Director of Risk and Compliance

Job Title:Director of Risk and Compliance

Company: Evolution Money

Location: Manchester City Centre

Job Type: Fulltime

Salary: up to 120000 pa plus benefits plus bonus

About Us:

Evolution Money is a Certified B Corp with a social purpose. At Evolution Money our mission is to redefine financial inclusion by providing bespoke lending solutions to UK homeowners. We are committed to empowering individuals and fostering longterm financial wellbeing. Through innovative and purposedriven approaches we aim to challenge traditional norms and create a pathway for those who might be overlooked by conventional financial institutions.

The Role:

As our Director of Risk and Compliance youll ensure that the company adheres to all regulatory requirements best practices and internal policies required to deliver great customer outcomes in the 2nd Charge Mortgage Market. This leadership role focuses on overseeing and developing the companys risk management framework and driving a robust compliance culture to mitigate financial operational and reputational risks.

Working closely with the Board and Head of Compliance Audit and Risk youll provide strategic leadership and drive performance on regulatory risk and compliance matters management practices and standards.

The role demands strong knowledge of the UK regulatory Mortgage landscape and the ability to collaborate across departments to manage risk effectively and maintain compliance.

Key Responsibilities

• Leadership & Strategy:

• Lead the Risk and Compliance Department setting clear objectives. Ensuring the alignment of the departments activities with the companys strategic and operational objectives and regulatory obligations.
• Develop implement and maintain the companys compliance and risk management strategy ensuring it is aligned with industry best practices and applicable UK financial regulations (FCA MCOB GDPR etc..
• Oversee the annual Risk and Compliance Monitoring Programme and ensure compliance with regulation through the design of adequate oversight activity.
• Provide expert advice to senior management and the board on risk and compliance matters ensuring an effective governance structure is in place.
• Participate in various financial services related external working parties and focus groups.

• Regulatory Compliance:
  • Oversee all risk and compliancerelated activities to ensure full adherence to applicable UK financial services and legislative laws & regulations.
  • Oversee all anti money laundering (AML) and financial crime prevention efforts.
  • Act as the principal point of contact for the firm with the FCA and ensure Regulatory Reporting is completed accurately and within relevant deadlines.
  • Work closely with the Head of Compliance Audit and Risk to effectively manage resources ensuring adequate oversight and appropriate policies and procedures are operating in order to deliver fair outcomes to consumers and to protect the business.
  • Maintain awareness of evolving regulatory changes through horizon scanning and CPD to ensure the company adapts quickly and efficiently to remain compliant.
  • Provide rule and principle interpretation and guidance on meeting relevant regulatory requirements e.g. consumer duty.
  • Develop and deliver training programs for employees across departments to foster a culture of compliance and risk awareness.

• Risk Management:
  • Identify assess and monitor the companys key risks including credit operational financial and reputational risks. Ensuring effective maintenance of the companies Risk Register.
  • Establish and maintain a robust risk management framework that enables the business to proactively manage and mitigate risks.
  • Work with key stakeholders to ensure the proper implementation of risk mitigation strategies including regular risk assessments and stress testing.

• Internal Audits & Reporting:
  • Oversee internal and external audits to evaluate the effectiveness of compliance and risk management processes.
  • Lead the preparation of reports for senior leadership Board and regulatory bodies detailing compliance status risk exposure and mitigation activities.
  • Promote best practice in Conduct Risk and regulatory compliance through the effective chair and management of the Conduct Risk Committee.
  • Ensure timely reporting and resolution of any compliance breaches or risk events.

• Stakeholder Collaboration:

• Ensure effective relationships between Compliance Audit and Risk and the Board and Senior Management Team to ensure appropriate compliance governance structures are in place aligning risk management practices with the companies operational and strategic goals.
• Manage relationships with external regulators auditors and thirdparty service providers to ensure compliance standards are maintained.

• Consumer Protection & Ethical Standards:
  • Ensure that the company maintains a strong focus on consumer protection ensuring fair lending practices and transparency with customers.
  • Adhere to individual FCA Conduct Rules and maintains Fit and Proper status.

Qualifications (minimum):

• At least 10 years of experience in risk management and compliance with at least 5 years in a senior leadership role within financial services or specifically the Mortgage Industry.
• Proven experience in directly liaising with the regulator.
• Degree in Finance Business Law or a related field. Professional certifications in risk management or compliance are highly desirable.
• Proven knowledge of all relevant regulatory frameworks relating to mortgage lending and the financial services sector.
• Extensive experience with regulatory reporting audits and internal controls.
• Strong analytical and problemsolving skills with the ability to think strategically and act decisively.
• Excellent verbal and written communication skills with the ability to influence negotiate and build relationships with both internal and external stakeholders.
• Solutionoriented mindset capable of balancing risk management compliance and Consumer Duty with the commercial needs of a growing business
• Ability to manage teams effectively
• Full CeMAP qualification (Desirable)

Heres what youll get back:

• 27 days annual leave Bank Holidays
• Private Medical Insurance
• A contributory pensions scheme matched up to 5
• Long Service Awards
• Life Assurance
• Income Protection and Critical Illness cover

Company Culture:

Join us on our journey to redefine financial inclusivity. As we continue to evolve so do the possibilities for those we serve. Our goal is not just to provide loans but to architect a future where financial empowerment is a reality for everyone. At Evolution Money we value creativity innovation and a collaborative spirit. Our team is dedicated to delivering exceptional results and creating a positive impact in the financial services industry. We believe in fostering a work environment that encourages growth learning and teamwork.

We are committed to encouraging equality diversity and inclusion and aim to create a working environment where every employee is respected.

We will provide fairness and respect to all our prospective employees and all hiring decisions are based on merit.

We aim to ensure that no job applicant is placed at a disadvantage by practices or requirements which disproportionately disadvantage protected groups and which are not justified by the demands of the role.

Everyone is welcome at Evolution Money! We are proud in creating an inclusive and diverse culture in our Evo Team community. We want to ensure that you feel comfortable and can give your best throughout the recruitment process. We encourage applications from all backgrounds and communities and we are more than happy to discuss any reasonable adjustments that you may require. Please get in touch with us at any stage of recruitment to discuss it:

If you need any support with completing this application please contact and we will be happy to assist.

Evolution Money is a Disability Confident Committed employer. We offer interview to anyone with disability who meets the minimum criteria for the role.