Due to growth, we have an exciting opportunity for a Head of Compliance Assurance to lead and direct the  development and execution of the annual risk based Compliance Assurance Plan. You will have the opportunity to make your mark in a brand new role, leading the second line of defence Compliance Assurance team.

The role has the flexibility to be based from Wolverhampton or Chatham and will require occasional travel to the Group’s other office locations.

The OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market.

Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.

Alongside passion for our products and customers, we're passionate about our people and want to continue building a collaborative and engaging environment.  Being dedicated to Diversity, Equity and Inclusion, we encourage differences and recognise that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work.  This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme. 

You will be required to lead, manage and direct a professional and effective Compliance Assurance Team ensuring risk-based assurance reviews are undertaken in accordance with the annual Group Compliance Assurance Plan.

You will be required to manage the maintenance of the Compliance Assurance planning process including the Assurance universe and annual Compliance Risk Assessment.

This position requires a forward-thinking approach, to be accountable for the quality of the Compliance Assurance work (including record keeping) produced, ensuring that all work is carried out to the level of competence required by the Regulators and is in line with Internal Audit standards. Always ensuring reports are impactful, balanced and address the root cause of issues

Your responsibilities will also include…

• Preparing timely and comprehensive Compliance Assurance reports to (but not limited to) the various Boards, Group Audit Committee, Group Risk Management Committee and Group Conduct Risk Management Committee and other stakeholders.
• Overseeing follow-up work ensuring management progress Compliance Assurance actions through to closure.
• Providing guidance to the business, including on occasions being responsible for the successful outcome of specialist compliance projects.
• Ensuring effective oversight of the Group’s third party service providers.
• Supporting the Group Head of Compliance and Conduct with co-ordinating FCA thematic reviews and requests for information, as required.
• Line manage and coach all direct reports, including all aspects of performance management, development, conduct, sickness management, appraisals, employee administration and recruitment.

We offer a base salary dependent on experience of between £80,000 - £90,000 and a competitive benefits package including:

• Discretionary annual bonus opportunity of up to 25%
• 30 days annual leave plus bank holidays
• Contributory pension (8% employer 5% employee)
• Life Assurance (4x salary) plus Group Income Protection
• Access to Private Medical Insurance and Medical Cash Plan
• Maternity & Adoption Leave – Occupational Maternity/Adoption Pay provided at 100% of salary for the first 13 weeks and at 50% of salary for the next 13 week period.
• Paternity Leave – 4 weeks of paid leave to be taken within 8 weeks of childbirth.
• Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme. 

We are looking for talented individuals who have the experience and knowledge set out below:

• Previous experience working in a Compliance, Conduct Risk or Internal Audit function is essential.
• Understanding of risk frameworks and their application is essential.
• Skills in respect of communicating and influencing at all levels of the organisation is essential.

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

If this sounds like you, please apply now! For internal applications please visit the internal careers page to apply.

Alternatively, if you wish to have an informal and confidential chat please get in touch. Contact details can be found on our careers page.

If shortlisted from your initial application we operate a personalised recruitment process. Interviews are a two way street, we aim for them to be relevant and conversational to get the best out of you!

OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally.  We embrace equal opportunities and are opposed to discrimination on any grounds.

As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress. 

Whilst we are an organisation that values face-to-face interaction to build and nourish our culture, we also acknowledge that people are not just productive in an office and tied to the 9 to 5.  Flexible-working opportunities are important for establishing a healthy work-life balance so if you see a role of interest we are happy to be asked about flexibility and explore together if we can make it work.

All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.