Responsibilities

• To ensure that the overall compliance strategy for the UK is implemented within PRG and in accordance with agreed timescales and aligned to PAG/PCGB requirements
• Work with relevant stakeholders to interpret new regulations/directives and partner with relevant functions within the organisation to implement and adapt to work within the Retail environment
• To provide assurance to local management that processes are being followed through the management of the Groups internal audit function (currently outsourced), ensuring the audit program meets the business needs and requirements, reporting results to the ECM, communicating to the relevant functions, whilst developing improvement plans and monitoring and communicating impact of plans
• Responsibility for the Compliance Management System (CMS) for PRG to identify and manage internal directive and external regulatory requirements:
• Oversight of existing and potential new tools within the business to ensure Know your Customer ("KYC") requirements and obligations around Anti-money laundering (FCA) are met
• Advise and assist key stakeholder to meet their compliance requirement including impact of new and changing regulations and industry standards (e.g. Treating customers fairly to Consumer Duty)
• Development of risk management strategies and implementation plans, methods, implementation assistance and processes for implementing the compliance requirements supporting the growth of a compliance-centric culture
• Manage the central Directive & Policy Framework for PRG to ensure it is up to date and accessible, working with key stakeholders to a regular review schedule
• Oversee and continuously develop management reporting of the risks and compliance topic implementation etc within the organisation (Includes monitoring of the compliance helpdesk)
•