Rev & Regs are recruiting for a ‘Compliance Monitoring Officer’ position, on behalf of a market-leading Consumer Credit business based in London.
The role holder will report into the Head of Compliance and will be responsible for overseeing and implementing an effective compliance monitoring program.
Responsibilities:
* Design and implement a robust compliance monitoring framework to evaluate adherence to regulatory requirements, and internal policies.
* Perform regular compliance reviews and assessments, focus areas include anti-money laundering (AML), Know Your Customer (KYC), data privacy, as well as consumer protection.
* Identify and document potential compliance risks and gaps and provide recommendations for improvement.
* Prepare comprehensive monitoring reports for senior management, highlighting findings, and remedial actions required.
* Present reports to business stakeholders to address any failings.
* Investigate potential compliance breaches and suspicious activities, highlighting any issues to senior management and external bodies such as NCA.
* Provide 2nd line defence assurance to the QA function by reviewing their working processes and providing feedback.
* Conduct risk assessments to identify and mitigate any compliance risks.
* Keep up to date with any new regulatory requirements that effect the consumer credit industry.
Experience:
* Minimum 2 years Compliance Monitoring experience within Consumer Credit industry.
* Good knowledge of regulations and compliance requirements (AML, KYC, GDPR, DISP, CONC).
* Strong understanding of Risk Assessments & Monitoring methodologies.
Salary: £65,000-£75,000 pa + bonus + benefits package
Location: London
If you are interested, please apply today – Dominic.Hull@revandregs.com / 0208 176 5112