We are recruiting for Cirencester Friendly Society
We’re looking for a Risk & Compliance Officer to join our team on a Level 6 Degree Apprenticeship. You’ll play an important part in our ‘second line of defence’ – supporting the Society in managing risk effectively and ensuring we meet all legal and regulatory requirements.
This is a fantastic opportunity for someone with existing experience in risk, compliance, or a related area, who’s ready to take the next step and work towards a recognised professional qualification while continuing to build their career.
Your responsibilities will include:
- Monitoring: Performance of 2nd Line Monitoring, completing assigned reviews in a timely manner and following up agreed management actions to completion.
- Risk Events: Supporting the team in the provision of 2nd line ‘support and challenge’ on all incidents reported by the business, ensuring (i) the root cause of the incident has been identified and the business is offered guidance and support in reducing the risk of recurrence; (ii) evaluation of whether a regulatory breach has occurred; and (iii) generation of MI In relation to reported and resolved incidents and breaches.
- Advisory: supporting the team on the provision of advice in response to queries from the 1st line, ensuring that enquiries are dealt with or escalated, as appropriate, in a timely, professional, and appropriate manner.
- Regulatory Reporting: Support the team with completion of the scheduled regulatory returns.
- Policy Framework: Supporting on the maintenance of the 2nd line risk and compliance policies and procedures and providing support and challenge to the 1st line on the development of their policies and procedures as required.
Essential Skills Required:
- Ability to communicate effectively with staff at all levels of the Society
- Attention to detail and accuracy while remaining calm under pressure
- Well-developed oral and written communication skills
- Methodical and well organised
- Experience of working successfully within a team
- Comfortable analysing complex data
- Ability to apply judgement to difficult or sensitive situations.
You will complete the Level 6 Senior Compliance and Risk specialist Apprenticeship Standard.
In order to complete this apprenticeship, you will require at least one of the following:
- ICA International Advanced Certificate; or,
- degree or professional qualification in an appropriate discipline; or
- three years relevant work experience.
- This apprenticeship is designed for experienced professionals working in compliance or risk roles who want to take on more responsibility, develop specialist knowledge, and influence senior decision-makers.
- Fixed Term Apprenticeship contract covering an estimated duration of 36 months on programme learning and 5 months End Point Assessment.
- Must achieve one of the following recognized qualifications as part of the apprenticeship:
o IRM International Certificate or Diploma in Risk Management.
o ICA Diploma in Governance, Risk & Compliance, Financial Crime, AML or Sanctions Risk.
At Cirencester Friendly Society, we don't just offer a job, we offer a career path. We understand the potential in every individual, and we are committed to nurturing that potential. For the right candidate, upon successful completion of your apprenticeship, there will be an opportunity for a full-time position within our company.
As your skills and experience grow, so do your career opportunities.
We're looking forward to supporting someone at the start of their career.
Job Types: Full-time, Fixed term contract, Apprenticeship
Pay: Up to £40,000.00 per year
Benefits:
- Company pension
- Free parking
- Health & wellbeing programme
- On-site parking
- Paid volunteer time
Application question(s):
- How do you plan to travel to and from work each day?
- How long will your commute time be?
- Why do you feel that you are a good candidate for this role?
- What are your hobbies and interests?
Education:
- GCSE or equivalent (required)
Work Location: In person
