Job Description
Key info:
* Permanent role paying up to 95k
* Lending/retail banking experience essential
* Deputy MLRO and member of Risk Committee
* Provide an effective 2nd line compliance, financial crime and data protection framework, plan, and maintain relations with 3rd line assurance.
* Own, develop and review all company policies (except credit), ensuring all employees are educated on the latest regulation, process, and good practice.
* Material focus on protecting the business from Financial Crime
* 3 days in office, 2 from home
Financial Crime
* Responsible for implementing and maintaining all Financial Crimes policies and procedures
* Carry out a second line 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
Data Protection and Security
* 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
General Compliance
* 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
Required skills/experience:
* 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
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