Supplier Assurance
- Posted 08 June 2021
- Salary £30000 - £35000 per annum
- Location
- Job type Permanent
- Discipline Banking Operations
- ReferenceAssurance PFC BANK_1623146251
- Contact NameWill Goodman
Job description
Job Specification
My client, a leading Bank in the heart of the city are looking for a Supplier Assurance Officer to join there compact team where they will be reporting to the Supplier Assurance Manager
Summary of role
The role will be responsible for ensuring PCF Bank complies with FCA requirements for
intermediary and supplier oversight by way of monitoring the financial standing, performance
and compliance with regulation of the Banks' database of suppliers and introducers.
Key responsibilities
Provide first line of defence oversight activity across PCF's supplier and introducer
- cohort
- Visit existing suppliers and introducers to conduct formal audit reviews
- Prepare supplier audit reports for publication to senior management and other
- stakeholders
- To maintain, run and action the banks' weekly ICO and FCA due diligence exception
- reports
- To maintain the departments electronic filing system and mailbox
- Liaise with PCF's Compliance Department in relation to supplier oversight activity and
- audit reviews
- Complete Ad hoc project work and other reasonable duties, as instructed by the
- Directors and/or Head of Operational Excellence
- Culture and conduct
- Individual responsibility to demonstrate consistent behaviours in line with our
- company values of Integrity, Communication, Togetherness, Forward Thinking and
- Innovation, Fair Outcomes and Success, through own conduct and practices.
- Comply with TCF and Conduct Risk Obligations attached to this Job Specification
Special requirements attached to this role
- London based with the requirement to visit existing suppliers and introducers to conduct
- formal audit reviews
- Hours of work
- Monday to Friday 09:00 - 17:30 with 1 hour for lunch
- Person specification
- Skills and Experience
- At least 3 years' experience of working in an FCA regulated environment
- Knowledge and experience of the FCA's Consumer Credit Sourcebooks
- Self-starter who has an ability to work on their own and can communicate well with
- brokers, suppliers and intermediaries as well as the Bank's senior management.
- Ability to write high quality reports will be essential
- A high level of interpersonal skills and ability to work cross departmentally effectively
- IT literate in Excel, Word and Outlook
- Attention to detail and a well organised approach to work
- TCF (Treating Customers Fairly) and Conduct Risk obligations attached to this role
The successful candidate for this role has an obligation to adhere to Regulatory requirements and put the needs of the customer at the heart of how they work, with a focus
on the long-term interests and the fair treatment of our customers.
The successful candidate will be measured against a combination of the firm's values,
behaviours and objectives