Risk & Compliance Analyst in Newcastle upon Tyne

Risk & Compliance Analyst in Newcastle upon Tyne

Newcastle upon Tyne Full-Time 32000 - 36000 £ / year (est.) Home office (partial)
One Utility Bill

At a Glance

  • Tasks: Support risk and compliance efforts while ensuring regulatory standards are met.
  • Company: Join a tech company revolutionising household bill payments in a vibrant team environment.
  • Benefits: Competitive salary, bonuses, and potential for hybrid working after probation.
  • Other info: Dynamic office atmosphere with opportunities for personal and professional growth.
  • Why this job: Make a real impact on compliance and risk management in a supportive culture.
  • Qualifications: Experience in consumer-facing sectors and knowledge of UK GDPR and compliance frameworks.

The predicted salary is between 32000 - 36000 £ per year.

The Risk & Compliance Analyst is responsible for supporting the Head of Risk & Compliance (DPO) in updating, implementing, and overseeing OUB's risk and compliance framework.

A little bit about us: We are a tech business that bundles household bills into one fixed monthly payment. One payment means easier finances, less time on the phone to suppliers, and less admin. It’s a game changer. It’s also a gorgeous place to work. Everybody gets stuck in to make things work, the team will make you feel welcome from day one, and the office is near some pretty great pubs.

What you’ll be doing: As a Risk & Compliance Analyst, you will support the Head of Risk & Compliance (DPO) with a range of regulatory and compliance matters, contributing to a culture of proportionate and realistic compliance combined with continuous improvement. The role ensures that OUB meets the minimum requirements of relevant regulations, industry standards, and internal policies in line with risk appetite to protect the business from regulatory and compliance risks.

Our team manages risk while also supporting the growth ambitions of the business by following these principles:

  • When something goes wrong, we will support you to fix it and record what we did.
  • Raise issues and problems before they become an incident so we can solve them together.
  • We will support you to identify risks and give you ways and ideas to manage them.
  • If compliance gets in the way of progress, let’s discuss and adjust if we can.

Day to day, you will be working on a combination of these goals:

  • Ensuring that process and procedures are aligned to the OUB regulatory compliance framework that aligns with strategic objectives and risk appetite.
  • Supporting the DPO in ensuring compliance with UK GDPR and the Privacy and Electronic Communications Regulations (PECR).
  • Actioning Data Subject Access Requests (DSARs) and data deletion processes in line with regulatory timescales.
  • Supporting the process of product changes to protect customers from detriment and ensure sales process compliance standards prevent mis-selling.
  • Reviewing Root Cause Analysis (RCA) completed on all complaints to identify and address systemic issues.
  • Supporting or completing assessments of the security and compliance of all suppliers and partners to mitigate information security risks.
  • Ensuring adherence to industry certifications like ISO 27001.
  • Seeking opportunities to support leaders to be confident and independent when dealing with any regulatory or compliance issues.
  • Supporting team members to manage the impact and resolution of data and operational risk incidents to a suitable outcome.
  • Creating and producing analysis and reporting.

We’re looking for someone with:

  • An Operational Risk Management certification or progress towards one.
  • Experience in a consumer-facing sector (e.g., energy, telecoms, financial services).
  • Knowledge of UK GDPR, PECR, and consumer protection legislation.
  • Understanding of relevant compliance frameworks such as ICOB, ISO 27001, Cyber Essentials, and GDPR.
  • Excellent communication skills and a proven ability to influence and engage with stakeholders at all levels.
  • A pragmatic, solutions-oriented approach to problem-solving, with a focus on commercial outcomes.
  • A project management qualification (desired but not essential).

What you’ll get from us: An annual salary of £32,000 - £36,000 and £2000 per year in bonuses paid to the full company if we achieve our shared objectives.

The shift pattern for this role is Monday to Friday, 9am until 5pm. This is an office-based role for the first 6 months, following a successful probation period there is potential for hybrid working, 2 days per week.

Be Fiercely You isn't just a value, it's how we thrive! We believe our strength comes from a truly diverse team where everyone feels valued and respected. If you're passionate about what you do, we want to hear from you, no matter your background.

Risk & Compliance Analyst in Newcastle upon Tyne employer: One Utility Bill

One Utility Bill is an exceptional employer, offering a dynamic work environment in Newcastle upon Tyne where sales advisors can thrive. With a focus on employee growth and a supportive culture, team members benefit from uncapped commission opportunities and the flexibility of hybrid working arrangements after probation. Join us to be part of a motivated B2C sales team that values resilience and ambition, ensuring your hard work is rewarded.

One Utility Bill

Contact Details:

One Utility Bill Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Risk & Compliance Analyst in Newcastle upon Tyne

Join Compliance Communities

Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!

Attend Industry Conferences

Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.

Leverage Your University Career Services

If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.

Showcase Your Knowledge Online

Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like One Utility Bill looking for candidates who are engaged and informed.

We think you need these skills to ace Risk & Compliance Analyst in Newcastle upon Tyne

Risk Management
Compliance Frameworks
UK GDPR
Privacy and Electronic Communications Regulations (PECR)
Data Subject Access Requests (DSARs)
Root Cause Analysis (RCA)
ISO 27001

Some tips for your application 🫡

Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!

Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.

Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!

Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at One Utility Bill. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!

How to prepare for a job interview at One Utility Bill

Master the Regulations

Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!

Show Your Analytical Skills

Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!

Know Your Tools

Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!

Align with Company Culture

Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with One Utility Bill’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!