Risk and Compliance Department – Compliance Officer

This is a great opportunity for those wanting to work in an award-winning company that is dedicated to staff development and growth, with the flexibility of fully remote working considered. This newly created role will be an integral part of the Risk and Compliance team and offers a breadth of exposure to regulatory activities, a great place to bring your skills and rapidly develop your knowledge and understanding of working in a fast-paced environment.

You will be joining a small group of dedicated compliance and risk professionals who work closely and collaboratively in providing guidance, advice, support and monitoring. You will be part of an enthusiastic team that provides assurance to management on its regulated activities, working on some exciting projects that helps us to deliver good customer outcomes.

 

2024 is another positive year of growth at Automotive Compliance, the largest privately owned and market leading Compliance Company working in the Automotive Sector, as we continue to grow our established team.

About the Role

This is a great opportunity for those wanting to work in an award-winning company that is dedicated to staff development and growth, with the flexibility of fully remote working considered. This newly created role will be an integral part of the Risk and Compliance team and offers a breadth of exposure to regulatory activities, a great place to bring your skills and rapidly develop your knowledge and understanding of working in a fast-paced environment.

You will be joining a small group of dedicated compliance and risk professionals who work closely and collaboratively in providing guidance, advice, support and monitoring. You will be part of an enthusiastic team that provides assurance to management on its regulated activities, working on some exciting projects that helps us to deliver good customer outcomes.

 

Personal skills and experience

  • 2+ years’ experience in regulatory role, Consumer Credit and/or Insurance background would be advantageous
  • Demonstrable experience of working within FCA rules and guidance
  • Understanding of the FCA Consumer Duty and implementation activities for regulated firms
  • Previous oversight of or an understanding of Principal Firms and Appointed Representatives (ARs) would be advantageous
  • Understanding of Data Protection principles would be beneficial
  • Providing simple advisory support and guidance to the wider team and ARs directly
  • Demonstrable experience of working with all Microsoft tools, especially Outlook, Excel and PowerPoint
  • Excellent organisational and analytical skills, and the ability to prioritise effectively
  • Great attention to detail
  • Policy, procedures and report writing skills
  • The ability to gather, analyse and understand data, providing summaries and reports to management
  • Great interpersonal skills with the ability to liaise with stakeholders of all levels, internal and external
  • Self-motivated with ability to work remotely with occasional visits to our Head Office in Gloucester

 

Tasks:

  • Assist with collating information for relevant Risk and Compliance reporting papers, covering the Consumer Duty and Improving the AR Regime requirements
  • Provide reliable information, analysis and guidance to the Compliance team in support of day-to-day activities.
  • Assist the Compliance team in arranging regular and ad hoc meetings, minute taking and actions progression logging, including follow-up activities.
  • Monitoring, assessing and completing internal tasks in relation to the Consumer Duty, helping to demonstrate good customer outcomes monitoring and reporting to management.
  • Maintain a master list of Product Providers, confirming status of due diligence and onboarding, escalating any issues or risks to management for review
  • Analyse and summarise monthly MI reports from Appointed Representatives, Product Providers, providing status updates and recommendations to management
  • Ownership of the Compliance team’s monitoring and assurance logs and record keeping
  • Contributing to the development and execution of the Compliance Monitoring Plan and monitoring activities
  • Assist in establishing new processes and procedures for continual improvement
  • Analysing large sets of data to understand and assess risks identified
  • Conducting QA activities for monitoring and oversight of ARs file reviews, end to end customer journey reviews, call listening
  • Provide support to various members of the team, getting involved in ad hoc tasks and projects
  • Assist the Risk and Compliance team and the wider company as requested.

 

We invest in our employees who are valuable assets to our company. For the successful applicant we will consider sponsoring formally Internationally recognised Risk and Compliance qualifications to develop and progress within the role and company itself.

To apply, please add a cover note outlining why you would be a great fit for this role, along with your CV, or submit an application online below, along with your CV.

Interviews for successful applicants will be carried out as soon as possible, with a target start date of August 2024.

Whilst proximity to our office in Gloucester is advantageous, we will consider remote working from anywhere in the UK, with occasional travel to head office required throughout the year.

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Frequently Ask Questions

Our team of specialists is here to answer any questions you may have.

Yes, either Directly Authorised or as an Appointed Representative of a Principal Firm.

You do have options, contact us here at Automotive Compliance Ltd, and we will be happy to help.

If you’re unable to spare the time or effort to go through the FCA Handbooks (Finance = Consumer Credit Sourcebook CONC, General Insurance = Insurance Conduct of Business Sourcebook ICOBS) and understand how they relate to your business, feel free to reach out to us for assistance. We can help interpret the regulations and provide guidance.

This person has to know and meet the regulatory requirements as well as understand how the regulations apply to them.

This is something you need to know, you can find out who is on the FCA’s Register of Approved Persons’

Your business could be at risk if you do nothing, being compliant will mean you are mitigating your risks, this not only ensures peace of mind, but also sends a positive message to your customers.

Get in touch

If you have questions, please either call us on 01452 671 570 or complete this form and one of our team will get in touch with you quickly.