At a Glance
- Tasks: Oversee compliance and manage regulatory risks in property finance operations.
- Company: Join LendInvest, the UK's leading FinTech platform for property finance.
- Benefits: Enjoy a competitive salary, hybrid working, and generous holiday allowance.
- Other info: Be part of a diverse team that values community and personal growth.
- Why this job: Make a real impact in financial crime prevention while growing your career.
- Qualifications: Experience in compliance or risk within UK financial services is essential.
The predicted salary is between 56700 - 69300 £ per year.
LendInvest is the UK’s leading FinTech platform for property finance. Over the past 18 years, we have grown from just our two founders to a team of over 200 working to make property finance simple for everyone. A workplace culture built around trying new things, getting things done, and having fun while we do it has helped us lend more than 10 billion of mortgages, put thousands of new or improved homes into the UK housing market, and successfully launch on the London Stock Exchange. We have big plans to continue growing the business, our products, our technology, and our people. We operate a hybrid working policy across our business to ensure we offer flexibility that is balanced with in-person collaboration. Our teams spend three days per week in the office and two days working remotely.
The Compliance Manager is an experienced and diligent position responsible for providing specialist second-line oversight and challenge to the critical Loan Servicing operations and the wider business. This role is instrumental in managing key regulatory risks, ensuring adherence to anti-money laundering (AML) and financial crime standards.
Key responsibilities:
- Regulatory & Financial Crime Oversight
- Second Line AML Referrals: Act as a key escalation point for complex second-line AML referrals arising from the Servicing team, providing expert guidance, challenge, and sign-off on decisions related to customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring.
- Bank of England (BOE) Oversight: Manage and coordinate the Compliance team's oversight of submissions and regulatory interactions concerning the Bank of England (BOE), ensuring accuracy and timeliness as it relates to Servicing data.
- REGDATA Oversight: Own the Compliance oversight process for reporting obligations, specifically reviewing and challenging data accuracy and control performance related to payment services.
- Overpayment Requests - SOF/SOW Checks: Implement and manage the second-line review of overpayment requests, including handling ad-hoc referrals from the Servicing team for complex or high-risk Source of Funds (SOF) and Source of Wealth (SOW) checks.
- Conducting retrospective sampling of completed overpayment transactions to test the effectiveness of first-line AML/Financial Crime controls.
- Risk and Control Management
- Risk and Control Management: Oversee and challenge the design and operating effectiveness of the Servicing function's key regulatory controls. This includes maintaining the Servicing regulatory risk register and ensuring adequate mitigation for identified risks through Testing.
- Policy Exceptions: Review, challenge, and formally approve/reject requests for policy exceptions raised by the Servicing team, ensuring decisions are aligned with the firm's risk appetite and regulatory requirements.
- Consumer Duty and Conduct
- Oversight of Consumer Duty Scorecard: Take ownership of the second-line review of the Servicing Consumer Duty scorecard. Challenge the quality and integrity of data and metrics used, and drive remediation actions where consumer outcomes are falling short of expectations.
- Overall Regulatory Compliance: Provide subject matter expertise on the overall regulatory compliance requirements for the loan servicing lifecycle (e.g., arrears management, collections, customer communications, conduct rules).
- Specialised Servicing Activities
- Special Servicing Oversight: Provide enhanced regulatory oversight for Special Servicing activities (e.g., complex restructures, forbearance, litigation, arrears management), ensuring all actions are compliant, fair, and adhere to appropriate conduct standards.
- Financial Crime Governance and Strategy
- Policy and Controls: Own and continually assess the adequacy and effectiveness of the firm’s AML, Counter-Terrorist Financing (CTF), Sanctions, and Anti-Bribery & Corruption (ABC) policies, controls, and procedures.
- Independent Oversight: Maintain sufficient seniority and authority to challenge management and the First Line of Defence (1LOD) decisions or practices that may expose the firm to undue financial crime risk.
- Reporting, Submissions, and Liaison
- Board Reporting: Provide regular, comprehensive, and clear reports to the Board and Executive Committee on the firm's financial crime risk profile, control effectiveness, resource adequacy, and any material incidents.
- Regulatory Liaison: Act as the secondary point of contact for the FCA and law enforcement agencies (e.g., NCA) on all financial crime matters, responding to requests for information and managing any supervisory queries or reviews.
- Operational Oversight and Challenge
- High-Risk Approvals: Provide expert guidance and sign-off on high-risk customer approvals, including complex Beneficial Ownership Structures and Politically Exposed Persons (PEPs), ensuring appropriate Enhanced Due Diligence (EDD) has been completed.
- Transaction Monitoring: Provide second-line oversight and challenge.
- Training & Awareness: Oversee and challenge the design and delivery of Financial Crime training for all staff, ensuring it is tailored to the specific risks of their roles and the firm's business model.
About you
Essential: Proven experience in a Compliance, Risk, or Audit role within the UK financial services sector, with specific exposure to mortgage/loan servicing. Expert knowledge of UK financial services regulation, including the FCA Handbook (CONC, MCOB - this is essential), PSD2, and AML regulations (MLR 2017, JMLSG Guidance). Deep practical understanding of the Consumer Duty and its application to post-sale customer interactions. Demonstrable experience in a senior financial crime prevention role and a track record of submitting high-quality SARs. Proven ability to interact and influence at the Board and Executive level, providing clear, decisive, and actionable advice. Excellent analytical skills and strong stakeholder management skills, capable of providing constructive challenge to senior operational leaders.
Benefits & perks
- Competitive salary + company bonus scheme
- Hybrid working policy
- 25 days holiday (increasing with the length of service)
- Private healthcare
- Enhanced parental leave
- Matched pension contributions up to 4%
- Critical illness cover
- Employee Assistance Programme & Mental Health support
- Life assurance
- Regular performance reviews to promote a culture of growth and development
- Leadership training for managers
- Give as you earn scheme for charitable donations
- Support for attending conferences and professional learning & development
- Discounts via Perkbox
- Cycle to work scheme
- YellowNest Childcare
- Electric car loan scheme
- Monthly socials & annual offsite
Diversity, Inclusion & Belonging at LendInvest
At LI we believe in bringing your whole selves to work, we are committed to a culture of belonging where individuals can form a genuine community. We are proud to be an equal opportunities employer and are committed to building a team that represents a variety of backgrounds, perspectives and skills. We are happy to discuss and implement reasonable adjustments to support candidates throughout the recruitment process.
Compliance Manager employer: LendInvest
LendInvest is an exceptional employer, offering a vibrant workplace culture that encourages innovation, collaboration, and enjoyment in our work. With a strong focus on employee growth, we provide comprehensive benefits including a competitive salary, hybrid working options, and extensive professional development opportunities, all while being part of a leading FinTech platform that is transforming property finance in the UK.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Manager
✨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 LendInvest looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Manager
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 LendInvest. 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 LendInvest
✨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 LendInvest’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
