Salary: £37,000 – £40,000 depending on breadth of experience
Hours: Mon–Fri, 9.00 am to 5.00 pm
Benefits
- 24 days holiday, and in addition all public/bank holidays.
- Generous Company Pension & Life Assurance after qualifying period.
- Wellbeing and Smart Health Employee Assistance Programme.
- Hybrid working pattern: combination of office and WFH days per week.
- Flexible pattern across core hours available.
- Free onsite parking.
- Free electric car charging point onsite.
This is a superb opportunity to further your career in risk and compliance with a leading ethical financial institution.
About us
Ecology Building Society is a successful member-owned Building Society with a clear environmental focus and a mission to promote sustainable development. We are committed to building a greener society through the provision of a range of simple, ethical savings products to support mortgages for properties and projects which respect the environment.
As a building society, we are dual regulated by both the PRA and the FCA. Our Risk and Compliance team provide the Society’s second line of defence and in conjunction with our operational first-line risk owners, protect the Society from emerging and varied risk types including credit, financial, ethics, operational and strategic risks.
About the role
We are currently recruiting for a Compliance Specialist with a financial services background to join our team on a permanent basis.
The Compliance Specialist will be responsible for facilitating the ongoing development and implementation of the compliance framework including conduct risk controls.
Main areas of responsibility
- Be the subject matter expert in compliance and conduct risk understanding the risks which the Ecology may be exposed to
- Ensure the Society complies with current and emerging regulations and meets its regulatory obligations
- Work closely with the business functions to understand their business area and their type of compliance exposure and to be proactive in promoting workable solutions, ensuring collaboration with the business areas to promote a compliance and conduct aware culture.
- Provide compliance and conduct risk management expertise, advice and guidance to operational service delivery functions and specialist functions
- Creation and maintenance of Compliance and Conduct Policies and Procedures
- Be the subject matter expert for data protection and GDPR
- Lead the Society’s regulatory horizon scanning and interpretation of new and amended legislative requirements
- Support Regulatory liaison, managing requests for information, investigations, and breach reporting as appropriate
- Identify material compliance and conduct risks, assess the effectiveness of control design, changes and ensure that any control gaps identified are managed until closed within a timely basis
- Elevate, report, and investigate compliance errors, losses and near misses, identifying the root causes and overseeing the implementation of corrective actions
- Production of insightful compliance and conduct MI for Senior Management and Governance Committees, highlighting relevant and key compliance issues and metrics adding quantitative/qualitative risk analysis
- Act as governance for the Society’s Risk Committee
About you
You are an independent and critical thinker.
You bring excellent delivery skills, assume responsibility for your own work and manage timelines adequately and independently.
You have 3 years of experience in a financial institution with solid general knowledge /experience in compliance Management.
You understand business processes in Banking or Building Society business.
You are an analytical person, able to manage ambiguity, and embrace change.
As a strong communicator, you have the ability to seamlessly interact with colleagues across functions, and on all levels.
Have the people skills to influence appropriately, to 'take people with you', and build effective working relationships.
Qualified desired
- Qualifications: A relevant Risk Management / Compliance qualification is desirable.
- Knowledge Compliance Frameworks, especially conduct risk
- Knowledge of both the FCA and PRA.
- Working knowledge of the Building Society sector is desirable.
If you would like to be part of our team and help make a difference, then please send your CV and a covering letter outlining your suitability for the role and your alignment with our mission to [email protected]. Applications without a covering letter will not be considered.
Please note that the successful candidate will be required to undergo a Basic DBS and credit check.
Contract length: Permanent
Application deadline: 13 May 2022
