Senior compliance analyst
Seccl Technology Limited
Bath, UK
Published 6 days ago
Compliance Management Systems / Technology
About us
Seccl is the Octopus-owned embedded investment platform that's helping more people to invest - and invest well.
Our sector is being held back by old tech, dismal processes and misaligned interests. Together they create pointless complexity for financial planning and investment professionals, and provide outdated, overpriced experiences for customers. We're on a mission to fix it.
We help forward-thinking financial planners, wealth managers and investment platforms to reimagine their business and client experience - empowering them to build better, more sustainable and more valuable operations, and meet the digital demands of the future, not the baseline expectations of the past.
And we do it by reimagining their technology - with a low-cost, hyper-efficient and (genuinely) API-first technology infrastructure that handles millions of requests every day, and powers the portfolios of more than 160,000 investors.
A regulated custodian and ISA/SIPP provider, we combine the disruptive mindset and ambitious mission to shake things up, with the commitment and substance to not screw them up.
We're proud to be part of Octopus, the £12.8 billion group that's on a mission to breathe new life into broken industries, through companies like Octopus Energy, Octopus Investments and Octopus Money.
TLDR
We're a business with insane product-market fit, impressive early traction and an offering that has the potential to transform an outdated industry for the better. We've doubled the size of our business over the last six months and expect to do that a few more times over the next few years.
The role
We're looking for an experienced compliance professional based near our Edinburgh or Bath offices to come and join our team.
The main focus of this role will be compliance monitoring - therefore this role would be ideal for somebody who has experience of compliance monitoring at a financial services firm. It would also suit somebody with an detailed understanding of FCA rules relating to investment platforms, or who has worked in a financial services operational role and is interested in a move to second line compliance.
The role reports to the Compliance lead and gives the opportunity to get involved with a range of different compliance activities in addition to the primary responsibility for compliance monitoring. As we are a growing business you will also be able to support with advising the business on new products and services as well as helping with day-to-day questions on regulatory matters.
On a typical day you will be responsible for...
Compliance monitoring - you'll undertake compliance monitoring on different aspects of our business in line with the annual Compliance Monitoring Plan. You'll need to be confident to speak with colleagues in different business areas about their existing processes and identify areas that need improvement.
Reporting on findings -you'll write up compliance monitoring reports, including your findings and any actions that have been agreed with the business. These reports are provided to relevant committees to update our senior management on our findings.
Compliance advice - you'll help to respond and resolve compliance queries and issues from across the business. You'll be a subject matter expert on the main areas of regulation that impact our platform business. You'll also get the chance to provide second line support for new projects and initiatives.
Risk assessments -you'll help with our regulatory risk assessment that enables us to correctly scope our monitoring plan and focus our attention where it is most needed.
Regulatory reporting and engagement - you'll support the compliance lead in ensuring that all regulatory reporting is undertaken correctly. You'll also help with regulatory engagement, such as FCA visits or requests for information.
You'll be successful if you ...
We are proud to cultivate a culture first, human environment and genuinely listen to our people about what matters to them most. As a result, we're proud we've cultivated a transparent and inclusive environment that encourages diversity of thought, challenge and experimentation.
Our purpose is supported by a series of non-negotiable operating principles that define how we work to deliver value for each other and for our clients:
We think of ourselves as 'embedded hero-makers' for our customers. We put them first, and if we say we'll do something, we'll move heaven earth to do it. We think boldly and embrace change.
We think rigorously and deeply about a problem, but then charge at it, acting with and urgency and speed that sets us apart. But we never lose sight on quality or long-term scalability.
We encourage our people - and our customers - to challenge us and never shy away from tough conversations. We have a flat and inclusive culture where everyone can be themselves - and speak up.
We have offices in central Bath and Edinburgh, and London. We're working as a hybrid team supporting each of our people to choose how they work best. We've always been supportive of flexible working that focuses on delivery and impact, rather than hours worked. Don't just take our word for it, check out our Glassdoor page for the latest reviews or our Instagram, and LinkedIn for company updates and insights from the team.
What's in it for you...
We offer a generous blend of benefits for the things that really matter to our people, including:
Please note that we do not provide sponsorship for candidates residing outside the UK. However, we welcome applications from individuals who possess valid work permits that allow them to work in the UK. If you already have the right to work in the UK or hold an eligible work permit, we encourage you to apply for this position.
We usually allow around two weeks for sourcing some great candidates so don't be dishearten if we're not in touch right away, we'll let you know next steps as soon as we can.
If you think you have most of what we are looking for, then what are you waiting for? Go ahead and apply. We'd love to hear from you!
Seccl is the Octopus-owned embedded investment platform that's helping more people to invest - and invest well.
Our sector is being held back by old tech, dismal processes and misaligned interests. Together they create pointless complexity for financial planning and investment professionals, and provide outdated, overpriced experiences for customers. We're on a mission to fix it.
We help forward-thinking financial planners, wealth managers and investment platforms to reimagine their business and client experience - empowering them to build better, more sustainable and more valuable operations, and meet the digital demands of the future, not the baseline expectations of the past.
And we do it by reimagining their technology - with a low-cost, hyper-efficient and (genuinely) API-first technology infrastructure that handles millions of requests every day, and powers the portfolios of more than 160,000 investors.
A regulated custodian and ISA/SIPP provider, we combine the disruptive mindset and ambitious mission to shake things up, with the commitment and substance to not screw them up.
We're proud to be part of Octopus, the £12.8 billion group that's on a mission to breathe new life into broken industries, through companies like Octopus Energy, Octopus Investments and Octopus Money.
TLDR
We're a business with insane product-market fit, impressive early traction and an offering that has the potential to transform an outdated industry for the better. We've doubled the size of our business over the last six months and expect to do that a few more times over the next few years.
The role
We're looking for an experienced compliance professional based near our Edinburgh or Bath offices to come and join our team.
The main focus of this role will be compliance monitoring - therefore this role would be ideal for somebody who has experience of compliance monitoring at a financial services firm. It would also suit somebody with an detailed understanding of FCA rules relating to investment platforms, or who has worked in a financial services operational role and is interested in a move to second line compliance.
The role reports to the Compliance lead and gives the opportunity to get involved with a range of different compliance activities in addition to the primary responsibility for compliance monitoring. As we are a growing business you will also be able to support with advising the business on new products and services as well as helping with day-to-day questions on regulatory matters.
On a typical day you will be responsible for...
Compliance monitoring - you'll undertake compliance monitoring on different aspects of our business in line with the annual Compliance Monitoring Plan. You'll need to be confident to speak with colleagues in different business areas about their existing processes and identify areas that need improvement.
Reporting on findings -you'll write up compliance monitoring reports, including your findings and any actions that have been agreed with the business. These reports are provided to relevant committees to update our senior management on our findings.
Compliance advice - you'll help to respond and resolve compliance queries and issues from across the business. You'll be a subject matter expert on the main areas of regulation that impact our platform business. You'll also get the chance to provide second line support for new projects and initiatives.
Risk assessments -you'll help with our regulatory risk assessment that enables us to correctly scope our monitoring plan and focus our attention where it is most needed.
Regulatory reporting and engagement - you'll support the compliance lead in ensuring that all regulatory reporting is undertaken correctly. You'll also help with regulatory engagement, such as FCA visits or requests for information.
You'll be successful if you ...
- have experience or a desire to work within a second line compliance role and have a strong working knowledge of UK financial services regulation.
- have experience in a monitoring or audit role within a regulated firm or have a good understanding of the compliance monitoring function.
- can work independently and are comfortable engaging with other colleagues to discuss their work.
- aren't afraid to challenge others when something does not appear to be right.
- can provide clear and consistent advice and guidance to colleagues in relation to regulatory matters.
- have great interpersonal, written and oral communication skills.
- You rely on a lot of top-down direction.Here, you'll have a lot of freedom and ownership of your role, and you'll be expected to shape your own progression
- You're not comfortable working in a fast-paced environment. Our speed and scalability is what set us apart; you need to be able to act quickly and think on your feet
- You struggle to follow through on your ideas. We value people who do what they say they will. If you care about something, you have the freedom here to make it happen
- You don't like change. You'll get on great here if you relish the ambiguity of rapid growth and are willing to embrace uncertainty
We are proud to cultivate a culture first, human environment and genuinely listen to our people about what matters to them most. As a result, we're proud we've cultivated a transparent and inclusive environment that encourages diversity of thought, challenge and experimentation.
Our purpose is supported by a series of non-negotiable operating principles that define how we work to deliver value for each other and for our clients:
- Never settle
We think of ourselves as 'embedded hero-makers' for our customers. We put them first, and if we say we'll do something, we'll move heaven earth to do it. We think boldly and embrace change.
- Take ownership
We think rigorously and deeply about a problem, but then charge at it, acting with and urgency and speed that sets us apart. But we never lose sight on quality or long-term scalability.
- Be generous and candid
We encourage our people - and our customers - to challenge us and never shy away from tough conversations. We have a flat and inclusive culture where everyone can be themselves - and speak up.
We have offices in central Bath and Edinburgh, and London. We're working as a hybrid team supporting each of our people to choose how they work best. We've always been supportive of flexible working that focuses on delivery and impact, rather than hours worked. Don't just take our word for it, check out our Glassdoor page for the latest reviews or our Instagram, and LinkedIn for company updates and insights from the team.
What's in it for you...
We offer a generous blend of benefits for the things that really matter to our people, including:
- 27 days holiday + bank holidays (some can be flexible) + day off on your birthday.
- 3 days (full time) per year for Dependant leave
- 2 days off per year to volunteer for a registered charity of your choice, including our charity partners Aid Box Community and Edinburgh Food Project
- Length of service award - 1 month paid sabbatical at 8 years.
- 6% employer pension contribution, and life assurance
- Private medical insurance with AXA Health
- Enhanced Parental leave and flexibility to integrate your home and work life in a trusted environment.
- Will writing offering via Octopus Legacy
- MacBook and up to £500 home office set up budget.
- £700 per person learning budget.
- Option to work abroad for up to 6 weeks in the year.
- Health and wellbeing initiatives including free therapy via Wellness Cloud, mental health support via Headspace.
- Strong financial wellbeing focus including access to Octopus Money, Octopus Share Incentive Plan and Seccl invest (our own platform for you to manage your investments)
- Octopus Electric Vehicle scheme after 12 months of employment
- Perkbox - Flexi-points giving you a range of discounts and perks including free weekly coffee, gym and retail discounts.
- Cycle to work scheme - saving money on a range of bikes and accessories.
Please note that we do not provide sponsorship for candidates residing outside the UK. However, we welcome applications from individuals who possess valid work permits that allow them to work in the UK. If you already have the right to work in the UK or hold an eligible work permit, we encourage you to apply for this position.
We usually allow around two weeks for sourcing some great candidates so don't be dishearten if we're not in touch right away, we'll let you know next steps as soon as we can.
If you think you have most of what we are looking for, then what are you waiting for? Go ahead and apply. We'd love to hear from you!