Compliance Officer

Love Finance: Compliance Officer - Permanent - Full Time - Birmingham City Centre - Ideally Full Time in the Office - £34,000 - £60,000 depending on experience

**Please note, applications for this role may not be contacted until after the Christmas break**

Love Finance is a leading online finance broker and lender dedicated to empowering UK businesses. Since 2016, Love Finance have been instrumental in assisting thousands of companies in accessing funding via cutting-edge, technology. Ranked in the Top 15 fastest growing finance companies, with Great Places to Work certification and a 4.9-star rating on Trust Pilot, we consistently surpass our targets and are looking to secure a Compliance Officer to continue our growth trajectory.

About You as Compliance Officer:

Love Finance are seeking a dedicated and proactive Compliance Officer to join our team. The ideal candidate will be responsible for ensuring our business operates in full compliance with the Financial Conduct Authority (FCA) regulations and other relevant legal frameworks. This is a critical role, supporting the continued growth and success of the firm by mitigating regulatory risks and ensuring that we meet all compliance obligations in a fast-paced environment.

Role: Compliance Officer

Type: Permanent

Working Pattern: Monday to Friday - Ideally full time in the office

Location: Birmingham City Centre

Salary: £34,000 to £60,000 per annum depending on experience

The Role of the Compliance Officer:

• Regulatory Compliance: Monitor and ensure compliance with all relevant FCA rules and regulations, as well as other applicable legal frameworks. Stay up to date with changes in laws, regulations, and industry best practices
• Policy & Procedure Development: Assist in the development, implementation, and regular review of compliance policies, procedures, and internal controls to ensure they are in line with regulatory requirements and best practices
• Compliance Monitoring & Reporting: Conduct regular compliance monitoring, audits, and reviews to identify potential risks or non-compliance. Prepare and submit internal and external reports to senior management, the FCA, and other regulatory bodies as needed
• Training & Awareness: Provide compliance training to staff at all levels to ensure they are fully aware of regulatory requirements and the company’s internal compliance policies
• Risk Management: Identify, assess, and report on compliance risks, advising senior management on risk mitigation strategies. Work closely with other departments to embed a risk-aware culture across the business
• Regulatory Liaison: Act as the primary point of contact for the FCA and other regulatory bodies, handling regulatory communications and investigations
• Advisory Role: Advise senior leadership, business units, and other stakeholders on compliance-related issues, ensuring that decisions align with regulatory requirements
• KYC & AML Compliance: Oversee anti-money laundering (AML), Know Your Customer (KYC), and other related compliance programs to prevent financial crime and ensure proper due diligence is carried out
• Incident Management: Investigate potential compliance breaches, ensuring timely resolution and reporting to relevant authorities when required
• Third-Party Oversight: Ensure that third-party relationships, including vendors and contractors, comply with relevant regulatory standards

Experience of the Compliance Officer:

• At least 3-5 years of experience in a compliance role within an FCA-regulated financial services firm. Experience with consumer credit, loan brokering and lending is highly desirable
• Knowledge: Deep understanding of FCA regulations, including but not limited to the FCA Handbook, MiFID II and GDPR

Personal Attributes of Compliance Officer:

• High integrity and ethics, with a proactive approach to compliance and risk management
• Solution-oriented and adaptable, with the ability to navigate a rapidly evolving regulatory landscape