At a Glance
- Tasks: Identify and mitigate regulatory risks while ensuring compliance with financial regulations.
- Company: Join Triodos Bank, a leader in sustainable banking focused on positive change.
- Benefits: Enjoy flexible hybrid working, competitive salary, and extensive non-contributory benefits.
- Other info: We value diversity and encourage applications from all backgrounds.
- Why this job: Make a real impact in a values-led organisation committed to sustainability.
- Qualifications: Experience in compliance within UK financial services and knowledge of relevant regulations.
The predicted salary is between 39000 - 46000 £ per year.
Triodos Bank is an award-winning organisation and one of Europe’s leading sustainable banks, whose mission is to make money work for positive social, environmental, and cultural change. We offer a wide range of banking services for people who want to use their money consciously – from current accounts through to investments and savings. We only finance companies, organisations and projects that benefit people and the environment.
The Opportunity: As Compliance Officer, you will report to the TBUK Head of Compliance and be responsible for providing second line (2nd line) advice, guidance, and assurance regarding regulatory risk exposure and TBUK’s compliance with relevant regulatory requirements. This role offers the benefits of flexible hybrid working, typically requiring 2 days per week in our Bristol office, with the option to work from home on the other days. This is a great opportunity to make a real impact within a values-led organisation.
Responsibilities:
- Proactively identify and mitigate regulatory risk using a risk-based approach, in line with TBUK’s risk appetite.
- Support and deliver Compliance monitoring reviews across TBUK, reporting on areas of risk and engaging with Group Compliance as required.
- Provide pragmatic Compliance advice and guidance, anticipating risks and offering clear solutions.
- Develop and oversee action plans in partnership with business units to address compliance risks outside of appetite, monitoring through to completion.
- Analyse legislative and regulatory changes, translating their impact into risk frameworks and policies, and providing timely guidance to the business.
- Produce Compliance reports and action plans, including analysis of risk exposure and mitigation for governance and Group Compliance.
- Represent TBUK Compliance at meetings and support local functions, confidently challenging and following up on concerns as needed.
- Maintain and develop frameworks, policies, and procedures, and support process improvements and projects as required.
What we are looking for:
As Compliance Officer, you will have a strategic and working knowledge of the UK financial services market, regulatory and industry bodies, and some relevant European regulations, including the FCA (specifically the Consumer Duty), anti-money laundering (AML) legislation and guidance, data protection, and some Banking compliance knowledge; a Compliance qualification is desirable, as is knowledge of the application of Artificial Intelligence in a financial services or Compliance context. You will have a proven track record in a Compliance-related role within UK financial services, with experience in Compliance monitoring, project support, and providing technical advice and guidance, ideally in banking and investment products. You will be comfortable organising and overseeing your own work programme, and meeting targets and deadlines. You will have strong attention to detail, an ability to interpret and communicate complex legal and regulatory information, and a pragmatic approach to risk and remediation. You will also be able to write and oversee a range of Compliance reporting and see tasks and projects through to completion.
What We Offer:
In return for your hard work and expertise, you will receive a competitive full time equivalent salary of £39,000 – £46,000, depending on experience, plus access to our extensive benefits package, where most of our benefits are non-contributory.
- Pension & Insurance
- Non-contributory pension scheme offering 8% salary in your first year and 10% salary thereafter
- Life Assurance (worth 4 times basic pay)
- Income Protection
- Private Medical Insurance
- 27 days’ holiday (full-time equivalent) plus bank holidays, rising to 30 days after 2 years
- A buy and sell holiday scheme
- 1 wellbeing day and £200 wellbeing allowance per year
- Vitality Leave – a part paid sabbatical of up to 3 months after you’ve been with us for 5 years, and every 7 years thereafter
- Company sick pay
- Health Cash Plan
- Family
- Company maternity, adoption, and partners’ pay including additional leave for premature births
- 5 days fully paid carers’ leave
- 10 days fully paid fertility leave
- 10 days fully paid miscarriage leave
- Other
- Cycle to work scheme
- Refer a Friend scheme
Our Commitment to Inclusion: At Triodos Bank, we are committed to building a diverse and inclusive organisation. We particularly welcome applications from underrepresented groups and neurodiverse candidates, and we value different career paths and lived experiences. Please apply as soon as possible if this opportunity is of interest, as we reserve the right to close the vacancy once sufficient applications are received.
Compliance Officer employer: Triodos Bank UK
Triodos Bank is an exceptional employer, offering a unique opportunity to work within a values-driven organisation dedicated to making a positive impact on society and the environment. With flexible hybrid working arrangements based in Bristol, employees benefit from a comprehensive non-contributory benefits package, generous holiday allowances, and a strong commitment to diversity and inclusion, fostering a supportive work culture that encourages personal and professional growth.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Triodos Bank UK looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Officer
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Triodos Bank UK. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Triodos Bank UK
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Triodos Bank UK’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
