Head Of Compliance

Sewell Wallis Ltd; Rotherham; On-site; GBP 80,000 - 90,000; Full time

Job summary

A leading financial services firm in Rotherham is seeking a Head of Compliance to lead their governance strategies during a period of growth and transformation. The successful candidate will have extensive experience in compliance within FCA regulated environments, particularly the mortgage industry. Responsibilities include managing compliance risks, overseeing regulatory aspects, and leading a team. This strategic role offers a competitive salary, benefits, and opportunities for professional development.

Benefits

25 days holiday

Private Medical Insurance - Vitality

Cycle to work scheme

Onsite parking

Qualifications

• At least 3 years' experience in financial services at a senior level.
• Comprehensive knowledge of mortgage and consumer credit products.
• Full understanding of FCA regulation, including Consumer Duty and MCOB.
• Experience in leading and coaching a team.

Responsibilities

• Lead the design and operationalisation of governance capabilities.
• Accountable for second line responsibility for all credit aspects.
• Oversight of the compliance framework and regulatory bodies.
• Lead regulatory change initiatives.

Skills

FCA Regulation

Compliance Management

Team Leadership

Mortgage Knowledge

Consumer Credit Products

Job description

Sewell Wallis is exclusively partnering with our client, a specialist financial services business based in Rotherham, as they appoint a Head of Compliance into their team. This South Yorkshire business is continuing their journey through a transformation and growth strategy and is therefore looking for a driven leader of people with an experienced background in compliance and control in an FCA regulated environment, ideally within the mortgage industry.

What will you be doing?

1. Leading the design and operationalisation of governance capabilities of the Group.
2. Being accountable for second line responsibility for all credit aspects of the business, including owning responsible lending policies, affordability calculations, oversight of vulnerable customers, and the effective implementation of collections (including forbearance) policies and processes.
3. Owning the Group's second line compliance monitoring plan using a risk-weighted methodology.
4. Overseeing regulatory capital and credit risk retention requirements in line with MIPRU.
5. Managing the oversight of the compliance framework.
6. Taking responsibility for group activities as Compliance Oversight.
7. Serving as the point of contact for all regulatory bodies, including the FCA and FOS.
8. Leading regulatory change initiatives and assessing their impact on business strategy.

What skills do we require?

1. At least 3 years' experience within financial services at a senior level.
2. Comprehensive knowledge of mortgage and other consumer credit products and the mortgage and loan industry.
3. A full understanding of FCA regulation, including Consumer Duty and MCOB.
4. Previous experience in leading and coaching a team.

What's on offer?

1. Salary between £80,000 - £90,000.
2. 25 days holiday.
3. PMI - Vitality.
4. Cycle to work scheme.
5. Onsite parking.

To apply for this role, please send your CV, quoting our reference, and specify which website you saw this position advertised on. Due to the high volume of applications, if we have not responded within seven days, your application has not been successful. Sewell Wallis is a specialist recruitment company with extensive experience in our industry. We offer permanent, temporary, and interim recruitment support for accounting and finance, human resources, and business support positions. We recruit at all levels within finance, from Purchase Ledger Administrator and Credit Controller to Financial Controller and Director roles. With offices in Sheffield and Leeds, we are well positioned to cover South Yorkshire, West Yorkshire, and Manchester. Please visit our website for more information on accountancy, finance jobs, human resources, and business support positions.