Compliance Executive

Job Purpose

In June 2017 Admiral launched a consumer credit loans business offering unsecured loans and car finance through Hire Purchase and Personal Contract Purchase to consumers. This role will support the compliance function providing second line assurance across the loans business.

Main Duties

• To identify, communicate and advise on changes in FCA and other associated regulatory and legislative requirements, so that the business meets regulatory and associated industry standards.
• To contribute to the development of departmental procedures and compliance controls through regular reviews and updates including approval of relevant procedures, to ensure standards are in accordance with regulations and associated legislation.

• Provide advice, guidance, direction and interpretation to the business
• Provide review and approval of financial promotions for the loans business, ensuring compliance with Consumer Credit regulations and CONC.
• Handle any Compliance queries that are generated by the organisation in a timely and accurate fashion.

• To provide compliance input into Group developments, including product launches, distribution and systems developments, to pre-empt any changes to regulations and legislation to enable the business to react quickly and effectively.
• Where directed review requirements of the FCA handbook, news articles and relevant CP and PS’s summarising them/preparing a relevant report or bringing them to the attention of the Head of Compliance as necessary.
• Contribute to delivery of the Annual Compliance Monitoring Plan
• Continually improve Compliance Review systems and processes
• Reporting to management on levels of Compliance Assurance and/or any issues arising from specific monitoring activity

Skills and Experience

• Experience in a Compliance role, ideally involving performing Monitoring reviews
• Sound knowledge of FCA & CCA regulation, including financial promotion approval
• Preferably experience within car finance market  
• Customer focused with strong communication skills
• Strong analytical skills
• Objective, timely and confident decision-making skills
• Able to identify poor customer outcomes and make appropriate recommendations to drive change
• Can manage and prioritise your own workload

About Admiral Financial Services (AFSL)

Admiral Financial Services (AFSL) is the young, energetic lending arm of Admiral Group. Based in Ty Admiral, we have the freedom to innovate like a small start-up with the fortunate support of Admiral Group.  

The journey started for us when we launched unsecured personal loans in June 2017. We went on to be the first direct to consumer car finance provider in December 2017 and since then, we have gone from strength to strength!

Our vision is simple, we’re creating a special lending business for our customers whilst also ensuring AFSL is a fantastic place to work. 

As a business, it’s important that our staff must be transparent, creative, curious and challenge with care, all whilst being actively involved in our culture.

Our success goes hand-in-hand with having a strong culture where we put our people and customers first. Our philosophy is simple yet effective: people who like what they do, do it better, and this in turn, means that our customers receive the level of service and products that they deserve. Our culture is honest, open and wholeheartedly focused on four key areas: Communication, Equality, Reward & Recognition, and Fun.

Salary, Benefits and Work-Life Balance

We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.

At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we're voted no. 1 in the 2019 Sunday Times Best Big Companies to Work For in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.

If you would like to be considered for this opportunity, please complete an online application form. Please note, we are unable to accept CVs via email.

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