Propel Finance was established in 1996 to provide flexible and accessible finance to SMEs across the country. Now, more than 20 years on, Propel has grown to become one of the UK’s largest, independent finance houses. We have continued to deliver leading-edge finance solutions through a unique combination of teamwork and technology.

From this continued success we are now looking to recruit a Monitoring Analyst to allow us to continue our exciting growth plans.

Our aim is to take the service we offer to the next level, to push the boundaries of what’s available, and to create great customer experiences consistent with our values. Does that sound like something you’d like to be part of?

As a Monitoring Analyst you will support the Compliance Department in ensuring that Propel Finance meets its regulatory, legal, and governance obligations. This role is focused on delivering day to day monitoring and quality assurance activity, helping to identify risks, ensure controls are effective, and drive improvements across the business.

Role responsibilities:

Monitoring & Assurance

Carry out thematic monitoring reviews, file checks, and QA testing in line with the monitoring and quality assurance framework.
Document and escalate findings clearly, highlighting risks and recommending remedial actions.
Support the tracking of open actions and assist in verifying closure of remedial work.
Assist in preparing monitoring reports for the Compliance & Monitoring Manager.
Make recommendations for enhancements to the monitoring framework as well as potential topics for future thematic reviews.

Compliance Support

Support colleagues with regulatory queries by providing accurate and timely information.
Contribute to fraud prevention activities.

Governance & Reporting

Contribute to MI reporting for internal stakeholders, collating data on monitoring activity and compliance performance.
Ensure that monitoring documentation is maintained and up to date.

Collaboration & Development

Work closely with colleagues across the business to ensure understanding of compliance requirements.
Take part in training and development opportunities to build knowledge of FCA regulations and assurance skills.
Support team initiatives to embed a strong culture of compliance, transparency, and accountability.

Key skills required

Previous experience in compliance, assurance or risk role within financial services
Good working knowledge of FCA regulation, particularly Consumer Duty, CONC, SYSC and DISP.
A-Level qualifications or higher
Proactive and inquisitive approach with a willingness to learn
Excellent analytical skills with a keen attention to detail

So, why would you want to work here?

We have a great working environment and we’re an ambitious business. We achieve so much because of our people. Everyone in the business, no matter their team or role can shape the outcome, share ideas, make suggestions, and have their voice heard. It’s a truly collaborative place to work.

At Propel, we embrace hybrid working and with modern offices in Newport, London and Manchester, plus a field-based sales team, you’ll never be too far away from colleagues.

This role is based out of Propels’ Newport office, it is hybrid requiring 2 days a week in the office (Monday and Thursday).

Benefits you can expect:

25 days annual leave + bank holidays
2 additional days holiday after 5 years’ service
Birthday day off
Opt in Private Medical Insurance
Subsidised gym membership at £18.75 a month
Cycle to Work Scheme
Electric Car Scheme
Buy Annual Leave Scheme
Half day seasonal shopping
Auto enrolment pension – 3% employer contribution subject to eligibility
Life Assurance 3 x basic salary
Employee Assistance Programme available 24/7
Company events and reward schemes

We are proud to be a member of Stonewall’s Diversity Champions programme and are committed to improving workplace inclusion.

The Curve Group is Propel’s outsource partner for Recruitment and a "Data Processor". The Curve Group will hold the information you submit but Propel will have access to it. You can find their privacy policy here: https://www.thecurvegroup.co.uk/privacy-policy/

Propel Finance

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