Alan K.
About Alan K.
Alan K. serves as the Head of Compliance UK at PRA Group, where he has worked since 2014. He has a background in compliance and risk management, having held various roles in the financial sector, including positions at Cash Store Financial and Focus DIY.
Work at PRA Group
Alan K. has served as the Head of Compliance UK at PRA Group since 2014. In this role, he manages the second line of defense within the company's UK compliance operation. His responsibilities include overseeing compliance operations and ensuring adherence to regulatory standards. He also spearheads Seller/Vendor engagement and manages senior-level relationships, contributing to the firm's operational effectiveness.
Previous Experience in Compliance and Risk Management
Before joining PRA Group, Alan K. worked at Cash Store Financial, where he held multiple positions, including Compliance & Risk Manager and Head of Audit UK from 2012 to 2014. He also served as a Regional Manager for seven months in 2012. His experience in compliance and risk management has been instrumental in developing strong working relationships with the Financial Conduct Authority (FCA) and collaborating on periodic reviews.
Background in Retail Management
Alan K. began his career in retail management, working as a Branch Manager at Focus DIY from 1993 to 1998. This five-year tenure provided him with foundational management skills that he later applied in his compliance roles. His diverse background in both retail and compliance has equipped him with a unique perspective on operational management.
Education and Expertise
Alan K. studied at Grange Academy from 1982 to 1987, where he achieved highers in English, Mathematics, Arithmetic, and Modern Studies. This educational background supports his expertise in compliance and risk management, enabling him to effectively deliver reports and governance audits to both UK and Global boards.
Regulatory Engagement and Responsibilities
In his current role, Alan K. deputizes as the Money Laundering Reporting Officer (MLRO) for PRA Group in the UK. He has been invited to participate in the FCA's Collection Practice Thematic review, which has provided him with valuable insights into regulatory practices. Additionally, he designs remediation plans and collaborates with Operations departments to agree on timescales for closure.