Compliance Oversight Officer

6 days left

22 Jul 2022
19 Aug 2022
Employer Sector
Banking & Finance - Retail
Contract Type
Full Time
Compliance Oversight Officer
Hybrid Working

- Salary Competitive
- Pension
- 25 days holiday
- Join a workplace where integrity, honesty and accountability are encouraged

Who are we?

Premium Credit is one of the leading insurance premium finance companies in the UK and Ireland. This is an exciting time of growth for us, and we need an enthusiastic Compliance & Risk Administrator to help us continue this success. With a 4.1/5 Glassdoor rating, this is a great opportunity to develop a varied and rewarding career with a company that supports and invests in its people.

What do we offer?

You will discover that every individual in our organisation is highly motivated and encouraged to grow personally and professionally. With colleagues from all manner of backgrounds and experience levels, there are plenty of opportunities to learn from others informally, as well as through directed development.

Our excellent benefits package also includes:

- Discretionary bonus
- Pension
- 25 days holiday (pro rata) in addition to bank holidays
- Life Assurance
- Income Protection
- Retail and cinema discounts
- A chance to win a Premium Award every quarter (GBP500 voucher)
- 24/7 access to Employee Assistance Programme
- Mental Health First Aiders

The Role

We are currently looking for a Compliance Oversight Officer to join our team and ensure that Premium Credit achieves operational adherence to regulatory requirements and expectations in relation to relevant Financial Conduct Authority (FCA) legislative and regulatory requirements.

As a Compliance Oversight Officer, you will support the Senior Compliance Manager in the execution and delivery of the Compliance Oversight Programme in relation to partner oversight. The role focuses on meeting the FCA regulatory requirements to take adequate steps to ensure our partners comply with regulatory requirements and also treat our customers fairly. Consider partner actions in the light of Premium Credit s obligations and ensure that customers are treated fairly in their finance journey, whilst maintaining a commercial focus.

Your role will also encompass building strong relationships with operational and sales teams and ensuring liaison throughout oversight activities (whilst keeping a second line independent focus).

You will also:

- Produce high quality reports which succinctly prioritise important issues consistent with agreed grading and rating scales
- Agree remedial action with partners and track that action to completion, highlighting any delivery concerns with the Senior Compliance Manager and escalating to the relevant Executive Committee & SLT members where appropriate

About You

To join us as a Compliance Oversight Officer, you will need:

- Experience in a compliance or business role within a Financial Services or Insurance company
- Experience of building strong relationships across a business
- Initiative and tenacity to investigate areas of concern / possible concern without just accepting management responses
- Commercial focus, whilst maintaining regulatory compliance - ability to drive coherent solutions to business and regulatory issues
- Excellent verbal and written communication skills with stakeholders of all levels

So, if you re seeking a new opportunity as a Compliance Oversight Officer, please apply via the button shown. This vacancy is being advertised by Webrecruit. The services advertised by Webrecruit are those of an Employment Agency

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