Our client is a specialist mortgage lending company with exciting growth plans. They are looking for a Compliance Officer to join the team on a hybrid working basis.
THE RESPONSIBILITIES:
Own, maintain, develop and review compliance policies, advising management on possible risks
Maintain the compliance monitoring calendar
Advise management on the company’s compliance with regulation through regular reporting
Develop and implement audit calendar with is approved by Risk Committee for internal and external oversight
Engage with 3rd party auditors and manage audit process and findings
Create and manage action plans in response to audit findings and outcomes
Conduct Internal reviews against the firm’s own policies e.g. third party introducers
Complete all required regulatory returns and CIFAS returns/attendance at CIFAS meetings
Responsible for implementing and maintaining all Financial Crimes policies and procedures
Carry out a second line of defence role
Maintain the firm’s financial crime risk assessment tool
Produce relevant management information regarding Financial Crime and draft the annual MLRO report
Investigate Suspicious Activity Reports and report the relevant law enforcement body if required
Maintain knowledge on financial crime legislation and good practice (including attending external training and CIFAS Mortgage Sector Working Party Group)
Keep the firm’s Board and Risk Committee up to date on any upcoming changes which would impact the firm
Provide ongoing training to firm on financial crime
Responsible for ensuring Data Protection and Security Policies are in place and maintained
Responsible for maintaining appropriate registers such as Register of Processing Activities
Manage borrowers’ rights under data protection legislation e.g. Data Subject Access Requests
Data Security management – Review proposed changes and new IT software from a data protection and security perspective
Liaising with IT to conduct Phishing Exercises and similar
Maintain and update the firms Complaints Handling Procedures
Conduct complaint investigations and issue final response letters as appropriate
Liaise with the Financial Ombudsman Service
Conduct Route Cause Analysis
Arrange for employment vetting to be conducted using an external agency
Design and implement a compliance induction
EXPERIENCE REQUIRED:
Minimum 3 years proven experience in compliance role at a mortgage lender
Strong knowledge of PRA & FCA regulation of mortgage industry including CBTL
Able to work with minimum supervision
Strong attention to detail and analytical skills
Able to hold their own with senior colleagues
For further information, please contact Spencer Evans
