OakNorth - Manager - Compliance Monitoring

Focus of the role :

OakNorth Bank is recruiting for a well-rounded compliance professional with a strong background to assist in the execution of the ongoing compliance monitoring plan ("CMP"). This is an important role, supporting two UK-based compliance monitoring staff with room to grow, develop and learn as well as leading on your own work programme.

What you will do:

- Deliver second line assurance reviews that form part of the CMP through methodical planning, robust testing, engaging stakeholder management and quality reporting writing.

- Add value with recommendations and actions - ensure that the outcomes of the reports are pushing us forward.

- Engage with stakeholders in a way which elicits partnership.

- Support the UK team on their reviews and with other ad-hoc tasks within the monitoring function.

- Track remediation actions to completion following up with those accountable for implementing remedial activities to ensure that appropriate corrective actions or risk mitigation strategies are implemented fully within the required timeframes.

What you will be/have :

- Expertise in compliance monitoring

- Strong understanding of the three lines of defence model

- Strong knowledge of FCA/PRA Handbooks and the UK regulatory framework as a whole, particularly how they pertain to our status as a dual-regulated bank and our specific product offerings.

- Dynamic attitude, constantly looking to add value and push OakNorth forward

- Willing to work outside core remit to the benefit of the Bank, your function and yourself

- Very strong report writing and organizational skills

- Great communicator and ability to influence stakeholders, particularly on why your report recommendations 'matter'

- Can work in a flexible and scaling work environment

About Us :

- We're OakNorth Bank and we embolden entrepreneurs to realise their ambitions, understand their markets, and apply data intelligence to everyday decisions to scale successfully at pace.

- Banking should be barrier-free. It's a belief at our very core, inspired by our entrepreneurial spirit, driven by the unmet financial needs of millions, and delivered by our data-driven tools.

- And for those who love helping businesses thrive? Our savings accounts help diversify the high street and create new jobs, all while earning savers some of the highest interest on the market.

- But we go beyond finance, to empower our people, encourage professional growth and create an environment where everyone can thrive. We strive to create an inclusive and diverse workplace where people can be themselves and succeed.

Our story :

- OakNorth Bank was built on the foundations of frustrations with old-school banking. In 2005, when our founders tried to get capital for their data analytics company, the computer said 'no'. Unfortunately, all major banks in the UK were using the same computer - and it was broken.

- Why was it so difficult for a profitable business with impressive cashflow, retained clients, and clear commercial success to get a loan?

- The industry was backward-looking and too focused on historic financials, rather than future potential.

- So, what if there was a bank, founded by entrepreneurs, for entrepreneurs? One that offered a dramatically better borrowing experience for businesses?

- No more what ifs, OakNorth Bank exists.

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