Compliance Specialist, Risk & Control Monitoring

Richards Abelson
Leeds, West Yorkshire
£40,000 - £47,500 + Bonus + Benefits
03 Dec 2018
02 Jan 2019
Experience Level
Contract Type
Full time, Permanent

Overview & Purpose

My client is a major consumer credit financial services company operating in the UK.

They are currently looking for an individual who will carry out risk-based monitoring/testing across the Groups Commercial and Operational functions.

Sitting in the 1st line of defence activities will include creating and delivering control testing plans, assessing compliance with policy and procedures and oversight of regulatory change activity.

Key Accountabilities

  • Support the creation of risk based monitoring/testing plans for risk and control activity across the group.
  • Perform testing of controls to identify gaps and weaknesses and work with key stakeholders to establish an action plan to close any deficiencies;
  • Assess compliance with relevant regulatory and statutory requirements (including those as detailed in the FCA Handbook);
  • Review adherence to policy and procedures, considering both commercial and customer impact;
  • Support change activity to ensure risks are managed, appropriate controls are implemented and policies and procedures are updated when required;
  • Assist with establishing control frameworks for Valuation Creation Plan (VCP) initiatives;
  • Test controls and report on Change and VCP initiatives once delivered;
  • Support the regulatory change process to ensure that the business is appropriately aware of ‘over the horizon’ regulatory news / requirements / consultations papers;
  • Assist the business to identify and manage risks and support a regular RCSA process;
  • Assist with the management of incidents and work with the relevant business area owners to ensure that issues/incidents are reported, remediated and root cause analysis performed;
  • Preparation of reporting and presentations for senior management and relevant committees;
  • Assist the implementation of enhancements to the Groups Risk Framework into the organisation;
  • Support maintenance of the internal risk and control recording system.

Experience Required

  • Previous experience in risk and compliance monitoring roles within a financial services environment;
  • Understanding of FCA and legal requirements related to consumer finance;
  • An understanding of the way processes works and how controls can influence the effective management of risk within the business environment;
  • Experience in preparing customer journey and thematic review reporting;
  • Previous experience of supporting the creation of Committee / Forum papers;
  • Strong language skills – written and verbal;
  • Structured and organised approach;
  • Ability to work autonomously to analyse and articulate key requirements;

Ability to work well with colleagues of all levels

Apply for Compliance Specialist, Risk & Control Monitoring

Already uploaded your CV? Sign in to apply instantly


Upload from your computer

Or import from cloud storage

Your CV must be a .doc, .pdf, .docx, .rtf, and no bigger than 1MB

4000 characters left

Marketing Communication

We'd love to send you information about Jobs and Services from Jobs In Risk by email.

All emails will contain a link in the footer to enable you to unsubscribe at any time.

When you apply for a job we will send your application to the named recruiter, who may contact you. By applying for a job listed on Jobs In Risk you agree to our terms and conditions and privacy policy. You should never be required to provide bank account details. If you are, please email us.

Similar jobs

Similar jobs