At a Glance
- Tasks: Provide regulatory advice and ensure compliance across Equifax's UK operations.
- Company: Join Equifax, a leading global data analytics company with a collaborative culture.
- Benefits: Enjoy competitive salary, flexible work options, and extensive employee benefits.
- Other info: Opportunities for personal development and a supportive workplace culture.
- Why this job: Make a meaningful impact while developing your skills in a dynamic environment.
- Qualifications: Strong compliance experience in FCA regulated environments and knowledge of financial services.
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.
What experience you need:
- 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.
The Perks of being a Equifax Employee:
We offer a wide range of company supported benefits including contributory pension, life cover, income protection, healthcare, enhanced maternity and sick pay, 26 days holiday and a day off for your birthday, with the ability to buy and sell and free credit checks. We also offer flexible benefits ranging from cycle to work, discounted travel options, gym membership, dining and leisure discounts, financial & savings plans, mobile discounts plus much more!
We also support personal development and have a range of learning options including our global online learning platform and allow you to bring your whole self to work supported by our Inclusion and Diversity, Wellbeing and Employee Engagement forums.
Are you ready to power your possible? Apply today, and get started on a path toward an exciting new career at Equifax, where you can make a difference!
Primary Location: GBR-London, GBR-Leeds-6-Wellington, GBR-Nottingham
Function: Function - Legal
Schedule: Full time
Compliance Officer in London 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 London
✨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 Equifax looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Officer in London
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 Equifax. 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 Equifax
✨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 Equifax’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
