Compliance Officer - Redhill, United Kingdom - Santander Consumer Finance

Santander Consumer Finance

Verified Company

Redhill, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

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Description

Santander Consumer Finance UK (SCUK) is based in Redhill, Surrey and provides motor finance to a network of dealerships throughout the United Kingdom.

SCUK has a number of joint venture arrangements with key manufacturers and also trades on behalf of a numberof manufacturers including Mazda, KTM, Yamaha, McLaren and MG.

We have an exciting opportunity for an individual to join the Compliance team as a Compliance Officer, working alongside a small but dedicated team, to deliver a first-class compliance function.

Reporting to one of the Compliance Managers, your role willbe to ensure the business operates in accordance with all applicable laws, rules and regulations whilst supporting the strategy and commercial aims of the business.

This is a varied role where no two days are the same.

You will be responsible for delivering effective measures for prevention or identification, management and control of regulatory, conduct and reputational risks.

You will have the opportunity of rotatingjob role every 6 months or so, across the team of Compliance Officers and the different disciplines within the Compliance team.

What you'll be doing
The role responsibilities will include;

General Responsibilities

Assist the Compliance Managers and Head of Compliance with daytoday management of compliance matters within the business and ensure department goals are met
Ensure appropriate and timely engagement with stakeholders and build internal relationships to foster a collaborative working environment
Escalate any compliance issues to the Compliance Manager
Minute compliance committees and fora including management of actions
Manage compliance mailboxes and address queries in a timely and appropriate manner
Provide compliance sign off as required by the business
Assist in compliance and business projects as required as Compliance support
Attend external meetings and events as required

On a rotation basis, you will focus on each of the following;
Data Protection

Work queries within data protection mailbox in a timely manner
Report, escalate and record breaches and incidents appropriately and within regulatory and business timescales
Follow up on remediation where necessary
Review DPIAs within business SLA and liaise with the relevant stakeholder to address any issues
Review LIAs as required
Assist in the drafting of any policy and/or process changes as directed by the Compliance Manager
Escalate key concerns to the Compliance Manager
Assist the Compliance Manager in ensuring data protection is embedded within the business
Assisting with MI collation
Assisting the Compliance Manager with any regulatory information requests
DP champion for the business. Will include awareness sessions and assisting in training

Compliance Monitoring

Assisting the Compliance Manager responsible for compliance monitoring with information gathering, reviewing information, and assisting with report drafting where needed
Undertake monitoring reviews as dictated by the compliance monitoring plan
Assist with the development of the annual compliance monitoring plan

Financial Crime

Review gifts and hospitality submission in line with business processes and escalate as required
Review charitable donations in line with business processes
Review on boarding cases and manage with the appropriate stakeholders
Minute relevant FC committees and fora as required

Dealer Oversight

Assist the Compliance Manger responsible for dealer oversight, in carrying out dealer reviews
Review data for monthly Dealer Oversight forum and report areas of concern to the Compliance Manager
Minute Dealer Oversight forum and follow up on any actions
Manage dealer queries from the business on behalf of the Compliance Manger

Reporting

Assist with monthly compliance reporting
Assist with the collation of reporting to regulatory bodies on a regular and ad hoc basis

Horizon

Keep up to date with regulatory changes
Assist in the drafting of horizon bulletins to the business on upcoming regulatory changes

What we're looking for

Strong working knowledge of the UK regulatory framework, including FCA rules and guidance in relation to Consumer Credit (ideally, more specifically Motor Finance)
Previously worked within the parameters of the regulatory environment
Ability to analyse, evaluate and communicate issues
Excellent interpersonal and customer care skills
Strong MS Office skills (Excel, Word, PowerPoint)
Excellent communication skills, both written and oral, with excellent attention to detail
Ability to work on own initiative
Good analytical skills with excellent time management with the ability to multitask with tight deadlines
Willingness to study for a compliance related qualification

What we offer
We have a range of benefits available which include: