Regulatory Compliance Risk Specialist in Birmingham

Join a high-profile, Central Compliance team where your expertise will directly influence how the UK's largest retail bank delivers regulatory compliance excellence across the Group.

About this opportunity

Within the Risk function are a number of sub-functions, one of those being Compliance, Conduct & Operational Risk ("CCOR"). The team has a range of responsibilities, all focused around establishing and overseeing the tools and programs for the Group to follow rules and regulations and evidence that compliance. Specifically, this is a sub-team of three who are the subject matter experts for a number of regulatory activities and risks including: Regulatory Authorisations, Permissions and Waivers; Non-Financial Regulatory Reporting; CASS; Depositor Protection; and Cross Border Activity.

Day to day, you will:

• Provide robust second line oversight of the effective functioning of the regulatory compliance policy, including its effective implementation, the embedding of control standards and functioning of core processes.
• Lead and deliver thematic reviews and deep dives for regulatory compliance risks for specific areas of concern identifying emerging trends, control weaknesses and areas requiring attention.
• Identify regulatory changes and coordinate regulatory traceability through policies. Communicate such regulatory changes and support business in impact assessment and capability development as required.
• Oversight of business assurance plans and activities, including control testing.
• Provide advice, guidance and support to collaborators around embedding and operating Compliance practices, including guidance on tools/systems where relevant.
• Support the ongoing evolution of regulatory compliance policy and associated standards, and coordinate embedding these across the Group.
• Oversight of the delivery of action and remediation plans against specified issues; including advice/guidance or hands-on roles in case of regulatory action or breach remediation.
• Use data driven insight to identify emerging risks, trends and thematic issues to prevent regulatory compliance risk materialising. Share findings with the business and other risk specialists to drive continuous improvement across the risk and control environment.
• Participate in business and functional governance forums where required, providing review and challenge, and raising any issues where required.

What you'll need:

• We're looking for a compliance professional with a minimum of 5 years' experience in a Regulatory Compliance environment in Banking, who can quickly establish credibility, operate independently and bring strong regulatory judgement.
• Experience in one or more of the following: Regulatory Permissions and Reporting, CASS, Cross Border and Depositor Protection Schemes.
• Technical regulatory expertise including a proven ability to interpret and apply regulatory frameworks - specifically providing advice and guidance on FCA SYSC and SUP in a practical business context.
• Analytical thinking and judgement - specifically performing high-quality insightful second line oversight.
• Communication and Interpersonal effectiveness - ability to operate autonomously, manage competing priorities and build credibility with collaborators.
• Partnership and cooperation: Working collaboratively with others.
• Problem-solving and critical thinking skills - specifically helping the business to identify the right solutions.
• Excellent written and oral communication skills.

And any experience of these would be really useful:

• Understanding of risk management frameworks.
• Experience of using data to identify trends and emerging compliance risks.

We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply!

This is a place for you. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%.
• An annual performance-related bonus.
• Share schemes including free shares.
• Benefits you can adapt to your lifestyle, such as discounted shopping.
• 30 days' holiday, with bank holidays on top.
• A range of wellbeing initiatives and generous parental leave policies.

Like what you hear? Join us!