Compliance Officer

Lantern; Leeds; Hybrid; GBP 32,000 - 42,000; Full time

Benefits offered by this job

10% annual bonus

25 days holiday

Option to buy additional holiday

Job summary

Lantern is seeking two Compliance Officers on a 12-month FTC to cover maternity leave, with hybrid work requiring 2 days in the office in LS1 and LS28. You will join Lantern’s 2nd Line of Defence, performing monitoring, assurance, and risk reporting to ensure regulatory adherence.

The role demands experience in a regulated environment, strong regulatory interpretation, and effective stakeholder communication. A proactive, collaborative approach is essential.

Qualifications

• Experience in a regulated environment is essential.
• Ability to interpret regulation and provide clear recommendations.
• Strong written and verbal communication across stakeholders.

Responsibilities

• Complete compliance monitoring reviews with terms of reference and materiality assessment.
• Perform horizon scanning to inform regulatory impacts for the business.
• Carry out supplier monitoring checks per the plan (including onboarding).
• Support Senior Management with risk incidents or regulatory breach activity.
• Escalate and document control failures to keep risk registers current.

Skills

Excellent communication

Understanding of regulation

Judgement and decision making

Agility

Consumer credit knowledge

Regulatory risk awareness

Tools

Excel

Outlook

Visio

Job description

Role: Compliance Officer (12 month FTC) x 2

Location: Hybrid 2 days in the office (LS1 & LS28)

Job Purpose

This is a 12-month fixed-term contract (FTC) to provide maternity cover. We currently have two Compliance Officer vacancies available.

Support Lantern’s 2nd Line of Defence to help the business grow safely and responsibly. Complete compliance activity in line with the compliance plan and undertake additional assurance activities to ensure risks are understood, appropriately managed, and effectively mitigated. This role will support the business in maintaining a strong culture of compliance and regulatory adherence while providing independent oversight and challenge where required.

Role Accountabilities

• Completion of compliance monitoring reviews, including terms of reference, testing, establishing materiality of findings and supporting stakeholders to understand the importance.
• Completion of horizon scanning, analysis of regulation or regulatory change to inform the business of impacts.
• Complete assurance checks on Lantern Group suppliers in line with the supplier monitoring plan (and at onboarding of new suppliers).
• Supporting Senior Management with risk incident or regulatory breach activity.
• Understand and upscale any control failures to ensure risk register is contemporary and Senior Managers have the information they need to make the right decisions.
• Produce quality written reports that communicate findings and risks in a clear and concise manner.
• Build and maintain strong relationships with stakeholders to maintain the credibility of Lantern’s 2nd Line of Defence.
• Ensure actions are tracked from inception through to implementation, obtaining and keeping evidence of decision making.
• Assist the Head of Compliance to create content for relevant committees.
• Build and maintain key stakeholder relationships across the business functions through effective communication.
• Develop and sustain a sound understanding of key legislation and regulation pertinent to Lantern (FCA, ICO, OFCOM etc.) and keep abreast of industry changes.
• Champion a culture of compliance and support the First Line of Defence to understand and mitigate its risks.

Skills and Experience

• Minimum of 1 year experience in a previous role providing assurance in a regulated environment.
• Judgement and decision making – ability to make decisions or recommendations on materiality and impact (with reference to clear supporting information and regulation).
• Agility – ability to move from one task to the next at pace, comfortable with more than one activity on the to-do list.
• Understanding of the consumer credit / debt purchase sector.
• Computer literate and competent with Excel, Outlook and Visio.
• Excellent communication skills (written and verbal).
• Ability to understand and interpret regulation.

Why Join Lantern

• £33,215k salary plus 10% annual bonus
• 25 days holiday (increasing with service) plus bank holidays
• Option to buy additional holiday
• Development and career progression opportunities