Senior Regulatory Compliance Officer & Head of Monitoring & Testing

What you’ll be doing

Regulatory Compliance Oversight

• Provide independent 2LoD oversight and challenge across regulatory compliance, financial crime, operational resilience, safeguarding, conduct, and consumer protection controls.
• Monitor compliance with FCA rules, regulatory guidance, and supervisory expectations.
• Support the UK Head of Compliance in maintaining and enhancing an effective regulatory compliance framework.
• Act as a trusted advisor to business stakeholders on regulatory compliance matters.
• Provide constructive challenge and independent judgement on regulatory risks and business initiatives.

Head of Monitoring & Testing

• Lead and manage the Compliance Monitoring Programme (CMP).
• Design and execute a risk‑based monitoring and testing plan covering regulatory compliance and financial crime controls for the entities within Altery Group.
• Develop and maintain monitoring methodologies, testing techniques, working sheets and reporting frameworks.
• Assess the design and operating effectiveness of key controls. Identify control weaknesses, document findings, and oversee remediation activities through to completion.
• Produce clear and insightful monitoring reports for senior management and governance committees.
• Independently validate remediation actions and closure evidence to ensure issues have been effectively addressed and embedded.
• Maintain oversight of monitoring findings, action plans, overdue issues, and recurring themes.
• Ensure monitoring activities remain proportionate, risk‑based, evidence‑driven, and aligned with regulatory expectations and industry good practice.

Governance & Reporting

• Support internal audits, regulatory reviews, and assurance activities.
• Challenge remediation plans and validate corrective actions.
• Contribute to governance reporting and committee materials.
• Escalate significant regulatory risks, issues, and control weaknesses where appropriate.

Compliance as a Service

• Act as the operational lead for CMP support provided to other Group entities.
• Serve as a key contributor to the Group Compliance Centre of Excellence, promoting best practices, consistency, and continuous improvement across compliance monitoring and assurance activities.
• Coordinate monitoring and regulatory horizon scanning activities delivered across the Group.
• Ensure services are delivered consistently, proportionately and in line with agreed governance standards.

Regulatory Compliance Expertise

• Significant experience in a regulatory compliance, compliance assurance, compliance monitoring, or compliance oversight role within financial services, fintech, payments, banking, or e‑money institutions.
• Strong knowledge of FCA rules, guidance, and supervisory expectations.
• Experience operating within a Second Line of Defence environment.
• Strong understanding of governance, systems and controls, and regulatory assurance frameworks.

Monitoring & Testing Experience

• Proven experience designing, managing, and executing compliance monitoring and testing programmes.
• Strong understanding of control design, effectiveness assessments, and remediation processes.
• Experience conducting thematic reviews, root cause analysis, and control effectiveness assessments.
• Experience identifying trends, root causes, and emerging regulatory trends.
• Ability to translate complex regulatory requirements into practical testing and assurance activities.

Regulatory Knowledge

• Strong understanding of key UK regulatory areas, including FCA Principles for Businesses, Consumer Duty, Financial Crime (AML, CTF, Sanctions and Fraud), Safeguarding, Operational Resilience, Outsourcing and Third‑Party Risk Management, Conduct Risk, Financial Promotions, Complaints Handling, Regulatory Reporting, and Data Protection and Information Governance. Ability to apply this knowledge in assessing regulatory risks, control effectiveness, and compliance with FCA expectations.

Communication & Stakeholder Management

• Strong written and verbal communication skills.
• Ability to influence, challenge, and engage stakeholders at all levels.
• Experience presenting findings and recommendations to senior management and governance committees.
• Strong analytical and investigative skills.
• High levels of integrity, professional judgement, and independence.
• Ability to operate effectively within a fast‑paced and evolving regulatory environment.

Professional Qualifications

• ICA, ACAMS, IRM, or equivalent professional qualifications are desirable.

#J-18808-Ljbffr…