Compliance Specialist Financial Services

2 days ago


Nottingham, Nottingham, United Kingdom Experian Full time

At Experian, we're looking for a talented Compliance Specialist to join our team in Nottingham. This is a hybrid role that offers the perfect blend of autonomy and collaboration.

We operate across various markets, including financial services, healthcare, automotive, agribusiness, insurance, and more. Our corporate headquarters are in Dublin, Ireland.

This role reports into our Compliance Manager and involves working as a member of the Compliance Advisory Team in a Second Line of Defence (2LoD) capacity supporting the Experian Consumer Services division.

The ideal candidate will have experience working in a compliance advisory capacity with a background in debt management, debt consolidation, and payments. They'll be responsible for providing practical, proactive compliance advice and assisting the First Line of Defence (1LoD) to manage regulatory risk aligning to our risk appetite.

Key Responsibilities:

  • Support agile product development processes with timely and comprehensive regulatory advice and advise on projects, propositions, and controls.
  • Working with 1LoD, identify areas of regulatory and conduct risk and develop controls. Provide oversight and give credible challenge to ensure regulatory risks are reported and escalated to operational Risk Management Committees and other appropriate governance forums.
  • Support First Line teams to assess the impact of regulatory changes and the development of necessary controls through the implementation of a pro-active engagement model.

Requirements:

  • Experience of the regulatory environment relating to payments and debt management is necessary.
  • Experience working in a 2LoD compliance advisory position or a role which involves providing compliance advice daily to stakeholders.
  • Curiosity and ability to dig beneath the surface to get an understanding of the regulatory challenges faced by the business.
  • Technical knowledge of the FCA Handbook in particular CONC and CONC 8 as it relates to debt-related activities, Payment Services, and financial crime risks related to payment activities. An understanding of the Open Banking ecosystem and GDPR would also be helpful.

What We Offer:

  • Hybrid and flexible working.
  • A great compensation package and discretionary bonus plan.
  • Core benefits include pension, Bupa healthcare, sharesave scheme, and more.
  • 25 days annual leave with 8 bank holidays and 3 volunteering days. You can purchase additional annual leave.

Estimated Salary: £45,000 - £60,000 per annum, depending on experience.



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