The Opportunity

We are seeking a Risk and Compliance Manager to work on a part time basis (3-4 days per week) reporting to our COO with responsibility for ensuring an effective Risk and Compliance Function where the firm complies with all necessary regulatory obligations.

The main duties and responsibilities of the position include, but are not limited to, the following:

• Take responsibility for all compliance-related activity, ensuring Social Finance is fully compliant with the prevailing regulatory framework.

• Maintain Social Finance’s risk log, ensuring top risks are captured and effective mitigating actions are in place. Regularly review and report to the Social Finance Board on these.

• Liaise with the FCA to ensure that all regulatory reports or enquiries are handled appropriately and promptly.

• Implement FCA rule changes, so far as they affect the Firm.

• Undertake the Firm’s Compliance Monitoring Programme (CMP), recording the results and ensuring the remediation steps for any issues identified are satisfactorily completed.

• Maintain the Compliance Policies, Procedures and Compliance Manual.

• Ensure that client onboarding procedures including KYC and Due Diligence are properly carried out.

• Ensure that Social Finance’s financial promotions comply with the FCA rules and that the procedures are properly implemented.

• Ensure that the Senior Managers are kept fully informed of all regulatory matters and that any developments or changes are included within our compliance and regulatory framework and incorporated into the way we work.

• Prepare quarterly compliance reports and returns for the Board as required.

• Work with the Finance team to ensure periodic financial returns and reports to FCA are submitted within the prescribed deadlines.

• Ensure General Data Protection Regulation (GDPR) requirements are met across Social Finance.

• Deal with customer complaints, in accordance with FCA’s Dispute Resolution Manual (DISP) requirements, including performing Social Finance’s Complaints Management Function.

• Maintain the compliance registers including Breaches Register, the Complaints Register, the Financial Promotions Register, the Gifts and Entertainment Register, the Conflicts of Interest Register as well as SM&CR records and Training and Competence records.

• Implement recommendations of auditors and external consultants.

• Ensure that Social Finance’s training and competence procedures are appropriate and sufficient to meet its regulatory requirements and that they are properly implemented. 

About You

You will have considerable experience working within a regulated business environment. We expect that you will bring a range of the following values, skills and experience:

• Knowledge: Excellent working knowledge of the regulatory environment and FCA requirements for regulated firms is essential. Knowledge of GDPR requirements and implementation is essential.

• Experience: Ideally you will have previously held CF10 and CF11 approved functions or equivalent experience of compliance monitoring, risk management and controlled function roles. Experience   of working across different international jurisdictions desirable. Experience of working with in-house or external legal advisors is desirable.

• Self-Starter: You will have the ability to manage and prioritise your own workload with excellent time management, scheduling and organisational skills.

• Rigour: You will have a practical and solutions-focused attitude, and able to bring rigour which is fit for purpose in a unique not-for-profit organisation.

• Communication: Excellent written and verbal interpersonal and communication skills, with the ability and confidence to talk to employees at all levels within the organisation.

• IT Skills: You will have a high level of Microsoft Office experience with an in-depth knowledge of standard office administrative practices and procedures. 

Our Commitment to You

Social Finance offers a range of training and development support, using both in-house expertise and external partners to develop and deliver our training programmes. Alongside the Project Managers you work with day to day, your Line Manager will support you in your career planning and personal development. All new staff have a buddy in place to help them learn about life at Social Finance.

The fixed salary for this position is £65,000 per annum (pro-rated for part-time working). We offer a generous holiday allowance plus bank holidays and corporate leave between Christmas and New Year when the office is closed. We also offer a contributory stakeholder pension scheme, plus an uplift in salary allowance to spend on other benefits, season ticket loans, bike to work schemes and Give as you Earn via salary sacrifice.

Encouraging community and wellbeing is important to us. We have a health and wellbeing plan to encourage better working practices for individuals. Social Finance is a disability confident committed employer as well as a founding signature of the UK social investment sector’s Diversity Forum manifesto.

Diversity and Inclusion

We need a diverse organisation to be effective. Our work requires us to bring together people with a broad range of skills and life experiences to ensure our impact across a range of social issues and systems. We are committed to having an inclusive culture and working environment in which everyone feels at home and is supported to achieve their potential. We know there is further to go and are implementing a Diversity and Inclusion strategy with a group of external experts to hold us to account. 

We actively encourage applications from under-represented and minoritised groups, including those with lived experience of the social issues we are working to address. We are an equal opportunities employer.

We support a range of flexible working options and UK based welcome applications from outside of London/the South East. We can also accommodate secondments and part-time working.

How to Apply

Social Finance are using Applied, a new application platform developed by the Behavioural Insights Team, to record your application. Applied is focused on using behavioural and data science to improve hiring decisions and minimise unconscious bias in the recruitment process. You will be asked to respond to four situational based questions which will allow you to express your ability.

Your answer to each question will be viewed in isolation. Please therefore ensure there is enough detail in that single response, without any references to your other responses.

NB: Whilst we are asking for your CV, please note that we will not be viewing your CV during the initial sift process. The selection panel will not have access to your CV, so it is therefore essential that you respond to each question fully.

To begin your application, please click here.

Should you require any reasonable adjustments to allow you to attend an interview, please highlight this when you are invited.

Closing date for applications:         1pm - Tuesday 27 April 2021