Compliance Controller - Liverpool, United Kingdom - The Granite Group

The Granite Group

Verified Company

Liverpool, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The Compliance team plays a critical role in protecting the assets, reputation and sustainability of the Group.

The team adds value through helping improve the internal control system; bringing a rigorous approach to evaluating and improving the effectiveness of risk management, control and governance processes.

As a Compliance Controller you will contribute to and support the group's governance, risk and compliance framework; responsible for the day to day management of the Compliance function where you will collaborate with all business functions to an appropriate level of stakeholder management, reporting and ensuring best practices are shared amongst the business.

Role:
Compliance Controller

Location:
Hybrid with office days in Liverpool

Working hours: 37.5 hours, Monday to Friday from 9am to 5:30pm

Salary:
up to £40,000

What you will be doing:

Lead on operational implementation of legislation and regulation, subsequently monitoring adherence.
Operate the Compliance Monitoring Programme, ensuring all activities are fulfilled correctly and on time.
Provide operational compliance advice/approval to business functions in efficient and effective manner, ensuring the operational activity in question is understood fully before providing advice. Keeping detailed records of all compliance approvals provided.
Support an environment that balances innovation and compliance to result in a cando culture.
Identify compliance and risk issues and provide solutions in a timely manner.
Be a key contact for staff who act as the first line of defence engagement to guide on conduct risk and compliance issues.
Regularly review existing products, services and related materials.
Ensuring that all staff are aware of, and comply with, the firm's own procedures and all relevant FCA requirements in relation to selling practices.
Ensure appropriate operational controls are in place to manage conduct risk.
Maintain compliance &/or regulatory policies, procedures and processes to ensure they support the business in satisfying compliance requirements and reflects operations.
Provide operational updates and MI on compliance matters to senior management regularly.
Provide highlevel compliance operational updates and MI quarterly to the Audit, Risk and Compliance Committee.
Ensure compliance information is cascaded to all staff and ensure compliance is covered appropriately in the training programme.
Establish and implement suite of operational compliance requirements for all products, services and channels.

- .

Record and manage any noncompliance incidents or notifiable breaches, reporting to the Compliance Officer
Record and manage risk incidents, ensuring they are resolved and the incident log is up to date at all times. Reporting to the Compliance Officer immediately.
Perform risk assessments on compliance matters across operational business functions.
Ensure effective compliance and risk controls are operational in respect of subbroker and appointed representative activities.
Keep up to date with industry knowledge to ensure appropriate competency levels are maintained including, keeping abreast of FCA and other applicable regulatory developments.
Identify opportunities to enhance operational efficiency and effectiveness in a compliant manner.
Ensure compliance projects are delivered on time, fully documented, and have received appropriate approval from Head of Compliance & Risk or Audit, Risk and Compliance Committee.
Be accountable for meeting deliverables, KPIs, and objectives, implementing feedback provided.
Operate and champion the Group's Governance, Risk and Compliance platform.
Build and maintain strong working relationships internally.
Promoting compliance culture and riskawareness.

What we're looking for:

Detailed knowledge of FCA regulations.
The ability to support and influence colleagues in relation to their compliance and risk responsibilities.
Experience of performing in and / or leading highly effective teams; identifying / implementing improvements to operating methodologies and inspiring excellent performance.
Tenacity to investigate areas of concern across all business functions.
An ability to interpret, understand, maintain and advise the business on a broad range or legal and regulatory issues.
Strong reporting skills.
Good at cultivating relationships with stakeholders and within the Granite group, building trust that facilitates an open mindset and free exchange of information.
Function independently, on own initiative and multitask in a dynamic, changing environment.
Excellent presentation and communication (oral and written), and project management skills.
Ability to adapt communication style to tailor approach to suit varied stakeholder needs.

About Acorn Insurance
We are a growing business with great opportunities to build your knowledge of the financial services industry. As a specialist in