Group Compliance Officer

Position: Group Compliance Officer

Location: Park Gate

Salary: OTE Up to £45,000

Work Pattern: 5-Day Working Week

Company Overview:

Carsa is a rapidly expanding and successful automotive company dedicated to delivering exceptional customer experiences and achieving financial excellence. As part of our ongoing growth, we are seeking a Group Compliance Officer to join our team and help support the Board of Directors in harmonizing operations and compliance across the group.

Position Summary:

The Group Compliance Officer will be responsible for monitoring, interpreting, and implementing regulatory requirements and changes affecting the financial services sector. This role involves developing and maintaining compliance policies, procedures, and controls to ensure adherence to applicable laws and regulations, as well as providing guidance and support to business units on compliance-related issues.

Key Responsibilities:

Regulatory Monitoring and Implementation:

Monitor, interpret, and implement regulatory requirements and changes, including those issued by the FCA and other relevant regulatory bodies.

Stay up-to-date with developments in the financial services sector to ensure compliance with all applicable regulations.

Compliance Policies and Procedures:

Develop and maintain compliance policies, procedures, and controls to ensure adherence to applicable laws and regulations.

Ensure compliance measures are effectively communicated and implemented across the organisation.

Guidance and Support:

Provide guidance and support to business units on compliance-related issues.

Assist in developing strategies to address compliance risks and mitigate potential issues.

Compliance Monitoring Program:

Design, implement, and manage an effective Compliance Monitoring Program, including risk assessments, policy development, training, monitoring, and reporting.

Conduct regular compliance audits and assessments to identify potential areas of vulnerability and implement corrective actions.

Risk Management:

Identify and assess compliance risks and collaborate with business units to develop risk mitigation strategies.

Maintain a comprehensive understanding of the company’s risk profile and ensure compliance measures are in place to address identified risks.

Leadership and Guidance:

Provide leadership and guidance to the compliance team, fostering a culture of compliance and ethical behavior across the organisation.

Collaborate with other departments to ensure a cohesive approach to compliance and risk management.

Requirements:

• In-depth knowledge of the financial services sector and relevant regulations, such as the FCA and other applicable regulatory bodies.
• A qualification in relevant compliance training such as ICA, or CORMS is a benefit.
• Experience with using FCA reg data and Connect online is preferred.
• Minimum of 5 years of experience in compliance, risk management, or a related field within the financial services sector is preferred.
• Excellent communication and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels.
• High ethical standards, integrity, and the ability to handle sensitive information confidentially.