Full-Time

FCA Compliance Manager

Posted on 6/21/2024

Octopus Energy

Octopus Energy

1,001-5,000 employees

Provides affordable green energy solutions

No salary listed

Senior

London, UK + 2 more

More locations: Weybridge, UK | Brighton, UK

Requires onsite presence in London for at least one day per week, with occasional trips to Weybridge and Brighton.

Category
Legal Consulting
Consulting
Required Skills
Communications
Management
Requirements
  • 4+ years experience within a FCA regulated risk and compliance function
  • Experience in implementing the FCA Consumer Duty Rules and wider regulatory change
  • Strong understanding of the FCA’s SM&CR and the DISP, PROD, PRIN, COCON and SYSC handbooks
  • Working knowledge of financial crime requirements, FCA regulations, and JMLSG
  • Previous experience in compliance advice and monitoring work
  • Excellent written and presentation skills
  • Strong stakeholder management and ability to tailor information
  • Change and project management skills
  • Problem-solving and solution implementation skills
  • Collaboration with diverse teams
  • Passion for personal development and driving better ways of working
Responsibilities
  • Collaborating on, delivering, and strengthening risk and compliance strategy
  • Leading and reporting on risk and compliance monitoring programs
  • Overseeing fit and proper assessments under FCA’s SM&CR
  • Producing timely risk and compliance management information
  • Ensuring governance framework evolves with the business
  • Handling FCA reporting requirements and communications
  • Keeping abreast of regulatory changes
  • Delivering risk and compliance training
  • Being a key contact for risk and compliance matters
  • Building collaborative relationships with oversight functions

Octopus Energy provides affordable green energy solutions to households and businesses across multiple countries, including the UK, US, Japan, Germany, New Zealand, and Australia. The company focuses on renewable energy and utilizes technology and data to enhance its services. Its main product offerings include direct energy sales to consumers and the licensing of its proprietary Kraken technology platform to other energy providers. This platform helps streamline energy management and improve customer experience. Unlike many competitors, Octopus Energy emphasizes sustainability and offers additional services such as electric vehicle solutions. The company's goal is to make green energy accessible and affordable while promoting the use of renewable resources.

Company Size

1,001-5,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

$2.5B

Headquarters

London, United Kingdom

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into Sub-Saharan Africa opens new markets for clean energy solutions.
  • Investments in offshore wind farms position Octopus as a renewable energy leader.
  • The Kraken platform offers a competitive edge in utility digital transformation.

What critics are saying

  • Rapid market expansion may strain resources and operational capabilities.
  • Investment in Sub-Saharan Africa faces geopolitical and infrastructural challenges.
  • Launching a mobile network could divert focus from core energy operations.

What makes Octopus Energy unique

  • Octopus Energy's Kraken platform manages over 70 million accounts globally.
  • The company invests heavily in offshore wind farms, enhancing its renewable energy portfolio.
  • Strategic partnerships, like with Hyundai, expand its reach in the EV charging market.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

401(k) Company Match

Parental Leave

Flexible Work Hours

Company Equity

OE Group Share Scheme

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

1%
Octopus Energy
Jun 13th, 2025
Powering change: Octopus Energy Group and MOPO catalyse Sub-Saharan Africa’s solar energy revolution

London, 12th June – Octopus Energy Group, the global clean energy tech business, today announces a strategic investment in MOPO – a pioneering energy tech company delivering clean, reliable energy to underserved communities in Sub-Saharan Africa.

Renewable Energy Magazine
Jun 2nd, 2025
Flexibility And The Uk Grid: An Interview With Charlotte Johnson, General Manager Of Generation Flex At Kraken

Monday, 02 June 2025Can you give me a bit of background about yourself and Kraken and what it does?I’m Charlotte Johnson, the general manager of Generation Flex at Kraken. Kraken is the world’s only proven, end-to-end platform for utilities’ digitalisation and transformation, trusted by global energy giants like EDF Energy, E.ON Next, Engie, Uniper, Octopus Energy, Origin and Tokyo Gas. We manage more than 70 million accounts, over 40 GW of power – from off-shore wind to grid-scale batteries – and more than 500,000 consumer devices such as electric cars and heat pumps.How flexible is the UK grid at the moment?The UK currently has over 5 GW of grid scale storage and a few GW of consumer devices; this equates to just under 20 percent of peak demand.However, the system requires more flexibility than other European countries for two key reasons. Firstly, nearly 50 percent of our generation mix is renewable – much of it intermittent. Secondly, the UK is an island. The level of interconnection is significantly lower than that of continental European countries

Comms-Link
Apr 30th, 2025
Octopus Group Plans To Launch New Mobile Network

Octopus has hired Adam Dunlop, the former CEO of TalkTalk's consumer business, to lead this mobile project.

Renewable Energy Magazine
Apr 3rd, 2025
Octopus Energy Invests A 10 Percent Stake In East Anglia One Offshore Wind Farm

Thursday, 03 April 2025The 714 MW East Anglia One wind farm is one of the world’s largest operational wind farms and is located 43 kilometres off the coast of Suffolk, supplying green energy to the UK since 2021.It consists of 102 offshore wind turbines and is among the top 10 largest wind farms in the world, generating enough clean power to electrify around 700,000 homes a year.The latest investment by Octopus Energy is the company’s fourth investment in a British offshore wind farm and its seventh in Europe, following stakes in Hornsea One, Lincs and Walney Extension in Britain, Butendiek in Germany, and Borssele V and Borssele III & IV in the Netherlands. The company has also announced plans to enter the French offshore wind tender to develop a brand new offshore wind farm in partnership with Skyborn Renewables.Octopus Energy Generation – one of Europe’s largest renewables-only investors – has already surpassed $2 billion in offshore wind deals in two years.Octopus acquired this latest wind farm stake from Macquarie Asset Management on behalf of Vector, Octopus’ innovative offshore wind fund, which invests in fixed and floating offshore wind and pioneering tech to reduce costs.In addition to expanding its offshore wind portfolio, Octopus is also driving the creation of new wind farms globally through investments in developers and innovations like its ‘Fan Club’, which offers customers cheaper electricity when it’s windy.“Britain is blessed with strong winds and long coastlines – perfect conditions for offshore wind” said Zoisa North-Bond, CEO of Octopus Energy Generation. “The sector has become a vital pillar of our energy system over the past years, and this investment will help to turbocharge this clean technology further, bringing cheaper, greener power to people across the country.”For additional information:Octopus Energy

Octopus Energy
Mar 18th, 2025
Official Avro Octopus information page

Updated regularly - Your Avro energy account is moving to Octopus. Find all important updates and answers to the most frequently asked questions here.

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