Compliance Manager

Job Description

Feel like being part ofThe Compliance and Conduct Risk team in Aldermores second line Risk function plays a key role in ensuring we balance our growth with robust risk management and controls, supported by effective governance, policies and procedures. Whether working in Compliance,Operational Risk, Enterprise Risk, Credit Risk, Retail or Business Finance Risk, everyone helps to implement and embed a risk management ethos and culture that ensures our customers are treated fairly whilst supporting our business model and strategic priorities.The role of Compliance Manager is really important to us. This role requires you to lead on Compliance, Conduct, Product and Distribution Oversight within the second line compliance oversight team.Youll be expected to support the business with strategic initiatives, and improvements, developing colleagues to excel in their understanding and interpretation of regulatory compliance matters. Providing advice and guidance on regulatory compliance matters,supporting business stakeholders and the wider Risk team.This role is based out of our Manchester office. You will be able to work a flexible blend of both home and office each week. Youll be made to feel part of your new team by your Line Manager, and colleagues through regular contact and virtualinteraction.What would your day look like

• Supporting the Compliance leadership team, by providing day-to-day advice and guidance on regulatory compliance matters across the Group (Aldermore Bank and MotoNovo Finance).
• Developing and educating others within the team and within First Line on Customer and Conduct Compliance matters and being able to translate complex regulations into comprehensible and clear advice and guidance.
• Demonstrating a deep understanding of product governance and the relevant regulatory sourcebooks (MCOB/ICOB/CONC/BCOBS).
• Working closely with key stakeholders across the Aldermore Group, Bank and MotoNovo Finance businesses to implement regulatory risk best practice and develop first line knowledge.
• Lead oversight of annual product reviews, adequacy and effectiveness of compliance owned policies, deep dives, risk events, and provide specialist support and challenge to enhance rigour.
• Overseeing and challenging whether there are effective systems & controls in place within (but not limited to) Product Governance; Marketing & Financial Promotions; Training & Competency; Remuneration; Product Design/Changes.
• Provide support, challenge, and oversight around projects and new product development.
• Monitor material Risk Events ensuring appropriate remedial work is undertaken by first line business areas and tracked to conclusion.
• Ensure that regulatory risks, new and existing, are considered in relation to product launches and changes to ensure effective product governance/management and the achievement of good outcomes for the customer, business, and client.

What do we expect of you

• 3-5 years demonstrable experience working within a second line compliance function of a Bank, Building Society, Consumer Credit Firm or notable Consultancy firm.
• Demonstrated ability to lead, support and motivate others.
• Exceptional technical knowledge and understanding of FCA product-based sourcebooks.
• Deep knowledge of key Compliance and Conduct regulatory risk topics such as Consumer Duty, Vulnerable Customers, and SMCR.
• Experience of working in a compliance or second line risk function and SME compliance experience gained in a relevant field.
• Excellent time management and prioritisation skills.
• Strong ability to provide robust challenge and support.
• Ability to interpret regulations and determine impact on the business.
• Ability to build/develop relationships across a wide stakeholder community promoting a culture of positive customer outcomes.
• Excellent communication skills with the ability to collaborate with front office and support functions.
• Ability to plan and flex workloads according to need.
• Strong strategic thinking and ability to provide effective read across of regulatory change to business practices.

What can you expect of us

• A friendly and flexible culture, synonymous with our proposition to our customers.
• A growing organisation that defines itself as being nimble, lean, and strong.
• A drive for continuous improvement, which you will be empowered to get behind from day one.
• A communicative, accessible, and approachable ExCo.

And of course, you will be compensated competitively, with a good range of core benefits and bonus potential.The BenefitsAs you would expect, we offer a competitive basic salary and reward package, and youll also benefit from our commitment to investing in your professional development throughout your journey with us.Benefits vary across the business depending on the role you do, but these will give you an idea of what to expect:

• 30 days holidays (plus bank holidays)
• Annual discretionary bonus scheme
• Private Medical Cover
• Group income protection
• Life Insurance