About the role:

Our Second Line of Defence (2LOD) Financial Crime team is pivotal in ensuring the Group complies with its sanctions obligations.

The Sanctions Compliance Lead will have a critical role in designing and implementing the Group’s sanctions oversight capabilities and approach, ensuring the sanctions risk is consistently identified and mitigated.

This opportunity isa 12 month FTC

The role holder will be accountable for owning and iterating the Group’s sanctions policies and working with all business areas to ensure its effective implementation. Equally, the focus will be on ensuring sanctions risk awareness across the Group, through training and communications and ensuring that the risk is considered in the design and ongoing operation of our controls. It will also involve leading conversations with 1st line on emerging sanctions risks and appropriate responses.

Location: Coventry and/or Manchester. Team-led hybrid working arrangements apply - up to 3 times a month in the office

Hours: 35 per week, flexible times across 5 days

Our benefits include:
• 28 days holiday a year plus bank holidays and a holiday buy/sell scheme
• Annual discretionary bonus scheme
• Personal pension with matched contributions
• Life assurance (6 times annual salary)

About you

To be successful in this role we require the following requirements:
Essential: *Significant sanctions compliance experience at a Manager or Senior Manager level, within 2nd line, with a clear track record of achievements
*You’ll have extensive experience of all applicable sanction’s regimes including UK, EU and OFAC
*Significant sanctions compliance experience at a Manager or Senior Manager level, within 2nd line
*Significant experience of applicable sanctions regimes to the Group and the corresponding regulatory expectations.
*Experience of Sanctions policy and standards drafting including insights into peer good practice.
*Insight into and experience of sanctions risk management tools and technology to ensure the Group remains effective in its risk management approaches.
About us
In 2025, Coventry Building Society purchased The Co-operative Bank. Bringing together our purpose-led building society with the UK’s original ethical bank was the start of an exciting journey.
Trusted by over four million people, we’re a mutually owned business free from shareholders, and with our combined experience of almost 300 years, our ethics and dedication will continue to guide us. Together, we have shared values and an ethical approach towards our members, customers and colleagues.
We’re officially recognised as a ’Great Place to Work’ and our benefits go beyond basic pay, with a discretionary bonus scheme, a culture of reward and recognition and comprehensive support for wellbeing.
We’re serious about equality, of race, age, faith, disability, and sexual orientation and we celebrate diversity. By working together, we know you’ll build more than just a career with us.

Flexibility and why it matters
We understand the need for flexibility, so wherever possible, we’ll consider alternative working patterns. Have a chat with us before you apply to see what the possibilities are for this role.
Proud to be a Disability Confident Committed Employer
We’re proud to offer an interview or assessment to every disabled applicant who meet the minimum criteria for our vacancies. As part of the application process, disabled applicants can opt in for the Disability Confident Interview Scheme. If there are ever occasions where it is not practicable to interview all candidates that meet the essential criteria, such as when we receive a high number of applications, we commit to interviewing disabled candidates who best meet the minimum essential and desirable criteria.