At a Glance
- Tasks: Lead compliance oversight and ensure adherence to regulatory requirements in a dynamic environment.
- Company: Join Premium Credit, a multi-award-winning leader in insurance premium finance.
- Benefits: Enjoy competitive salary, hybrid working, 25 days leave, and private health cover.
- Why this job: Make a real impact while developing your skills in a supportive team culture.
- Qualifications: Experience in compliance leadership and excellent communication skills required.
- Other info: Diverse and inclusive workplace with strong career growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
This role is a key component of the Compliance strategy to ensure that the Group achieves operational adherence to regulatory requirements and expectations in relation to relevant Financial Conduct Authority (and Central Bank of Ireland) legislative and regulatory requirements.
What we do:
Premium Credit is the leading provider of insurance premium finance and a range of annually charged services, including tax, regulatory and accountancy fees, sports season tickets, memberships and school fees in the UK and Ireland. We are a multi award winning business lending more than £4.5 billion to over 2.5 million customers through a network of almost three thousand partners- and growing.
The Role:
- Lead the execution and delivery of the Compliance Oversight Programme by leading the thematic team.
- Provide monthly report information on Compliance thematic activities and output to enable Compliance Reporting.
- Production of high-quality reports arising from scheduled or ad-hoc thematic and/or sampling.
- Provide leadership and guidance to Compliance Oversight Officer fostering a collaborative and high-performing team culture.
- Manage workload prioritisation, resource allocation, and delivery timelines projects.
- Mentor team members, identify training needs, and support professional development.
- Agree remedial action with management and track that action to completion.
- Manage remedial action tracker, ensuring that actions are closed on time, and adequately evidenced.
- Build strong relationships across all business areas and ensure liaison throughout Oversight activities.
- Monitor trends across oversight activity and metrics.
- Lead with the production of an annual Thematic monitoring plan.
You will also:
- Act as a compliance point of contact for the business and provide expert guidance in the management of incidents.
- Lead the review and creation of mandatory compliance training materials.
- Monitor outside developments in the wider financial services sector and the compliance industry.
- Provide input and analysis into policies, papers and strategy.
- Comply with the Premium Credit Code of Conduct and related policies.
- Attend and complete any mandatory Compliance training within required timeframes.
Who we’re looking for:
- Compliance leadership role within a company with similar complexities.
- Excellent communication and interpersonal skills.
- Adept at building internal and external networks.
- Deep understanding of industry-wide trends and strategies for mitigating them.
- A record of accomplishment of formulating and offering creative and pragmatic solutions.
- The ability to engage and influence at Executive and Board level.
We are committed to providing reasonable adjustments or accommodations for applicants. If you need assistance or support during the recruitment process, please let us know.
To ensure you can work from home efficiently you’ll be asked to provide your internet speed at the application stage. Premium Credit are an equal opportunities employer with a strong commitment to Diversity, Equality and Inclusion in the workplace.
We welcome applications from all sections of the community and encourage people from all backgrounds to apply.
Compliance Oversight Lead employer: Premium Credit Limited
Contact Detail:
Premium Credit Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Oversight Lead
✨Tip Number 1
Network like a pro! Get out there and connect with people in the compliance field. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its compliance strategies. Understand their regulatory environment and think about how your experience aligns with their needs. This will help you stand out as a candidate who’s genuinely interested in the role.
✨Tip Number 3
Practice your communication skills! As a Compliance Oversight Lead, you’ll need to convey complex information clearly. Try mock interviews with friends or use online resources to refine your pitch and ensure you can articulate your thoughts confidently.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our team. So, get that application in and let’s make it happen!
We think you need these skills to ace Compliance Oversight Lead
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in compliance and regulatory requirements. We want to see how your skills align with our needs, so don’t hold back on showcasing your relevant achievements!
Showcase Your Leadership Skills: Since this role is all about leading a team, be sure to include examples of your leadership experience. We love to see how you've fostered collaboration and driven results in previous roles, so share those stories!
Be Clear and Concise: When writing your application, clarity is key! Use straightforward language and get straight to the point. We appreciate well-structured applications that make it easy for us to see your qualifications.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Premium Credit Limited
✨Know Your Regulations
Make sure you brush up on the Financial Conduct Authority and Central Bank of Ireland regulations. Understanding these will not only show your expertise but also demonstrate your commitment to compliance, which is crucial for the role.
✨Showcase Your Leadership Skills
Prepare examples that highlight your experience in leading teams and managing compliance projects. Think about times when you fostered a collaborative culture or mentored team members, as this aligns perfectly with what they’re looking for.
✨Build Relationships
Be ready to discuss how you've built strong relationships across different business functions. They value someone who can engage with stakeholders at all levels, so share specific instances where your networking skills made a difference.
✨Stay Current with Industry Trends
Demonstrate your knowledge of industry-wide trends and regulatory changes. Bring up recent developments in the financial services sector that could impact compliance, showing that you’re proactive and informed.