Compliance Advisory Officer

Funding Circle Ltd.; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading finance platform in London is seeking a Compliance Advisory Officer to support the Compliance team. The ideal candidate will have at least 1 year of Compliance experience and a solid understanding of relevant Financial Services regulations. This role involves advising business teams on regulatory compliance, reviewing financial promotions, and monitoring industry trends. The company offers a hybrid work model and a comprehensive benefits package.

Benefits

Private Medical Insurance

Dental Insurance

Flexible working allowance

Electric Car Scheme

Qualifications

• Minimum 1 year of experience in Compliance.
• Experience within Payments, Lending or Card products is beneficial.

Responsibilities

• Provide Compliance advisory to business units.
• Review and approve financial promotions.
• Monitor regulatory developments and industry trends.

Skills

Compliance experience

Understanding of Financial Services regulations

Job description

Overview

Compliance Advisory Officer. We are looking for a Compliance Advisory Officer in our Compliance team. The team is an essential component of Funding Circle’s second line of defence risk framework. They advise and challenge the Business Teams with respect to Compliance with regulatory requirements and Funding Circle policies.

Who are we?

We’re Funding Circle. We back small businesses to succeed. At Funding Circle, we believe the world needs small businesses. That’s why we’ve made it our mission to help them get the finance they need to grow. With more than a decade of expertise under our belt, we’ve built a game-changer of a platform with cutting-edge data and technology that’s reshaping the landscape of SME lending. Say goodbye to lengthy applications and hello to lightning-fast decisions! In just minutes, SMEs across the UK can get a decision, giving them access to competitive funding in a flash. We know that good business is about good people. So we pride ourselves on providing meaningful, human support as well as fast, hassle free processes to deliver an unbeatable customer experience.

The role

Your role will be to work closely with the Compliance and other Business Teams to support the delivery of the Compliance plan. Your reporting will provide the Legal and Compliance Leadership Team and Senior Management with a clear picture of how the business is complying with its regulatory obligations, identify areas for development and make constructive recommendations for improvement.

• Act as a key point of contact for business units seeking Compliance advice, offering timely, accurate, and pragmatic solutions.
• Work with teams across the business and gain a deep understanding of their processes and understand the regulatory and policy impacts.
• Develop and maintain effective working relationships with key stakeholders within the business. Attend key business meetings and where necessary to challenge and influence to ensure Compliance risks are adequately addressed.
• Review and approve financial promotions across various channels (e.g., marketing materials, website content, customer communications) to ensure compliance with FCA regulations and internal policies.
• Design and implement Compliance policies, standards and training materials, including those that support new products and processes.
• Build and sustain technical knowledge of relevant regulations (i.e. SMCR, COBS, SYSC), keeping up to date with new developments and the latest regulatory position.
• Provide expert guidance and interpretation on all aspects of SMCR, including individual accountability, regulatory expectations, and practical implementation.
• Support the business in maintaining accurate SMCR documentation and records.
• Monitor regulatory developments and industry trends related to SMCR, Financial Promotions, Lending etc and assess their potential impact on the business.
• Proactively problem solving, identifying and confidently mitigating any risks, issues or control weaknesses that arise in day-to-day activities.

What we’re looking for

• Minimum 1 year of Compliance experience
• Experience within Payments, Lending or Card products would be beneficial, but not essential
• Strong practical understanding of Financial Services regulations, especially those relevant to Lending platforms

Why join us

At Funding Circle we are committed to building diverse teams so please apply even if your past experience doesn’t align perfectly with the requirements.

We have a huge impact on the businesses that borrow through our platform, the communities they serve and the overall economy (last year £6.9bn of GDP generated). You can read our full Impact Report here: https://www.fundingcircle.com/uk/impact. To see what our customers think, visit our Trustpilot page: https://uk.trustpilot.com/review/fundingcircle.com. And we’re still evolving! Our award-winning multi-product platform is solving more SME finance challenges than ever before. We think big, rally together and meet the needs of SME customers like no other.

As a flexible-first employer we offer hybrid working at Funding Circle, and we’ve long believed in a 'best of both' approach to in-office collaboration and non-office days. We expect our teams to be in our London office three times a week, where you can take advantage of our newly refurbished hybrid working space, barista made coffee and subsidised lunches (via JustEat) every day! We back our Circlers to build their own incredible career, making a difference to small businesses every day. Our Circler proposition is designed to support employees both in and out of work, and it is anchored around four pillars: Health, Wealth, Development & Lifestyle.

A few highlights:

• Flexibility: We provide you with a benefit allowance so that you can tailor your benefit selection to you and your family’s needs.
• Health: Private Medical Insurance, Dental Insurance, Health Cash Plan, Health Assessments (including female fertility health assessments), eyecare vouchers, flu jabs, Wellhub (for discounted flexible gym membership and access to wellbeing apps) access to a free Employee Assistance Programme and free Digital GP for yourself and any children under 16.
• Wealth: Life Assurance, Income Protection, Critical Illness Cover, financial coaching through Octopus Money Coach, a tax-advantaged share scheme, a free mortgage advisor partnership and discounts across numerous retailers through Perks at Work.
• Development: Dedicated annual Learning & Development allowance and full access to internal learning platform.
• Lifestyle: Electric Car Scheme, Cycle to Work scheme, Season Ticket Loans, and more!

And finally, we have award winning parental leave policies supporting parents through enhanced maternity, partner and adoption leave, as well as additional leave for parental bereavement and for fertility treatments.

Ready to make a difference? We’d love to hear from you.

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