Unify Credit Union is a community savings and loan co-operative providing financial services to 10,000 members across Chorley, Skelmersdale and the boroughs of Wigan, South Ribble and Warrington. Unify Credit Union is authorised and regulated by both the Financial Conduct Authority and the Prudential Regulatory Authority.
We are looking for an exceptional individual to support the Management team and ensure continued compliance within the regulatory and financial regime.
- To act as first point of contact with the regulators
- Design and deliver credit union regulatory and legal policies by effectively interpreting regulatory frameworks and communicating them successfully to the credit union team
- Work with the senior team to ensure that policies you have designed are appropriately interpreted within business processes
- Design and carry out business review activities to ensure that adequate quality assurance procedures are in place which demonstrate adherence to policy
- To work in partnership with the Supervisory Committee to create and carry out regular audits/quality assurance checks and manage the implementation of any necessary improvements
- Manage and take accountability for the credit union risk log ensuring that risks are appropriately logged, mitigating action considered and risks reviewed regularly
- To identify, record and make suggestion on how to manage the credit union’s risks
- Coach and mentor colleagues to ensure understanding and effective application of compliance processes and procedures
- Contribute to the credit unions strategic direction and financial planning
- Ensure the security, control and regulation of the loan portfolio in accordance with the regulatory requirements
- Work with the management team to deliver an annual regulatory learning plan to staff and volunteers. This may include regular communications, briefing sessions, training events etc.
- As expert advisory, provide guidance to the team on complex and/or sensitive data
- To create and drive a regulatory education plan for credit union employees so they understand their responsibilities and are able to raise risks and concerns appropriately should they identify them
- Manage ad hoc projects with an emphasis on compliance
- Understand and apply regulations relevant to the business operations such as data protection, Health & Safety and information security
- Produce accurate, timely management reporting
- Keep up to date with latest innovations relating to compliance and the Credit Union movement
- Understand and deliver your duties in line with the individual conduct rules required of those working within financial services
- Maintain and develop own skills , knowledge and behaviours as well as keep up to date with regulatory standards and changes
- To assist with and provide support to other projects and activities as and when required.
This job description in no way implies that these are the only duties to be performed. An employee will be required to follow any other job-related duties as requested by the CEO/COO
The ideal candidate will have:-
- Prior experience in a control function such as compliance or audit
- Experience in dealing with compliance within the financial service sector
- An ability to read and understand complex regulatory information and provide practical guidance to the credit union
- Strong organisational skills
We offer you more than the opportunity to work. We offer you the chance to help in supporting the local community to become more financially resilient.
Closing date for applications is 30th November 2021 with interview planned for week commencing 13th December 2021.
To apply for this post please send your up to date CV.
Closing date for applications is 30th November 2021 with interviews planned for week commencing 13th December 2021
The client requests no contact from agencies or media sales.