Compliance Assurance Officer - Chatham

About the team:

Are you a compliance monitoring professional with end-to-end experience of thematic reviews?

Do you have a good understanding of compliance risk assessments to support a department in identifying, quantifying, and prioritising compliance risks?

About us:

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. This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme.

What you will be doing:

In this role, you will assist in delivering our Compliance Assurance and Monitoring reviews in line with internal quality standards whilst adhering to our Compliance Assurance Methodology.

You will help to ensure the organisation maintains adherence to regulatory requirements and internal policies and procedures, assisting with compliance monitoring, testing, assurance activities, and identifying and mitigating risks across business functions.

This role will work closely with cross-functional teams to foster a culture of compliance, providing insights and guidance on compliance risks, controls, and best practices.

Your responsibilities will include…

• Executing timely and robust Compliance Assurance and Monitoring reviews across the Group to assess the effectiveness of compliance controls and programmes which includes the assessment of customer outcome across the full product lifecycle when necessary
• Conducting risk-based testing which is aligned with emerging risks, and regulatory requirements, adapting them as necessary to respond to new risks or regulatory changes
• Recording operational management responses and evidence, tracking action progress through to closure, and conducting proportionate follow up validation assessments from Compliance Assurance and Monitoring reviews
• Understanding and contributing to compliance risk assessments, in collaboration with the Compliance Senior Leadership team, identifying, quantifying, and prioritising compliance risks
• Monitoring regulatory developments and changes in the industry to adapt the application of assurance frameworks and methodologies accordingly
• Communicating key compliance findings, risks, and issues, providing practical recommendations for ongoing risk mitigation and improvement with varying levels of stakeholders, whilst supporting and developing effective key stakeholder relationships.

In return for your commitment:

We offer a base salary dependent on experience of between £37,000 – £45,000 and a competitive benefits package including:

• Discretionary annual bonus opportunity of up to 15%
• 28 days annual leave plus bank holidays
• Contributory pension (8% employer 5% employee)
• Life Assurance (4x salary) plus Group Income Protection
• Access to Private Medical Insurance and Medical Cash Plan
• 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

Could you be the one?

We are looking for talented individuals who have the experience and knowledge set out below:

Previous experience:

• Working in a compliance monitoring role within a regulated lending or banking environment
• Communicating effectively with different stakeholders and audiences at a variety of levels
• Knowledge of the FCA regulatory expectations relating to conduct risk and customer outcomes
• Knowledge of regulatory requirements, compliance risk assessment methodologies, and industry best practice in compliance assurance

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

What to do next

If this sounds like you, please send us your CV!

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.

As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don\’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress.

Whilst we are an organisation that values face-to-face interaction to build and nourish our culture, we also acknowledge that people are not must productive in an office and tied to the 9 to 5. The vast majority of roles throughout the Group fall within scope of our Hybrid Working approach, which aims to provide ongoing flexibility and support in terms of work:life balance. Our approach provides opportunity for individuals to informally agree with their Line Manager how they split their working week between their primary office location and home.

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.

Unfortunately, due to the high number of applications currently being received, only shortlisted candidates will be contacted.