Compliance Policy & Advisory Lead
Full job description
Kind Consultancy
Salary: £54,000 per year
Kind Consultancy is working with a fast-growing consumer finance organisation which is currently seeking a Compliance Policy & Advisory Lead. This is a permanent role with a hybrid working model requiring 3 days per year in their Cheshire offices, with a starting salary circa £54,000dependent on experience.
Reporting to the Legal & Compliance Director, the Compliance Policy & Advisory Lead will provide advice and assist the business on a wide range of Compliance matters, including Regulatory and Conduct Risk issues, to ensure ongoing compliance with all regulatory obligations, with key responsibilities including:
* Providing expert advice, guidance and support on compliance requirements including signing off on training, and procedural documents where appropriate.
* Providing technical regulatory advice and guidance as appropriate to 1st Line operations, escalating risks and issues of concern to the Legal and Compliance Director.
* Acting as key stakeholder for applicable regulation (CONC, DISP, SYSC etc) and FCA Thematic Reviews and Guidance Papers.
* Undertaking analysis and review to support management of the Policy Framework, including governance of policies.
* Creating, reviewing and updating policies, processes, and procedures, overseeing the implementation where appropriate.
* Monitoring and assessing the impact of changes in the regulatory environment, issuing accurate and concise Briefing Notes to relevant stakeholders across the business.
* Assist in creating and maintaining a regulatory rules map that identifies the regulatory rules/guidance that apply to the business’s regulated activities
Our ideal candidate for the Compliance Policy & Advisory Lead:
* Must have detailed technical knowledge of CONC, PRIN, DISP, SYSC and legislative frameworks such as AML, Consumer Credit and the Data Protection Act including GDPR
* Has a very good overall understanding of the regulatory framework within Financial Services and demonstrable expertise in consumer credit requirements, preferably gained within the Motor Finance industry.
* Has proven Compliance Advisory experience within Financial Services, in roles involving CONC and horizon scanning
* Has the knowledge and credibility to provide written and verbal advice to 1st Line business areas on the implications of regulatory requirements
* Has knowledge of TCF principles and the delivery of fair customer outcomes, and a sound understanding of FCA expectations relating to the treatment of vulnerable customers
* Can draft policies, advisory notes and memos, operating processes and procedures
* Is able to conduct gap analyses of business processes against regulatory requirements and make recommendations for change
* Has well developed analytical skills and ability to distil complex information into high-level Briefing Notes/reports.
* Can analyse and translate regulation into workable policies, processes and procedures and is able to communicate clearly and concisely on complex regulatory compliance issues in a manner that is understandable at all levels within the business
If you’re interested in the Compliance Policy & Advisory Lead position and you have the necessary skills, knowledge and experience, please apply with an updated CV today.
To apply for this job please visit definitejobs.co.uk.