Senior Regulatory Compliance Officer – Head of Monitoring – Testing

Overview

• Provide independent 2
  
  LoD 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.
• 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.

• 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.
• 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.
• Ability to translate complex regulatory requirements into practical testing and assurance activities.
• 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.
• Professional Qualifications ICA, ACAMS, IRM, or equivalent professional qualifications are desirable.