This is a second-line role in the Compliance and Regulatory Affairs team which is part of the wider Risk function. We are at the forefront of complex regulatory change, providing specialist regulatory support, driving good outcomes and value for customers, stakeholders and the Society. With the integration of Virgin Money it is an exciting time to be joining Nationwide.
As a Compliance Advice Senior Consultant, you’ll play a key part in our compliance team, working on a diverse range of risk and compliance areas, influencing important initiatives and high-profile projects, supporting the end-to-end management of regulatory compliance. This includes enabling and overseeing the identification, interpretation and communication of regulations and supporting their subsequent management and implementation through policies & controls, tooling, and working with a variety of stakeholders across the lines of defence.
You’ll be using your risk management and compliance expertise, knowledge and experience to support the first-line business with their decisions, providing pragmatic advice and helping develop practical solutions for a range of regulatory topics in the Cross-Cutting team.
You’ll be familiar with risk management and wider key regulatory processes and be comfortable with reviewing and interpreting regulation.
At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.
For this job, you'll spend at least two days per week, or if part-time, you'll spend 40% of your working time, based at our Swindon office. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to hybrid working here.
Nationwide is committed to the redeployment of our employees impacted by change, as such applications for redeployment candidates will be prioritised in this recruitment process.
If you’re a colleague on long-term absence (for example, on parental leave) or a temporary worker, please use your personal email address to submit an application.
Responsibilities
What you’ll be doing
Working alongside others in the team, including a Senior Manager and a Head of Compliance Advice, you will oversee, manage and be the subject matter expert on the Regulatory Compliance Risk policy and its associated risks and controls. This includes ensuring alignment with the Group Risk Framework, assisting Functions with embedding of appetite, and coordination with other policy owning areas.
Working with colleagues across Compliance Advice, you will help ensure the effective identification, tracking and implementation of regulatory change, as well as helping to manage, develop and embed this end-to-end process. You will lead the development and administration of risk tools (inc. MetricStream and AI tools), to help enable compliance with regulation across the Society.
You will provide generalist regulatory expertise and advice to guide, support, validate and challenge business areas in conduct and compliance matters, with the opportunity to develop knowledge of specialist areas of regulation (such as regulation relevant to Treasury, regulatory permissions and fees).
You will support the effort to ‘join dots’ and deliver Compliance insights through relevant management information and reporting to and coordinating a range of stakeholders.
About you
We need someone who is self-motivated and organised, can quickly build strong relationships, and has the ability to work across a variety of areas, joining the dots between interrelated topics, risks, and workstreams across the Society. We’re looking for someone with a solid grounding in UK financial services regulation and risk management.
As a minimum you’ll have:
Knowledge of conduct regulation, FCA and PRA handbooks, and conduct & compliance policy frameworks, or a willingness to learn them.
A proven understanding of risk management methodologies, including previous experience of policy/framework engagement.
A proven ability to work with complex tooling, e.g. risk management, workflow, and AI programmes.
Ability to take on wide and varied tasks, requiring the quick absorption of different concepts and risk disciplines.
Strong communication and stakeholder management skills, both written and verbal. You’ll need to be confident meeting and presenting to multiple levels up to and including Director level.
Experienced in stakeholder management with staff from differing teams. You’ll need the agility to coordinate people from disparate or diverse areas on a single topic or project.
A naturally curious, flexible and inquisitive approach to work, willing to proactively question the status quo.
Excellent organisation and planning/time management skills and an ability to adapt to rapidly changing environments and diverse areas of engagement.
Personal drive and initiative, giving you the ability to seek out solutions and develop new knowledge quickly.
Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:
Feel what customers feel - We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind
Say it straight - We are brave in speaking out and saying what we think – we’re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand
Push for better - We don’t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development
Get it done - We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcomes
You can strengthen your application by showing how our customer first behaviours resonate with you, and where you may have already demonstrated these.
Qualifications
The extras you’ll get
There are all sorts of employee benefits available at Nationwide, including:
25 days holiday, pro rata
Access to private medical insurance
A highly competitive pension to help you build a strong foundation for retirement
Access to an annual performance-related bonus
Training and development to help you progress your career
A great selection of additional benefits through our salary sacrifice scheme
Life assurance to provide peace of mind for you and your loved ones in the event of your death
Wellhub – access to a range of free and paid options for health and wellness
Up to 2 days of paid volunteering a year
Banking – but fairer, more rewarding, and for the good of society
We forge our own path at Nationwide.
As a mutual, we’re owned by our members - those customers who bank, save or have a mortgage with us. We challenge the financial sector status quo. We don’t see customers as the engine of our own profit. We share our profits with them and put their needs first. Always there when they need us. Supporting them and their lives.
If you’re inspired by fairer finances, passionate about making a meaningful impact, and truly care about our customers, you’re one of us.
At Nationwide, you are challenged to grow and rewarded for doing so. Valued. Recognised. Inspired to be your best. As a community, we want our working lives to count. As a team, we celebrate what we achieve. As a standard-setter, we work for the good of customers, communities, and broader society.
We are purpose-driven. Uncompromisingly customer. Unstoppably Nationwide.
What to do next
If this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us.
We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.
The hiring manager for this role is Matt Ross, and the main recruitment contact is Thomas Pegg.
Contact Details:
Nationwide Building Society Recruitment Team
