FCA Audit & Compliance Officer

Farr Associates Recruitment limited; United Kingdom; Hybrid; GBP 45,000; Full time

Job summary

A leading recruitment agency is seeking a FCA Audit & Compliance Officer for a 12-month fixed-term contract with a salary of GBP45,000. This hybrid role involves supporting compliance oversight for insurance dealership suppliers, monitoring FCA regulations, and managing audits. The ideal candidate has at least 2 years of experience in compliance audit roles, along with excellent communication skills. The position offers superb benefits including holiday allowances, pension contributions, and discounts on various services.

Benefits

25 days base holiday plus bank holidays

Pension contribution 5% employer

Up to 10 additional holiday days

Discounts on products and gym memberships

Free flu vouchers and eye tests every 2 years

Cycle-to-work scheme

GBP625 bonus for referring a friend

Private healthcare with Bupa

Discounts at local retail outlets

Free parking onsite

Qualifications

• Minimum of 2 years experience in a compliance audit MI role.
• FCA background is ideal.
• Strong written and verbal communication skills.

Responsibilities

• Monitor changes to FCA regulations and guidelines.
• Make recommendations to enhance compliance policies.
• Support dealership compliance within FCA guidelines.
• Manage audit processes and maintain accurate records.
• Conduct due diligence checks for lenders.
• Assist with compliance processes and investigations.

Skills

Excellent communication skills

Attention to detail

Ability to manage multiple priorities

Job description

FCA Audit & Compliance Officer

12 MONTH FTC

GBP45,000

Hybrid 3 days office–based Monday to Friday 37.5 hours a week

The Role

We are looking for a FCA Compliance Officer to support the Head of Risk & Compliance in providing oversight and MI Quality Compliance recording with all FCA requirements for our Insurance Dealership suppliers. This is an excellent opportunity for someone with experience in FCA Quality Compliance or MI Compliance related roles who is ready to take the next step in their career.

Responsibilities for FCA Audit & Compliance Officer

• Monitoring & keeping up to date with upcoming changes to regulations applicable to FCA legislation, codes of practice, industry guidelines and best practices.
• Work to help reduce risk to the business and make recommendations to enhance the compliance and policies currently in place.
• Support the Compliance Distribution Managers to help ensure their dealerships are working within FCA guidelines.
• Managing 12‑month & quarterly audit processes.
• Identify situations that may pose significant compliance and conduct risks and ensure the Dealership Managers and Head of Risk & Compliance are informed.
• Audits: Carry out an agreed number of FCA audits, delivering prompt and clear feedback to the managers in a timely manner and maintain accurate records of all completed audits & highlight any training requirements or action needed.
• Fraud: Support the Compliance team to ensure staff are fully aware of fraud and money‑laundering rules through regular feedback and training and ensure that the AML processes in place are followed.
• Due Diligence: conduct due‑diligence checks for the lenders and introducers.
• Assist the DMs with day‑to‑day compliance processes, such as breach investigations, suspicious activity investigations and reporting to the relevant authorities, lender declines etc.
• Support the Head of Risk & Compliance with collating management information (MI) for the monthly and quarterly reports.

Experience

• FCA background ideally with a minimum of 2 years experience in a compliance audit MI role.
• Excellent communication skills, both written and verbal.
• Strong attention to detail, with the ability to work independently and manage multiple priorities.

Superb Benefits Available for FCA Audit & Compliance Officer

• 25 days base holiday (plus bank holidays) with the option to buy 5 more or carry them over.
• Pension contribution 5% employer.
• Up to 10 additional holiday days on top of your allowance.
• Discounts on products and gym membership discounts through Gym Flex.
• Free flu vouchers in winter, Christmas voucher, and free eye tests every 2 years.
• Cycle‑to‑work scheme and a GBP625 bonus for referring a friend.
• Excellent pension match benefits and private healthcare with Bupa.
• Discounts at local retail outlets and opportunities to win tickets to events.
• Free parking onsite.

Please feel free to contact me directly to discuss the role in more detail and the client.

I look forward to reviewing your application.

Lisa

Farr Associates

Recruitment Specialist