Compliance Consultant

at  PHOENIX group

WHO ARE WE?

We want to be the best place that any of our 7,400 colleagues have ever worked.
We’re the UK’s largest long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We’re a FTSE 100 business that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.
At Standard Life, we are committed to helping people live a life of opportunity. That’s why we encourage initiative and proactive thinking and action. Because there’s nothing, we value more than actively facing the future, rather than just looking forward to it. On the way there, exciting tasks and considerable scope for decision-making await you in an international environment.
If you would like to work in a growing, ambitious, and dynamic company, you have come to the right place!

KEY SKILLS

• Understanding of life and pensions products and the markets Standard Life operates in
• Knowledge of the relevant law and practices
• Strong judgement, drive and ability to influence at all levels of the organisation.
• Good relationship and stakeholder management experience
• Knowledge of Irish financial services business and regulatory context.
• Knowledge of CBI process and philosophy
• Legal, Financial or risk management qualification or equivalent experience.
• Highly developed verbal and written communication skills, negotiating and influencing skills.
• Excellent organisation skills, including the ability to work under pressure, meet deadlines and be self-directing.
• Fully conversant in software business applications (Word, Excel, Powerpoint, Project & Explorer)

ROLE CONTEXT-

An opportunity has arisen for an individual to join the ROI Risk & Compliance Team as a Regulatory Relationship Consultant. The successful candidate will support the Regulatory Relationship Team in meeting the requirements and expectations of the Regulators and address these in order to achieve the Group’s strategic business objectives. This role will be integral in coordinating activity in support of the regulatory relationships such as information requests and supporting meetings.

THE ROLE

• Work closely with the individuals in the team to ensure timelines agreed with the regulator are appropriate and achievable.
• Develop a strong understanding of each regulatory relationship so that you can help the business meet the CBI expectations.
• Coordinating thematic reviews and deep dives from the CBI including information requests and interviews.
• Maintain an up to date knowledge of regulatory developments, priorities within the Group and matters under discussion with both regulators to ensure engagement remains appropriate and consistent.
• Liaise with the business to ensure Risk Mitigation Programmes (RMPs) issued by the CBI are completed and reported in a timely manner and that there is appropriate ownership and accountability documented for same.
• Produce qualitative and quantitative MI to support the team to meet its reporting requirements to the different Boards and their Committees.
• Provide support to the team in collecting information to support the collation of briefing packs for Board members and Executives who are required to meet the CBI.
• Active management of the controls framework supporting the recording, logging and tracking of regulatory engagement.
• Help coordinate the completion of activity associated with the CBI’s requirements to ensure deadlines are met and of an appropriate standard
• Provide note taking support to matters under discussion with the regulators and produce high quality summaries for sharing with senior management in the business.
• Liaise with colleagues to develop and enhance processes in the team for the collection and use of MI to better inform our interactions with the regulators