At a Glance
- Tasks: Promote risk and compliance culture while conducting assessments and compliance testing.
- Company: Join Encore Capital Group, a global leader in specialty finance.
- Benefits: Employee-first approach with wellness initiatives, tuition reimbursement, and career growth opportunities.
- Other info: Inclusive workplace culture with a commitment to diversity and employee recognition.
- Why this job: Make a real impact by helping others restore their financial health.
- Qualifications: 1-3 years in compliance or legal fields; strong analytical and project management skills.
The predicted salary is between 29700 - 36300 £ per year.
The Risk and Compliance Analyst is responsible for promoting a culture of risk and compliance by executing the Company's risk and compliance strategy. Will perform compliance testing related to applicable regulatory requirements and evaluate enterprise risk through risk identification and analysis. Expected to identify, assess, and report on findings and process improvements noted during execution of testing and monitoring as well as present findings and results of testing to process owners and compliance management. Will have significant interaction with key business process personnel and management.
Responsibilities
- Design, plan, and conduct risk assessments around specific regulations and related processes.
- Perform compliance testing, work in conjunction with Risk Audit teams to validate compliance risks, audits, testing, reporting, and remediation.
- Evaluate compliance risk through analysis, risk identification, monitoring and consulting on various projects and initiatives.
- In partnership with Risk and Audit teams, assist on initiatives and special projects including monthly trend reporting, analyses of issues, performing root cause analyses, and remediation for issues not being addressed timely or completely to ensure compliance.
- Work with management to establish an appropriate compliance culture throughout the company such as: direct, on-going consulting with stakeholders, review and assessment of documents, business practices, and procedures including training content against compliance requirements.
- Promote understanding of key regulations by translating compliance and legal requirements into business requirements and by educating various business units and team members in applicable, relevant federal guidelines.
- Assist in the development and/or review policies and procedures, as appropriate.
- Maintain corporate compliance policies and review procedures to ensure the firm abides by the necessary rules and regulations.
- Assist with the preparation, coordination, and execution for regulatory examinations, bank audits, and regulatory action items through meeting attendance, information gathering, and issue follow-up; manage examinations including assisting regulators with understanding business functions and providing relevant information in partnership with Corporate Legal.
Education
- Required: Bachelor's
- Preferred: Risk Management, Business Administration, Accounting, Other Applicable Business, Liberal Arts or Science Degree
Language
- Required: English
Experience
- Required: 1-3 years of experience in compliance, legal field, and/or other related financial or corporate settings. Legal Research, Business or Technical Writing, Reporting, translating regulatory requirements into business requirements. Strong technical audit and/or compliance testing skills, advanced data and analytical skills, and strong project management skills to ensure they are able to conduct multiple projects and business interactions concurrently. Advanced Proficiency with Microsoft Word, Excel, PowerPoint, and Outlook or Cognos or other reporting tools. Understanding or exposure to risk or crisis management. Works well under pressure.
- Preferred: Prior experience in the collections/financial industry
What We Offer
We understand the important balance between work and life, fun and professionalism, and corporation versus community. We strive to support your career aspirations and provide the benefits you need to live a more fulfilling life. Our compensation and benefits programs were created with an 'Employee-First Approach' focused on supporting, developing, and recognizing YOU. We offer a wide array of wellness and mental health initiatives, support volunteerism, and environmental efforts, encourage employee education through leadership training, skill-building, and tuition reimbursements, and always strive to provide promotion opportunities from within. All these things are just a small way to show our employees that we recognize their value, we understand what is important to them, and we reward their contributions.
About Us
Headquartered in the United States, Encore Capital Group (Encore) is a publicly traded international specialty finance company operating in various countries around the globe. Through our businesses - such as Midland Credit Management and Cabot Credit Management - we help consumers to restore their financial health as we further our Mission of creating pathways to economic freedom. Our commitment to building a positive workplace culture and a best-in-class employee experience have earned us accolades including Great Place to Work® certifications in many geographies where we operate. If you have a passion for helping others and thrive at a company that values innovation, inclusion and excellence, then Encore Capital Group is the right place for you. Encore Capital Group and all of its subsidiaries are proud to be an equal opportunity employer and are committed to fostering an inclusive and welcoming environment where everyone feels they belong. We encourage candidates from all backgrounds to apply. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, disability status, or any other status protected under applicable law. Where applicable, will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application and/or interview process, as well as to perform essential job functions.
Risk and Compliance Analyst in Leicester employer: Encore Capital Group
Wescot Credit Services is an excellent employer for those looking to make a real difference in people's lives through financial wellness. With a supportive work culture that prioritises empathy and professional growth, employees benefit from a competitive salary, generous holiday allowance, and a structured training programme, all while enjoying the flexibility of hybrid working options in the vibrant city of Hull.
StudySmarter Expert Advice🤫
We think this is how you could land Risk and Compliance Analyst in Leicester
✨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 Encore Capital Group looking for candidates who are engaged and informed.
We think you need these skills to ace Risk and Compliance Analyst in Leicester
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 Encore Capital Group. 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 Encore Capital Group
✨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 Encore Capital Group’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!