culture.
- Other info: Opportunity for career growth and to work on strategic initiatives.
- Why this job: Make a real impact by promoting compliance and fair treatment of customers.
- Qualifications: Experience with FCA and PRA regulations, strong communication skills, and attention to detail.
The predicted salary is between 37800 - 46200 £ per year.
- End Date: 18 Month FTC
- Payroll provider: Rockford Payroll
“Deloitte sets the requirements for the assignment.
Rockford Resourcing acts as the agency on behalf of Deloitte and is responsible for sourcing candidates to fulfil the assignment.
Successful candidates will be employed by Rockford Payroll.
Rockford Payroll is responsible for the Associate’s employment, pay and applicable employment-related processes.”
The Role
To support the Compliance function in delivering the Compliance Monitoring Programme by assessing management, functions and locations’ adherence to relevant regulatory requirements, including FCA, PRA and other applicable European and global rules and regulations.
The role also involves conducting specialist regulatory project work and resolving technical issues escalated by the business.
Key Responsibilities
- Assist in identifying compliance risks and maintaining the Compliance Risk Register.
- Support delivery of the Compliance Monitoring Programme and produce time-bound monitoring reports for governance committees.
- Follow up on control deficiencies and agreed corrective actions with relevant stakeholders and business units.
- Review compliance-related policy letters, policy statements and procedures in line with corporate standards and guidelines.
- Contribute to monthly committee data packs following completion of compliance monitoring reports.
- Maintain open and effective communication with business units to provide practical compliance advice.
- Monitor and support closure of compliance issues, operational risk events, regulatory breaches and related actions.
- Support cross-functional teams on strategic initiatives and business projects, advising on regulatory compliance implications.
- Promote a strong compliance culture and support fair treatment of customers across the business.
Experience & Skills Required
- Demonstrated experience interpreting and applying FCA and PRA rulebooks, the Consumer Credit Act, and other relevant regulatory requirements.
- Strong understanding of the regulatory environment and associated risks within a financial services/banking context.
- Excellent organisational skills with the ability to manage multiple priorities simultaneously.
- Outstanding oral and written communication skills, with the ability to produce accurate, high-quality reports.
- Ability to analyse and manipulate large volumes of information, including management data, customer files, internal procedures and regulatory outputs, and convert this into clear findings and recommendations.
- Good technical knowledge of financial products and services, including those offered through dealer networks and related service centre operations.
- Knowledge of insurance, marketing, financial promotions and complaints handling processes.
- High attention to detail, diplomacy and integrity.
- Understanding of what fair treatment of customers means and the ability to apply this consistently.
- Desirable: experience working with or for a regulatory body such as the FCA or FOS.
- Desirable: willingness to study towards a recognised financial services qualification.
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Compliance Monitoring Specialist employer: Deloitte - Recruitment
Join a leading financial services organisation in Basildon, where we prioritise compliance and regulatory assurance in a supportive hybrid work environment. Our culture fosters professional growth through continuous training and development opportunities, ensuring you can thrive in your role as a Remediation Compliance Specialist. With a commitment to employee well-being and a collaborative atmosphere, we offer a unique chance to make a meaningful impact while enjoying the flexibility of working from home.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Monitoring Specialist
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Deloitte - Recruitment looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Monitoring Specialist
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Deloitte - Recruitment. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Deloitte - Recruitment
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Deloitte - Recruitment’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
