Scotwest Credit Union is a fincancial co-operative offering ethical fair and competitive financial services to its members.

Co-operatives are based on the values of self-help, self-responsibility, democracy, equality, equity and solidarity. In the tradtion of their founders, co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others.

Scotwest is here to serve members’ best interests by treating them with respect, care, openness and honesty.

Scotwest Credit Union is widely recognised as being one of the most successful, innovative and visionary credit unions in the UK.  As a member owned provider of ethical financial services, we expect all staff to be able to demonstrate a high degree of ethics and integrity in all their dealings with Scotwest and its members. If you consider yourself pro-active and adaptable and would like to join an industry leader and work closely with our membership, we look forward to hearing from you. Please note we will conduct a credit check as part of our employment screening process.

Find out more about Scotwest Credit Union here

See below details of the current vacancy at Scotwest Credit Union:

Compliance Officer, Scotwest Credit Union

Based in Glasgow city centre, Scotwest Credit Union is one of the largest in the UK with over 30,000 members and £55m+ of assets under management.

Reporting on a day to day basis to the Chief Executive, the role will also havView Pagee a direct reporting line to the Board of Directors (reporting to them formally on a quarterly basis and on an ad hoc basis as required).

You will be expected to become a Subject Matter Expert in all credit union compliance matters, particularly in respect of FCA/PRA sourcebooks.

You will provide the Senior Management Team, staff and Board of Directors with proactive and reactive advice in relation to all compliance matters, including the proactive analysis/synopsis of any proposed changes in laws, regulations, etc.

Reporting to the Board of Directors directly, you will be responsible for developing and delivering an annual compliance monitoring plan: delivering the organisation’s “2nd line of defence” function.

You will also be responsible for the maintenance and development the organisation’s Policy and Procedures Manual and the handling/management of any complaints.

Applicants will be expected to be able to demonstrate audit, analytical and communication skills in terms of regulatory compliance and have a firm grounding in the fields of governance and compliance.

It is desirable that candidates have:

•    A relevant further/higher education qualification
•    Experience in the financial services industry.
•    Experience in a compliance function
•    Should be capable of satisfying test of fitness and propriety and obtaining regulatory approval if required.

This is a permanent, full time (37.5 hours per week) role with a salary of range of £25,000 to £27,500 per annum.

Scotwest Credit Union Compliance Officer Job Description

Scotwest Credit Union Competency Framework

If interested, please send your CV and covering letter to Kenny MacLeod, CEO, Scotwest Credit Union, 13 Elmbank Street, Glasgow G2 4PB   or email:  kennymacleod@scotwest.co.uk

Closing date Tuesday 7 March 5pm