FCA Compliance Manager - 12 - 15 month contract
Octopus Energy Group
London, UK
Published 2 weeks ago
Business Compliance
Fixed Term Contract
What we do. Electric Car Leasing
Why we do it. Greener. Fairer. Future.
We are looking for a FCA Compliance Manager who can help us deliver our mission to make it seamless for individuals and businesses to transition to zero-carbon driving.
This is a temporary contract for a minimum of 12 months covering one of the existing team as they head off on maternity leave. There will be a period of handover with the existing manager so that you can get up-to-speed with their responsibilities. You'll also be helping us to support the business to grow by getting stuck into existing team priorities and projects.
You will report to the Head of Risk and Compliance (SMF16) and work with a team of five Risk, Compliance and Financial Crime Managers and Analysts.
The role requires an experienced FCA compliance professional with a solid understanding of the FCA regime, the regulatory landscape and financial services legislation. A consumer credit background as well as a strong understanding of SM&CR is preferred, but candidates will be considered from any financial services background.
In addition, the role requires someone who is comfortable feeding into and delivering against a compliance plan, working both independently and as part of a team, as well as someone detail focused and capable of building good working relationships as part of a second line function, in a business that is rapidly scaling. This is a fast paced environment and one allowing lots of opportunity for growth if you're prepared to get stuck in.
The role is hybrid and you'll be expected in the London office at least 1 day a week, with occasional trips required to other regional offices (currently Weybridge and Brighton). Octopus offers a lot of flexibility to get your job done in the way that best suits you and the business, so if location is something you'd like to discuss more, please reach out to us.
***Please note this is a 12-15 month contract***
What you'll do...
The electric revolution has arrived - and from 2035 you'll no longer be able to buy a new petrol or diesel car in the UK.
We're building a whole new way for drivers to join the electric charge and not only learn about and shop for their EV online, but experience a 'lease for life' through an industry changing customer experience. This is the chance to join one of the UK's most exciting start-ups - making it easy for individuals and businesses to go electric by getting their car, charger and energy all in one cracking deal.
Octopus Electric Vehicles launched in 2018 to make it seamless to switch to cleaner, greener driving. Our mission is to drive sustainable change, decarbonise the planet and provide our customers with fair pricing and a fantastic experience.
We're an Octopus Energy company-an innovative new energy supplier. We are part of the Octopus Energy Group, which seeks to improve the lives of millions of people by transforming the industries we operate in. The Octopus Group incorporates Octopus Energy, Octopus Healthcare, Octopus Investments, Octopus Property, Octopus Ventures and Octopus Labs.
If this sounds like you then we'd love to hear from you.
Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!
Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.
Why we do it. Greener. Fairer. Future.
We are looking for a FCA Compliance Manager who can help us deliver our mission to make it seamless for individuals and businesses to transition to zero-carbon driving.
This is a temporary contract for a minimum of 12 months covering one of the existing team as they head off on maternity leave. There will be a period of handover with the existing manager so that you can get up-to-speed with their responsibilities. You'll also be helping us to support the business to grow by getting stuck into existing team priorities and projects.
You will report to the Head of Risk and Compliance (SMF16) and work with a team of five Risk, Compliance and Financial Crime Managers and Analysts.
The role requires an experienced FCA compliance professional with a solid understanding of the FCA regime, the regulatory landscape and financial services legislation. A consumer credit background as well as a strong understanding of SM&CR is preferred, but candidates will be considered from any financial services background.
In addition, the role requires someone who is comfortable feeding into and delivering against a compliance plan, working both independently and as part of a team, as well as someone detail focused and capable of building good working relationships as part of a second line function, in a business that is rapidly scaling. This is a fast paced environment and one allowing lots of opportunity for growth if you're prepared to get stuck in.
The role is hybrid and you'll be expected in the London office at least 1 day a week, with occasional trips required to other regional offices (currently Weybridge and Brighton). Octopus offers a lot of flexibility to get your job done in the way that best suits you and the business, so if location is something you'd like to discuss more, please reach out to us.
***Please note this is a 12-15 month contract***
What you'll do...
- Collaborate on, deliver and continually strengthen our risk and compliance strategy and framework
- Lead and report on our risk and compliance monitoring and advisory programs including delivering monitoring reviews
- Oversee annual fit and proper assessments under the FCA's SM&CR
- Produce timely and accurate risk and compliance management information to support the Risk and Compliance Committee and the Board
- Ensure that our governance framework evolves alongside the business and that we have appropriate and up-to-date policies, processes and internal reporting
- Ensure that all FCA reporting requirements and communications are handled appropriately and promptly; this includes completing reporting in Reg Data and supporting applications on the FCA Connect platform
- Keep abreast of regulatory requirements and changes, and ensure that the firm's horizon scanning and regulatory change programme is forward looking
- Deliver risk and compliance training to the business and report on the risk and compliance mandatory training programme
- Be a key point of contact for the business on all risk and compliance matters
- Build strong, collaborative relationships with other oversight functions, not just in Electric Vehicles, but across the Octopus Energy Group
- 4+ years experience within a second line FCA regulated risk and compliance function
- A love of building customer centric products and services
- A strong understanding of the FCA's CONC; DISP; PROD; PRIN, COCON and SYSC handbooks, alongside a strong understanding of the FCA's expectations in relation to Consumer Duty and vulnerable customers
- Previous experience of providing both compliance advice and delivering compliance monitoring work
- Excellent written and presentation skills, alongside a keen eye for detail
- Strong stakeholder management and the ability to tailor information to the audience
- Strong change and project management skills, including the ability to manage time well, prioritise effectively and handle multiple deadlines whilst working with (and directing) hybrid teams
- Excellent time management skills and the ability to manage competing priorities
- Ability to problem solve and to suggest and implement solutions
- Ability to collaborate with diverse teams across the business
- A passion for personal development and for driving better ways of working; you'll need to get stuck into a variety of areas as we build and evolve the function
- In addition, the following are desirable:
-A strong working knowledge of the FCA regulations for consumer hire and insurance distribution
-Prior experience with appointed representatives
-Risk management experience, for example with RCSAs and risk registers
- Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit!
- Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! Visit our perks hub - Octopus Employee Benefits
- Octopus Electric Vehicles, part of the Octopus Energy Group, won the Sunday Times best company to work for in 2024. We were named 6th out of the top 100 start-ups to work for by Tempo in 2025 and on Glassdoor we were voted 50 best places to work in 2022. Our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We've also been placed in the top 10 companies for senior leadership
The electric revolution has arrived - and from 2035 you'll no longer be able to buy a new petrol or diesel car in the UK.
We're building a whole new way for drivers to join the electric charge and not only learn about and shop for their EV online, but experience a 'lease for life' through an industry changing customer experience. This is the chance to join one of the UK's most exciting start-ups - making it easy for individuals and businesses to go electric by getting their car, charger and energy all in one cracking deal.
Octopus Electric Vehicles launched in 2018 to make it seamless to switch to cleaner, greener driving. Our mission is to drive sustainable change, decarbonise the planet and provide our customers with fair pricing and a fantastic experience.
We're an Octopus Energy company-an innovative new energy supplier. We are part of the Octopus Energy Group, which seeks to improve the lives of millions of people by transforming the industries we operate in. The Octopus Group incorporates Octopus Energy, Octopus Healthcare, Octopus Investments, Octopus Property, Octopus Ventures and Octopus Labs.
If this sounds like you then we'd love to hear from you.
Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!
Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.