At a Glance
- Tasks: Lead compliance monitoring and quality assurance to ensure top-notch service and regulatory adherence.
- Company: Join Propel Finance, a leading independent finance house with a collaborative culture.
- Benefits: Enjoy 25 days annual leave, private medical insurance, and a subsidised gym membership.
- Why this job: Be part of an ambitious team shaping the future of finance and customer experiences.
- Qualifications: Experience in compliance within financial services and strong leadership skills required.
- Other info: Hybrid working model with modern offices and excellent career development opportunities.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Propel Finance was established in 1996 to provide flexible and accessible finance to SMEs across the country. Now, more than 20 years on, Propel has grown to become one of the UK’s largest, independent finance houses. We have continued to deliver leading-edge finance solutions through a unique combination of teamwork and technology.
From this continued success we are now looking to recruit a Business Support and Monitoring Managerto allow us to continue our exciting growth plans.
Our aim is to take the service we offer to the next level, to push the boundaries of what’s available, and to create great customer experiences consistent with our values. Does that sound like something you’d like to be part of?
Role responsibilities;
Monitoring & Assurance
- Design, implement, and maintain multiple monitoring and quality assurance frameworks aligned to regulatory expectations and business risk appetite.
- Conduct and oversee thematic reviews, file checks, and QA testing across multiple channels.
- Produce clear monitoring reports with findings, risk assessments, and recommendations for remedial action.
- Track and oversee the closure of actions arising from monitoring activity and regulatory feedback.
Regulatory Advisory
- Provide expert compliance advice to business stakeholders on FCA regulation (CONC, PRIN/Consumer Duty, DISP, SYSC), complaints handling, fraud prevention, and data protection.
- Act as a senior point of escalation for complex compliance queries and incidents.
- Support with regulatory horizon scanning and impact assessments for new/changed regulation.
Governance & Reporting
- Support the Head of Compliance with the production of board and committee MI, highlighting key risks, themes, and compliance performance.
- Ensure compliance documentation (policies, procedures, frameworks) is current, proportionate, and effective.
Generalist Compliance Support
- Provide complaints handling support, ensuring adherence to DISP requirements and FCA reporting standards.
- Work with fraud prevention colleagues to maintain strong financial crime controls and support Suspicious Activity Report (SAR) handling.
- Support GDPR compliance through oversight of data protection controls and processes.
Leadership & Collaboration
- Line management responsibilities for up to three monitoring analysts
- Mentor and develop junior compliance colleagues, contributing to succession planning and team resilience.
- Develop strong, constructive relationships with internal teams and external partners.
Key skills required;
- Regulated compliance advisory background with strong monitoring and QA management and implementation skills.
- Significant experience in a compliance role within financial services, ideally credit/asset finance or wider lending sector.
- Strong knowledge of FCA regulation (CONC, PRIN, SYSC, DISP, Consumer Duty).
- Proven experience in compliance monitoring, QA, and building monitoring frameworks.
- Exposure to complaints handling, financial crime/fraud risk, and data protection.
- Strong leadership skills with the ability to mentor, influence, and build credibility.
- Proven experience of designing and implementing monitoring and quality assurance frameworks to identify and minimise risk to the business and our customers.
So, why would you want to work here?
We have a great working environment and we’re an ambitious business. We achieve so much because of our people. Everyone in the business, no matter their team or role can shape the outcome, share ideas, make suggestions, and have their voice heard. It’s a truly collaborative place to work.
At Propel, we embrace hybrid working and with modern offices in Newport, London and Manchester, plus a field-based sales team, you’ll never be too far away from colleagues.
This is a hybrid role, with travel to our Newport office 1 day a week
Benefits you can expect:
- 25 days annual leave + bank holidays
- 2 additional days holiday after 5 years’ service
- Birthday day off
- Opt in Private Medical Insurance
- Subsidised gym membership at ÂŁ18.75 a month
- Cycle to Work Scheme
- Electric Car Scheme
- Buy Annual Leave Scheme
- Half day seasonal shopping
- Auto enrolment pension – 3% employer contribution subject to eligibility
- Life Assurance 3 x basic salary
- Employee Assistance Programme available 24/7
- Company events and reward schemes
We are proud to be a member of Stonewall’s Diversity Champions programme and are committed to improving workplace inclusion.
The Curve Group is Propel’s outsource partner for Recruitment and a \”Data Processor\”. The Curve Group will hold the information you submit but Propel will have access to it. You can find their privacy policy here: https://www.thecurvegroup.co.uk/privacy-policy/
Business Support and Monitoring Manager employer: Propel Finance
Contact Detail:
Propel Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Support and Monitoring Manager
✨Tip Number 1
Network like a pro! Reach out to people in the finance sector, especially those who work at Propel or similar companies. A friendly chat can open doors and give you insider info on what they’re really looking for.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Brush up on FCA regulations and be ready to discuss how your experience aligns with the role. Show us you’re not just a fit on paper but also in practice.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email. It shows your enthusiasm and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect match.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, you’ll find all the latest roles and updates directly from us, making it easier to stay in the loop.
We think you need these skills to ace Business Support and Monitoring Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Support and Monitoring Manager role. Highlight your experience in compliance, monitoring frameworks, and any relevant regulatory knowledge. We want to see how your skills align with 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 joining Propel Finance and how you can contribute to our growth. Be sure to mention specific experiences that relate to the job description.
Showcase Your Leadership Skills: Since this role involves mentoring and managing a team, don’t forget to highlight your leadership experience. Share examples of how you've developed others or led projects successfully. We love seeing candidates who can inspire and influence!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Propel Finance
✨Know Your Regulations
Make sure you brush up on FCA regulations like CONC, PRIN, and DISP. Being able to discuss these confidently will show that you understand the compliance landscape and can provide valuable insights.
✨Showcase Your Monitoring Skills
Prepare examples of how you've designed and implemented monitoring frameworks in previous roles. Be ready to discuss specific challenges you faced and how you overcame them, as this will demonstrate your practical experience.
✨Emphasise Leadership Experience
Since this role involves line management, think about times when you've mentored or developed team members. Share stories that highlight your leadership style and how you foster collaboration within a team.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific compliance scenarios or regulatory changes. Practise articulating your thought process and decision-making skills, as this will help you stand out as a strategic thinker.