Conduct and Compliance Risk Oversight Executive in Edinburgh

Location - Hybrid - Edinburgh or London (Store Support Centre + home). Edinburgh-based - we typically work in the office one day per week (Wednesday). London-based - expect to travel to Edinburgh a couple of times a month.

Why join us

Joining Sainsbury’s Financial Services as a Risk & Compliance Oversight Executive is an opportunity to play a key role in protecting our customers and business by ensuring we meet regulatory expectations and maintain strong governance. You’ll work in a small, specialist team where your oversight, judgement and reporting genuinely influence decision-making — including insight that supports Management Committee and Board conversations.

What you’ll do

This role delivers a mix of independent compliance monitoring and risk oversight within a lean Risk & Compliance function. You’ll use KRIs and other insightful data, including MI from our partners/suppliers, to identify where risk may be building or where regulatory obligations could be at risk. You’ll undertake ongoing monitoring and deliver thematic reviews, including setting Terms of Reference and completing testing, before presenting clear findings and actions. A core part of the role is producing the monthly consolidated risk reporting, bringing together MI and insight from the technical risk managers' areas into a single pack for the Director of Risk, Compliance and Financial Crime to take to the Management Committee and Board. You’ll also interpret regulatory requirements (including the FCA Handbook) and translate them into clear, practical business expectations and oversight activity.

Who you are

You’re a proactive risk and compliance professional who can spot what matters, work with pace, and bring clarity to complex information. You’re comfortable producing senior-ready reporting, and you have the confidence to raise issues and challenge constructively. Experience in Financial Services is essential — and experience within a distributor model (or retail financial services environment) would be advantageous.

Essential criteria

• Demonstrable Financial Services regulatory oversight experience, including delivery of compliance monitoring / second line assurance/risk oversight activity (e.g., thematic reviews) and production of evidence-based findings and reporting.
• Working knowledge of the FCA handbook and regulations with evidence of interpreting FCA requirements and translating regulations into practical business actions, controls or oversight.
• Proven analytical capability, including interpretation of quantitative and qualitative MI (e.g., KRIs, complaints MI, partner/supplier MI) to identify material risk and draw well-reasoned, defensible conclusions.
• Advanced reporting and pack-building skills, evidenced through producing senior-ready outputs using Excel, PowerPoint and Power BI (or equivalent reporting tools) for insight and decision-making.
• Credible delivery and stakeholder impact, evidenced by planning and prioritising work at pace, applying sound judgement on escalation, and constructively challenging stakeholders (including at senior level) to improve outcomes.

Responsibilities

We’d all like amazing work to do, and real work-life balance. That’s waiting for you here at Sainsbury’s. For a FTSE business, we move incredibly fast. When we’re not leading projects, we’re supporting teams across the wider group to achieve their goals. And here, you can see the impact of your work as soon as you walk into a store, giving you a real sense of purpose and responsibility. Better still, the team around you will listen to your ideas and opinions, and you’ll have every chance to try something new. The scale and complexity of our business mean there’s always something new to learn, and we’ll support you every step of the way. We’re trusted to get on with it. So get ready to make things happen.

Qualifications

We are committed to being a truly inclusive retailer so you’ll be welcomed whoever you are and wherever you work. Around here, there’s always the chance to try something new — whether that’s as part of an evolving team or somewhere else across the business - and we take development seriously and promise to support you. We also recognise and celebrate colleagues when they go the extra mile and, where possible, offer flexible working. When you join our team, we’ll also offer you an amazing range of benefits. Here are some of them:

• Starting off with colleague discount, you'll be able to save 10% on your shopping online and instore at Sainsbury's, Argos, TU and Habitat, and we regularly increase the discount to 15% at points during the year.
• We've also got you covered for your future with our pensions scheme and life cover.
• You'll also be able to share in our success as you may be eligible for a performance-related bonus of up to 10% of salary, depending on how we perform.
• Your wellbeing is important to us too. You'll receive an annual holiday allowance and you can buy up to an additional week's holiday.
• We also offer other benefits that will help your money go further such as season ticket loans, cycle to work scheme, health cash plans, salary advance (where you can access some of your pay before pay day) as well access to a great range of discounts from hundreds of other retailers.
• And if you ever need it there is also an employee assistance programme.
• Moments that matter are as important to us as they are to you which is why we give up to 26 weeks’ pay for maternity or adoption leave and up to 4 weeks’ pay for paternity leave.

Please see www.sainsburys.jobs for a range of our benefits (note, length of service and eligibility criteria may apply).