Senior Compliance Governance Specialist

1 month ago


Cardiff, Cardiff, United Kingdom Starling Bank Full time

Starling Bank is seeking a Senior Compliance Governance Specialist to join their team. This role will provide second line of defence (2LoD) regulatory compliance oversight over 1LoD / business teams, ensuring they meet their regulatory obligations and effectively manage their regulatory compliance and conduct related risks.

The estimated salary for this position is £60,000 - £80,000 per annum, depending on experience. Benefits include 25 days holiday, an extra day's holiday for your birthday, annual leave increased with length of service, 16 hours paid volunteering time a year, and more.

Key Responsibilities:

  • Conduct Oversight reviews as part of a high performing Conduct & Compliance Oversight team, ensuring the timely and accurate delivery of regulatory compliance and conduct related Oversight reviews and independent challenge is provided to Starling Bank's first line of defence (1LoD) / business teams.
  • Compliance oversight will cover both assurance reviews and outcomes testing, covering all current (and future) products, services and activities across the Bank, as well as overarching compliance requirements, such as Consumer Duty, conduct risk, SMCR, outsourcing, product governance, vulnerable customers, complaints, conflicts of interest etc.
  • Conduct thematic monitoring reviews in line with the Compliance's Monitoring Plan (CMP).
  • Proven ability to write up findings related to oversight reviews clearly and accurately.
  • Responsible for ensuring that actions are tracked in the Bank's risk system and adequately reported (where appropriate) to the relevant committees.

Requirements:

  • Deep working knowledge of relevant laws, regulations, and industry best practices related to compliance, and financial services, including BCOBs, CONC, LSB, PSD2, SYSC and MCOBs (advantageous) etc.
  • Excellent communication (written and verbal), relationship building and influencing skills, with the ability to communicate effectively to a variety of audiences, including senior management and committees.
  • Proven analytical skills and problem solving skills, with the ability to understand and interpret business knowledge.


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