Compliance Business Partner

Melton Building Society; Melton Mowbray; Hybrid; GBP 38,000 - 45,000; Full time

Job summary

Melton Building Society is seeking a full-time Compliance Business Partner for a 12-month fixed term contract. This role involves providing compliance advice, leading initiatives to enhance compliance standards, and collaborating with stakeholders to ensure alignment with regulatory requirements. The ideal candidate will have experience in compliance advisory within retail banking, along with strong communication and problem-solving skills.

Benefits

Generous employer pension contributions

Free annual pension advice

30 days holiday plus bank holidays

Discretionary bonus scheme

Health cash plan

Access to discounts through a reward platform

Qualifications

• Experience of working in a Compliance Advisory role within retail banking.
• Strong understanding of regulatory framework including FCA handbook.
• Proven experience of implementing FCA requirements.

Responsibilities

• Provide expert compliance advice to stakeholders and support regulatory implementation.
• Conduct second line reviews and perform gap analyses against regulatory expectations.
• Prepare compliance-related training and documentation as needed.

Skills

Effective communication skills

Problem solving

Analytical skills

Relationship management

Leadership

Organizational skills

Collaborative team player

Education

Relevant compliance qualifications

Job description

Melton Building Society is proud to be celebrating 150 years of helping people to buy their homes and make the most of their savings.Our purpose is to sustainably create homes and build thriving communities and this is made possible through our amazing people, who place customers and the community at the heart of everything they do.

This role is a full-time Compliance Business Partner on a 12-month fixed term contract as maternity cover, working on a hybrid basis in Melton Mowbray. This is an excellent opportunity for a team player wanting to provide proactive advice and challenge, working closely with stakeholders and developing compliance practises.

About the position

As a Compliance Business Partner, you will be responsible for:

• Providing expert compliance advice and challenge to key stakeholders across the Society, supporting them to interpret and implement regulatory requirements.
• Supporting the delivery of business change projects by acting as a Compliance SME.
• Performing second line reviews of key documentation, such as Society Policies.
• Providing compliance advice across product governance arrangements.
• Performing gap analyses against regulatory expectations and business operations.
• Identifying, understanding and assessing changes to regulatory requirements.
• Preparing summary documentation of regulatory changes and guidance to support business understanding and implementation.
• Providing compliance advice to the investigation of Incidents and Breaches.
• Conducting analysis and providing second line challenge to key management information, including Consumer Duty Data.
• Supporting the development of a Compliance and risk-aware culture.
• Providing support to embed the Enterprise Risk Management Framework.
• Preparing and delivering compliance-related training as required.
• Leading on initiatives to enhance and embed compliance standards.
• Developing and maintaining Compliance-owned policies and procedures.
• Conducting any other assurance activities and providing support to the wider team as and when required.
• Establishing and maintaining working relationships with key stakeholders including Executive Members and other Management.

What are we looking for?

People who share our passion to make a difference, build relationships and scratch under the surface to find innovative solutions. We are keen to see applications from candidates who can demonstrate:

Experience

• Experience of working in a Compliance Advisory role, within retail banking.
• A strong understanding of the regulatory framework for retail banking, including detailed awareness of the FCA handbook.
• Proven experience of implementing FCA regulatory requirements.

·Relevant compliance qualifications would be desirable.

Skills

·Effective communication skills – verbal and written

·Ability to adapt and be flexible

·Good influencing and relationship management skills

·Ability to provide leadership to key stakeholders

·Well organised and manages time effectively

·Willingness to learn and grow

·Problem solving and analytical skills

·Collaborative team player

·Ability to work independently and be proactive

·Keen eye for detail

·Maintains composure under pressure

·Ability to make thought-through decisions

What’s in it for you?

We know that our most important asset at the Melton are our people – people who make things happen. We work in an industry where relationships with our customers are key to our success, and we continuously strive to make Melton Building Society a great place to work.

We aim to create an inclusive and supportive culture where our differences are embraced and where you feel that you belong.

For the right candidate, our competitive reward package includes:

-Generous employer pension contributions

-Free annual pension advice and pension welcome meeting

-30 days holiday plus bank holidays

-Discretionary bonus scheme

-Health cash plan

-Reward platform with monthly treats and access to discounts

Salary of up to £45,000 per annum.

To apply, please enter your details & upload your CV. You must have the right to work in the UK.