Senior Assurance and Compliance Manager

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Applications must be submitted by; 05-06-2026 Senior Assurance and Compliance Manager The Innovate UK Loans Assurance and Compliance Manager will report to the IUKL Deputy Director of Risk and Governance and lead in the creation and implementation of a comprehensive assurance programme for Innovate UK Loans. *Please note this advert will close on the 4th of June 2026 at 23.59pm. Watch our video "Why Join Innovate UK?" here . Title: Senior Assurance and Compliance Manager Band: UKRI Band F (UKRI Ts & Cs) Salary: £58,589 gross per annum Reports to: Deputy Director - Risk Governance Location: Swindon (Hybrid Working) Contract: Permanent Innovate UK recognises the importance of work-life balance and we will be happy to discuss any requests for flexible working arrangements. Context: The role holder will operate within the Innovate UK Loans Team which is part of the Innovation Finance Directorate. Innovate UK Loans Ltd is a wholly-owned subsidiary of UK Research and Innovation (UKRI) and is managed by Innovate UK (IUK), a council of UKRI, a non-departmental public body funded by Grant-in-Aid from the UK Government. As such, Innovate UK Loans Ltd is a non- regulated lender with its financial products outside the scope of the NCCP (National Consumer Protection Act) however, it seeks to achieve quasi FCA regulated standards. We particularly welcome female applicants as women are under-represented within Innovate UK in this type of role. Job Purpose: The Innovate UK Loans Assurance and Compliance Manager will report to the IUKL Deputy Director of Risk and Governance and lead in the creation and implementation of a comprehensive assurance programme for Innovate UK Loans. The Compliance & Assurance Manager will work closely with colleagues across the Operational Governance, Risk, Funding Assurance and Information Governance teams and other corporate colleagues to support decision-making, ensuring that Innovate UK Loans operates best practice throughout its governance, accountability, risk management and integrated assurance arrangements. You will liaise with internal audit on the planning of assurance activity and will support the UKRI Head of Governance and Management Assurance in establishing a positive and proactive culture to engaging with internal audit and completing and evidencing subsequent audit recommendations. This role may have line management responsibility, and a critical element of role is to support the organisation to succeed, leading by example, and increase knowledge and collaboration in how we manage risk across the organisation, with our senior forums, Committees and Board. Key Responsibilities and Accountabilities: Work with the IUKL Deputy Director of Risk and Governance to support the development of robust assurance arrangements for IUKL. Ensure the mechanisms, frameworks and policies meet both Shareholder (UKRI) requirements and FCA regulatory requirements. Lead the review and implementation of policies, standards and procedures for the general operation of the organisation in line with regulatory and government standards and best practice Advise on compliance matters and manage the Compliance Monitoring Plan Lead on the design and operation of an assurance framework and provide regular appropriate assurance support for the organisation to enable optimisation of risk taking to take advantages of opportunities and organisational constraints within delegated limits and risk appetite. Provide reporting to IUKL Board and the IUKL Audit and Risk Committee on Compliance Management Information and assurance plans. Monitor, analyse and communicate regulatory changes ensuring the business remains compliant with regulatory requirements (including the FCA Principles for Business, relevant FCA sourcebooks, data protection regulation, and other trade bodies' codes of conduct) Build and maintain excellent working relationships with UK Research and Innovation's internal audit provider, the Government Internal Audit Agency. Provide support to the IUKL Audit and Risk Committee to ensure the relevant updates on audit recommendation progress are provided in a timely and informative manner. Monitor organisational compliance with regards to governance, assurance and risk policies and processes, fraud and the related management information reporting the Audit and Risk Committee. Constructively challenge and advise senior stakeholders on all aspects of assurance across IUKL work with the UKRI Funding Assurance team and the IUK Assurance team to ensure all elements of lending assurance are effectively integrated into the overall assurance framework. Work closely with all teams and relevant business areas to support end to end audit and review activity in the context of risk exposure Conduct internal reviews and provide constructive challenge on the effectiveness of controls Maintain appropriate risk and assurance records in the corporate risk management system Provide balanced professional support and ch