About the role
We’re on a mission to make affordable loans available to more people. Using the power of Open Banking, we have built state-of-the-art technology that allows us to look beyond traditional credit scores and offer fairer credit to people ignored by traditional lenders.
We have two parts of our business. On the consumer side, we have Abound. Abound has proven that our approach works at scale, with over £300 million lent to-date. While other lenders only look at your credit score, we use Open Banking to look at the full picture – what you earn, how you spend, and what’s left at the end.
On the B2B side, we have Render. Render is our award-winning software-as-a-service platform that allows Abound to make better, less risky lending decisions. And less risky decisions mean we can offer customers better rates than they can usually find elsewhere. We’re taking Render global so that more companies, from high-street banks to other fintechs, can offer affordable credit to their customers.
We’re looking for a Compliance Officer to join our team and help us drive our growth and ensure good outcomes for our customers.
What you'll be doing:
Broadly-based regulatory compliance role, reporting to the Senior Compliance Officer
Perform a range of regular compliance monitoring in order to identify and understand real or potential issues and risks to our customers and the firm, and to provide meaningful actions to remedy and mitigate
Draft reports to the Board and to management on the compliance monitoring undertaken
Keep up to date with regulatory changes, informing key colleagues about the changes and what it means for us and our customers
Assist in ensuring that our suite of policies is regularly reviewed by appropriate team members, in order to ensure that they are accurate, up-to-date and in line with regulatory requirements
In this role you will need to build a close and effective relationship with all parts of the business, engaging constructively with colleagues on compliance matters
Act as point of escalation for individual customer cases, e.g. fraud risk, complaints etc.
Assist with Anti-Money Laundering assessments and advise the Money Laundering Reporting Officer on AML matters
Support the Chief Compliance Officer on risk, compliance and regulatory matters, and on providing internal advice on development to our products and services
Fintern offers hybrid working arrangements. The office location is in London
Who you are: First-hand knowledge of regulatory compliance or equivalent in retail financial services. This may be through a first line controls role, or through an Operational role where compliance and a sound customer outcomes approach has been a significant part of your role
Proactive and dynamic approach
Understanding of FCA Handbook regulations that are relevant to the business
Familiarity with the practical application of the Consumer Duty
Ability to form and justify risk-based judgements
Preserve confidence and act with discretion
Clear and confident communication at all levels of the organisation including executive management
Strong written and numerical skills, including preparation of Board reports
What we offer Everyone owns a piece of the company - equity
25 days’ holiday a year, plus 8 bank holidays
2 paid volunteering days per year
One month paid sabbatical after 4 years
Employee loan
Free gym membership
Save up to 60% on an electric vehicle through our salary sacrifice scheme with Loveelectric
Team wellness budget to be active together - set up a yoga class, a tennis lesson or go bouldering
#J-18808-Ljbffr
Perform a range of regular compliance monitoring in order to identify and understand real or potential issues and risks to our customers and the firm, and to provide meaningful actions to remedy and mitigate
Draft reports to the Board and to management on the compliance monitoring undertaken
Keep up to date with regulatory changes, informing key colleagues about the changes and what it means for us and our customers
Assist in ensuring that our suite of policies is regularly reviewed by appropriate team members, in order to ensure that they are accurate, up-to-date and in line with regulatory requirements
In this role you will need to build a close and effective relationship with all parts of the business, engaging constructively with colleagues on compliance matters
Act as point of escalation for individual customer cases, e.g. fraud risk, complaints etc.
Assist with Anti-Money Laundering assessments and advise the Money Laundering Reporting Officer on AML matters
Support the Chief Compliance Officer on risk, compliance and regulatory matters, and on providing internal advice on development to our products and services
Fintern offers hybrid working arrangements. The office location is in London
Who you are: First-hand knowledge of regulatory compliance or equivalent in retail financial services. This may be through a first line controls role, or through an Operational role where compliance and a sound customer outcomes approach has been a significant part of your role
Proactive and dynamic approach
Understanding of FCA Handbook regulations that are relevant to the business
Familiarity with the practical application of the Consumer Duty
Ability to form and justify risk-based judgements
Preserve confidence and act with discretion
Clear and confident communication at all levels of the organisation including executive management
Strong written and numerical skills, including preparation of Board reports
What we offer Everyone owns a piece of the company - equity
25 days’ holiday a year, plus 8 bank holidays
2 paid volunteering days per year
One month paid sabbatical after 4 years
Employee loan
Free gym membership
Save up to 60% on an electric vehicle through our salary sacrifice scheme with Loveelectric
Team wellness budget to be active together - set up a yoga class, a tennis lesson or go bouldering
#J-18808-Ljbffr
