Compliance Monitoring Officer

Kind Consultancy is working with a large, national Financial Services business which is currently seeking a Compliance Monitoring Officer to join them in a full-time, permanent position paying up to £32,000 with a hybrid work model requiring 2-3 in-office days per week in their Milton Keynes offices.

The Compliance Monitoring Officer will support the delivery of second line monitoring across the business, with key responsibilities including:

• Contributing to the preparation of the Compliance Monitoring Plan, which is risk-based, and approved by the Group Risk & Compliance Director and Group Audit & Risk Committee.
• Preparing regular, timely, relevant and concise reporting on the Monitoring findings for management, including recommendations for addressing any weaknesses identified.
• Tracking and reporting on the progress of remedial actions and where appropriate, guiding management in implementing necessary improvements.
• As required, acting as "Lead Monitoring Officer" to manage specific reviews and coordinate the activities of other Monitoring Officers in relation to that work.
• Working closely with key business areas and stakeholders, for example the Case Checking Team, across the business to implement the agreed approach to Compliance Monitoring.
• Staying updated on best practices and external developments in the area of Monitoring and ensure that learning is applied.
• Undertaking special investigations as required in response to breaches or other issues arising.
• Identifying and escalating at the earliest opportunity any significant regulatory issues to the line manager in a clear and accurate manner.
• Conducting onsite visits as required to enable planning, testing and reporting to take place.

Our ideal candidate for the Compliance Monitoring Officer opportunity:

• Must have relevant experience within Financial Services industry, with particular knowledge of mortgage services.
• Has a sound understanding of FCA Regulation, including MCOB, ICOBS and DISP.
• Is a team player, with the ability to work unsupervised.
• Has a proven ability to build strong and effective working relationships with stakeholders.
• Demonstrates consistently strong attention to detail and ability to deliver high quality written work and reporting.
• Displays effective oral and written communication skills.
• Has the confidence and credibility to provide appropriate and commercial challenge to the business.
• Holding a professional mortgage qualification (CF1, CF6) or being willing to study for one would be desirable, as would holding a professional compliance qualification (ie. ICA Diploma or Advanced Certificate)

If you're interested in the Compliance Monitoring Officer position and you have the necessary skills, knowledge and experience and live in or can commute to Milton Keynes, please apply with an updated CV today.