Senior Compliance Officer - Maternity Cover (12M FTC)

As a Senior Compliance Officer at Capital on Tap, you will be responsible for a range of compliance functions including aiding in regulatory audits, maintaining up-to-date knowledge of regulatory changes, preparing and submitting compliance reports, and providing guidance to ensure regulatory obligations are met effectively. Your role is pivotal in creating strong stakeholder partnerships that help maintain compliance while facilitating business growth.

To qualify for the Senior Compliance Officer position at Capital on Tap, candidates should have experience working in an FCA regulated environment and a solid understanding of UK financial regulations, including FSMA and the FCA Handbook. Relevant compliance certifications and experience in B2B lending or payment services are highly desirable. A keen interest in continuous professional development in compliance is welcomed.

The Compliance Team at Capital on Tap plays a crucial role in supporting business growth by ensuring robust compliance practices that don't hinder progress. By maintaining an agile approach and building strong relationships with stakeholders, the team provides practical regulatory guidance that allows the business to thrive while adhering to necessary compliance standards.

The work culture at Capital on Tap is dynamic and empowering, where innovation is at the forefront. Senior Compliance Officers will find themselves in a collaborative environment that encourages problem-solving and ownership of projects. With our hybrid working model, you can enjoy the flexibility of working within our vibrant Shoreditch office while also having the ability to work remotely part of the week.

Capital on Tap prioritizes personal and professional growth for its employees. As a Senior Compliance Officer, you’ll benefit from an annual learning and wellbeing budget, along with encouragement to pursue relevant compliance certifications. The company values continuous education and development, ensuring that you have the resources necessary to enhance your skills.

When answering this question, align your response with Capital on Tap's mission. Discuss your passion for enabling small businesses to succeed and how your compliance expertise can contribute to a robust regulatory framework that supports growth within the fintech space.

For this question, emphasize your commitment to continuous learning. Mention specific resources like regulatory bodies, industry newsletters, and professional development courses. Highlight any relevant networks or communities that you are part of to demonstrate your proactive approach.

In your response, provide specific examples of compliance audits you’ve conducted or participated in, detailing your role and the outcomes. Discuss how your contributions ensured effective monitoring and internal controls, and how you dealt with any findings or issues raised during audits.

Show your knowledge of the FCA as the regulatory body that supervises financial services firms in the UK. Discuss its key objectives, such as promoting competition, protecting consumers, and maintaining market integrity. Relate your understanding to the impact these regulations have on businesses like Capital on Tap.

In your answer, emphasize the importance of open communication and collaboration. Describe how you would approach the colleague respectfully to discuss the matter, while ensuring that the focus remains on maintaining compliance and the potential implications of breaches.

Explain your method for translating complex regulatory information into understandable terms for non-experts. Discuss using visual aids, training sessions, and regular updates as part of a broader strategy to foster a culture of compliance within the organization.

Share qualities such as strong analytical skills, attention to detail, excellent communication skills, and a proactive approach to identifying potential compliance issues. Mention the importance of integrity and resilience in working within a regulatory framework.

Use this opportunity to narrate a specific issue you encountered, the solution you proposed, and its positive impact on the organization. Emphasize your problem-solving skills and how your initiative helped maintain compliance while improving operational efficiency.

In your response, discuss your organization strategies. Highlight the importance of assessing risk levels, deadlines, and stakeholder needs, and how you create a focused task list to ensure that critical compliance obligations are met promptly.

Discuss how diverse teams can provide varied perspectives that enhance problem-solving and decision-making processes. Explain that inclusive practices contribute to a culture where compliance values are upheld and everyone feels empowered to voice concerns or ideas.