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Manager Motor Finance Compliance, Risk Specialist

  • Job
    Full-time
    Mid Level
  • Banking & Finance
  • Edinburgh, +5
  • Quick Apply
    6d left

AI generated summary

  • You need a deep understanding of UK Motor Finance regulations, Compliance frameworks, and analytical skills to assess risks and controls effectively. Previous business partnering experience and inclusive working style is a plus.
  • You will support risk and control owners in implementing compliance controls, managing risk events, and improving control environments in line with regulations and standards.

Requirements

  • Has a working knowledge of UK regulations that impact Motor Finance with a specific focus on: the Consumer Credit Sourcebook (CONC), Product Intervention and Product Governance Sourcebook (PROD), and the Consumer Duty regulations.
  • Good understanding of the latest Compliance frameworks and technology, industry standards and established best practice to enable you to play a key role in a specialist risk centre of excellence.
  • Ability to understand and assimilate different sources of data and complex information, leverage strong analytical skills to assess the conduct and compliance control environment, draw relevant conclusions and solve problems with targeted recommendations.
  • Ability to develop and deliver a risk and control oversight plan to assess compliance to relevant laws, regulations, industry standards and/or established controls, reporting findings using concise and clear communications.
  • Growth learning mindset, willingness to take responsibility for challenging existing processes and ability to Inspire others by building rapport and gaining commitment.
  • And any experience of these would be really useful:
  • Previous experience of business partnering within a Retail Specialist role.
  • Inclusive working style that ensures everyone can be themselves in a safe environment.
  • An awareness of the importance of documentary evidence for key decisions.

Responsibilities

  • Works with Risk and Control owner teams to provide Conduct & Compliance Risk support and help deliver against aligned customer, business and strategic outcomes.
  • Assists with the development and implementation of effective, ongoing data-led Conduct & Compliance Risk control objectives to meet the needs or risk and control owners, control specialist teams, Audit and external regulators.
  • Supports control owners and specialists to implement control measures that are designed to achieve the control objectives.
  • Supports the delivery of a risk and control oversight plan to assess compliance to relevant laws, regulations, industry standards and/or established controls.
  • Assists in the management of actions on Conduct & Compliance Risk events and breaches following Risk & Control Self-Assessment (RCSA). Identifies issues and then suggests and implements improvements to control environment with guidance from senior colleagues.

FAQs

What regulations should a Manager Motor Finance Compliance, Risk Specialist have a working knowledge of?

A Manager Motor Finance Compliance, Risk Specialist should have a working knowledge of UK regulations that impact Motor Finance, with a specific focus on the Consumer Credit Sourcebook (CONC), Product Intervention and Product Governance Sourcebook (PROD), and the Consumer Duty regulations.

What skills should a Manager Motor Finance Compliance, Risk Specialist possess?

A Manager Motor Finance Compliance, Risk Specialist should possess skills such as understanding of Compliance frameworks and technology, ability to assimilate complex information, strong analytical skills, ability to develop and deliver a risk and control oversight plan, and a growth learning mindset.

What experience would be useful for a Manager Motor Finance Compliance, Risk Specialist?

Previous experience of business partnering within a Retail Specialist role, an inclusive working style that ensures everyone can be themselves in a safe environment, and an awareness of the importance of documentary evidence for key decisions would be useful for a Manager Motor Finance Compliance, Risk Specialist.

Helping Britain Prosper

Finance
Industry
10,001+
Employees

Mission & Purpose

We're part of an ever-changing industry and are currently on a journey to shape the financial services of the future, whilst supporting our customers’ changing needs. The scale and reach of our Group means we can offer a broad range of opportunities to learn, grow and develop. Our values-led culture and approach to inclusion and diversity means we can all make a real difference together. Our purpose is Helping Britain Prosper. We do this by creating a more sustainable and inclusive future for people and businesses, shaping finance as a force for good.

Culture & Values

  • People-first

    We put people first to go further for customers.

  • Bold

    We’re bold, we take action and innovate.

  • Inclusive

    We’re inclusive to value everyone.

  • Sustainable

    We champion sustainability to care for our planet.

  • Trust

    We trust each other to achieve more together.

Benefits

  • Flexible working

    A hybrid model and the ability to work flexibly is key to ensuring our colleagues can have both a rewarding career and a healthy work/life balance.

  • Health and wellbeing

    We encourage a culture of wellbeing and inclusivity, and provide a range of health and wellbeing services to meet the diverse needs of our colleagues.

  • Holiday allowance

    We offer a generous holiday allowance to enable you achieve a healthy work/life balance. You’ll be eligible for a minimum of 22 days holiday, rising to 30 days based on length of service and grade. Bank holidays are in addition to this, and you’ll have the opportunity to buy or sell the equivalent of a week’s holiday through our ‘Flex’ scheme.

  • Family leave

    From day one you’ll be able to have up to 63 weeks of maternity or adoption leave. Statutory maternity or adoption pay is available for 39 weeks and 20 weeks will be enhanced to the equivalent of full pay. Partners can have six weeks of fully paid paternity leave. Shared parental leave is created when maternity or adoption leave is ended early. If you are an eligible partner you could receive up to 20 weeks of fully paid leave.

  • Flexible working

    A hybrid model and the ability to work flexibly is key to ensuring our colleagues can have both a rewarding career and a healthy work/life balance.