Compliance Manager UK

Compliance Manager UK

Location: London office, near Kings Cross

Full-time position

About Otovo

Otovo is Europe's leading platform for solar and battery systems. We are leading Europe into a clean, electrified future by making the purchase and installation of solar systems a seamless and affordable experience.

Since the company was founded in Norway in 2016, we have served more than twenty thousand customers, across 13 European countries. Since our IPO in February 2021 Otovo has been publicly traded on the Oslo Stock Exchange.

We launched in the UK in late 2022, and are building a diverse team in our London office of passionate people who share in our vision, and are excited by the challenge of company building.

Position overview

We are looking for a Compliance Manager to help our growing team in London to navigate legal and regulatory frameworks. The ideal candidate is conscientious, and detail-oriented, with good communication skills and high standards of ethics and integrity. The ability to understand regulations and translate legal text into practical advice for our colleagues is key.

We are in the process of applying for a lender licence from the Financial Conduct Authority (FCA), to be able to offer a leasing product to our customers. As a responsible lender, we want to ensure that we follow both our own policies and those of the FCA. As a Compliance Manager you would be employed by our lending entity, called EDEA.

Your responsibilities

Advise the General Manager and Head of Lending on how processes adhere to policies

Being a point of contact for the Financial Conduct Authority, supporting them if and when they require documentation from us, or perform audits

Report to the board of directors on compliance with internal policies and external regulations

Policy and Procedure Development: Work with different teams on how to adapt policies into practical processes, and how to adapt the policies to be more practicable

Compliance training of staff

Stay up to date on changes in regulations of consumer credit lenders

What we offer

The opportunity to be part of a success story with a positive impact on the planet at the early stages of launch

See the business grow before your eyes and be part of making that growth happen

An exciting opportunity to build an innovative business in the UK from ground up

The security of an internationally successful business

A Scandinavian management culture valuing trust, respect and equality

An attractive salary package and social benefits

Lots of freedom regarding working hours and location, incl. the opportunity for temporary stays at our international locations

A wide range of career opportunities across the firm

What we look for

2+ years of work experience in relevant field, i.e. compliance management, legal work, regulatory compliance, lending entities, or similar

Alternatively, 5+ years in financial industry, consulting or similar can compensate for lack of specific experience

Attention to detail, and setting high standards for yourself and others

Conscientiousness, and taking pride in completing high-quality work

Appreciation of the practical implication of a policy, not just theoretical analysis

Courage to disagree with senior management, and challenge established policies and procedures, as well as suggested alterations