Head of Collections Compliance & Governance

Starling Bank; Cardiff; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading digital bank in the UK is seeking a Senior Compliance Expert to drive regulatory compliance within its Financial Assistance department. This role involves managing collection activities in adherence to regulatory standards, collaborating across teams, and promoting a culture of ethics and compliance. The ideal candidate will possess deep knowledge of UK regulations and excellent stakeholder management skills. This position offers a hybrid working model with attractive benefits.

Benefits

Company-enhanced salary sacrifice pension scheme

Private Medical Insurance

25 days holiday plus extra for your birthday

Life Insurance at 4x salary

Paid volunteering time

Annual leave increase with service

Perkbox membership

Flexible working options

Qualifications

• Experience with retail banking compliance is preferred.
• Understanding of regulatory requirements in collections.
• Ability to work in a fast-paced, regulated environment.

Responsibilities

• Monitor compliance with internal policies and UK regulations.
• Conduct reviews of collections activities.
• Prepare reports on compliance for senior management.

Skills

Deep working knowledge of applicable UK regulation

Excellent communication

Stakeholder management

Continuous improvement mindset

Job description

This senior leadership role drives regulatory compliance, ensuring risks are well understood and managed, and mitigated in line with bank appetite and regulatory requirements (including PRA, Consumer Duty, CONC, FCA standards and guidance). The role ensures adherence to regulatory requirements, internal policies, and ethical standards in all collection activities, while prioritising customer-centricity and positive outcomes.

Compliance Monitoring and Oversight

• Conduct regular reviews of collections activities to ensure compliance with UK laws, regulations, and internal policies.
• Monitor the implementation of compliance and conduct risk management frameworks.
• Identify compliance gaps or breaches and collaborate on corrective actions.
• Partner with 2LoD Compliance, Credit Risk, Legal and Audit to ensure a consistent understanding and approach to compliance within FA.
• Advise on Collections strategies to ensure compliance with relevant regulatory, legal and industry requirements and standards.

Governance & Risk Management

• Manage FA governance forums including Change Forum, Control Forum.
• Maintain a local level risk register and ensure effective risk reporting, escalation, and management.
• Lead responses to emerging risks or regulatory change, co-ordinating across teams and functions.
• Lead the identification, design, testing, exception/control reporting, and remedial action tracking for local (2nd level) risks and controls.

Policies and Standards

• 1LoD compliance assurance against relevant Bank-wide policies.
• Ownership of Financial Assistance Standards aligned to CiFD policy.
• Communicate and implement new policies, ensuring understanding and adherence.

Colleague Awareness

• Support the design of training on compliance, conduct risk, data protection (GDPR), and customer conduct topics.
• Promote a culture of ethics, compliance, and risk awareness.

Conduct & Customer Outcomes

• Lead 1LoD oversight of vulnerable customer treatments and processes.
• Act as an SME for regulatory matters, translating requirements into actionable strategies and processes.

Reporting

• Prepare regular reports on compliance and conduct risk management activities for senior management and regulatory bodies.
• Oversee all BAU reporting for consistency and accuracy.

This is a brand new vacancy within our Financial Assistance department, a department which supports our customers in financial difficulty. We're looking for a senior collections & recoveries compliance expert, ideally with retail banking experience.

Behaviours & Competencies

• Effective communication & stakeholder management.
• High attention to detail.
• Ability to work in a fast paced, highly regulated industry with competing priorities.
• Demonstrates the Starling Values.
• Ability to lead in a changing environment.

Skills & Experience

• Deep working knowledge of applicable UK regulation, and regulators.
• Continuous improvement mindset.
• Excellent communication and stakeholder management.

About Starling

At Starling, we are on a mission to provide people with a fairer, smarter, and more human alternative to traditional banks. We are building a leading digital bank, driven by fast technology, fair service, and honest values. Our vision is to create a banking industry that serves everyone, which we accomplish by developing best-in-class proprietary technology, offering an exceptional customer experience, and establishing a strong, sustainable business. Our five core values - Listen, Keep It Simple, Do The Right Thing, Own It, and Aim for Greatness - are at the heart of everything we do, guiding our strategy and shaping our culture. We're a branchless, largely paperless bank, committed to responsible banking, sustainability, and fostering an inclusive environment where everyone can thrive.

Hybrid working: All Starling colleagues spend a minimum of 10 days per month in the office, with flexibility to work the rest from home.

Why Join Starling? Make an Impact: Work on projects that directly shape the future of banking and improve the financial lives of our customers. Starling is technology-led, and you'll have the freedom to accomplish your goals in innovative ways. Culture of Excellence: Be part of a collaborative, empowered, and forward-thinking team. We encourage experimentation, ownership, and a relentless focus on "doing the right thing." Growth and Development: We are committed to your professional growth, offering opportunities to learn new technologies, take on new challenges, and own interesting things from day one. A Bank That Cares: We're a Living Wage employer, committed to flexible working, and dedicated to creating a fair, open, and safe working environment with compassion and inclusion at its core.

Benefits

• Company-enhanced salary sacrifice pension scheme (7% employer contribution)
• Private Medical Insurance with Vitality including mental health support and cancer care. Partner benefits include discounts with Waitrose, MrMrs Smith and Peloton.
• 25 days holiday (plus take your public holiday allowance whenever works best for you)
• An extra day's holiday for your birthday
• Life Insurance at 4x your salary.
• 16 hours of paid volunteering time a year.
• Ability to buy or sell annual leave.
• Generous family-friendly policies.
• Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
• Incentivised refer a friend scheme
• Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks

Access to initiatives like Cycle to Work, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing. Our Commitment to Equality.