Compliance Advisory Manager - Workplace Pensions

at  Wipro Limited

INTRODUCTION:

Wipro Financial Outsourcing Services Ltd (WFOSL) is looking for a Compliance Advisory Manager – Workplace Pensions with previous experience of advising on policies and SOP’s as well as regulatory interpretation covering trust-based Workplace Pensions. This is a new role which will be at the heart of the growth agenda for the organisation. The role will have a primary focus on leading the delivery of one of our core strategic deals, whilst also contributing to the wider development of our financial outsourcing services.

MANDATORY SKILLS:

• Previous experience of advising on Policies and SOPs
• Ongoing advisory regulatory interpretation, covering trust-based Workplace Pensions
• Previous experience of contract-based pensions and other Retail Investments is desirable

QUALIFICATIONS:

• At least Degree Level / equivalent
• Relevant industry qualifications (e.g. awarded by CISI, CII, PMI)

DESIRABLE SKILLS & KNOWLEDGE:

• Expert regulatory knowledge and then how regulation applies across relevant business activities and oversight of such
• Ability to work without supervision and under pressure
• Efficient and well organised
• Strong communication skills both written and verbal
• Credible and assertive manner
• Discretion, tact and resilience
• Professional manner with the ability to influence and persuade
• Must be a skilled communicator and able to deal with a wide variety of internal stakeholders and financial regulator

As a Compliance Advisory Manager – Workplace Pensions you will:

• Help set all guidance & Policies beyond just regulatory needs
• Advise on proposed Operational Standard Operating Procedure (SOP) pre implementation and suggest amendments and/or enhanced controls where needed
• Deliver initial training as transformation commences
• Ensure aware of all regulatory changes that may affect the business, analyse as to effect and possible changes in Operations and ensure disseminated to Management as early as possible
• Where necessary during Consultation phase engage with Regulators and/or industry colleagues to ensure practical considerations take into account
• Assist in implementing any changes to SOPs required (and necessary training provided)
• Likewise engage with Regulators when business plans or regulatory permissions change
• Advise the business on regulatory interpretation as required on a day-to-day basis
• Ensure all required routine training available/delivered as transition phase commences and ongoing for onboarding employees or as annual mandatory training
• Advise on breaches and complaints management
• Liaise with/oversee offshore colleagues in same function (as to their obligation with local regulatory needs)