Compliance Specialist

You will be operating as part of the second line of defence by providing regulatory technical and compliance oversight and practical guidance to the business. You will play a key role in the delivery of change to meet new and upcoming regulations and the compliance strategic plan.

Your day to day will include

• Providing expert and practical regulatory guidance, to the business in relation to its products, systems, policies, processes and controls
• Providing pragmatic guidance on regulatory matters
• Acting as the compliance SME on projects, governance committees and meetings
• Analysing and interpreting conduct risk and compliance MI sharing insights
• Providing support to business areas on how to appropriately resolve any identified compliance issues, including root cause analysis and remediation
• Maintaining a deep understanding of UK financial services regulation, and upcoming regulatory change, producing summaries and a Compliance Bulletin for all employees
• Being a key member of project teams providing technical compliance input
• Engaging in advisory work to provide guidance to staff on how to comply with relevant requirements in the context of issues raised during normal business activities
• Reviewing and approving all financial promotions, marketing material and the website, escalating concerns to the Head of Compliance
• Supporting the development and review of key compliance policies, processes and controls, working with Risk and Internal Audit
• Assisting in compliance reporting for the Executive, Board and IoF

Working hours are 35 hours a week Monday to Friday. Start times can vary from 8am to 9.30am. After a successful training period there is flexibility to work from home up to 2/3 days a week

What we require:

• Good understanding of UK financial services regulation, how it applies to Foresters and the impact of the requirements
• A strong understanding of regulatory and conduct risk management practices in financial services, and what it means to deliver good customer outcomes
• Commercially sensitive and pragmatic, with the ability to take a risk-based approach on decisions that impact the business
• Confident in voicing an opinion and escalate to the Head of Compliance if uncomfortable with the decisions made by the business
• Excellent interpersonal, influencing and communication skills, including the ability to explain requirements in straightforward/ practical terms
• Solution and delivery focused, with high energy and drive, and ability to deliver through others
• Must be able to build strong relationships with key stakeholders across the business at all levels
• Excellent planning and report writing skills

What we offer you

• Company Bonus dependent on your performance and company performance
• 25 days holiday plus bank holidays
• Life Assurance (4x pensionable earnings)
• Contributory Pension scheme
• Season Ticket Loan
• 1 days paid charitable work
• Employee Assistance Programme