Working hours: 35 hours per week, Monday to Friday

Duration: Permanent

Location: Gloucester

Job ref: 201014

About the role

We have a fantastic opportunity to join our business Ecclesiastical Insurance in Gloucester.

You will identify and assimilate emerging FCA regulation and guidance relevant to Strategic Business Units (SBUs) across the Group and to liaise with SBU Compliance functions and their Senior Management to agree and implement solutions to enable compliance. As and when required, provide regulatory advice and guidance across SBU’s and conduct ad-hoc compliance monitoring activity.

This a thoroughly rewarding opportunity to make an impact within an organisation that supports charitable causes.

Key responsibilities

• Oversee and provide support on all aspects of FCA compliance across the Group and its SBUs in the UK businesses
• Provide SME input and support on conduct and compliance risk matters for overseas businesses as and when required
• Hold regular meetings with the compliance function within the SBUs to discuss regulatory matters and regulatory key metric MI
• Provide clear, pragmatic guidance to the business on complex cases and regulatory issues
• Interpret regulatory rules and guidance and convey impact to the Group by variety of means, e.g. in writing, presentations, workshops, liaising with regulators as required
• Provide or facilitate the business with compliance related training
• Oversee the follow up on remedial actions, escalating where necessary
• Provide support and guidance to SBUs to ensure that remedial actions fulfil regulatory requirements
• Identify regulatory change, assess applicability to SBUs and assist them in identifying impact and implementation plans
• Advise on the development of, review and approve relevant/compliance-related operational procedures and processes
• Represent the department on projects and provide appropriate advice and guidance
• Contribute to the development and delivery of the Compliance Function Plan
• Maintain, operate and develop departmental processes
• Assist in the compilation of the BAU assurance programme and execute activity contained there in
• Deliver compliance monitoring activity as required, covering the e2e process from scoping, fieldwork, issues agreement, reporting issuance
• Assist in the drafting of responses to regulators
• Manage compliance projects, as required
• Contribute to Group Compliance reports to senior management, commenting on key metrics, themes, horizon scanning and other relevant matters
• Escalate risks and issues to the Group Head of Compliance as appropriate
• Manage own continued professional development to ensure up to date knowledge of regulatory developments

Knowledge, skills and experience

• Proven competence across one or more of General Insurance, Investment Management, Funeral Planning and Broking and Advisory services in the UK
• Interpersonal skills suitable to interact with stakeholders at all levels
• Report writing skills
• Proven experience in designing and implementing controls, and ability to think in terms of process
• Experience in a role engaged in a regulatory environment that involved translating rules and principles into practical outcomes for a business

We will also consider applicants with relevant and transferable financial services experience outside that shown above, who are looking to develop a career in compliance

What we offer

• A competitive salary - Let's discuss it
• Flexible working 
• Competitive Group Personal Pension - up to 12% employer contribution
• Annual Bonus scheme up to 30%
• 28 days annual leave plus bank holidays 
• A holiday buy and sell scheme 
• An array of health and wellbeing benefits, including private healthcare, income protection and life assurance

About us

We are a unique financial services organisation, owned by a registered charity, Benefact Trust. We are a financially secure, professional and award-winning organisation. We pride ourselves in donating a significant proportion of our profits to good causes. To find out more about us and our fantastic achievements please visit https://benefactgroup.com/

Committed to making a difference

We think that people are looking for something worthwhile in a company beyond the workplace. Our employees are encouraged to take at least one day a year to help a charity of their choice, offering practical and professional support, as part of our MyGiving programme.

Our staff know how to work hard but also how to enjoy themselves! We pride ourselves on creating an appropriate work-life balance, valuing wellbeing, flexibility and being part of a team.