Senior Risk & Compliance Associate

Job title:

Senior Risk & Compliance Associate

Company

Insignis Cash

Job description

Insignis Cash is a fast-growing, FCA-regulated FinTech company looking for a talented and enthusiastic individual to join their busy team. Reporting to the Deputy Head of Compliance & DMLRO, you will gain exposure to all areas of the Risk & Compliance function in a fast-paced environment and will be able to develop your role and career as the business continues to evolve. If you are a detail-oriented self-starter this is your opportunity to join a dynamic team where your ideas will be welcomed and valued.Key Responsibilities

  • Lead in drafting and maintaining Insignis’ compliance policies and ensuring their effective communication with colleagues across the company.
  • Deliver and administer compliance training (online and face-to-face) on policies, procedures and other compliance topics where required.
  • Review and approve financial promotions to ensure they are in line with regulatory requirements.
  • Coordinate FCA return completion (e.g., complaints, Consumer Duty) and maintain/oversee submission timetable.
  • Compile Risk & Compliance management information to support the Risk Committee, bank audits and other ad-hoc requests.
  • Undertake control mapping to support ongoing compliance with regulatory obligations; partner with colleagues to develop solutions to supplement existing controls where necessary.
  • Support the development and delivery of the annual Compliance Monitoring Plan.
  • Develop effective relationships across the business to ensure clear lines of communication between the Risk & Compliance function and colleagues working in teams including Sales, Onboarding, Client Services, and Payments.
  • Represent Risk & Compliance in project working groups.
  • Promote a safe, compliant and positive working culture that balances risk and reward through proactively sharing knowledge and expertise.

RequirementsThe successful candidate for this role will:

  • Have strong analytical skills and demonstrate meticulous attention to detail
  • Be highly organised and able to multi-task
  • Possess a strong work ethic
  • Have excellent communication skills – both oral and written
  • Be a team player who is able to work autonomously when required

The following is required for the role:

  • Experience of working in the financial services sector, with a demonstrable understanding of industry best practice and regulatory frameworks. Experience in retail banking, payments or of the FinTech sector would be an advantage.
  • Experience in delivering and administering training. Familiarity with Skillcast or a similar online training platform is desirable.
  • Ability to build robust working relationships at all levels of a company.
  • Ability to synthesise information from multiple sources and present key messages to a variety of audiences.
  • Experience of conducting control mapping/gap analyses and adopting a risk-based approach to prioritisation of remedial actions.
  • Experience of producing and presenting regular management information.
  • Familiarity with the FCA Handbook. Knowledge of PSRs, BCOBS, FSCS & DISP is desirable.
  • An understanding of data protection legislation – specifically UK GDPR, Data Protection Act 2018 and Privacy & Electronic Communications Regulations – would be beneficial.

Benefits

  • Competitive compensation
  • 25 days holiday (exc. Bank holidays)
  • Flexible working opportunities
  • Private medical insurance
  • Employee health and wellness discounts
  • Cycle to Work Scheme
  • Quarterly team lunches

Working Pattern

  • Hybrid working pattern, minimum 3 days in the London office, 2 days remote

Expected salary

Location

London

Job date

Sat, 16 Nov 2024 23:15:42 GMT

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