Compliance Manager - West Sussex, United Kingdom - Edenbrook

Description

New Compliance Advice Manager working with a rapidly growing financial services function. 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) background
• Regulatory or Compliance certifications: e.g. CII, CISI, ICA, etc
• Experience in Data Protection, SMCR, Retail Investment, Life Insurance, Pensions