At a Glance
- Tasks: Ensure compliance with FCA and PRA regulations while advising on processes.
- Company: Join a passionate building society dedicated to customers and communities.
- Benefits: £50,000 salary, 30 days holiday, flexible working, and life assurance.
- Other info: Recognised as a Great Place to Work with excellent career growth opportunities.
- Why this job: Make a real impact in a supportive environment that values diversity.
- Qualifications: Experience in compliance within financial services and strong communication skills.
We are seeking a knowledgeable and enthusiastic Compliance Specialist to join our team. The successful candidate will be responsible for delivering the compliance oversight plan which is an agreed set of reviews of the Society's compliance with a range of applicable FCA and PRA regulations whilst also keeping in mind UK GDPR.
Key Responsibilities:
- Develop the annual regulatory compliance assurance plan
- Developing focused, proportionate and efficient compliance monitoring report scopes
- Deliver effective compliance monitoring reports
- Effective follow up of recommendations
- Provide advice and guidance to the business in developing processes and procedures to ensure the Society is compliant with all regulatory, legal, statutory and professional duties.
What we're looking for:
- Experience working in a compliance function in the financial services sector.
- In-depth knowledge of UK regulatory requirements and compliance standards.
- Good stakeholder management skills
- Excellent communication and interpersonal abilities.
- Ability to multitask, prioritize, and manage time effectively.
- Attention to detail and analytical mindset.
- Previous experience in regulatory roles holding certified status would be preferable.
In Return
- Salary £50,000 per annum (FTE) depending on experience
- Intelligent working practices enabling you a mix of office and home working, depending on business needs
- Basic holiday of 30 days + Bank holidays + Moments that matter days (Think birthdays, weddings + time off to getting the keys to a new house or welcoming a grandchild!)
- Pension contribution of up to 8% of salary
- Life assurance 4 x salary
We're recognised as a Great Place to Work, and there's a reason for that. Check out our careers page for more information about what it's like to join The Dudley team, who we are, what drives us, and why you should join.
Diversity and Inclusion
Our workplace culture respects, welcomes, and supports diversity and inclusion, empowering our People to embrace being a fundamental part of everything we are, and everything we aim to be. We treat everyone with the dignity and kindness they deserve, and strive to encourage and celebrate all the things that make each of us unique.
Compliance Specialist in Birmingham employer: Dudley Building Society
At The Dudley, we pride ourselves on being a Great Place to Work, offering a supportive and inclusive culture that values diversity and empowers our employees. As a Compliance Specialist, you'll enjoy intelligent working practices with a blend of office and home working, generous holiday allowances, and a commitment to your professional growth within the financial services sector. Join us in making a meaningful impact for our customers and communities while enjoying a rewarding career in a dynamic environment.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Specialist in Birmingham
✨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 Dudley Building Society looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Specialist in Birmingham
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 Dudley Building Society. 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 Dudley Building Society
✨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 Dudley Building Society’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
