Compliance Officer

A leading specialist lender renowned for their expertise in Bridging Finance and Buy-to-Let (BTL) mortgages currently requires Compliance Officer a to join its highly successful and vibrant team, on a hybrid basis, and in the Manchester area.

Its commitment to excellence and innovative financial solutions has earned them a strong reputation in the industry.

Compliance Officer General Purpose

The Audit and Compliance Supervisor will support the organisation by ensuring adherence to regulatory standards, company policies, processes, and best practices. This role involves performing regular audits, identifying compliance risks, implementing corrective actions, and creating a culture of compliance within the-organisation. The successful candidate will collaborate with cross-functional teams to strengthen internal controls and maintain transparency in processes.

Compliance Officer Main Duties

Audit Planning and Execution

• Develop and execute internal audit plans based on risk assessments and compliance needs.
• Conduct comprehensive audits of operational processes, ensuring they align with internal policies and regulatory standards.
• Document findings, maintain audit work papers, and communicate audit results to senior management with recommendations for improvement.

Compliance Monitoring

• Oversee and monitor compliance with legal, regulatory, and internal policy requirements across the organisation.
• Action the company’s fraud alerts and assess the risk to the business
• Review Suspicious Activity Reports and provide training and guidance to staff

Policy Development and Training

• Working with the Head of Operations to develop, review, and update internal policies and procedures to ensure compliance with regulations and best practices.
• Maintain the business process maps, training documents and How To Guides
• Provide training sessions for staff on compliance requirements and promote a culture of compliance awareness.

Risk Assessment and Control Testing

• Perform ongoing risk assessments to identify potential compliance vulnerabilities and areas for improvement.
• Incident Investigation and Resolution
• Investigate compliance breaches or audit findings, working with relevant teams to identify root causes.
• Recommend corrective actions and track the resolution of compliance issues to ensure timely implementation.
• Report serious compliance issues to senior management, ensuring prompt and effective responses.

Compliance Officer Person Specification

Qualifications:

• Understanding of regulatory requirements and industry standards.
• Strong analytical skills, attention to detail, and ability to interpret complex regulations.
• Excellent communication skills and ability to work collaboratively with cross functional teams.
• Proficiency in Microsoft Office Suite

Key Competencies:

• Analytical thinking and problem-solving
• Strong ethical standards and integrity
• Organisational skills and attention to detail
• Ability to communicate complex information clearly and effectively
• Risk assessment and mitigation