At a Glance
- Tasks: Deliver compliance monitoring reviews and assess adherence to FCA regulations.
- Company: A leading online loan provider transforming the lending landscape.
- Benefits: Hybrid working, performance bonuses, dental insurance, and generous holiday allowance.
- Other info: Commitment to your professional development and career growth.
- Why this job: Join a mission-driven team making finance fairer for everyone.
- Qualifications: Experience in compliance monitoring and strong report-writing skills required.
The predicted salary is between 50000 - 60000 £ per year.
We aim to give lines of credit to those whom mainstream lenders have neglected. With over 20 years of operation nationwide, we have helped hundreds of thousands of customers and the business has transformed from a traditional high-street lender to a multi-channel, online loan provider. We are regulated by the Financial Conduct Authority and fully compliant with our obligations under Consumer Duty. We understand the importance of providing fair and transparent products and services as the key to unlocking a prosperous future for the business. We will continue to adapt, improve, and implement changes where required to improve our people, the business, and the overall quality of our customer experience.
Reporting to the Head of Compliance, the Compliance Monitoring Analyst is responsible for delivering the organisation's risk-based Compliance Monitoring Programme. The role provides independent assurance that the business complies with FCA regulatory requirements and Consumer Duty obligations by assessing both process adherence and customer outcomes, identifying regulatory risks and opportunities for improvement, and supporting a strong culture of compliance.
- Deliver risk-based compliance monitoring reviews in accordance with the annual Compliance Monitoring Plan.
- Assess compliance with FCA rules, Consumer Duty requirements, internal policies and procedures.
- Produce high-quality monitoring reports that clearly articulate findings, risks and recommendations.
- Present findings to senior stakeholders confidently and provide constructive challenge where regulatory risks are identified.
- Identify emerging trends and thematic issues and recommend process improvements to reduce regulatory risk and improve customer outcomes.
Experience within a Compliance Monitoring, Quality Assurance or Outcome Testing role.
Experience within consumer credit, financial services or regulated lending.
Strong report-writing skills.
Previous experience conducting outcome testing.
ICA, CISI or equivalent compliance qualification.
Bonus: £300 per month, upon qualification of 6-month probation.
Hybrid Working Scheme.
Performance Dependent Bonus.
Dental Insurance.
Up to 33 days holiday inclusive of UK Bank Holidays.
Accrued Holiday Sellback and Carryover Scheme.
Life Insurance Cover.
Employee Assistance Programme.
Refer-a-friend Scheme.
Commitment to your Professional Learning and Development.
Senior Analyst, Insurance Risk in Putney employer: Loans 2 Go Limited
As a leading provider of financial services, we pride ourselves on being an excellent employer that values transparency, compliance, and employee growth. Our hybrid working scheme, generous holiday allowance, and commitment to professional development create a supportive work culture where every team member can thrive. Join us in making a meaningful impact by helping those underserved by traditional lenders while enjoying a rewarding career in a dynamic and evolving environment.
