The Compliance Team (Policy) supports OSB Group in delivering practical and clear guidance to the business on how to effectively meet new and existing conduct regulatory requirement across 3 key pillars; Regulatory Compliance (including SM&CR), Policy and Horizon Scanning. The SM&CR Compliance Manager is a brand new role. You will join a small team, reporting into the Senior Compliance Manager to proactively help the business to ensure that it implements effective systems and controls (in relation to regulatory requirements) and to escalate any material issues identified.   

This role is based in Chatham with potential occasional travel to the Wolverhampton office.

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. 

As SM&CR Compliance Manager you will be a subject matter expert in regulatory compliance, and in particular, the Senior Managers Certification Regime, providing the business with support, information, and advice in relation to interpretation of regulatory and conduct rules/guidelines and other associated regulatory themes.  

Your responsibilities will also include:

• Manage, review and provide advice on business owned policies and procedures, ensuring alignment to regulatory requirements and they are consistent across the Group.
• Write, review, and communicate Compliance owned policies and procedures, ensuring they remain up to date, and regulatory and conduct requirements are articulated clearly.
• Lead on ensuring that all relevant regulatory compliance (including SM&CR) policies and procedures are reviewed in line with scheduled review dates/Compliance Annual Plan and manage the BAU activities in relation to these.
• Manage and monitor updates, create business briefings, and undertake impact assessments for required regulatory changes whilst providing additional commentary/insight on areas of interest for the business
• Manage and complete the submission of the Group’s regulatory reporting for close links, controllers, regulated entities and conduct breaches.
• Manage SMCR applications and use FCA Connect system for managing key changes in a timely manner

We offer a base salary from £50,000 - £60,000 dependent on experience and a competitive benefits package including:

• 28 days annual leave plus bank holidays
• Bonus up to 15%
• 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 26 weeks.
• Paternity/Parental Leave – 8 weeks of paid leave to be taken within 12 months of birth or adoption.
• 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:

• Proven track record working as SM&CR subject matter expert within a conduct and regulatory compliance advice role.
• Experience of undertaking policy reviews and undertaking BAU tasks relating to regulatory compliance and in particular, the SM&CR.
• Robust knowledge and understanding of the regulatory environment and SM&CR within the financial services industry.
• Strong stakeholder engagement and communication skills with the ability to present and articulate complex information in an easily understandable and jargon free way.
• Demonstrable experience of problem solving and organisation skills in order to prioritise conflicting priorities
• Ability to work independently and manage complex problems from start to finish, ensuring effective resolution of any challenges and robust documentation throughout.

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.