At a Glance
- Tasks: Lead compliance advice for Savings and Lending, ensuring regulatory adherence and coaching team members.
- Company: Join OSB Group, a FTSE 250 mortgage lender passionate about people and diversity.
- Benefits: Enjoy 28 days leave, hybrid working, bonuses, and a range of employee perks.
- Why this job: Be part of a collaborative team making a real impact in regulatory compliance and customer advocacy.
- Qualifications: Experience in compliance roles, strong communication skills, and a knack for problem-solving required.
- Other info: Flexible working options available to support your work-life balance.
The predicted salary is between 48000 - 60000 £ per year.
The Compliance Advice Team delivers expert guidance to business units, to support management of regulatory and conduct risks related to implementation of regulatory change and business innovation, using a proactive, proportionate and practical approach. The Senior Compliance Business Partner is a brand new role with a focus on Savings and/or Lending. You will join a small collaborative team reporting to the Head of Compliance Advice, and have responsibility for coaching and development of the Compliance Leads within the team.
The OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market. Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB's unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia. Alongside passion for our products and customers, we’re passionate about our people and want to continue building a collaborative and engaging environment. Being dedicated to Diversity, Equity and Inclusion, we encourage differences and recognise that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work.
As Senior Compliance Business Partner, you will advise business units on regulatory compliance matters, ensuring adherence to relevant UK regulatory standards whilst championing the customer during change implementation and process improvement. You will provide direction and leadership to the Compliance Advice team to facilitate regulatory and conduct risk focused advice and will be a specialist in compliance.
Your responsibilities will also include:
- Build trusted relationships through leading engagement with stakeholders to facilitate building a compliance culture.
- Identify and assess conduct regulatory change matters facing the business; using business knowledge and industry best practice when advising practical solutions.
- Provide timely and accurate specialist technical conduct regulatory interpretation, and ongoing support and advice on wider FCA-related regulatory themes.
- Advise key business stakeholders and project teams on the scope and implications of conduct regulation, identification and management of associated conduct risks and the organisation’s compliance policies.
- Represent the Compliance function on key business/regulatory projects and initiatives providing specialist technical conduct related interpretation, advice and challenge.
- Present regulatory and conduct matters to Senior Leaders and support the Head of Compliance Advice with dissemination of key messages.
In return for your commitment, we offer a base salary of £60,000 - £75,000 dependent on experience and location and a competitive benefits package including:
- 28 days annual leave plus bank holidays.
- Bonus up to 15%.
- Contributory pension (8% employer, 5% employee).
- Life Assurance (4x salary) plus Group Income Protection.
- Access to Private Medical Insurance and Medical Cash Plan.
- Maternity & Adoption Leave – Occupational Maternity/Adoption Pay provided at 100% of salary for the first 26 weeks.
- Paternity/Parental Leave – 8 weeks of paid leave to be taken within 12 months of birth or adoption.
- Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase/sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme.
We are looking for talented individuals who have the experience and knowledge set out below:
- Proven track record working in a 2nd line compliance or conduct risk role within a retail bank.
- Experience undertaking a role involving the identification and interpretation of emerging conduct regulatory requirements and providing associated advice.
- Robust knowledge and understanding of UK financial services sector and FCA regulatory agenda within the financial services industry, including Consumer Duty.
- Strong stakeholder engagement and communication skills with the ability to present and articulate complex information in an easily understandable and jargon-free way.
- Demonstrable experience of problem solving and organisation skills in order to prioritise conflicting priorities.
- Ability to work independently and manage complex problems from start to finish, ensuring effective resolution of any challenges and robust documentation throughout.
- Experience in line management, coaching and people development.
If this sounds like you, please apply now! For internal applications please visit the internal careers page to apply. Alternatively, if you wish to have an informal and confidential chat please get in touch. Contact details can be found on our careers page.
If shortlisted from your initial application we operate a personalised recruitment process. Interviews are a two-way street; we aim for them to be relevant and conversational to get the best out of you!
OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds.
All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.
Senior Compliance Business Partner employer: OSB Group
Contact Detail:
OSB Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compliance Business Partner
✨Tip Number 1
Familiarise yourself with the latest FCA regulations and compliance standards, especially those related to Savings and Lending. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing regulatory environment.
✨Tip Number 2
Network with professionals in the compliance field, particularly those who work within retail banking. Engaging with industry peers can provide valuable insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed compliance challenges in previous roles. Highlighting your problem-solving skills and ability to navigate complex regulatory landscapes will set you apart from other candidates.
✨Tip Number 4
Showcase your leadership and coaching experience during discussions. As this role involves developing Compliance Leads, demonstrating your ability to mentor and guide others will be crucial in making a strong impression.
We think you need these skills to ace Senior Compliance Business Partner
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compliance and conduct risk roles, particularly within retail banking. Use specific examples that demonstrate your understanding of UK financial services and FCA regulations.
Craft a Compelling Cover Letter: In your cover letter, express your passion for compliance and how your skills align with the responsibilities of the Senior Compliance Business Partner role. Mention your experience in stakeholder engagement and problem-solving, and how you can contribute to building a compliance culture.
Showcase Leadership Skills: Since this role involves coaching and development, include examples of your leadership experience. Highlight any instances where you've successfully managed teams or mentored colleagues in compliance matters.
Demonstrate Communication Skills: Emphasise your ability to present complex information clearly and concisely. Provide examples of how you've communicated regulatory changes or compliance issues to stakeholders in an understandable way.
How to prepare for a job interview at OSB Group
✨Understand the Regulatory Landscape
Make sure you have a solid grasp of the UK financial services sector and the FCA regulatory agenda. Be prepared to discuss recent changes in regulations and how they impact compliance, especially in relation to Savings and Lending.
✨Showcase Your Stakeholder Engagement Skills
Prepare examples that demonstrate your ability to build trusted relationships with stakeholders. Highlight instances where you've successfully communicated complex compliance issues in a clear and jargon-free manner.
✨Demonstrate Problem-Solving Abilities
Be ready to discuss specific challenges you've faced in previous roles and how you resolved them. This will showcase your organisational skills and ability to manage conflicting priorities effectively.
✨Emphasise Coaching and Development Experience
Since this role involves coaching Compliance Leads, share your experiences in line management and people development. Discuss how you've supported team members in their professional growth and contributed to a collaborative team environment.