Director of Compliance

OverviewAt DF Capital, we champion banking for ambition. As an award-winning provider of commercial finance and savings, we empower depositors and small businesses with financial solutions tailored to fuel their growth. Headquartered in Manchester, our team of over 130, serves thousands of customers across the UK, transforming savings into new opportunities for businesses to thrive. We're passionate about helping our customers succeed. As we expand our retail and commercial lending products, we remain committed to meeting their evolving needs and supporting their ambitions every step of the way.

OUR STORYFounded in 2016, DF Capital was born with a focus on distribution finance - providing dealers, distributors, and manufacturers with the funding they need to stock, display, and sell products, without straining cash flow. Since then, we've delivered over £3. 5bn of funding across diverse sectors. From motorhomes and machinery to motorbikes and lodges, we've financed all shapes and sizes of commercial vehicles and automobiles (no planes or trains - yet). We listed on the Alternative Investment Market of the London Stock Exchange in 2019.

BECOMING A BANKIn 2020, we became a fully authorised bank, extending our offering with savings products for retail depositors. We're proud of our strong customer service, consistently achieving high satisfaction scores - like our current average rating of 4. 8/5 from 1,200+ reviews, which also earned us a Platinum Trusted Service Award. The deposits we receive fuel UK businesses through our commercial lending, creating a virtuous cycle of growth. WHERE WE'RE HEADEDOur goal is simple: to be the best bank - for our customers and each other. We put customer needs first, continuously looking to improve our proposition on their feedback.

We aim to help more customers in more ways while continuing to deliver exceptional service. How do we achieve this? By hiring people who care deeply about doing the right thing, we've been recognised as ‘World Class to Work For' by Best Companies, and we're proud of our inclusive, sustainable, and progressive workplace. OUR CULTUREDF Capital is a very special place to work. We have an amazing team who commit themselves each and every day to bring our ambitious growth plans to life.

We've achieved much on our journey so far, but I believe we have our best days ahead of us. We've established a unique culture that is built on a virtuous circle where engaged and empowered employees, who are powered by a shared purpose, deliver great outcomes for our customers, our communities, the environment and ultimately our shareholders. This is why we are rated a world class place to work and are amongst the best companies to work for in the UK.

RequirementsDF Capital is passionate about providing employees with the right training and support to help them excel in their roles and future careers. We are confident that an applicant with the right attitude and drive will succeed in this role. Other duties may be assigned outside of the following duties and responsibilities:

Holds management accountable for the Compliance team and is a senior member of the Risk & Compliance teamAchievement of KPIs, both strategic and operational, and participation in initiatives to develop and enhance risk management frameworks, culture, and processesEnsure that the data used to assess compliance, conduct, and financial crime risks is fit for purpose in terms of quality, quantity, breadth, and timelinessStrategic and operational delivery through the effective execution of key functional accountabilities:

Compliance and ConductSupport the bank's strategy, identifying material compliance and conduct risks associated with the strategy and business plan, including reviewing the launch of new productsMaintaining a compliance and conduct risk framework, with policies and procedures that meet regulatory requirementsOversee compliance with those regulatory requirementsOverseeing the compliance and conduct risk appetite limits and reporting metrics, including the provision of insight and analysisReview and escalation of emerging compliance and conduct risksIs independent of functional business units with responsibility for ensuring the adequacy of compliance controls and, where appropriate, providing risk training to the businessWhere required, provide oversight and validation of the bank's external reporting of compliance and conduct riskRegulatory ChangeEnsure the effective identification, communication, tracking, and reporting of regulatory developments to provide a forward-looking view of the UK conduct regulatory landscape to help prepare the bank for regulatory changeEnsure the business is up to date on the impact of regulatory developmentsBuild effective relationships with key regulators (FCA)Co-ordinate and respond to information requests from the FCA in support of the CRO, Executive and BoardFinancial CrimeSupport the bank's strategy, identifying financial crime risks associated with the strategy and business plan and ensuring the effectiveness of AML processesMaintaining a financial crime framework, with policies and procedures that meet regulatory requirementsOversee compliance with those regulatory requirements which include monitoring accounts, investigation of potential fraudulent, terrorist, or suspicious activity, the implementation of Anti Bribery and Corruption and Sanctions policies, and the reporting of suspicions to the NCAOverseeing the financial crime risk appetite limits and reporting metrics, including the provision of insight and analysisReview and escalation of emerging financial crime risksIs independent of functional business units with responsibility for ensuring the adequacy of financial crime controls and, where appropriate, providing risk training to the businessWhere required, provide oversight and validation of the bank's external reporting of financial crime riskApproved Role Responsibilities - SMCRRegulatory Status - SMF 16 & 17BenefitsPrivate medical insurance for you and your Family10% Employer pension contribution 30-day annual leave entitlement plus Bank/Public Holidays Free Gym Membership Discretionary annual bonus Discretionary share awards Life Assurance Income Protection Save As You Earn company share acquisition schemeTax-efficient salary sacrifice scheme to obtain bicycles and electric vehicles4 days of paid Volunteering leave to support our local communitiesVibrant office location in the lively city centre of Manchester