At a Glance
- Tasks: Provide expert compliance advice and oversight to ensure regulatory obligations are met.
- Company: Join Starling, a disruptive tech bank transforming how people manage their money.
- Benefits: Enjoy 25 days holiday, private medical insurance, and flexible working options.
- Other info: Diverse and inclusive workplace with great career growth opportunities.
- Why this job: Make a real impact in a fast-paced environment while shaping the future of banking.
- Qualifications: Deep knowledge of compliance laws and excellent communication skills required.
The predicted salary is between 40500 - 49500 £ per year.
Hello, we're Starling.
We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way.
We're a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company.
We're a bank, but better: fairer, easier to use and designed to demystify money for everyone.
We employ nearly 4,000 people across our London, Southampton, Cardiff and Manchester offices.
We are now looking for a Senior Compliance Officer to join our team, serving as a critical second line of defence (2Lo D) in guiding and protecting our business.
In this role, you will provide expert regulatory compliance advice while delivering robust oversight and constructive challenge to our first line of defence (1Lo D) operational teams.
Your focus will be on ensuring the business seamlessly meets its regulatory obligations, proactively manages compliance and conduct-related risks, and consistently drives the delivery of good customer outcomes across all operations.
This role is a 12 month Fixed Term Contract.
Responsibilities
- Provide product specific advice as part of a high performing Conduct & Compliance Advice team on a day-to-day basis, ensuring that timely and accurate regulatory compliance and conduct related advice, guidance and support is provided, as well as independent challenge and oversight, to Starling Bank's first line of defence (1Lo D) / business teams.
- Compliance advice will cover all current (and future) products, services and activities across the Bank, as well as overarching compliance requirements, such as Consumer Duty, conduct risk, SMCR, outsourcing, product governance, vulnerable customers, complaints, conflicts of interest etc.,).
- Build strong relationships with 1Lo D to deliver a collaborative working environment between Compliance and the business.
- Support with the development / implementation of the requisite conduct risk and compliance frameworks and policies in line with the Bank's Enterprise-Wide.
- Support with the Compliance Team's monthly reporting pack(s).
- Ability to approve and sign off financial promotions and marketing across all products and services the Bank offers.
- Oversee the submission of SMF applications to the Regulators and ensure the Bank's Management Responsibilities Map remains up to date and accurate.
Hello, we're Starling.
We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way.
We're a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company.
We're a bank, but better: fairer, easier to use and designed to demystify money for everyone.
We employ nearly 4,000 people across our London, Southampton, Cardiff and Manchester offices.
We are now looking for a Senior Compliance Officer to join our team, serving as a critical second line of defence (2Lo D) in guiding and protecting our business.
In this role, you will provide expert regulatory compliance advice while delivering robust oversight and constructive challenge to our first line of defence (1Lo D) operational teams.
Your focus will be on ensuring the business seamlessly meets its regulatory obligations, proactively manages compliance and conduct-related risks, and consistently drives the delivery of good customer outcomes across all operations.
This role is a 12 month Fixed Term Contract.
Responsibilities
- Provide product specific advice as part of a high performing Conduct & Compliance Advice team on a day-to-day basis, ensuring that timely and accurate regulatory compliance and conduct related advice, guidance and support is provided, as well as independent challenge and oversight, to Starling Bank's first line of defence (1Lo D) / business teams.
- Compliance advice will cover all current (and future) products, services and activities across the Bank, as well as overarching compliance requirements, such as Consumer Duty, conduct risk, SMCR, outsourcing, product governance, vulnerable customers, complaints, conflicts of interest etc.,).
- Build strong relationships with 1Lo D to deliver a collaborative working environment between Compliance and the business.
- Support with the development / implementation of the requisite conduct risk and compliance frameworks and policies in line with the Bank's Enterprise-Wide.
- Support with the Compliance Team's monthly reporting pack(s).
- Ability to approve and sign off financial promotions and marketing across all products and services the Bank offers.
- Oversee the submission of SMF applications to the Regulators and ensure the Bank's Management Responsibilities Map remains up to date and accurate.
Requirements
- Deep working knowledge of relevant laws, regulations, and industry best practices related to compliance, and financial services, including BCOBs, CONC, LSB, PSD2, SYSC and MCOBs (advantageous) etc.
- Excellent communication (written and verbal), relationship building and influencing skills, with the ability to communicate effectively to a variety of audiences, including senior management and committees
- Proven analytical skills and problem solving skills, with the ability to understand and interpret business knowledge.
- Detailed knowledge and experience of identifying key Conduct and Compliance risks.
- Sound judgement and decision making, planning and prioritisation skills, with the ability to see things through to resolution at all times.
- Proactive with regards to ownership and oversight of emerging and existing compliance and conduct issues and risks.
- Have a naturally curious and inquisitive approach to work, proactively questioning the status quo where appropriate.
- Be resilient and not shy away from having difficult conversations.
- Willingness to share knowledge with the team and collaborate across all product lines with all members of the team.
Benefits
- 25 days holiday (plus take your public holiday allowance whenever works best for you)
- An extra day's holiday for your birthday
- Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
- 16 hours paid volunteering time a year
- Salary sacrifice, company enhanced pension scheme
- Life insurance at 4x your salary
- Private Medical Insurance with Vitality Health including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
- Generous family-friendly policies
- Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
- Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships
About Us
You may be put off applying for a role because you don't tick every box.
Forget that!
While we can't accommodate every flexible working request, we're always open to discussion.
So, if you're excited about working with us, but aren't sure if you're 100% there yet, get in touch anyway.
We're on a mission to radically reshape banking - and that starts with our brilliant team.
Whatever came before, we're proud to bring together people of all backgrounds and experiences who love working together to solve problems.
Starling Bank is an equal opportunity employer, and we're proud of our ongoing efforts to foster diversity & inclusion in the workplace.
Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.
By submitting your application, you agree that Starling Bank may collect your personal data for recruiting and related purposes.
Our Privacy Notice explains what personal information we may process, where we may process your personal information, its purposes for processing your personal information, and the rights you can exercise over our use of your personal information.
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Senior Compliance Officer - 2LoD Regulatory Advisory in London employer: Starling
Starling is an exceptional employer that fosters a culture of collaboration and innovation, making it an ideal place for engineers to thrive. With a hybrid working model, employees enjoy flexibility while benefiting from comprehensive support for professional growth and development. The positive work environment, coupled with a commitment to clean coding practices, ensures that team members are empowered to tackle complex challenges and contribute meaningfully to the future of banking.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Compliance Officer - 2LoD Regulatory Advisory in London
✨Dive into Industry Groups
Join compliance and risk management groups on platforms like LinkedIn and Facebook. These communities often share temp job postings and insights. You’d be surprised at how many temporary gigs float around through word of mouth!
✨Showcase Your Expertise
Consider creating content on compliance topics that get you noticed—think LinkedIn articles or even a blog. This not only shows off your knowledge but can grab the attention of companies like Starling when they’re searching for someone to fill a temporary position.
✨Tap into Recruitment Agencies
Reach out to recruitment agencies that specialise in compliance and risk roles. They’re usually in touch with companies looking to fill temporary roles, which can save us a lot of time in our job search.
✨Go Local with Networking
Attend local compliance and risk seminars or workshops. Meeting professionals in our area can open up temp opportunities, and it’s a great way to make your face known in the industry—plus, you might even meet someone from Starling!
We think you need these skills to ace Senior Compliance Officer - 2LoD Regulatory Advisory in London
Some tips for your application 🫡
Show Your Compliance Know-How:When you’re applying for a compliance-risk role like Senior Compliance Officer - 2LoD Regulatory Advisory, make sure to highlight your understanding of industry regulations and risk management principles. Mention any relevant coursework, certifications, or projects that showcase your expertise in these areas—it's what sets you apart!
Highlight Your Analytical Skills:In the compliance-risk field, strong analytical skills are essential. Talk about your experiences that required critical thinking and data analysis, whether in past roles, internships, or academic projects. Show us how you've identified risks and implemented solutions in the past.
Tailor Your CV for the Temporary Role:Since this is a temporary role, focus on your availability and flexibility in your CV. Highlight any previous short-term roles or projects that demonstrate your ability to adapt quickly and deliver results in a fast-paced environment. This helps employers see you as an easy fit in their team!
A Concise Cover Letter is Key:Keep your cover letter short and focused! Explain why you're interested in the compliance-risk area specifically for this temporary position at Starling. Mention what you hope to learn and achieve, showing your enthusiasm and motivation to contribute positively during your time there.
How to prepare for a job interview at Starling
✨Know Your Compliance Basics
Make sure you're clued up on the key compliance and risk regulations pertinent to the industry you're applying to. Understanding frameworks like GDPR or AML will not only impress but also show that you’re ready to hit the ground running in your temporary role at Starling.
✨Prepare for Scenarios
Expect scenario-based questions that test your problem-solving skills. They might ask how you'd handle a specific compliance issue. Think through real situations you’ve encountered in past roles or study hypothetical cases to showcase your analytical skills and practical judgement during the interview.
✨Highlight Your Adaptability
Since this is a temporary position, emphasise your ability to adapt quickly to new environments and team dynamics. Share examples of how you’ve successfully adjusted to changes in past roles and how this flexibility can benefit Starling in the short term.
✨Gather Your Technical Tools
Familiarise yourself with commonly used compliance tools or software, as they might come up in the interview. If you've used tools for risk assessments or compliance tracking, mention those and be ready to discuss how they can streamline processes at Starling.
