Vacancy overview

Vacancy Compliance & Risk Officer Apprentice
Employer Financial Conduct Authority
Vacancy type Apprenticeship
Reference number Com6923
Form of employment Full Time
Salary / Rate £22,000
Hours 38.00
Published 27/03/2023
Closing date 14/04/2023

Description

This is a great opportunity for anyone wanting to pursue a career in financial services. You will be working and studying towards becoming a Compliance & Risk Officer for the UK’s financial regulatory body. Critically analyse the processes to develop resource saving while maintaining the integrity of the system.

From regulating Consumer Credit to driving action on Foreign Exchange manipulation or helping strengthen accountability in the banking sector, the FCA is working with the industry to protect consumers, ensure the integrity of the UK financial system and promote fair and effective competition. Our remit has expanded significantly since our creation in 2013, with the number of firms we regulate growing from 23,000 to over 50,000. We oversee conduct across the full span of the financial sector from global investment banks to high street payday lenders. We do this by working with consumer groups, trade associations and professional bodies, domestic regulators, international partners, and a wide range of other stakeholders.

This is a fantastic opportunity for an ambitious and motivated individual to gain hands-on experience whilst working towards a professional qualification.

We hire Compliance & Risk Officers into a range of divisions across the business, you could join one of following teams; Enforcement, Market Oversight and Supervision, Policy & Competition.

Duties

The key responsibilities of this role will include:

Taking part in meetings with firms' senior executives. Contributing to meeting preparation and accurately recording what was discussed
Supporting the team and department with case administration, including, setting up cases on the FCA system, completing a check before allocating to a member of the team and saving documents onto the system
Critically analyse the processes to develop resource saving while maintaining the integrity of the system
Assisting in the preparation for external communications strategy, including researching regions, trade bodies and particular finance service issues
Reviewing information provided by firms and other external sources to draw out and present key information
Challenging existing procedures/ways of working, identifying improvements to increase efficiency and effectiveness of business process

Essential criteria

Desired skills and personal qualities
Communication skills, IT skills, Attention to detail, Organisation skills, Customer care skills, Problem solving skills, Administrative skills, Number skills, Analytical skills, Logical, Team working, Initiative, Good knowledge of Microsoft
Qualifications
GCSE or equivalent English (Grade 4 or above) Essential
GCSE or equivalent Maths (Grade 4 or above) Essential
A Level or equivalent Any subject (Grade A*-C) Essential
BTEC or equivalent Any subject (Grade A*-C) Essential
Things to consider
If you have completed higher levels of education, such as a University Degree, please visit our early careers page where you will find more information on our Internship and Graduate opportunities which you may feel are more suited to you. Once we have received and viewed your application you will be called for an initial telephone screening, which will take up to 20-30 minutes. This will be conducted by Fitch Learning.

Additional information

What training will the apprentice take and what qualification will the apprentice get at the end?
You will be working towards the Level 3 Compliance & Risk Apprenticeship standard. For more details about the standard visit: https://www.instituteforapprenticeships.org/apprenticeship-standards/compliance-and-risk-officer-v1-0

The professional qualification attached to this apprenticeship is with the Chartered Institute for Securities and Investments, Risk in Financial Services.

Training will be delivered by Fitch Learning where you will also be assigned a skillscoach.

What is the expected career progression after this apprenticeship?
We encourage and support those apprentices who successfully complete their professional qualification and apprenticeship programme to secure a permanent role at the FCA.

How to apply

To apply please follow the APPY button and submit your CV and Cover Letter explaining why you are applying for this opportunity. 

This vacancy is closed and is no longer taking applications