At a Glance
- Tasks: Ensure compliance with FCA, PRA regulations, and UK GDPR while supporting the team.
- Company: A passionate building society dedicated to customers, communities, and employees.
- Benefits: Competitive salary, supportive work culture, and opportunities for professional growth.
- Other info: Dynamic role with opportunities to influence processes and procedures.
- Why this job: Join a team that values compliance and makes a real difference in the community.
- Qualifications: Experience in compliance within financial services and strong communication skills.
The predicted salary is between 40000 - 50000 £ per year.
We will be there, when you need us - this is the heart of our Strategy for becoming the building society of choice for our customers. Passionate about our brand, we're eager to showcase our genuine and sincere dedication to our customers, our communities, and our employees. 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.
Compliance Specialist employer: Dudley Building Society
As a Compliance Specialist at our building society, you will thrive in a supportive and inclusive work culture that prioritises employee well-being and professional growth. We offer comprehensive training programmes, opportunities for career advancement, and a commitment to community engagement, making us an exceptional employer for those seeking meaningful and rewarding employment in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Specialist
✨Tip Number 1
Network like a pro! Reach out to people in the compliance field, especially those who work at companies you're interested in. A friendly chat can open doors and give you insider info on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA and PRA regulations. We want to see that you're not just familiar with compliance but passionate about it. Show us how you can contribute to our mission!
✨Tip Number 3
Tailor your approach! When applying through our website, make sure your application reflects your understanding of our values and how you can help us deliver on our promise to customers and communities.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in our minds as we make decisions.
We think you need these skills to ace Compliance Specialist
Some tips for your application 🫡
Show Your Passion:When writing your application, let your enthusiasm for compliance and the financial services sector shine through. We want to see how passionate you are about ensuring our Society meets all regulatory standards.
Tailor Your CV:Make sure your CV highlights your experience in compliance functions and your knowledge of UK regulatory requirements. We love seeing candidates who can directly relate their skills to what we do here at StudySmarter.
Be Clear and Concise:In your written application, clarity is key! Use straightforward language and get straight to the point. We appreciate applications that are easy to read and understand, so avoid jargon where possible.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the Compliance Specialist role. We can’t wait to hear from you!
How to prepare for a job interview at Dudley Building Society
✨Know Your Regulations
Make sure you brush up on the latest FCA and PRA regulations before your interview. Being able to discuss specific compliance standards and how they apply to the role will show that you're not just knowledgeable, but genuinely interested in the position.
✨Showcase Your Stakeholder Skills
Prepare examples of how you've effectively managed stakeholders in previous roles. Think about times when you had to communicate complex compliance issues clearly and concisely. This will demonstrate your excellent communication and interpersonal abilities.
✨Be Ready to Discuss Compliance Monitoring
Expect questions about how you would develop and deliver compliance monitoring reports. Have a few strategies in mind that highlight your ability to create focused and efficient report scopes, as this is a key responsibility of the role.
✨Demonstrate Your Multitasking Ability
Since the role requires multitasking, prepare to discuss how you've successfully juggled multiple projects or responsibilities in the past. Use specific examples to illustrate your organisational skills and ability to prioritise tasks effectively.
