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ABOUT US - MORE THAN MEETS THE EYE
Head of Risk & Compliance
Pawnbroking may not be at the top of everyones list for their next career move. But, perceptions can be deceiving and theres a lot more to us than meets the eye.
Weve been around for a long time (over 125 years) and have built a reputation as a community based financial services provider. In fact, we are the largest pawnbroker in the UK. Were also a major high street retailer with a presence in over 270 high streets and are growing our e-commerce and social commerce focus.
We offer exciting challenges and the ability to build your career in a supportive environment that encourages growth and embraces diverse thinking.
PositionSummary
The Head of Risk & Compliance is responsible for all second-line risk and compliance functions which must ensure the Group operates in accordance with relevant regulation, guidance, any other voluntary codes and its internal policies and procedures.
This includes Financial Crime,Risk & Compliance and Profit Protection.
The Head of Risk & Compliance also fulfils the role of Money Laundering Reporting Officer (SMF17)for the Group.
Reports toThe Head of Risk & Compliance reports to the Chief Executive Officer.KeyResponsibilities
The Head of Risk & Compliance must balance the delivery of a clear long-term risk & compliance strategy with the day to day operational requirements of the role.The function can call on the resources of the business to help in the delivery of risk & compliance objectives but is responsible for their overall effectiveness.
The Head of Risk & Compliance is expected to be the expert on matters relating to the FCA, Money Laundering,financial crime and risk & control and will be called upon to provide the business as required.
The Head of Risk & Compliance is a Senior Management Function under the FCAs Senior Manager & Certification Regime,the regulated responsibilities assumed under this role are documented within a separate Statement of Responsibilities.
1.Remain up to date with all regulatory compliance issues anddevelopments;
2.Assess product, compliance, operational and enterpriserisks;
3.Own the Groups risk framework and appetite policy and develop risk managementstrategies;
4.Conduct periodic internal compliance monitoring reviews to ensure that compliance procedures are followed;
5.Conduct regular risk reviews and ensure key risks are reported to the Executive Directors and the Audit, Security & Compliance Meeting (ASC);
6.Attend and update the Group Risk Committee in regards all risk and compliance issues and progress made against any actions from the Committee;
7.Complete regular riskreviews;
8.Monitor and report to ASC all internal and External Financial Crimerisks;
9.Conduct or direct the internal investigation of complianceissues;
10.Direct the retail profit protection teamsactivities;
11.Establish and develop the relationship with theregulator(s);
12.Manage reporting,disclosures and responses to theregulator(s);
13.Develop appropriate guidance,policies and procedures regarding the regulations for thebusiness;
14.Ensure that those policies are applied day to day;
15.Serve as a confidential point of contact for employees to communicate with management,seek clarification on issues or dilemmas, or report irregularities;
16.Maintain documentation of compliance activities, such as complaints received or investigation outcomes;
17.Prepare management reports regarding risk & compliance operations and progress.
The Head of Risk & Compliance is required to be an approved as a Senior Manager under the FCAs Senior Manager and Certification regime, and must satisfy the fitness and propriety test for the FCA. This approval is in respect of the(SMF17)function. Should the function require authorisation under the SMF16 (Compliance Oversight) function in future then this will also be required.
This is a permanent, full time hybrid opportunity based from our Support Centre in Sutton, Surrey.
WE CELEBRATE YOU!
We believe its the uniqueness of our people which sets us apart. We celebrate that our teams are made up of colleagues from all cultures, backgrounds and walks of life. We welcome diverse experiences. We have an open mind to everything we do and value people who think differently and embrace change.
