At a Glance
- Tasks: Lead compliance management and support regulatory advisory in a dynamic financial services environment.
- Company: Northreach, a vibrant recruitment agency connecting talent with top businesses.
- Benefits: Hybrid working model, inclusive culture, and opportunities for professional growth.
- Other info: Join a diverse team committed to equity and inclusion in the workplace.
- Why this job: Make a real impact in compliance while working with innovative financial services.
- Qualifications: 3+ years in compliance, strong knowledge of FCA regulations, and excellent communication skills.
The predicted salary is between 50000 - 60000 £ per year.
Northreach is a dynamic recruitment agency that connects businesses with top talent in financial services, lending, and digital sectors. We specialise in providing a seamless recruitment experience for clients and candidates, fostering innovation and professional growth. We are partnering with a financial services business who have a requirement for a regulatory compliance manager to join their team. This role is 2LOD advisory and sits within the Risk and compliance function.
Responsibilities:
- Leading day to day management of the compliance plan.
- Quality Assurance Methodology and Framework – completing reviews, oversight, assessing controls, providing feedback and support.
- Support the design, delivery and continuous improvement of the annual Compliance Monitoring Plan.
- Provide regulatory advisory support in articulating regulatory matters and providing business support and advice (e.g. new products, reviews, regulatory change impacts).
- Manage, support and escalate regulatory breaches.
- Maintain and update the compliance risk registers and associated controls.
- Provide technical and operational support to the first line Ops.
- Provide Compliance Training to all new employees and refresher training to existing colleagues.
- Provide support with risk events e.g. incident management or breaches.
- Manage and oversee data protection requests, in particular; DSARs and deletion requests and supporting the DPO with any enquiries.
- Prepare and provide accurate, timely management information (MI) and reports to the required forums and committees, analysing trends, identifying emerging risks and determining the effectiveness of internal associated controls.
- Support the Horizon Scanning process, ensuring that regulatory changes are recorded, assessed and reported in a timely manner.
- Support with the annual review of associated Policies and Procedures aligned to Compliance matters.
Required Skills / Experience:
- Experience (ideally 3 years +) of working in a compliance role, preferably within the financial services industry.
- Practical experience and knowledge of Financial Conduct Authority (FCA) regulations including BCOBS, CONC, DISP, Consumer Duty and Conduct Risk.
- Interpreting regulatory requirements to provide practical advice to the business.
- Horizon scanning.
- Experience in compliance advisory and compliance monitoring background.
- Strong analytical skills.
- Excellent stakeholder management experience and strong communication skills to engage with the wider business and cross-functions.
- You must have full right to work in the UK.
This role is hybrid working and would require 3 days pw in their offices. Northreach is an equal opportunity employer and we do not discriminate against any employee or applicant for employment based on race, colour, religion, sex, national origin, disability, or age. We are committed to promoting diversity, equity, and inclusion in the workplace and hiring practices, therefore only partner with businesses that promote DEI. We strive to create a welcoming and inclusive environment for all employees.
Compliance Manager employer: Northreach
Northreach is an exceptional employer that prioritises innovation and professional growth within the financial services sector. With a strong commitment to diversity, equity, and inclusion, employees benefit from a supportive work culture that encourages continuous learning and development. The hybrid working model allows for flexibility while fostering collaboration in a dynamic environment, making it an ideal place for compliance professionals to thrive.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the lookout for a Compliance Manager role. You never know who might have the inside scoop on an opportunity or can refer you directly.
✨Tip Number 2
Prepare for interviews by brushing up on FCA regulations and compliance best practices. We recommend creating a cheat sheet of key points to discuss, especially around regulatory changes and how they impact businesses. This will show you're not just knowledgeable but also proactive!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds and shows your enthusiasm for the position.
✨Tip Number 4
Apply through our website for the best chance at landing that Compliance Manager gig! We make it easy for you to showcase your skills and experience directly to employers looking for top talent like you.
We think you need these skills to ace Compliance Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compliance Manager role. Highlight your experience with FCA regulations and compliance advisory work. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about compliance and how your background makes you a great fit for our team. Keep it engaging and relevant to the job description.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past roles that show your analytical skills and stakeholder management experience. We love seeing real-life applications of your expertise.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Northreach
✨Know Your Regulations
Make sure you brush up on the Financial Conduct Authority (FCA) regulations, especially BCOBS, CONC, and DISP. Being able to discuss these in detail will show that you’re not just familiar with compliance but can also provide practical advice based on regulatory requirements.
✨Showcase Your Analytical Skills
Prepare examples of how you've used your analytical skills in previous roles. Whether it’s identifying trends or assessing controls, being able to articulate your thought process will impress interviewers and demonstrate your capability in managing compliance risks.
✨Engage with Stakeholders
Think about times when you’ve successfully managed stakeholder relationships. Be ready to share specific instances where your communication skills made a difference, especially in cross-functional settings. This will highlight your ability to engage effectively with the wider business.
✨Prepare for Scenario Questions
Expect scenario-based questions related to compliance breaches or regulatory changes. Practise how you would handle these situations, focusing on your problem-solving approach and how you would support the business while ensuring compliance.
