Compliance and Risk Department Manager

at  Honda

Date: 23 Jul 2024
Location: Bracknell, GB
Company: Honda Motor Europe Ltd
At Honda we embrace inclusion in our various policies, so whilst our contracts state that the hours are as required to fulfil the role with a minimum of 35 hours per week, we offer flexibility for when you work. The regular office hours are 08:00 – 16:00 Monday to Thursday with a half hour lunch break & 08:00 – 13:00 on a Friday. However, we offer flexibility of when you work with our daily flex-time start of between 07:00 and 11:00 providing that there is no business requirement.
Whilst there is no contractual right to work from home, the flexibility we offer is that you can request to work from home for a maximum of 50% of the working days in any one month, again providing there is no business requirement to attend the office.

QUALIFICATIONS, SKILLS AND EXPERIENCE REQUIRED:

• Ability to assess whether the application of regulatory rules and standards is appropriate.
• Strong Regulatory Knowledge to ideally include: CONC, PRIN, SYSC, DISP, SUP
• Ability to provide accurate and concise advice to the business.
• Strong analytical skills.
• A strong communicator, able to build key relationships both internally and externally.
• Ability to interpret regulatory rules and guidance as they apply to HFE.
• Ability to develop and effective operational risk programme.
• Be able to demonstrate a highly organised accurate approach to work.Good knowledge and use of Microsoft office programs and IT environments.
• 
  Honda is committed to the principle of equal opportunity in the workplace for all employees, temporary workers, contractors, applicants and visitors. Honda also encourages respect for the individual differences and talents of others while making full use of one’s own abilities, based on Honda’s philosophy of respect for the individual.
  At Honda, we value and celebrate diversity and are committed to being a fair, non-discriminatory company that promotes and welcomes the uniqueness and differences of people around the world. We recognise that a diverse workforce allows for different ideas and perspectives, and we encourage everyone to share them. We strive to foster a culture of belonging that is consistent with Honda’s core values and lived out in the way we work and respect each other. For us at Honda, diversifying our workforce means increasing its overall strength by providing people with equal opportunities - regardless of personal characteristics or previous careers.
  This commitment flows directly from the Honda philosophy and the belief that we are all working towards a common goal. Honda recruits, hires, trains and promotes the most qualified/experienced individuals at all levels without regard to race, origin, religion or belief, gender, sexual orientation, age, disability or any other protected characteristic.
  Job Segment: Compliance, Law, QA, Quality Assurance, Risk Management, Legal, Technology, Quality, Finance

ROLE:

The role will be within the Honda Finance Europe Risk and Compliance Department providing second line of defence to the business and reporting into the Head of Risk and Compliance. Responsibilities will include associate management, regulatory compliance advisory, risk management, internal and external audit activity and providing and maintaining up-to-date risk assessments and risk registers across the business.

MAIN RESPONSIBILITIES:

• Manage and deliver the operational Compliance and Risk function to ensure HFE meets all regulatory requirements and guidance through the ongoing review of existing processes, procedures and controls and enhancement of changes where required.
• Maintain knowledge of ongoing regulatory change including the impact on HFE and the oversight of the production of timely briefing notes to senior management and business areas as required.
• Provide day to day advice and guidance to the business on technical compliance matters.
• Be responsible for the continual embedding of compliance policies, procedures and framework which require close collaboration with or execution by the business and in particular, Consumer Duty.
• Oversight of the annual Compliance Monitoring Plan for the business which includes regulatory reporting, sampling and returns.
• Deputise for the Head of Risk and Compliance and act as a designated contact point for the Financial Conduct Authority.
• Oversight for ensuring all annual and ad hoc regulatory reporting obligations are satisfied and completed by their due date.
• Design, implement and embed an operational risk and control framework across the business.
• Guidance and oversight for the 1st line of defence to ensure that the appropriate controls and QA are in place across the operational business.
• Working with HFE business units to deliver good customer outcomes across all daily activities.
• Design and deliver training, to embed activity across the business that will strengthen control understanding and implementation.
• Co-ordinate the production of regular, accurate and timely Management Information and act as deputy chair of the Risk and Compliance Committee.
• Assist in the collation of reports where necessary to the wider HME group, including a Compliance Report for the Board of Directors.
• Conduct compliance risk assessment processes to detect process gaps and inconsistencies.
• Supervise the workload of the Compliance Department and be responsible for the management and personal development of the Compliance Associates.
• Have oversight of Compliance Breaches and Operational Incidents including managing escalation and reporting as required.