Regulatory Compliance Officer

5w1 month ago

Plum

London, GB · Full-time · £55,000 – £75,000

About this role

Plum is your smart saving and investing app on a mission to help grow money for life. Over 2 million people in 10 European markets have set aside more than £2 billion with our clever automation and AI. We seek a proactive Regulatory Compliance Officer to expand our Compliance team.

You will enhance compliance culture and support the team as a liaison between the company and regulatory bodies. Work closely with internal teams to implement regulatory requirements, focusing on ISAs and investment products. Proven experience with UK FCA rules and ISA Regulations is essential.

Daily tasks include developing policies, conducting risk assessments, overseeing ISA operations, and reviewing marketing materials. Investigate SARs escalations, complaints, and financial crime incidents. Prepare reports, filings, and training for employees and regulators.

Collaborate with Products, Customer Service, Fraud, Finance, and Marketing teams. Monitor regulatory changes, trends, and developments impacting operations. Join 230+ passionate Plumsters in a dynamic environment recognized by Deloitte and Finder awards.

Requirements

Proven experience in the oversight of ISAs and/or investment products in the UK
Familiarity with applicable FCA rules and ISA Regulations
Experience in compliance monitoring
Knowledge of Consumer Duty requirements
Understanding of financial crime investigations including SARs
Ability to prepare regulatory reports and conduct compliance training

Responsibilities

Develop and assist in the implementation of compliance policies and procedures
Conduct checks, risk assessments and assist in the production of compliance reports
Execute checks in connection with Consumer Duty and support the build-out of the firm’s Consumer Duty framework
Provide oversight of ISA and/or investment product operations to ensure adherence to UK regulatory requirements
Review marketing, advertising and press material to ensure they comply with regulatory requirements
Investigate SARs escalations, complaints, incidents and financial crime related requests
Prepare compliance reports addressed to the regulators and compile regulatory filings
Monitor regulatory changes, amendments, trends or developments that may impact operations