Compliance Officer - Liverpool, United Kingdom - PayPoint IT

PayPoint IT

Verified Company

Liverpool, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

THE ROLE:

The Compliance Officer will report into the Senior Compliance Officer of PayPoint Plc and form part of an in-house Legal and Compliance team of 9.

This is a maternity cover from August February 2024.

MAIN PURPOSE OF ROLE

Form part of a small Compliance Function (comprising of yourself and a Senior Compliance Officer) across all companies forming part of the PayPoint Plc Group, with particular focus on Handepay Limited and Merchant Rentals Limited, which are FCA regulated.
You will play a key part of the creation, review and implementation of policies, procedures and internal controls in line with relevant regulatory requirements.
Take an active role in managing compliance within the business, providing training, increasing awareness and implementing controls to embed high standards and mitigate regulatory risk.
Report on compliance risks and nonconformance.
Act as Money Laundering Reporting Officer (MLRO) for Handepay Limited and Merchant Rentals Limited.
Support the Senior Compliance Officer and Data Protection Officer (DPO).

KEY RESPONSIBILITIES

Assist the Senior Compliance Officer on the development of compliance infrastructure such that it ensures proper understanding, measurement and management of compliance risk, including through building on existing internal policies, procedures and controls.
Ensure operating procedures comply with regulatory requirements such as the FCA consumer duty principle, internal policies, procedures and controls.
Assist with the maintanance of a compliance monitoring programme.
Work with the Senior Compliance Officer to establish a culture of compliance across the business.
Report risks and issues to the Senior Compliance Officer and relevant stakeholders.
Deliver training to relevant stakeholders and coach key personnel to manage own compliance responsibilities
Build relationships with regulators, as required.
Horizon scanning regulatory developments and new regulatory requirements.
Work collaboratively with the Legal Team, Risk and the Internal Audit Team to ensure that regulatory compliance risk is managed effectively.

QUALIFICATIONS AND EXPERIENCE

Essential:

Experience working in regulatory compliance within a regulated corporate environment, including developing and overseeing policies, procedures and controls.
Experience of implementation of process improvement such as Consumer Duty.
Ability to effectively communicate and interact with senior stakeholders.
Experience and understanding of GDPR compliance.
Experience of FCA compliance, including Consumer Credit Act compliance.
Proven track record of implementing and managing AML processes and procedures.
Experience of providing compliance materials and training to internal stakeholders.

Desirable:

Previous experience in payment services, emoney institution, fintech, banking and/or consumer credit.
A track record of implementation and execution of regulatory and compliance programs
Legal, compliance or financial qualification.

Person Specification:

Ability to manage own workload and work with mínimal supervision.
Ability to develop pragmatic compliance solutions that satisfy relevant regulations while executing sound business judgement.
Takes personal responsibility for getting the job done, hands on and willing to roll sleeves up to deliver regulatory compliance across all relevant businesses in the PayPoint group.
Ability to manage different stakeholders and understand business needs whilst ensuring unquestionable compliance with regulatory obligations.
Possess effective influencing skills and a good commercial acumen.
Proactive, highly motivated and organised with a good teamworking ethic.
Effective planning and project management.
Good interpersonal skills with the ability to articulate compliance issues to noncompliance staff.
Ability to foster a collaborative compliance culture across the business.
This is a hybrid role working out of our office in Liverpool with some travel to our head office in Welwyn Garden City, Hertfordshire

Description

The Compliance Officer will report into the Senior Compliance Officer of PayPoint Plc and form part of an in-house Legal and Compliance team of 9.

Key Responsibilities
You will play a key part of the creation, review and implementation of policies, procedures and internal controls in line with relevant regulatory requirements

Job Types:
Full-time, Contract

Salary:
£40,000.00-£43,000.00 per year