Compliance Officer - Mortgage & Savings

Ultimate Banking Ltd
19 Mar 2017
18 Apr 2017
Contract Type
Part Time

Our client is a traditional, well-established, respected and successful financial services organisation and they are currently recruiting for a Compliance Officer owing to an internal promotion. Reporting to the Compliance Manager, the main purpose of the role is to ensure that the company is compliant with legislation and PRA/FCA requirements. They are flexible in regard working patterns, this could be a full time opportunity for someone or a job share between part time members.


  • Ensuring that the company is compliant with all relevant legislation and PRA/ FCA requirements
  • Leading by example in all matters relating to Conduct Risk, Data Protection and Information Security
  • Providing second-line of defence compliance assessments for the business through delivery of the Compliance Monitoring Plan
  • Ensuring that the company’s business areas keep their control and procedure documentation and the website up to date
  • Reviewing and providing advice on processes and documentation to ensure that Conduct Risk and TCF are at the heart of their culture
  • Assisting with the design of, and delivering, the Compliance Monitoring Plan
  • Carrying out reviews to ensure compliance with BCOBS
  • Working with the Risk and Reporting Manager and internal auditors to agree the annual internal audit plans and that their activities focus on the areas of highest risk
  • Acting as Secretary for the Audit, Risk and Compliance Committee
  • Liaising with external bodies relating to compliance, regulatory and financial crime issues
  • Acting as MLRO in the absence of the Compliance Manager
  • Reviewing Suspicious Activity Reports and, where appropriate, reporting suspicions to the NCA
  • Carrying out staff training on regulatory or financial crime matters

Skills & Experience Required:

  • Previous experience in working in a similar role for a FCA/PRA regulated firm (essential)
  • Working knowledge of regulatory sourcebooks, e.g. MCOBS, BCOBS, DISP etc. (essential)
  • Previous experience in a review oriented position, e.g. audit, quality control, compliance monitoring etc. (essential)
  • Good communication skills, both verbally and written (essential)
  • Previous experience working with mortgages and/or savings (preferable)
  • Relevant professional qualification held, e.g. CeMAP (preferable)
  • Knowledge of financial crime and money launder legislation (preferable)