O

Director - Compliance Advisory (Fixed Term Contract)

OakNorth
Contract
On-site
London, United Kingdom
Since 2015, we’ve backed entrepreneurs with over £13bn in funding, helping create 56,000+ jobs and 34,000+ new homes across the UK and US. We’re dedicated to helping trailblazing businesses thrive and our Risk & Compliance team are integral to our growth.
 
Are you a compliance pro who can roll up your sleeves, cut through the noise, and give advice that helps push OakNorth forward? We’re looking for a Director, Compliance Advisory who doesn’t just know the rulebook – but knows how to use it with purpose.
 
You’ll be leading the Compliance Advisory function across OakNorth Bank. You'll bring strategic thinking and a hands-on attitude to a growing and successful business that supports the front-line, keeps us sharp with regulation, and makes compliance a true business partner. This role is a maternity cover fixed term contract, with initial duration to last 12 months.
 
Are you ready to step up to the challenge?  

Responsibilities:

    • Lead the Compliance Advisory team, acting as the go-to SME for business areas across the bank – specifically Personal Savings, Business Banking and Commercial Lending.
    • Provide clear, pragmatic, risk-based compliance advice to all relevant stakeholders.
    • Maintain and evolve the compliance advisory framework including horizon scanning, aligning it with the bank’s regulatory obligations, risk appetite, and commercial ambitions.
    • Stay close to the business – embed yourself where needed, be seen and heard, and make compliance guidance accessible, not abstract.
    • Support regulatory engagement where necessary.
    • Be a positive and vocal influence to the wider Risk function and to the Bank as a whole.
    • Deputise for the Head of Compliance when needed – presenting to senior committees, advising executives, and making strategic calls.
    • Utilizing Generative AI: Leverage GenAI tools to increase productivity and enhance decision-making processes within the role.

Requirements:

    • Deep compliance expertise within the UK banking environment – you know your SYSC from your SMCR, and your Consumer Duty inside out. Ideally you have US banking compliance knowledge too!
    • Solid experience in compliance advisory roles, ideally with exposure to a wide range of banking products and services.
    • A strong track record of stakeholder engagement – you can talk to the C-suite one minute and support a product owner the next.
    • You’re a self-starter who’s comfortable working independently – but you’re just as comfortable rolling up your sleeves to help the team.
    • You’re practical – not preachy. You can translate regulation into action and make advice stick.
    • A strategic mindset – you see the big picture, anticipate change, and help the bank get ahead of the curve.
    • Experience in leading others, even if not formally – you know how to elevate those around you.

Benefits & Perks:

    • Equity. We want people to have a stake in the business so that all our interests are aligned.
    • 25 days holiday
    • Personalized benefits – opt-in to what matters to you
    • Subsidised Private Medical Insurance with Bupa
    • Enhanced maternity and paternity leave
    • Wellbeing and social events
    • In-house Barista Bar in London office
    • Support causes that matter to you – Volunteering time off
    • Salary sacrifice schemes (Cycle to work, nursery, gym, electric car scheme)