Compliance Consultant - Product Provider Monitoring

MY LIFE
- Assisting local management in designing and implementing appropriate risk mitigation activity;
- Supplying advice and guidance on how to deliver proposed business initiatives and developments so that they are compliant, controls and procedures are robust and key business objectives are achieved (G3 only).
- To establish and maintain excellent relationships with allocated business contacts allowing the proactive identification and reporting of key regulatory risks, helping to design/approve mitigation programmes and remedial actions and influencing Management to embed best practice into local procedures, systems and controls.

KEY ACCOUNTABILITIES:

- Undertakes audits, risk assessments and causal analysis.
- Clearly communicates findings and recommendations to business management both face to face and in formal reports, as appropriate.
- Produces interpretations of highly technical regulations applying this to the numerous regulated business activities and where applicable, discussing the practical implications for the business.
- Assists in the production of accurate and succinct mandatory and ad-hoc information for the regulator and internally (including reports for the Statutory Boards/Business Executive Teams.)
- Interprets, communicates and monitors the implementation of new and changed regulatory standards to ensure senior management may effectively discharge their managerial and FCA Approved Person responsibilities and embed best practice within processes, systems and controls.
- Helps design and develop Compliance monitoring, procedures and control systems to ensure continuing compliance, cost effectiveness and timeliness.

KNOWLEDGE:

- Good knowledge of regulatory framework.
- Appropriate knowledge of the FCA Handbook and the Financial Services and Markets Acts and other relevant legislation eg PRIN, COBS, DISP, TC, SYSC, APER, ICOB and MCOB.
- Good knowledge of products processes and services.
- Risk and business awareness.

QUALIFICATIONS/EXPERIENCE:

- Some operational compliance experience in financial services industry.
- Some experience in Life and Pensions or General Insurance industry.
- Preferably FPC/ACII qualified or other relevant professional qualification or progress towards these.

IF YOU ARE IMMEDIATELY AVAILABLE AND INTERESTED IN THIS POSITION, PLEASE SEND YOUR UPDATED CV OR CALL