Compliance Manager, Finance & Banking

Title:
Compliance Advice & Assurance Manager

New Compliance Advice & Assurance Manager working with a rapidly growing financial services firm. Reporting into the Head of Compliance, you will play a key role in championing Consumer Duty and scrutinising regulatory matters.

Key Responsibilities:

• Provide sound, accurate advice on regulatory matters affecting the business, that will enable the business to operate in accordance with industry best practice as well as meeting regulatory standards.
• Provide input into the Compliance, Consumer Duty, Data Protection, & Financial Crime Risk Management Frameworks and Policies
• Keep up to date with regulatory change to ensure all applicable regulation and its impact on the business is identified at an early stage.
• Working closely with first line colleagues to help them understand fully their first line risk management/compliance responsibilities.
• Provide advice and guidance to the business on technical regulatory issues, utilising broad financial services knowledge to contribute to in‑house policy changes, analysing the impact of regulatory changes, appreciating when potential issues require escalating, and ensuring the implementation of any required changes to internal policies/procedures
• Conduct research and provide subject matter expert advice on all regulatory matters: FCA Handbook, Data Protection, PRA regulation and have awareness of financial legislation.
• Meet regulatory/legislative timescales providing well‑structured, well‑considered summaries of proposed regulatory change to the business and collating responses to the regulator as required
• Manage regulatory contact such as regulatory returns, applications and data requests.
• To participate in, and at times lead, projects and initiatives in support of improving the processes and products offered to customers.
• To produce MI and regulatory update reports for presentation at various levels of committees including regulatory timeline updates to the Executive and the Board

Key

Skills and Experience:

• Compliance within Financial Services (ideally insurance or investments) background
• Regulatory or Compliance certifications: e.g. CII, CISI, ICA, etc
• Experience in Compliance Advisory/ Business Partnering or Monitoring/ Assurance