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FCA Compliance Manager - 12 - 15 month contract

What we do. Electric Car Leasing


Why we do it. Greener. Fairer. Future.



We are looking for a FCA Compliance Manager who can help us deliver our mission to make it seamless for individuals and businesses to transition to zero-carbon driving.


This is a temporary contract for a minimum of 12 months covering one of the existing team as they head off on maternity leave. There will be a period of handover with the existing manager so that you can get up-to-speed with their responsibilities. You’ll also be helping us to support the business to grow by getting stuck into existing team priorities and projects.


You will report to the Head of Risk and Compliance (SMF16) and work with a team of five Risk, Compliance and Financial Crime Managers and Analysts. 


The role requires an experienced FCA compliance professional with a solid understanding of the FCA regime, the regulatory landscape and financial services legislation. A consumer credit background as well as a strong understanding of SM&CR is preferred, but candidates will be considered from any financial services background. 


In addition, the role requires someone who is comfortable feeding into and delivering against a compliance plan, working both independently and as part of a team, as well as someone detail focused and capable of building good working relationships as part of a second line function, in a business that is rapidly scaling. This is a fast paced environment and one allowing lots of opportunity for growth if you’re prepared to get stuck in.


The role is hybrid and you’ll be expected in the London office at least 1 day a week, with occasional trips required to other regional offices (currently Weybridge and Brighton). Octopus offers a lot of flexibility to get your job done in the way that best suits you and the business, so if location is something you’d like to discuss more, please reach out to us.


***Please note this is a 12-15 month contract***

 


What you'll do...
  • Collaborate on, deliver and continually strengthen our risk and compliance strategy and framework
  • Lead and report on our risk and compliance monitoring and advisory programs including delivering monitoring reviews
  • Oversee annual fit and proper assessments under the FCA’s SM&CR
  • Produce timely and accurate risk and compliance management information to support the Risk and Compliance Committee and the Board
  • Ensure that our governance framework evolves alongside the business and that we have appropriate and up-to-date policies, processes and internal reporting
  • Ensure that all FCA reporting requirements and communications are handled appropriately and promptly; this includes completing reporting in Reg Data and supporting applications on the FCA Connect platform
  • Keep abreast of regulatory requirements and changes, and ensure that the firm’s horizon scanning and regulatory change programme is forward looking
  • Deliver risk and compliance training to the business and report on the risk and compliance mandatory training programme
  • Be a key point of contact for the business on all risk and compliance matters
  • Build strong, collaborative relationships with other oversight functions, not just in Electric Vehicles, but across the Octopus Energy Group


What you'll need...
  • 4+ years experience within a second line FCA regulated risk and compliance function
  • A love of building customer centric products and services 
  • A strong understanding of the FCA’s CONC; DISP; PROD; PRIN, COCON and SYSC handbooks, alongside a strong understanding of the FCA’s expectations in relation to Consumer Duty and vulnerable customers
  • Previous experience of providing both compliance advice and delivering compliance monitoring work
  • Excellent written and presentation skills, alongside a keen eye for detail
  • Strong stakeholder management and the ability to tailor information to the audience
  • Strong change and project management skills, including the ability to manage time well, prioritise effectively and handle multiple deadlines whilst working with (and directing) hybrid teams
  • Excellent time management skills and the ability to manage competing priorities
  • Ability to problem solve and to suggest and implement solutions
  • Ability to collaborate with diverse teams across the business
  • A passion for personal development and for driving better ways of working; you’ll need to get stuck into a variety of areas as we build and evolve the function
  • In addition, the following are desirable:
-A strong working knowledge of the FCA regulations for consumer hire and insurance distribution
-Prior experience with appointed representatives
-Risk management experience, for example with RCSAs and risk registers


💚 Why else you'll love it here
  • 💰 Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit!

  • 🎉 Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! 🎁 Visit our perks hub - Octopus Employee Benefits


About us


The electric revolution has arrived - and from 2035 you’ll no longer be able to buy a new petrol or diesel car in the UK. 


We’re building a whole new way for drivers to join the electric charge and not only learn about and shop for their EV online, but experience a 'lease for life' through an industry changing customer experience. This is the chance to join one of the UK’s most exciting start-ups – making it easy for individuals and businesses to go electric by getting their car, charger and energy all in one cracking deal.


Octopus Electric Vehicles launched in 2018 to make it seamless to switch to cleaner, greener driving. Our mission is to drive sustainable change, decarbonise the planet and provide our customers with fair pricing and a fantastic experience. 


We're an Octopus Energy company—an innovative new energy supplier. We are part of the Octopus Energy Group, which seeks to improve the lives of millions of people by transforming the industries we operate in. The Octopus Group incorporates Octopus Energy, Octopus Healthcare, Octopus Investments, Octopus Property, Octopus Ventures and Octopus Labs.


If this sounds like you then we'd love to hear from you.


Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!


Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.

What You Should Know About FCA Compliance Manager - 12 - 15 month contract, Octopus Energy Group

At Octopus Electric Vehicles, we're on a mission to make it easy for individuals and businesses to transition to zero-carbon driving, and we're looking for an FCA Compliance Manager to join our dynamic team for a 12 to 15 month contract in London. If you're an experienced compliance professional with a passion for electric vehicles and sustainability, this could be the perfect opportunity for you! In this role, you’ll work closely with our Head of Risk and Compliance, overseeing a talented team of five skilled Managers and Analysts. You'll take charge of our risk and compliance monitoring, lead our compliance strategy, and ensure that we meet all FCA reporting requirements while adapting to the rapidly evolving regulatory landscape. We want someone detail-oriented who's comfortable working collaboratively as well as independently—especially in our fast-paced, growing environment. With a minimum of four years of experience in an FCA-regulated second line compliance function, you’ll bring a strong understanding of the FCA regime, Consumer Duty, and financial services legislation to continuously enhance our governance framework. This hybrid role allows you to work remotely while enjoying the camaraderie of your colleagues in our London office at least once a week. So, if you're ready to contribute your skills to a greener future and grow alongside us in this exciting venture, we’d love to hear from you!

Frequently Asked Questions (FAQs) for FCA Compliance Manager - 12 - 15 month contract Role at Octopus Energy Group
What are the responsibilities of the FCA Compliance Manager at Octopus Electric Vehicles?

As an FCA Compliance Manager at Octopus Electric Vehicles, you will lead and report on our risk and compliance monitoring programs. You’ll also oversee fit and proper assessments under the FCA’s SM&CR, produce management information for the Risk and Compliance Committee and ensure that the governance framework adapts alongside our growing business. In addition, you'll provide compliance training, manage FCA reporting requirements, and keep abreast of regulatory changes—all while building strong relationships across teams.

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What qualifications are required for the FCA Compliance Manager position at Octopus Electric Vehicles?

Candidates for the FCA Compliance Manager role at Octopus Electric Vehicles should possess four or more years of experience in a second line FCA-regulated compliance function. A solid understanding of FCA’s CONC, DISP, and Consumer Duty is vital, along with excellent communication skills and the ability to manage stakeholder relationships effectively. A background in consumer credit or risk management is desirable, making someone who thrives in collaborative environments a perfect fit.

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How does the FCA Compliance Manager support Octopus Electric Vehicles’ mission?

The FCA Compliance Manager plays a crucial role in guiding Octopus Electric Vehicles toward its commitment to greener driving. By ensuring compliance with regulations and delivering impactful training, this position enables the business to operate smoothly and adapt to changes in the regulatory landscape. The Manager’s strategic oversight makes it possible for the company to focus on its mission while staying compliant and facilitating growth.

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What is the work environment like for the FCA Compliance Manager at Octopus Electric Vehicles?

The work environment for the FCA Compliance Manager at Octopus Electric Vehicles is fast-paced and collaborative. As part of a hybrid team, you'll enjoy both remote work flexibility and the dynamic camaraderie of office life in London, where innovative ideas are encouraged. The company embodies a culture of autonomy and innovation—ensuring you can make a real impact while still being supported by your colleagues.

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What opportunities for growth exist for the FCA Compliance Manager at Octopus Electric Vehicles?

As an FCA Compliance Manager at Octopus Electric Vehicles, plenty of growth opportunities await you. This 12 to 15 month contract provides a chance to work on diverse projects that evolve as the industry changes. You'll enhance your skills in compliance and risk management while working with talented professionals across various functions, setting the stage for future career advancement within the Octopus Energy Group.

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Common Interview Questions for FCA Compliance Manager - 12 - 15 month contract
Can you explain your experience with FCA compliance regulations?

In answering this question, highlight your relevant experience working with FCA regulations, particularly your familiarity with CONC, DISP, and Consumer Duty. Discuss specific instances where you applied these regulations to compliance work, focusing on your ability to adapt to changing regulations and deliver results.

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How do you prioritize tasks in a fast-paced compliance environment?

To tackle this question, explain your approach to time management and prioritization. Share examples of how you assess urgency and importance in daily tasks, especially when multiple deadlines are at play. Show your ability to remain organized while adapting to the dynamic needs of the business.

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What strategies do you employ to ensure effective communication with stakeholders?

In your response, describe your strategies for building rapport and effectively communicating with stakeholders at all levels. You might discuss your use of tailored communication styles based on audience needs and the importance of transparency in compliance matters.

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What do you consider when developing a risk and compliance monitoring program?

Share that you take into account the regulatory landscape, internal policies, and industry best practices when designing a risk and compliance monitoring program. Discuss your analytical skills and how you use data to drive compliance strategies and monitor risk effectively.

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How do you keep up with regulatory changes in the financial services industry?

Here, emphasize your proactive approach to tracking regulatory updates. Whether it’s through continuous professional education, participating in industry forums, or subscribing to regulatory updates, explain how this knowledge enhances your compliance efforts.

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Describe a time you successfully managed a compliance project.

Provide a detailed account of a compliance project you've managed. Focus on your planning, execution, and results, highlighting the collaboration with team members and the strategies that led to project success. Showcase your leadership and project management skills.

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How would you handle a situation where you disagreed with a decision made by senior management?

In responding to this question, stress the importance of open communication and escalation of concerns. Describe how you would approach senior management with well-documented reasoning and proposed alternatives, putting the overall company goals and compliance at the center of the discussion.

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What motivates you to work in compliance management?

Be sure to express your passion for creating a fair and transparent business environment. Explain how the work you do makes a meaningful impact—such as supporting consumer rights and ensuring company integrity—driving your commitment to compliance management.

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How do you ensure a culture of compliance within the organization?

Demonstrate your belief in the significance of training, education, and communication in fostering compliance culture. Highlight how you engage employees and stakeholders, ensuring they understand the importance of their roles in maintaining compliance.

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What tools do you find most effective for compliance tracking?

In your answer, mention the specific tools and software you have experience with, such as governance, risk, and compliance (GRC) platforms or project management tools. Share how these help streamline compliance workflows and improve reporting accuracy and efficiency.

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Octopus Energy is a forward-thinking energy provider - were not just thinking about us, but generations ahead. Were reinventing the way you interact with your energy use so that you know when the best times are to use energy, and when the grid is ...

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DATE POSTED
April 10, 2025

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