Compliance Officer
London (Remote working with occasional travel to Bulgaria )
Salary- £50,000-£55,000
Role Overview
We are seeking a passionate and detail-oriented Compliance Officer to join our clients dynamic Risk and Compliance team. This role offers an exciting opportunity to play a critical part in managing distributor oversight, third-party activities, and ensuring robust compliance across our organization.
Key Responsibilities
Distributor Management
* Maintain and enhance distributor onboarding standards
* Support first-line teams in collecting and analyzing distributor documentation
* Provide provisional sign-off for potential new distributors
* Conduct comprehensive monitoring and oversight of distributor portfolio
Compliance Oversight
* Develop and distribute detailed monitoring reports
* Collaborate directly with distributors and account managers
* Provide pragmatic, risk-mitigating compliance advice
* Offer expert guidance on compliance matters including onboarding, financial promotions, fraud, and consumer duty
Regulatory Reporting & Compliance
* Own the RegData reporting process
* Ensure timely and accurate regulatory submissions
* Scope compliance impacts for new and existing outsourced providers
* Conduct compliance training for outsourced providers
* Review outsourced activities for regulatory adherence
Financial Crime & Consumer Protection
* File Suspicious Activity Reports (SARs) with the National Crime Agency
* Manage CIFAS application and onboarding
* Conduct consumer duty analyses for new partners
* Review customer outcome data
* Proactively identify and escalate potential areas of customer harm
Required Skills & Experience
* Minimum 3 years of experience in financial crime and compliance
* Preferred experience with distributor oversight
* Strong analytical and problem-solving skills
* Excellent communication and interpersonal abilities
* Ability to work independently while maintaining strong team collaboration
* Assertive and proactive approach to compliance management
* Highly organized with meticulous attention to detail
* Comprehensive understanding of current and emerging regulatory requirements