Compliance Officer

Salary: £36,000 – £54,000 per year

We are recruiting on behalf of a client based in Mansfield who has a great opportunity for a Compliance Officer within the financial services sector.

Main Tasks of the role:

The role requires you to;

• support the Compliance Manager and the Risk and Compliance Executive in ensuring statutory, regulatory and relevant Code compliance for designated functions.
• To assist with / carry out the development of plans, policies, procedures and systems to ensure the department achieves its objectives in relation to conduct risk and treating customers fairly, compliance with MCOB, ICOBS, BCOBS, AML / Fraud prevention, data security, data protection, complaints, health and safety, and any other regulation / guidance as required.
• To interpret regulation / legislation in order to provide advice, support and guidance (as appropriate) to the business in the implementation of regulatory / legal requirements to ensure full compliance.
• To carry out, evidence and report on 2nd line Compliance monitoring activity and Monitoring reviews, to ensure compliance with regulatory, statutory and procedural requirements in accordance with the agreed Compliance Monitoring Programme and to provide feedback to relevant Managers.
• To carry out, evidence and report on 2nd line oversight of regulated complaints handling and management.
• To review compliance monitoring review work, including Branch Inspections undertaken by the Compliance Support Officer(s) and provide appropriate feedback.
• To carry out / assist in the recording, monitoring and reporting of all activities associated with Financial Crime (including AML / Terrorist Financing and Fraud).
• To check financial promotions, marketing and non-marketing literature to ensure compliance with regulatory and statutory requirements and provide appropriate feedback and advice to relevant staff.

The ideal candidate must;

• Previous experience in a similar role within Financial Services
• Minimum 2 years previous experience of 2nd line Compliance oversight
• Knowledge of;

• FCA Regulatory rules and guidance, including BCOBS, MCOB, ICOB, Complaints; Financial Promotions.
• Financial Crime – Anti-Money Laundering / Fraud Prevention

• Data Protection Regulations

• Ability to interpret and implement regulation / legislation

Please be aware due to regulatory requirements all successful candidates will be subject to a credit check.