£95K/yr
London, England
Permanent, Variable

Senior Compliance Monitoring Manager

Posted by Broster Buchanan Ltd.

  • Excellent salary and company benefits.
  • A role with great exposure and continued development.
  • A supportive and growing organisation.

What you will be doing:

  • Lead continuous improvement activity on the Monitoring Methodology ensuring that tools, techniques and processes are robust and fit for purpose.
  • Lead second line of defence assurance reviews in accordance with the annual Compliance Monitoring Plan.
  • Delivery of high quality Monitoring reports, suggesting remedial action where required and tracking issues to closure.
  • Undertake root cause analysis of identified issues and provide feedback and/or escalation as appropriate.
  • Track all raised findings and recommendations made to the business, ensuring actions are closed in a timely manner and that those actions are adequate to address the finding.
  • Production of monthly QA Mi for the Head of Conduct & Compliance Monitoring to review on an ongoing basis.
  • Track delivery of the annual Compliance Monitoring Plan, reporting on completion rates to support the Head Of Conduct & Compliance Monitoring in delivery the CMP on time.
  • Undertake quality assurance of the Monitoring Team adherence to Methodology providing feedback and coaching as necessary.
  • Maintain detailed knowledge of all relevant regulatory requirements.
  • Keeping up to date with industry developments in consumer credit.
  • Undertake any other reasonable tasks as requested by management.

Who you are and what you'll need:

Our ideal candidate will be a consummate professional with the following knowledge, capability and experience:

  • Experience of developing and working with Compliance Methodology is advantageous.
  • Ability to constructively feedback development points to other business functions to drive a positive compliance culture whilst adhering to regulatory and company guidelines.
  • Experience of carrying out internal monitoring, producing comprehensive reports and advising on remedial action where necessary, tracking issues to closure.
  • Experience in a Consumer Credit Compliance environment, with proven experience in a similar Compliance role.
  • Ability to influence stakeholders to take ownership of issues and follow-up to ensure these issues are remediated.
  • Excellent work ethic with a real passion to drive improvement.
  • Strong communication skills both oral and written and be able to deliver confidently to all levels of the business.
  • Calm manner and sensible approach are required, as you may have to deal with difficult situations in highlighting any business issues.
  • Proactive and able to work on your own initiative, juggle competing demands whilst effectively managing your own workload.
  • Experience of working with key FCA applicable regulations including PRIN, TC, TCF, SYSC, PERG, CONC, DISP and PSD2
  • Ability to keep up-to-date with industry developments in Consumer Credit and other relevant regulations.
  • Leadership experience in a Compliance environment.
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