Regulatory Risk Officer

Job Overview

Heard of us?

We're an award-winning bank; backing people to fulfil life's hopes and dreams.

Now is your chance…

Aldermore's Risk department plays a key role in ensuring we balance our growth with robust risk management and controls, supported by effective governance, policies and procedures. Whether working in Compliance, Operational Risk, Enterprise Risk, Credit Risk, Retail or Business Finance Risk, everyone helps to implement and embed a risk management ethos and culture that ensures our customers are treated fairly whilst supporting our business model and strategic priorities.

As a Regulatory Risk Officer, you will work closely, in the second line, with the business and specialist risk colleagues to ensure that regulation is understood and managed effectively by the first line. A key part of the role includes providing advice and guidance on day-to-day compliance and conduct risk matters, as well as helping to ensure that regulatory change is effectively implemented. In addition, you will work collaboratively with a relationship management approach, assisting the business to achieve a balance between delivering its commercial objectives, maintaining high standards of regulatory adherence and delivering good customer outcomes in line with regulatory expectations.

The role of Regulatory Risk Officer is really important to us.

When the time is right, we would love to welcome you to one of our hub offices in either Cardiff or Manchester. In the meantime you will be based remotely. You'll be made to feel part of your new team by your Line Manager, Regulatory Risk Manager and colleagues through regular contact and virtual interaction.

What would your day look like?

Provide day-to-day regulatory advice and guidance to the business to ensure on-going compliance – and where more technical queries arise, liaise with the Technical Regulatory Risk team in order to facilitate expertise being obtained.
Work with key stakeholders across business units and group functions to implement regulatory risk best practice.
Ensure that Regulatory Risk oversight is appropriate around the Aldermore Group's policies and frameworks in order to ensure on-going regulatory compliance.
Ensure key Regulatory Risk systems & controls are in place and effective, understood and documented in the RCSA. This should include (but not limited to) Marketing & Financial Promotions; Training & Competency; Remuneration; Product Design/Changes; and Assurance.
Provide regulatory risk oversight around specific projects as well as the overall (as requested) Change portfolio to ensure all risks relating to the projects are documented, assessed and agreed with relevant stakeholders.
What do we expect of you?

We are looking for someone with prior knowledge and experience of working in a second line regulatory role – ideally gained in Banking or Consumer Credit.
Maintain an up to date knowledge of internal policies & procedures as well as the appropriate trade, market and regulatory developments.
Support Regulatory Risk Manager in analysis and production of thematic and BAU management information.
Provide effective communication between second and first line risk teams in order to raise exceptions and ensure these are acted upon.
Maintaining a good understanding of current Bank relevant risks / issues / events enabling constructive challenge and informative reporting.
Great reporting skills – ability to translate data into information and draft reports to senior leaders and Executive Committees.
Strong awareness of regulation within a financial services environment.What can you expect of us?

A friendly and flexible culture, synonymous with our proposition to our Customers.
A smart yet comfortable working environment, well located for the daily commute and those lunchtime errands.
A growing organisation that defines itself as being nimble, lean and strong.
A drive for continuous improvement, for which you will be empowered to get behind from day one.
A visible and approachable ExCo; who you will very likely to bump into whilst making your morning coffee.
And of course you will be compensated competitively, with a good range of core benefits and bonus potential.
Still Curious?

Aldermore Group was formed by bringing together two very successful businesses, Aldermore Bank and MotoNovo Finance, under the First Rand umbrella. Whilst our parent company operates internationally from their HQ in South Africa, we are a UK-based financial services specialist that supports our customers across a range of products and services.

Underpinned by our strategic blueprint, "backing people to fulfil life's hopes and dreams", we thrive upon saying "yes" to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first-timers a leg-up onto the property ladder; and we open up the lending market to many.

This is where you come in. We are on a journey. A journey defined by a destination; to deliver on our purpose over the course of the next 3 to 5 years.

Join us today and we will make the same promises to you as an employee, as we do to each of our customers. We value your differences; welcoming applications from all sections of society. We continue to build an inclusive, empathetic and creative environment; where your views and contributions will inspire new ways of thinking.


Aldermore is an equal opportunities employer.

We do not accept speculative agency CVs. Any CV received by Aldermore will be treated as a gift and not eligible for an agency fee.

Where a DBS check or CIFAS check is identified as necessary, all application forms, job adverts and recruitment briefs will contain a statement that an application for a DBS certificate or a CIFAS check will be submitted in the event of the individual being offered the position


Manchester, Greater Manchester

Full Time


Job Detail
  • Offerd Salary0- £15,000
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