Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

Do you have strong compliance advisory experience in regulated lending? Do you have a strong and proven working knowledge of FCA regulation with particular emphasis on MCOB, CONC, Consumer Duty + PRA BTL lending regulation and experience of providing advice on these regulations to a regulated firm?

Description of role and key responsibilities:

The post-holder is the principal compliance adviser to the lending business in the Private Client segment. The role is within a team comprising colleagues with specialisms in other areas of the Bank's products and services (e.g. deposit accounts and payments) and regulatory principles (e.g. approach to vulnerability).

The post-holder will (working together with colleagues from the Retail Compliance team as necessary):

• Provide accurate, timely and practical regulatory compliance advice to the Private Client business on lending (regulated, unregulated and consumer credit)
• Ensure issues of potential regulatory risk (including potential regulatory breaches) are identified and managed (and/or escalated as required) promptly and appropriately, having regard to the need to treat clients fairly, help clients to achieve good outcomes, acting when clients achieve poor outcomes and manage IBP's Retail regulatory and conduct risks
• Represent Retail Compliance at governance forums when requested to do so (e.g. the Private Client Risk & Conduct Forum) and participate in the business' regular risk assessments from a 2^nd line ‘check and challenge' perspective
• Support the business with the development of appropriate forms of remedial action to address any identified issues
• Assess regulatory developments to understand the impact on the business and disseminate practical summaries to the business directing them in relation to any action they may need to take
• Assist in the development of internal policies and procedures in the Private Client business from a 2^nd line ‘check and challenge' perspective and help the Head of Retail Compliance to maintain the policies and procedures owned by the Retail Compliance team
• Review and approve relevant regulated training material for the Private Client business
• Represent the Bank at relevant industry meetings and groups (e.g. UK Finance)

What are we looking for in you?

• A number of years' compliance advisory experience in regulated lending
• Strong and proven working knowledge of FCA regulation with particular emphasis on MCOB, CONC, Consumer Duty + PRA BTL lending regulation and experience of providing advice on these regulations to a regulated firm
• Sound knowledge of retail lending products for consumers, with experience working with lending to private banking clients welcomed
• Ability to think clearly and apply technical regulatory knowledge to commercial demands of business
• Adept at tracking changes in the market, products, legislation and regulation relevant to the business areas and communicating them out in a digestible manner
• Ability to read and interpret relevant changes in legislation with reference to Private Client's lending activities
• Ability to effectively help co-ordinate the introduction of operational and regulatory changes to the business via advisory activities always from a 2^nd line perspective

Personal attributes:

• Maintains high levels of integrity and embraces the philosophy of treating our clients fairly and ensuring good client outcomes
• Excellent verbal and written communication skills in communicating with a wide audience - a clear, reasoned approach needs to be exhibited
• Highly motivated with emphasis on attention to detail
• Strong organisational and analytical skills
• Problem solving mentality
• A practical approach and the ability to make clear and concise decisions

If this role excites you, click apply today and the team will be in touch shortly! 

As part of our collaborative & agile culture, our working week is 4 days in the office and one day remote.

Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.

Here is a selection of what we offer;

Wellbeing

Wellbeing Subsidy, Corporate Gym Membership, Virtual GP, Peppy Health App (Fertility, Menopause and Early Parenthood), Optional Private Medical & Dental Insurance

Monetary

Non-contributory Pension & Discretionary Bonus

Life & Income Protection

Life Assurance, Critical Illness & Income Protection

Travel

Season Ticket Loan & Electric Vehicle Scheme 

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same – if the role excites you, please don't let our person specification hold you back. Get in touch!

Recite Me

We commit to ensure that everyone is fairly assessed during our recruitment process. To assist candidates in completing their application form, Recite Me assistive technology is available on our Careers pages. This can be accessed by clicking on the ‘Accessibility Options' link at the top of the page.

The Recite Me tool includes a screen reader, styling and customisation options, a series of reading aids, a translator and more.

If you have any form of disability or neurodivergent need and require further assistance in completing your application, please contact the Careers team at [email protected] who will be happy to assist.