Compliance Business Partner in Cambridge

Job Description

Title: Compliance Business Partner

Salary: £38,000 – £42,000 per year

Schedule: Monday – Friday

Hybrid but flexible for the right candidate

Responsibilities

• Support the promotion of a risk and compliance-aware culture across the organisation.
• Deliver the Compliance Monitoring Plan, producing detailed monitoring reports, testing papers and maintaining accurate records.
• Work with business to resolving any gaps, weaknesses identified via compliance monitoring
• Support Head of Compliance in the provision of related MI
• Draft and update internal policies, compliance reports, and procedural documents.
• Perform regulatory and industry horizon scanning, assess impact, and support implementation of relevant legislation.
• Conduct relevant gap analysis and establish and maintain detailed records of horizon scanning related work
• Work with Head of Compliance to product regulatory updates to business outlining emerging regulatory trends
• Identify areas for improvement in regulatory and risk procedures, contributing to high-quality compliance documentation.
• Support the design and delivery of regulatory training and manage compliance attestations.
• Prepare periodic FCA regulatory reporting and respond to ad-hoc regulatory queries.
• Conduct due diligence on suppliers, clients, and customers.
• Provide regulatory input on business change and transformation projects.
• Escalate significant compliance issues promptly.
• Support the management of complaints and risk events.
• Assist in anti-money laundering and financial crime monitoring.
• Prepare reports and documentation for Governance Committees, and the Board.
• Support the Head of Compliance in all related risk and compliance matters

Person Specification

• Ability to be a team player
• Experience in risk and compliance within financial services (FCA-regulated), specifically consumer credit
• Practical experience in assurance/monitoring work re Consumer Duty & AML
• Confident interpreting regulation and advising the business
• Excellent written and verbal communication skills
• A proactive mindset with strong attention to detail
• Experience working with senior stakeholders

Desirable:

• Exposure to Regulatory reporting
• A keenness to establishing new frameworks, processes etc

Qualifications (preferred)

• Compliance/AML related qualification

Regulatory Responsibilities

In addition to any specific regulatory obligations, this role is subject to the FCA’s Conduct Rules under the Senior Managers and Certification regime (SM&CR). All employees both permanent and temporary are expected to:

• Act with integrity
• Act with due skill, care and diligence
• Be open and cooperative with the FCA and other regulatory bodies
• Pay due regard to the interests of customers and treat them fairly
• Observe proper standards of market conduct AND

Employees must also act to deliver good outcomes for retail customers, in line with the Consumer Duty introduced in July 2023

Benefits:

• Company pension
• Employee discount
• Health & wellbeing programme
• Private medical insurance

Please inform us if you have a disability that will require any reasonable adjustments for the interview/recruitment process or job role (working in-person from the office) ?