At a Glance
- Tasks: Lead compliance monitoring reviews to ensure customer protection and regulatory adherence.
- Company: Join Santander UK, a forward-thinking employer committed to inclusivity and innovation.
- Benefits: Enjoy competitive rewards, wellbeing support, and global career growth opportunities.
- Other info: Hybrid working model with a supportive and inclusive culture.
- Why this job: Make a real impact in a tech-driven organisation focused on customer-centric transformation.
- Qualifications: Experience in compliance reviews and strong understanding of UK regulatory requirements.
The predicted salary is between 36000 - 60000 £ per year.
This job is with Santander UK, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
IT STARTS HERE Santander (www.santander.com) is evolving from a global, high-impact brand into a technology-driven organisation, and our people are at the heart of this journey. Together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what's possible. This is more than a strategic shift. It's a chance for driven professionals to grow, learn, and make a real difference. Our mission is to contribute to help more people and businesses prosper. We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.
THE DIFFERENCE YOU MAKE Santander UK is looking for a Compliance Monitoring Manager based out of Glasgow or Milton Keynes. The Compliance & Non-Financial Risk ("CNFR") function has a key role in helping Santander UK to manage and minimise its exposure to conduct and regulatory risk. The role of the Compliance Monitoring & Testing team is to help the business in ensuring that they protect the best interests of our customers, that they maintain a high level of integrity in complying with the requirements of the FCA or other regulators, whilst remaining commercial.
The Monitoring and Testing Manager will be responsible for leading the design and execution of Compliance Monitoring (CM) reviews which assess and provide assurance over the effectiveness of the bank's systems and controls in delivering good customer outcomes and managing non-financial conduct and regulatory risks across retail, business and corporate banking.
To succeed in this role, you will be responsible for:
- Leading the planning and execution of CM to assess the effectiveness of the bank's systems and controls to deliver good customer outcomes and manage non-financial conduct and regulatory risks.
- Managing review teams, ensuring full accountability for scoping, testing, and reporting, considering FCA and other consumer-focused regulatory requirements.
- Recommending and overseeing the execution of appropriate and timely actions to enhance control frameworks and improve customer outcomes.
- Producing high-quality reports which communicate findings, risks and recommendations to stakeholders at all levels of the organisation.
- Utilising effective stakeholder management and leadership, including formal stakeholder engagement and management at all levels of the business.
- Supporting the development and ongoing maintenance of the risk-based Compliance Monitoring Plan and associated methodology.
WHAT YOU'LL BRING Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation. We're enabling teams to go beyond by valuing who they are and empowering what they bring. The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Proven ability to lead end-to-end risk-based compliance reviews focusing on non-financial conduct and regulatory risks, including planning, testing and reporting.
- In-depth knowledge of conduct and regulatory risk assurance methodologies, risk management frameworks and control environments across retail banking, consumer credit, investments, as well as business and corporate banking.
- Excellent understanding of UK regulatory requirements, including Consumer Duty, FCA Handbook (including COBS, MCOB, ICOBS, BCOBS, PROD, DISP) and other consumer-focused regulatory requirements.
- Well-developed analytical and problem-solving skills, with the ability to evaluate and communicate complex issues.
It would also be nice for you to have:
- Excellent written and verbal communication skills, with the ability to present findings clearly to stakeholders.
- Well-developed interpersonal and influencing skills, enabling effective collaboration across teams and functions at a senior level.
- A pro-active, detail-oriented approach to work, ensuring accuracy and thoroughness in assessments.
- Excellent project and time management skills, effective at prioritising and leading others.
WE VALUE YOUR IMPACT At Santander, your contribution matters. We recognise the difference you make every day, and we make sure you feel valued, supported and rewarded in return. Here, recognition goes beyond pay. It's about the pride you feel in your work, the impact you have on customers and communities, and the opportunities you have to grow and thrive - personally and professionally.
Competitive rewards that reflect the real impact you make and the value you bring. Wellbeing that goes beyond work - we work with a range of wellbeing partners across our 4 pillars of wellbeing (physical, mental, social and financial) to give you access to a suite of apps, discounted gym and fitness access, weekly online classes, flexible healthcare and mental health support. Support for every life stage - from menopause and pregnancy to parenthood and beyond, with enhanced family leave, childcare options and tailored wellbeing support. Time to give back through volunteering opportunities that let you make a difference in the communities we serve. Global growth opportunities to shape your career, learn new skills and explore what's possible across our international network.
Ready to be recognised? It starts with you.
LOCAL COMPLIANCE At Santander, we're proud to be an inclusive organisation that provides equal opportunities for everyone - regardless of age, gender, disability, civil status, race, religion or sexual orientation. We're committed to creating a recruitment experience that's accessible, fair and welcoming for all candidates. We want our people to thrive - at work and at home - while delivering the best outcomes for our customers and supporting each other to grow. To make this possible, our roles are site-based with a hybrid working pattern, where colleagues are expected to attend the office at least 12 days per month (pro-rata for part-time roles). When applying, please consider the travel distance, time and cost to your chosen office location(s). We welcome applications on the understanding that, should you be offered this role, there may be no relocation package available. Santander will pay the employer mandatory government fees that are required to pay in connection with visa sponsorship. You may be liable for your own personal employee immigration and relocation costs.
WHAT TO DO NEXT If this sounds like a role you are interested in, then please apply. If there's anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it's a copy of our application form in another format or additional assistance, we're available through email.
Compliance Monitoring Manager | S3 | Monitoring & Testing, Non-Financial Risk | Glasgow or Milton Ke employer: Santander UK
Contact Detail:
Santander UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Monitoring Manager | S3 | Monitoring & Testing, Non-Financial Risk | Glasgow or Milton Ke
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your interview skills with a friend or in front of a mirror. Focus on articulating your experiences and how they relate to the role. Confidence is key, so the more you practice, the better you'll perform!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Compliance Monitoring Manager | S3 | Monitoring & Testing, Non-Financial Risk | Glasgow or Milton Ke
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Compliance Monitoring Manager role. Highlight your experience with non-financial conduct and regulatory risks, and show how your skills align with what we're looking for.
Showcase Your Achievements: When detailing your past roles, focus on specific achievements that demonstrate your ability to lead compliance reviews and manage risks. Use metrics where possible to quantify your impact – we love numbers!
Be Clear and Concise: Keep your writing clear and to the point. We appreciate well-structured applications that communicate your qualifications effectively. Avoid jargon unless it’s relevant to the role – clarity is key!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Santander UK
✨Know Your Regulations
Make sure you brush up on the UK regulatory requirements, especially the FCA Handbook. Being able to discuss specific regulations like Consumer Duty or COBS will show that you're not just familiar with the role but also understand the compliance landscape.
✨Showcase Your Leadership Skills
As a Compliance Monitoring Manager, you'll be leading teams. Prepare examples of how you've successfully managed projects or teams in the past. Highlight your ability to scope, test, and report effectively, as this will resonate well with the interviewers.
✨Prepare for Stakeholder Engagement
Think about how you can demonstrate your interpersonal and influencing skills. Be ready to discuss how you've engaged with stakeholders at various levels and how you communicated complex findings clearly. This is crucial for the role!
✨Bring Your Analytical A-Game
The role requires strong analytical and problem-solving skills. Prepare to discuss specific instances where you've evaluated complex issues and how you approached them. This will help you stand out as a candidate who can tackle the challenges of compliance monitoring.