You must have extensive compliance experience, strong regulatory knowledge, leadership skills, excellent communication, and the ability to manage complex projects in a financial services environment.

You will oversee compliance programs, ensure regulatory adherence, manage risk assessments, develop policies, conduct audits, and provide guidance to teams on compliance matters.

United Kingdom

Edinburgh

What do we stand for at Tesco Bank? Everything that Tesco does. We both share a set of values that drive us to come up with new ways to improve our customers’ lives, the communities they live in, and the planet we all share.
Starting life in 1997, we now help more than 5 million customers manage their money a little better every day from our offices in Glasgow, Edinburgh, Newcastle, and Reigate.

Finance

Tesco Bank

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    <h3 class="jobSectionHeader"><b>General information </b></h3>
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      Job Title 
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      Senior Compliance Manager 
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      Ref # 
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      8969 
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      Location 
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      Edinburgh 
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      Department 
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      Risk, Banking 
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      Business Area 
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      Risk, Banking 
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      Working time 
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      Full-Time 
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      Date Published 
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      01-08-2024 
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      Closing date 
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      15-08-2024 
     </div>
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  <div>
   <div>
    <h3 class="jobSectionHeader"><b>Serving our customers, communities, and planet a little better every day. </b></h3>
   </div>
  </div>
  <div>
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     <div>
      <div>
       <b>Salary </b>up to £80,000 + annual bonus &amp; benefits 
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       <b>Location</b> – Edinburgh, Permanent
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        You should be able to travel to our Edinburgh office 2 days a week.
      </div>
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        Applications close at 5pm on 15th August 2024
      </div>
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       <br> 
      </div>
      <div>
       <b>The Bank with a little more heart</b>
      </div>
      <div></div>
      <div>
       <br> We’re looking for a Senior Compliance Manager in our 2nd line Risk Function to work as part of the Tesco Bank Risk Compliance team. We’re looking for you to support the Head of Compliance in the delivery of the Bank’s compliance oversight. You’ll be working together as a team alongside the other senior compliance managers, reporting directly to the Head of Compliance. The oversight work is varied and includes FCA regulatory compliance and data protection. SMCR processes and risk adjustment.
      </div>
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       <br> 
      </div>
      <div>
       <b>What you’ll be doing</b>
      </div>
      <div></div>
      <ul>
       <li> Providing subject matter expertise on compliance with the consumer regulatory regimes the banking business is subject to, including FCA regulation and data protection.</li>
       <li> Maintaining strong stakeholder relationships to embed compliance awareness across the organisation.</li>
       <li> Performing close and continuous and thematic oversight to support the Bank’s compliance with regulation and provide a view to management through Risk Opinions.</li>
       <li> Reporting on regulatory compliance risk, providing input to Committee papers.</li>
       <li> Acting as a delegate for the Head of Compliance where required.</li>
      </ul>
      <div></div>
      <div>
       <br> We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us at Tesco Bank.
      </div>
      <div></div>
      <div>
       <b><br> We need you to have</b>
      </div>
      <div></div>
      <ul>
       <li> Expert knowledge of consumer regulation applicable to retail banking (including FCA regulation and data protection).</li>
       <li> The ability to shape, develop and deliver on a compliance monitoring plan.</li>
       <li> The ability to apply that knowledge to provide practical opinions and oversight, with an understanding of how credit cards, loans and savings products operate.</li>
       <li> Good listening and influencing skills, with the ability to build strong relationships with business stakeholders, understanding their point of view and providing practical and pragmatic advice on regulatory compliance.</li>
       <li> Good report writing skills, with the ability to understand how to deliver key messages in Board and Oversight reports.</li>
       <li> The ability to work well as part of a team.</li>
      </ul>
      <div></div>
      <div>
       <b><br> And if you have any of these, even better.</b>
      </div>
      <div></div>
      <ul>
       <li> Line management and leadership experience.</li>
      </ul>
      <div></div>
      <div>
       <b><br> What’s in it for you</b>
      </div>
      <div></div>
      <ul>
       <li> Prepare for your retirement with our colleague pension scheme.</li>
       <li> Private Medical Insurance (WL2+) and virtual GP Service you and your family 365 days a year.</li>
       <li> Performance related annual bonus.</li>
       <li> Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more.</li>
       <li> Embrace the benefits of our Colleague Clubcard, enjoy a 10% discount that increase to 15% every payday (worth up to 2K). As an added perk, we’ll give you a second card to share with someone else.</li>
       <li> Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous 8-week paid paternity leave.</li>
       <li> A place to get on - take advantage of our ongoing learning opportunities and training, to help you achieve the job and career you want.</li>
       <li> Take part in our Buy as you Earn and Save as your Earn share schemes.</li>
      </ul>
      <div></div>
      <div>
       <b><br> Everyone’s welcome</b>
      </div>
      <div></div>
      <div>
       <br> We want all our colleagues to always feel welcome and be themselves. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.
      </div>
      <p></p>
      <p><b><br> Additional Information</b></p>
      <p></p>
      <p><b> Role Alignment</b></p>
      <p> Following the announcement regarding Tesco's' strategic partnership with Barclays, this role will support our banking business and will transfer to Barclay's UK towards the end of 2024, subject to regulatory approval. Please note, the transfer date may change.</p>
      <p></p> #LI-KS1
      <br> 
     </div>
    </div>
   </div>
  </div>
 </div>
 <div>
  <div>
   <div>
    <h3 class="jobSectionHeader"><b>How to apply </b></h3>
   </div>
  </div>
  <div></div>
  <div>
   <div>
    <div>
     <div>
      <div>
       We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.
      </div>
      <div></div>
      <div>
       <br> Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you’re interested in finding out more about what a career at Tesco Bank looks like, click apply to find out more!
      </div>
      <div></div> 
     </div>
    </div>
   </div>
  </div>
 </div>
 <div>
  <div>
   <div>
    <h3 class="jobSectionHeader"><b>Why Tesco Bank? </b></h3>
   </div>
  </div>
  <div>
   <div>
    <div>
     <div>
      We’re also a little obsessed with the future. Your future. Our future. That’s why we take development seriously; we want to help you thrive and evolve in your career. Tesco Bank is a place to get on, all colleagues have access to LinkedIn Learning and Abstract, from day one.
      <div></div>
      <div>
       <br> It’s important to us that we make sure you’re supported by your team and colleague networks every day, celebrating when it matters and helping you to be the best version of yourself. The people make Tesco Bank, and we take pride in what we achieve together.
       <br> 
       <br> All that hard work? Come and see it turned into something real, usable, and important to customers’ and colleagues’ everyday lives. At Tesco Bank, our products make things a little better for everyone.
      </div>
     </div>
    </div>
   </div>
  </div>
 </div>
</div>


 
  
   
    General information 
   
  
  
   
    
     
      Job Title 
     
     
      Senior Compliance Manager 
     
    
    
     
      Ref # 
     
     
      8969 
     
    
    
     
      Location 
     
     
      Edinburgh 
     
    
    
     
      Department 
     
     
      Risk, Banking 
     
    
    
     
      Business Area 
     
     
      Risk, Banking 
     
    
    
     
      Working time 
     
     
      Full-Time 
     
    
    
     
      Date Published 
     
     
      01-08-2024 
     
    
    
     
      Closing date 
     
     
      15-08-2024 
     
    
   
  
 
 
  
   
    Serving our customers, communities, and planet a little better every day. 
   
  
  
   
    
     
      
       Salary up to £80,000 + annual bonus & benefits 
      
      
       Location – Edinburgh, Permanent
      
      
        You should be able to travel to our Edinburgh office 2 days a week.
      
      
        Applications close at 5pm on 15th August 2024
      
      
        
      
      
       The Bank with a little more heart
      
      
      
        We’re looking for a Senior Compliance Manager in our 2nd line Risk Function to work as part of the Tesco Bank Risk Compliance team. We’re looking for you to support the Head of Compliance in the delivery of the Bank’s compliance oversight. You’ll be working together as a team alongside the other senior compliance managers, reporting directly to the Head of Compliance. The oversight work is varied and includes FCA regulatory compliance and data protection. SMCR processes and risk adjustment.
      
      
        
      
      
       What you’ll be doing
      
      
      
        Providing subject matter expertise on compliance with the consumer regulatory regimes the banking business is subject to, including FCA regulation and data protection.
        Maintaining strong stakeholder relationships to embed compliance awareness across the organisation.
        Performing close and continuous and thematic oversight to support the Bank’s compliance with regulation and provide a view to management through Risk Opinions.
        Reporting on regulatory compliance risk, providing input to Committee papers.
        Acting as a delegate for the Head of Compliance where required.
      
      
      
        We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us at Tesco Bank.
      
      
      
        We need you to have
      
      
      
        Expert knowledge of consumer regulation applicable to retail banking (including FCA regulation and data protection).
        The ability to shape, develop and deliver on a compliance monitoring plan.
        The ability to apply that knowledge to provide practical opinions and oversight, with an understanding of how credit cards, loans and savings products operate.
        Good listening and influencing skills, with the ability to build strong relationships with business stakeholders, understanding their point of view and providing practical and pragmatic advice on regulatory compliance.
        Good report writing skills, with the ability to understand how to deliver key messages in Board and Oversight reports.
        The ability to work well as part of a team.
      
      
      
        And if you have any of these, even better.
      
      
      
        Line management and leadership experience.
      
      
      
        What’s in it for you
      
      
      
        Prepare for your retirement with our colleague pension scheme.
        Private Medical Insurance (WL2+) and virtual GP Service you and your family 365 days a year.
        Performance related annual bonus.
        Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more.
        Embrace the benefits of our Colleague Clubcard, enjoy a 10% discount that increase to 15% every payday (worth up to 2K). As an added perk, we’ll give you a second card to share with someone else.
        Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous 8-week paid paternity leave.
        A place to get on - take advantage of our ongoing learning opportunities and training, to help you achieve the job and career you want.
        Take part in our Buy as you Earn and Save as your Earn share schemes.
      
      
      
        Everyone’s welcome
      
      
      
        We want all our colleagues to always feel welcome and be themselves. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.
      
      
       Additional Information
      
       Role Alignment
       Following the announcement regarding Tesco's' strategic partnership with Barclays, this role will support our banking business and will transfer to Barclay's UK towards the end of 2024, subject to regulatory approval. Please note, the transfer date may change.
       #LI-KS1
       
     
    
   
  
 
 
  
   
    How to apply 
   
  
  
  
   
    
     
      
       We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.
      
      
      
        Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you’re interested in finding out more about what a career at Tesco Bank looks like, click apply to find out more!
      
       
     
    
   
  
 
 
  
   
    Why Tesco Bank? 
   
  
  
   
    
     
      We’re also a little obsessed with the future. Your future. Our future. That’s why we take development seriously; we want to help you thrive and evolve in your career. Tesco Bank is a place to get on, all colleagues have access to LinkedIn Learning and Abstract, from day one.
      
      
        It’s important to us that we make sure you’re supported by your team and colleague networks every day, celebrating when it matters and helping you to be the best version of yourself. The people make Tesco Bank, and we take pride in what we achieve together.
        
        All that hard work? Come and see it turned into something real, usable, and important to customers’ and colleagues’ everyday lives. At Tesco Bank, our products make things a little better for everyone.
      
     
    
   
  
 


Senior Compliance Manager

Requirements

Responsibilities

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Tesco Bank

Mission & Purpose