Regulatory Compliance Officer

Hello, We are Recognise Bank. Our vision is to become the UK’s leading business bank, providing tailored lending and savings solutions designed to meet the unique needs of modern SMEs. Founded in 2017 by experienced business owners, Recognise Bank was born out of a shared frustration with the traditional banking industry’s lack of understanding, flexibility, and certainty for small and medium-sized businesses. We believed there was a better way to serve the SME community—and we set out to create it. In 2021, we received our banking licence and quickly built a strong community of loyal business customers, supported by our dedicated, diverse, and expert team. At Recognise Bank, our customers are at the heart of everything we do. We offer a range of flexible lending solutions and secure, FSCS-protected savings accounts with competitive interest rates, empowering businesses to thrive with confidence.

About the role: An exciting opportunity has arisen for a bright, commercially-minded Compliance Officer to join Recognise Bank and support the delivery of our compliance agenda, ensuring we operate within the legal and regulatory frameworks set by the FCA, PRA, and other governing bodies. This is a broad and hands-on role that offers exposure across legal, governance, regulatory, and compliance areas—including financial crime—while working closely with teams across the business to help navigate day-to-day regulatory challenges. You’ll contribute to maintaining a strong compliance framework that supports sustainable growth and reflects our commitment to integrity and ethical conduct. This is a great opportunity for a compliance professional looking to deepen their experience and gain wider business exposure in a dynamic, fast-paced financial services environment. You’ll support the identification and management of regulatory compliance and financial crime risks, assist in monitoring and reporting activity and play a key role in embedding compliance into the fabric of the business. With opportunities to engage with senior stakeholders and regulators, this role will put you at the heart of our efforts to maintain a culture of accountability and trust.

Key Responsibilities:

• Assist in maintaining and updating compliance policies, procedures, and registers.
• Conduct routine compliance monitoring and support the delivery of the annual Compliance Monitoring Plan.
• Support in the review and approval of financial promotions and marketing materials.
• Monitor regulatory updates and assist in assessing their impact on business operations.
• Support with AML and financial crime advice and monitoring, including customer onboarding checks and transaction reviews.
• Assist with the investigation and reporting of compliance breaches or incidents.
• Prepare and maintain accurate compliance records, reports and MI for internal and external stakeholders.
• Help deliver compliance training and awareness sessions across the business.
• Support the implementation and ongoing management of the SMCR framework.
• Work collaboratively with teams across the bank to embed a strong compliance culture.

Required Qualifications:

• Legal qualification welcomed.
• 3–5 years of experience in a compliance, regulatory, or risk role within PRA & FCA regulated financial services including deposit taking and lending activities.
• Strong knowledge of PRA and FCA regulations and requirements.
• Familiarity with key regulatory topics including AML, SMCR, GDPR.
• Excellent attention to detail and strong organisational skills.
• Strong verbal and written communication abilities.
• Ability to work independently and manage multiple priorities in a fast-moving environment.
• Professional compliance qualifications (e.g. ICA, CISI) are a plus but not essential.

Why join?

• Generous Time Off: 25 days of annual leave plus bank holidays.
• Work From Anywhere: 4 weeks of Work From Anywhere allowance per year.
• Learning & Development: Support for professional growth through tailored training and development programs.
• Hybrid Working: Flexible working model with 3 days in the office and 2 days remote per week.

Recognise Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.