Head of Compliance

1 week ago


Milton Keynes, Milton Keynes, United Kingdom Allica Bank Full time
Job Description About Allica Bank
Allica is the UK's fastest growing company - and the fastest-growing financial technology (fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in fintech. Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers

You will be an integral part of an action orientated, fast moving team, responsible for successfully delivering First Line of Defence capability within the bank.

Partner with the business to embed the Risk Management Framework, including policies and procedures.
Support the ongoing compliance with Consumer Duty regulatory requirements

Testing of existing and new key controls in line with agreed schedule, informing the non-financial risk profile and required management actions.

Support the coordination and facilitation of the bank's Risk and Control Self-Assessment (RCSA) and administration of the bank's annual RCSA refresh.

Hands on support in the update of risk information on the bank's Risk systems, including ensuring risk events are appropriately raised and managed.

Assembling informed quantitative and qualitative input into First Line Risk Reporting at relevant committees.

Provide hands-on Risk support across the bank from a First Line Controls perspective.
Partner with the business to ensure ongoing active management of risk and embedding of the Risk Management Framework.
Support the ongoing monitoring and reporting of risk through relevant governance.
Help promote a risk-focused culture across the bank, embodying Allica's values

Strong Risk knowledge and experience including RCSAs, Controls and Risk Libraries, risk event reporting,
Knowledge of relevant non-financial risk regulatory requirements including Consumer Duty
Hands on experience of assurance/monitoring of risks and controls across non-financial risk disciplines
Working at Allica Bank

At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers.

Full onboarding support and continued development opportunities
~ Options for flexible working
~ 25 days holiday – with the option to buy/sell
~ Pension contributions
~ Discretionary bonus scheme
~ Private health cover (with the option to add family members)
~ Life assurance
~ Family friendly policies including enhanced Maternity & Paternity leave
~ Season ticket loans

Flexible working
That's why Allica Bank is fully committed to flexible and hybrid working. Diversity

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