At a Glance
- Tasks: Provide regulatory advice and ensure compliance across Equifax's UK operations.
- Company: Join Equifax, a leader in data and analytics with a collaborative culture.
- Benefits: Enjoy 26 days holiday, flexible working, and comprehensive health benefits.
- Other info: Exciting opportunity with excellent career growth and a supportive team.
- Why this job: Make a meaningful impact while developing your skills in a dynamic environment.
- Qualifications: Strong compliance experience in FCA regulated environments is essential.
The predicted salary is between 40500 - 49500 £ per year.
Equifax is where you can power your possible.
If you want to achieve your true potential, chart new paths, develop new skills, collaborate with bright minds, and make a meaningful impact, we want to hear from you.
The UK Privacy, Risk and Compliance team, part of the Global Privacy & Compliance team, is responsible for supporting the business in complying with both regulatory requirements and expectations, and the principles and standards set out by Equifax.
This is a 12-month secondment/FTC opportunity for either a P2 (Compliance Consultant) or P3 (Compliance Business Partner), reporting directly to the Compliance Director.
You will provide regulatory oversight across Equifax, with responsibility for providing compliance advice to key stakeholders and conducting monitoring to ensure we are compliant with Financial Conduct Authority (FCA) requirements.
This is an exciting opportunity with a broad remit that can be based in our London, Leeds, Nottingham or Wexford offices.
We believe great things happen when teams connect.
Our schedule is built around 4 days of high-impact, in-office collaboration (Monday-Thursday), paired with Friday Flexibility to wrap up your week remotely.
What you'll do
- Provide regulatory advice and guidance to our UK business focusing on the direct to consumer (D2C) business 'Consumer Solutions', Open Banking, Complaints, Consumer Product Development, Marketing, Sales and Transformation programmes.
- Support the development of the UK mandatory compliance induction and annual training.
- Provide input into the Compliance Risk Universe and Monitoring Plan, taking a lead on Compliance Monitoring reviews to identify areas of risk and support the business in finding effective solutions.
- Raise conduct and compliance risk awareness.
- Support the Compliance Director and wider leadership team with queries or issues raised by the FCA, ICO or other relevant regulators.
Strong compliance experience (or equivalent) working in an FCA regulated environment.
- Good knowledge of Financial Services - such as Consumer Credit, Banking & Insurance.
- Strong understanding of FCA requirements including Consumer Duty, PRIN, COND, DISP, CONC and SYSC; the ability to apply these pragmatically and in the context of business risk.
- Strong knowledge and understanding of conduct and/or regulatory risk, particularly with regards to controls/MI/governance, business strategy, product lifecycle, policies and defining risk metrics/appetites.
- An ability to dig below the surface to understand context, materiality and root causes.
- Experience in assurance and controls testing, identifying areas of risk and finding pragmatic solutions.
- Good track record in understanding business models, associated risks and partnering senior business stakeholders.
- Good experience of digging below the surface and understanding the context and materiality of risks.
- There is an expectation of more proactive constructive challenge and independent stakeholder management for the P3 role, whereas the P2 will focus more on supporting the operational implementation and monitoring tasks.
- What could set you apart
- Credit reference agency knowledge
- Debt services knowledge
- Open banking knowledge
Benefits
- contributory pension
- life cover
- income protection
- healthcare
- enhanced maternity and sick pay
- 26 days holiday
- a day off for your birthday
- with the ability to buy and sell and free credit checks
- cycle to work
- discounted travel options
- gym membership
- dining and leisure discounts
- financial & savings plans
- mobile discounts
- #J-18808-Ljbffr
Compliance Officer in City of Westminster employer: Equifax
Equifax is an exceptional employer that empowers its employees to reach their full potential while fostering a collaborative and innovative work culture. As a Business Development Manager, you will enjoy a comprehensive benefits package, including flexible working options, generous holiday allowances, and extensive personal development opportunities through our global learning platform. Join us in London, where you can make a meaningful impact in the fraud and identity solutions space while being supported by a diverse and inclusive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer in City of Westminster
✨Dive into Industry Groups
Join compliance and risk management groups on platforms like LinkedIn and Facebook. These communities often share temp job postings and insights. You’d be surprised at how many temporary gigs float around through word of mouth!
✨Showcase Your Expertise
Consider creating content on compliance topics that get you noticed—think LinkedIn articles or even a blog. This not only shows off your knowledge but can grab the attention of companies like Equifax when they’re searching for someone to fill a temporary position.
✨Tap into Recruitment Agencies
Reach out to recruitment agencies that specialise in compliance and risk roles. They’re usually in touch with companies looking to fill temporary roles, which can save us a lot of time in our job search.
✨Go Local with Networking
Attend local compliance and risk seminars or workshops. Meeting professionals in our area can open up temp opportunities, and it’s a great way to make your face known in the industry—plus, you might even meet someone from Equifax!
We think you need these skills to ace Compliance Officer in City of Westminster
Some tips for your application 🫡
Show Your Compliance Know-How:When you’re applying for a compliance-risk role like Compliance Officer, make sure to highlight your understanding of industry regulations and risk management principles. Mention any relevant coursework, certifications, or projects that showcase your expertise in these areas—it's what sets you apart!
Highlight Your Analytical Skills:In the compliance-risk field, strong analytical skills are essential. Talk about your experiences that required critical thinking and data analysis, whether in past roles, internships, or academic projects. Show us how you've identified risks and implemented solutions in the past.
Tailor Your CV for the Temporary Role:Since this is a temporary role, focus on your availability and flexibility in your CV. Highlight any previous short-term roles or projects that demonstrate your ability to adapt quickly and deliver results in a fast-paced environment. This helps employers see you as an easy fit in their team!
A Concise Cover Letter is Key:Keep your cover letter short and focused! Explain why you're interested in the compliance-risk area specifically for this temporary position at Equifax. Mention what you hope to learn and achieve, showing your enthusiasm and motivation to contribute positively during your time there.
How to prepare for a job interview at Equifax
✨Know Your Compliance Basics
Make sure you're clued up on the key compliance and risk regulations pertinent to the industry you're applying to. Understanding frameworks like GDPR or AML will not only impress but also show that you’re ready to hit the ground running in your temporary role at Equifax.
✨Prepare for Scenarios
Expect scenario-based questions that test your problem-solving skills. They might ask how you'd handle a specific compliance issue. Think through real situations you’ve encountered in past roles or study hypothetical cases to showcase your analytical skills and practical judgement during the interview.
✨Highlight Your Adaptability
Since this is a temporary position, emphasise your ability to adapt quickly to new environments and team dynamics. Share examples of how you’ve successfully adjusted to changes in past roles and how this flexibility can benefit Equifax in the short term.
✨Gather Your Technical Tools
Familiarise yourself with commonly used compliance tools or software, as they might come up in the interview. If you've used tools for risk assessments or compliance tracking, mention those and be ready to discuss how they can streamline processes at Equifax.
