Santander Consumer Finance is looking for a Contentious Regulatory & L2 Complaints Oversight Manager to join the Compliance and Regulation Team when you will be supporting and reporting to the Head of Function.
In this role you will provide advice on contentious regulatory matters including where remediation is required from a second line perspective, to ensure compliance with legal and regulatory responsibilities and in particular evidencing Think Customer.
Please note this role is a hybrid role with at least 3 days a week in the Redhill office
Responsibilities will include:
To manage contentious regulatory matters and develop, implement and sustain second line oversight on complaints handling and managementTo support the head of function perform oversight on contentious regulatory and complaints management matters and to lead the function to deliver thisAct as a point of contact for the business on second line contentious legal and regulatory matters and adviceLead and manage the team of paralegals to respond to claims and disputes involving SCUKProvide legal/regulatory advice on events and incidents for emerging and crystalised risksHave a ‘Think Customer’ mindset in the implementation of any responses to issues and events managementSupport any remediation activities following the identification of relevant issues and provide appropriate advice and oversightManage the second line control framework for the oversight of complaints management within SCUK (and oversight of any outsourced contract hire complaints)Act as an escalation point for material complaints and escalate to the head of function as necessaryProvide guidance to first line teams on contentious regulatory and complaints managementAssist in regulatory landscape horizon scanning in respect of potentially contentious matters and claims and complaints riskProvide support to project initiatives and programmes, including reviewing requirements documentation and making recommendations from a second line legal/regulatory advisory perspectiveEngage with relevant internal and external stakeholders in a professional and progressive way to best manage SCUK’s reputationAttend meetings / industry forums as requiredCoordinate relevant external advisors as necessary supportDeal with or escalate any identified risks in relation to SCUK risk policies and/or legislative and regulatory guidelines in accordance with the San UK group risk frameworkOther ad hoc tasks as directed by the head of the function directorProvide support and guidance to Project Milan and relevant remediation tasksProduce any relevant MI and reporting as required by the head of the functionAdhering to our commitment to Consumer Duty ensuring we put our customers’ needs first and set higher and clearer standards of consumer protectionWhat we’re looking for:
Sound knowledge of the UK regulatory framework, including FCA rules and guidance (particularly DISP, CONC, SYSC and SUP) in relation to Consumer Credit and Consumer Rights - (ideally, more specifically Motor Finance)Previous demonstrable experience of working in a contentious legal or regulatory environmentPrevious experience of leading a high performing team in a regulated and challenging environmentQualified Compliance professional or Solicitor/Barrister/Attorney/FCILEX with relevant PQE or demonstrable NQEAbility to analyse, evaluate and communicate issuesExcellent verbal and written communication skills with the ability to build relationships internally and externallyWell-developed report writing and I.T. skillsExperience of project management and delivery of proposals/ presentations to Senior Management (desirable)Digital and legal and regulatory knowledge and experience (desirable)We have a range of benefits available which include:
Competitive salary of £60,000 - £70,000 per annum (dependant on experience)30 days holiday per annum, plus bank holidaysAnnual bonus based on personal and company performanceCar allowancePrivate medical coverGenerous pension contributionsEmployee assistance programmeSharesave schemeGym passes at a reduced rate for 3,000 gyms, leisure centres etcInclusion
At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.
At Santander Consumer Finance we have a zero-tolerance approach to discrimination, bullying, harassment (including sexual) or victimisation of any kind.
Should you want to be considered for part time hours, please let us know and we can assess your requirements.
What are the next steps:
If you are interested in this role and believe you have the skills, experience, and knowledge then we’d love to hear from you. Please go ahead and click apply which will take you through some questions and allow you to submit your CV and covering letter.