Compliance Business Partner - Second Charge Mortgages

📋 Description

• • Provide expert compliance advice on strategic and regulatory initiatives related to Lendable’s Second Charge Mortgage product, ensuring alignment with FCA regulations and internal policies.
• • Review and approve critical business documentation including customer communications, financial promotions, training materials, policies and procedures, due diligence questionnaires, and access and permissions requests.
• • Monitor evolving regulatory changes in the UK mortgage sector, conduct gap analyses, and communicate required actions to business units to maintain compliance.
• • Advise the business on regulatory risks associated with mortgage lending and broker partnerships, designing and implementing appropriate controls to mitigate exposure.
• • Support the implementation of corrective actions and improvements arising from compliance monitoring, internal audits, and regulatory inspections.
• • Represent the Compliance function in cross-functional meetings, product development forums, and external regulatory discussions as required.
• • Prepare clear, concise reports on key compliance matters, including risk exposures, control effectiveness, and regulatory trends, for internal leadership and stakeholders.
• • Collaborate closely with teams across Product, Sales, Operations, and Customer Experience to embed a culture of compliance awareness and customer-centric decision-making.
• • Work directly with mortgage brokers to ensure their activities and communications adhere to FCA regulations and Lendable’s compliance standards.
• • Maintain in-depth understanding and application of the FCA Handbook, specifically MCOB, PRIN, DISP, and the Consumer Duty, to guide business decisions.
• • Translate complex regulatory requirements into actionable guidance for non-compliance teams, enabling them to meet business objectives while remaining compliant.
• • Ensure all mortgage-related products, marketing materials, and customer journeys are designed and executed in accordance with regulatory obligations and good customer outcomes.
• • Engage proactively with internal audit and risk teams to align compliance activities with broader governance frameworks and enterprise risk strategies.
• • Stay current on industry developments in the UK second charge mortgage market and advise on how regulatory shifts may impact product design, distribution, and customer experience.
• • Contribute to the development and enhancement of compliance policies, procedures, and training programs to strengthen the firm’s regulatory infrastructure.
• • Facilitate compliance training and awareness sessions across business units to promote understanding of regulatory obligations and foster a proactive compliance culture.
• • Support the Head of Compliance in managing compliance deliverables, timelines, and reporting requirements to senior leadership and regulators.
• • Participate in the design and testing of controls to ensure operational processes for second charge mortgages meet regulatory expectations and are consistently applied.
• • Maintain accurate records of compliance reviews, approvals, and monitoring activities to support audit readiness and regulatory scrutiny.