Compliance Manager

Since our launch in 2015, we’ve lent over £10bn to ambitious entrepreneurs up and down the UK. That’s led to the creation of over 40,000 new jobs and over 29,000 new homes – and we’re not about to stop there. We’re dedicated to helping trailblazing businesses thrive and this role will play a pivotal part in driving our growth.

This is a fantastic opportunity to join a fast-paced, growing bank with a reputation for doing things differently. We don’t want another cog in the machine, we’re looking for self-starters and bold thinkers who want to pave their own career paths and are passionate about supporting the UK’s best and brightest business people.

Responsibilities

• Provide timely and proportionate advice to stakeholders around the Bank
• Conduct horizon scanning, helping to keep the Bank abreast of all key upcoming regulatory change
• Review and updating policies, ensuring they’re digestible and understandable
• Producing and delivering training, awareness and compliance communications
• Update, maintain, and review Compliance Registers including managing the Bank’s conflicts framework, the framework around personal account dealing and market abuse, breach management
• Researching the impact of new initiatives and providing SME guidance to business areas
• Advising and nurturing more junior members of the team

Requirements

• Banking compliance experience is ideal, particularly if more than two years. Experience within a similar product set to us is also preferred (deposits, current accounts and commercial lending)
• Solid knowledge of FCA/PRA Handbooks and the UK regulatory framework as a whole
• US regulatory knowledge is a welcome optional extra
• An engaged mind – demonstrates a real keenness to apply themselves. Is present at work and throws everything they can at the role
• Grasps the opportunity – doesn’t rest on their laurels but takes the chance to acquire new skills and put those into practice
• ‘Sponges’ knowledge – has a strong appetite to learn and develop, is inquisitive and interested
• Relationship champion – can work with all levels of people, can influence and be engaging
• Puts in the effort – respects the organisation and the team by being super diligent at all times

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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