Compliance Manager - Reg Expert

Aldermore Bank PLC; Cardiff; Hybrid; GBP 40,000 - 80,000

Job description

The Vacancy

Aldermore Group - why we exist

We're Aldermore - the award-winning bank, trusted and highly rated by over a quarter of a million customers for more than a decade. With our range of specialist mortgages, savings accounts and business finance solutions, we're backing more people to go for it.

We thrive by saying "yes" to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first-timers a leg-up onto the property ladder; we open up the lending market to many; and thousands of customers chose Motonovo Finance every week to buy their next car, van or motorbike.

This is where you come in. We are on a journey. A journey defined by a destination; to deliver on our purpose.

Let us tell you a bit about the opportunity

The Compliance Manager, Regulatory SME reports into the Group Compliance Director. The purpose of the role is to provide expert regulatory advice and guidance to the business ensuring that, as a Group, we are abreast of upcoming changes that will impact the organisation as well as being an SME to providing insight and counsel on regulatory challenges.

Working closely with the Group Compliance Director and other key stakeholders, you will manage regulatory risks, monitor compliance programmes and support business units in implementing robust compliance controls. This role provides an excellent opportunity to leverage your expertise and influence, design and maintain a culture of compliance across the Group.

What will your day look like?

The role will report into the Group Compliance Director, who will be your line manager and responsible for things like performance review meetings, 1-1s and development conversations.

The role of Compliance Manager (Regulatory SME) is really important to us. You will be required to:

1. Provide regulatory advice and guidance to the business units, helping them to make informed, risk-based decisions.
2. Stay up to date on current requirements and monitor and interpret changes in financial regulations, assessing their impact on the Bank's operations and advising senior leadership on required actions.
3. Conduct regular compliance risk assessments to identify potential regulatory risks and design effective control measures.
4. Collaborate with internal audit and risk teams to conduct regular compliance reviews, ensuring all functions adhere to regulatory requirements.
5. Support control owners to design effective controls that meet regulatory requirements.
6. Build and maintain relationships with key internal stakeholders, including legal, finance, risk and operations to embed compliance across the organisation.

What do we expect from you?

We are looking for someone that is passionate about their area of expertise and has extensive experience in the banking sector in the UK.

1. An expert in financial regulation, including FCA and PRA requirements and experience with regulatory reporting obligations. For example, MCOB, CONC, CCA and Consumer Duty etc.
2. Experienced in conducting compliance risk assessments and providing advice and guidance to the business at a senior level.
3. Excellent written and verbal communication with the ability to communicate complex regulatory concepts to non-specialist stakeholders.
4. Ability to influence and engage with senior management and build collaborative relationships across the bank.
5. High degree of accuracy and attention to detail.

What can you expect from us?

1. A friendly and flexible culture, the same as how we work with our customers.
2. A growing organisation that means there's lots of opportunities to progress.
3. A drive for continuous improvement, which you will be empowered to get behind from day one.
4. And of course, you will be rewarded competitively, with a good range of core benefits and bonus potential.

Still curious?

Join us and we'll make the same promises to you as a colleague, as we do to each of our customers. We're committed to building a working environment that values respect, diversity, and compassion. We welcome people regardless of age, disability, gender identity, marital status, race, faith or belief, sexual orientation, socioeconomic background, and whether you're pregnant or on family leave.

Please note that we have a thorough referencing process, which includes criminal record checks.

The Company

We champion equality by supporting the exceptions to the rule and getting finance to where it's needed.

We lend the money people save with us, to people who want to get on in life; build businesses and create employment, buy property for people to live and work in, and purchase vehicles to move families and goods around.

Behaviour Framework

Our behavioural framework underpins our purpose and strategic drivers, as it outlines the behaviours we need to demonstrate in order to succeed. Where our strategic drivers (Stay Ahead Propositions, Relationships That Last and Progressive Platform) outline what we need to do to succeed, our behaviours guide us in how. In your second interview, we'll ask you to talk through some examples where you've demonstrated these behaviours in your previous roles.

The Benefits

As you would expect, we offer a competitive basic salary and reward package, and you'll also benefit from our commitment to investing in your professional development throughout your journey with us.

Benefits vary across the business depending on the role you do, but these will give you an idea of what to expect:

Your Company Benefits

1. Discretionary bonus scheme
2. Aviva Digital GP
3. Bus And Tram Benefit
4. Employee Assistance Programme
5. Eyecare Voucher & Display Screens/Desk Set-Up
6. Flu Jab Vouchers
7. Group Income Protection
8. Life Assurance
9. Metrolink Annual Pass & Clipper Ticket
10. Microsoft Discounts
11. Private Medical Insurance Shopping Discounts
12. Toothfairy
13. Your Workplace Pension
14. Hybrid Working

Benefits You Can Choose

1. Critical Illness
2. Cycle To Work
3. Dental Insurance
4. Give As You Earn
5. Government Tax-Free Childcare Scheme
6. Octopus Electric Vehicles
7. Save Our Planet
8. Season Ticket Loan
9. Spouse Or Partner Life Assurance
10. Technology
11. Wearable Technology
12. Wellbeing App
13. Will Writing