Senior Monitoring Analyst

Propel Finance Group; Newport; On-site; GBP 40,000 - 55,000; Full time

Job summary

A financial services provider is seeking a Senior Monitoring Analyst in Newport. This role involves overseeing compliance monitoring activities, ensuring regulatory obligations are met, and supporting a culture of compliance. Candidates should have experience in compliance and a strong understanding of FCA regulation. The company offers a hybrid work model and comprehensive benefits, including private medical insurance and diversified leave options.

Benefits

25 days annual leave + bank holidays

Private Medical Insurance

Subsidised gym membership

Life Assurance

Auto-enrolment pension with employer contribution

Qualifications

• Experience in compliance and/or monitoring activities in financial services.
• Expert knowledge of FCA regulation including Consumer Duty.
• Ability to provide support for regulatory queries.

Responsibilities

• Oversee thematic monitoring reviews and quality assurance testing.
• Document findings and recommend remedial actions.
• Manage MI reporting for internal stakeholders.

Skills

Analytical skills

Proactive approach

Attention to detail

Education

A-Level qualifications or higher

Job description

Resourcing Consultant at The Curve Group

Propel Finance was established in 1996 to provide flexible and accessible finance to SMEs across the country. In over 20 years, Propel has grown to become one of the UK’s largest independent finance houses, delivering leading‑edge finance solutions through a unique combination of teamwork and technology.

From this success we are now seeking to recruit a Senior Monitoring Analyst to support our growth plans and elevate the services we offer. The Senior Monitoring Analyst will work with the Compliance Department to ensure Propel meets its regulatory, legal, and governance obligations. The role focuses on day‑to‑day monitoring and quality assurance, identifying risks, ensuring controls are effective and driving improvements across the business.

Role responsibilities

Monitoring & Assurance

• Oversee and carry out thematic monitoring reviews, file checks, and QA testing in line with the monitoring and quality assurance framework.
• Document and elevate findings clearly, highlighting risks and recommending remedial actions.
• Track open actions and verify closure of remedial work.
• Lead preparation of monitoring reports for the Compliance & Monitoring Manager.
• Maintain and enhance the monitoring framework and assist in developing the Compliance Monitoring Plan (CMP).

Compliance Support

• Support colleagues with regulatory queries by providing accurate and timely information.
• Contribute to fraud prevention activities.

Governance & Reporting

• Manage MI reporting for internal stakeholders, collating data on monitoring activity and compliance performance.
• Ensure monitoring documentation is maintained and up to date.
• Work closely with colleagues across the business to ensure understanding of compliance requirements.
• Take part in training and development opportunities to build knowledge of FCA regulations and assurance skills.
• Support team initiatives to embed a strong culture of compliance, transparency, and accountability.
• Provide guidance and support to Monitoring Analysts as necessary.
• Previous experience in compliance and/or compliance monitoring activities, assurance or risk role within financial services.
• Expert working knowledge of FCA regulation, particularly Consumer Duty, CONC, SYSC and DISP.
• A‑Level qualifications or higher.
• Proactive and inquisitive approach with a willingness to learn.
• Excellent analytical skills with keen attention to detail.

So, why would you want to work here?

We offer a great working environment and an ambitious business culture. Everyone, no matter their role, can shape outcomes, share ideas and have their voice heard. It’s truly a collaborative place to work.

Propel embraces hybrid working, with modern offices in Newport, London and Manchester, plus a field‑based sales team, so you’ll never be too far away from colleagues.

This role is based in Propel’s Newport office and requires hybrid working – two days a week in the office (Monday and Thursday).

Benefits you can expect

• 25 days annual leave + bank holidays
• 2 additional days holiday after 5 years’ service
• Birthday day off
• Opt‑in Private Medical Insurance
• Subsidised gym membership at £18.75 a month
• Cycle to Work Scheme
• Electric Car Scheme
• Buy Annual Leave Scheme
• Half‑day seasonal shopping
• Auto‑enrolment pension – 3% employer contribution subject to eligibility
• Life Assurance 3× basic salary
• Company events and reward schemes

We are proud to be a member of Stonewall’s Diversity Champions programme and are committed to improving workplace inclusion.

The Curve Group is Propel’s outsource partner for Recruitment and a “Data Processor”. The Curve Group will hold the information you submit but Propel will have access to it. You can find their privacy policy here: https://www.thecurvegroup.co.uk/privacy-policy/

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Quality Assurance and Analyst

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