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Compliance Officer - SME (2nd Line)
Title: Compliance Officer - SME (2nd Line)
Category: Accounting & Finance
Job type: Permanent
Job status: Full Time
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Starling is on a mission to build the best business bank in the world serving the needs of the small and medium-sized enterprises (SMEs) who are the lifeblood of the economy.

From small entrepreneurs with big ambitions to fanatical freelancers going it alone, SMEs just want one thing: to get on with the business of running their business. That’s why Starling built its SME bank accounts to be free, uncomplicated and quick to set up. We really understand the needs of SMEs - after all, it’s not that long since we started out to build our state-of-the art digital banking platform from scratch. Now, we are an established player, supporting more than 500,000 customers, including more than 30,000 SME accounts.

We’ve recently been awarded £100m from a fund created to boost competition and innovation in SME banking. We’d like to invite you to join our fast-growing, highly-skilled, caring and passionate team as we embark on the next stage of our incredible journey to drive even more long-term and meaningful change in banking

We have the culture and spirit of a fast-moving, disruptive technology company and are focused on providing our customers with the best banking app and money management experience around. Everyone at Starling gets the chance to own interesting things from day one, and we’re told one of the best things about working here is the ability to achieve a lot in a short space of time.

To support our ongoing growth we’re looking to recruit a Compliance Officer - Business Banking. You will support and will report directly into the Head of Compliance / Money Laundering Reporting Officer but will also have significant exposure across the bank and with board level committees and the CRO.

The role represents a fantastic opportunity to join a new and vibrant institution and to shape the bank’s infrastructure for delivering SME Business Banking and complying with its regulatory requirements, combating financial crime and managing conduct risk.

Supporting the development, launch and ongoing 2nd line oversight of the Starling SME Banking proposition Execute the Compliance Monitoring Programme (CMP) per the agreed schedule, Prepare regular reports to management and the board on the status of SME Banking compliance, financial crime and conduct risks, including key risk indicators and key control indicators. Provide the business with advice and guidance on all relevant regulatory obligations and requirements Work with the Head of Compliance, second line colleagues and business to ensure that the firm establishes and maintains appropriate policies, procedures, systems and controls Monitor relevant aspects of the business to identify actual or potential weaknesses of internal controls and advising on remedial action that may be taken by line management. Undertake themed work to assess the firm's regulatory exposure and make recommendations to the business to enable it to ensure compliance. Investigating regulatory breaches / near misses in conjunction with Operational Risk as necessary Provide support to the Head of Compliance and line management in its liaison with regulators, auditors (internal & external) Provide SME Compliance and Conduct education, awareness and training to the business as required. Develop and strengthen relationships to promote best practice and ensure a good understanding of Regulatory / SME Banking requirements and expectations. Liaising with regulators to resolve issues. Requirements

The successful candidate will have some or all of the following:

Broad range of UK prudential, conduct and SME Banking experience ideally within another UK Financial Institution. Thorough understanding of financial crime SME Banking legislation, rules, regulations and codes (UK, EU). Confident communicator at all levels Personable, approachable with strong management skills Experience of liaising with Regulators Excellent interpersonal skills particularly handling difficult situations The ability to challenge often, in a positive manner Extensive experience and therefore understanding of regulations with the ability to interpret in a commercial context First class decision making, planning and prioritising skills A proven problem solver who is committed to continuous improvement Fluency to speak and write in English are a prerequisite for the role, and we are looking for someone who has experience of providing SME Compliance / 2nd line support.


25 days holiday (plus your birthday off) Perkbox membership Contributory pension scheme All the coffee you can drink!
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