Compliance Risk Advisor

2 days ago


Cardiff, Cardiff, United Kingdom Starling Bank Full time

Starling Bank is a licensed UK bank that combines the culture and spirit of a disruptive tech company with the mission to demystify money for everyone. As a Compliance Officer, you will play a critical role in ensuring our business meets regulatory obligations and effectively manages conduct-related risks.

About the Role
  • This position involves providing second-line defence (2LoD) regulatory compliance advice and guidance, as well as oversight and challenge to first-line of defence / business teams.
  • You will provide product-specific advice on a daily basis, ensuring timely and accurate regulatory compliance and conduct-related advice, guidance, and support are provided to Starling Bank's first line of defence / business teams.
  • The role requires building strong relationships with 1LoD to deliver a collaborative working environment between Compliance and the business.
Responsibilities
  1. Provide comprehensive compliance advice on current and future products, services, and activities across the Bank, including overarching compliance requirements such as Consumer Duty, conduct risk, SMCR, outsourcing, product governance, vulnerable customers, complaints, and conflicts of interest.
  2. Support the development and implementation of requisite conduct risk and compliance frameworks and policies in line with the Bank's Enterprise-Wide framework.
  3. Liaise with Compliance Teams to ensure the preparation of monthly reporting packs.
  4. Approve and sign off financial promotions and marketing materials across all products and services offered by the Bank.
Requirements
  • Demonstrate an in-depth knowledge of relevant laws, regulations, and industry best practices related to compliance and financial services, including BCOBs, CONC, LSB, PSD2, SYSC, and MCOBs.
  • Possess excellent communication (written and verbal), relationship-building, and influencing skills to communicate effectively to various audiences, including senior management and committees.
  • Showcase proven analytical skills, problem-solving skills, and ability to interpret business knowledge.
  • Highlight detailed knowledge and experience in identifying key conduct and compliance risks.
  • Demonstrate sound judgment, decision-making, planning, and prioritization skills to see issues through to resolution.
Salary & Benefits

We offer a competitive salary range of £45,000 - £65,000 per annum, depending on experience, plus a benefits package that includes:

  • 25 days holiday (plus take your public holiday allowance whenever works best for you).
  • An extra day's holiday for your birthday.
  • Annual leave increased with length of service, and you can choose to buy or sell up to five extra days off.
  • 16 hours paid volunteering time a year.
  • Salary sacrifice and company-enhanced pension scheme.
  • Life insurance at 4x your salary and group income protection.
  • Private Medical Insurance with VitalityHealth, including mental health support and cancer care.
  • Generous family-friendly policies.
  • Incentivised refer-a-friend scheme.
  • Perkbox membership giving access to retail discounts, wellness platform, and weekly free perks.


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