MAIN ACCOUNTABILITIES:

• Horizon scanning and regulatory awareness – oversee horizon scanning activities to identify and escalate new and emerging regulatory and legal requirements applicable to the FS Division, ensuring the business remains informed and compliant

• Stakeholder communication – communicate regulatory changes, their implications, and recommended actions clearly and effectively to key business stakeholders

• Business Partnering and stakeholder support – Partner with business functions to embed compliance into their operations, fostering a culture of accountability and collaboration across the business.
• Regulatory expertise and interpretation – act as the Subject Matter Expert (SME) on FCA regulatory and legal requirements, providing practical and understandable guidance to ensure compliance and alignment with business objectives
• Strategic advice and challenge – provide advice, guidance and constructive challenge on complex regulatory changes, business initiatives and internal projects to drive informed decision-making
• Regulatory and committee engagement –
• Support the Head of and Chief Risk Officer (CRO) in timely and accurate interactions with regulators.
• Prepare and deliver committee reporting, ensuring accuracy and relevance and represent the 2nd Line at committee meetings when required.
• Regulatory reporting oversight – manage the completion and submission of all regulatory reporting, ensuring accuracy and compliance with deadlines.
• SM&CR Governance – oversee the Senior Managers and Certification Regime (SM&CR) application processes, providing expert advice and guidance on associated governance and compliance requirements.
• Support for Appointed Representatives – oversee and ensure the delivery of exceptional support to appointed representatives via the compliance inbox and inbound calls, contributing to the business’s vision.
• Hygiene Factors – accountable for the development, implementation and compliance of critical business areas including conflict of interest, anti-bribery and corruption, whistleblowing, and where applicable fraud and AML risk assessments

KNOWLEDGE & EXPERTISE:

• Strong and detailed knowledge of the FCA Handbook and the regulatory framework governing mortgage, protection, and insurance market. In particular, the Appointed Representative Regime, Approved Persons, Consumer Duty and SM&CR.
• A good understanding of other industry rules relevant to the Network model, for example, GDPR
• Excellent communication skills (verbal and written). Be able to speak as a SME on all regulatory topics to the first line on regulatory matters
• Ability to apply professional judgement and experience to interpretation of complex regulation while being conscientious to applicable business models and objectives
• Strong analytical and problem-solving skills, with a pragmatic approach to risk and regulatory interpretation
• Be able to engage with confidence and exert strong influence at all levels of the business
• Ability to build strong relationships, overcome objections, negotiate, liaise, and gain agreement at all levels of the business
• Knowledge and understanding of the risks inherent in a Network business model – desirable
• Has achieved an industry recognised professional compliance qualification, for example, ICA Diploma in Governance, Risk & Compliance is preferable.
• 5+ years Financial Services experience, ideally in second line roles
• Experience of interpretation and providing advice and challenge to first line business stakeholders
• Ideally achieved the Certificate in Mortgage Advice and Practice (CeMAP) – as a minimum - If this has not been gained it may be that you will still be considered with a timeline to complete the qualification

Please refer the Job description for details