THE COMPANY:
Our client is a specialist mortgage lending company with exciting growth plans. They are looking for a Compliance Officer to join the team on a hybrid working basis.
THE RESPONSIBILITIES:
Our client is a specialist mortgage lending company with exciting growth plans. They are looking for a Compliance Officer to join the team on a hybrid working basis.
THE RESPONSIBILITIES:
- 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
- Responsible for implementing and maintaining all Financial Crimes policies and procedures
- Carry out a second line of defence 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
- 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
- Maintain and update the firms Complaints Handling Procedures
- Conduct complaint investigations and issue final response letters as appropriate
- Liaise with the Financial Ombudsman Service
- Conduct Route Cause Analysis
- Arrange for employment vetting to be conducted using an external agency
- Design and implement a compliance induction
- Minimum 3 years 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