Compliance Assurance Executive (Financial Services)
- Recruiter
- Petlab Co.
- Location
- Chester, UK
- Salary
- Competitive salary
- Posted
- 30 Nov 2021
- Closes
- 03 Dec 2021
- Ref
- 2682979701
- Job role
- Compliance/risk
- Sector
- Accounting - Public practice
Target Group is one of the leading business service provider revolutionising our client's businesses through Financial Service expertise and innovation. As we soar through a period of growth, we have an exciting opportunity to join our Compliance team.
We are currently looking for an experienced Compliance Assurance Executive with knowledge of the FCA regulated industry, to join us on a permanent basis. This role is primarily remote working but will have an element of office working.Our Compliance Assurance Executives deliver a robust Second Line Assurance programme across all areas of the business; including the servicing of mortgages, loans, investment products and complaints. This role ensures that Target Group remains compliant with all relevant regulatory obligations and tests against approved policies and procedures, identifying and recommending enhancements to drive continuous improvements and fair outcomes for customers.
Your main responsibilities will include:
We are currently looking for an experienced Compliance Assurance Executive with knowledge of the FCA regulated industry, to join us on a permanent basis. This role is primarily remote working but will have an element of office working.Our Compliance Assurance Executives deliver a robust Second Line Assurance programme across all areas of the business; including the servicing of mortgages, loans, investment products and complaints. This role ensures that Target Group remains compliant with all relevant regulatory obligations and tests against approved policies and procedures, identifying and recommending enhancements to drive continuous improvements and fair outcomes for customers.
Your main responsibilities will include:
- Perform testing and risk reporting in line with the annual Compliance Business Plan - conducting Thematic & Focussed reviews on a broad range of regulatory requirements.
- Regular monthly testing activities including; Holistic Arrears Handling End to End customer outcome testing, but also Complaints, Investments, CASS, DSARs and Regulatory Letter Monitoring.
- Escalate any issues through appropriate mechanisms to ensure that corrective or remedial action is performed.
- Ensure issues are appropriately graded in line with department procedures and guidelines.
- Identify business improvements which may drive revenue generating change controls or reduce exposure to financial loss.
- Maintain appropriate record keeping of all outcomes testing for evidential and reporting purposes in line with department procedures.
- Knowledge of financial services market, financial products and associated regulation of the industry.
- Good knowledge of FCA, CCA, DPA rules and guidance and FCA complaints process (DISP).
- Attention to detail and the ability to present/report information clearly, concisely and accurately.
- Ability to plan work load to ensure delivery to stringent timeframes.
- Strong written and inter-personal communication skills (with experience in business report writing)
- Ability to work on own initiative
- Competitive Salary (£30,000 to £35,000 p/a depending on experience)
- Training & Development
- Pension Contribution (plus salary sacrifice option)
- Private Medical Insurance
- Discretionary annual bonus scheme
- 24 days annual leave plus buy more through our flexible benefits scheme
- Life Assurance
- Flexible benefits scheme
- A modern office and supportive culture
- A fun Sports and Social program (free membership)
- An active Charity and CSR program.