Compliance Manager

Porsche

Reading

On-site

GBP 90,000 - 120,000

Full time

6 days ago
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Benefits offered by this job

Annual bonus 15%
35 days holiday (incl. BHs)
Employee Car Ownership Scheme
Private Medical Insurance
Life Assurance
DC Pension Scheme
Employee Assistance Programme
Discounts on Porsche products

Job summary

Porsche Retail Group in Reading, UK seeks a Senior Compliance Lead to embed global regulatory requirements into retail operations without harming customer experience or performance.

You will work with the Executive Committee to support strategic objectives, oversee CMS, KYC/AML obligations, and lead risk-based compliance initiatives across PRG UK.

Qualifications

  • Significant experience in a Compliance, Risk, Audit, Legal, or Regulatory role.
  • Strong working knowledge of FCA regulations, AML and Consumer Duty.
  • Proven experience developing, implementing, and monitoring compliance frameworks.
  • Experience engaging and influencing senior stakeholders to embed regulatory requirements.
  • Demonstrable experience managing audits, compliance reviews, risk assessments, and remediation plans.

Responsibilities

  • Ensure the UK compliance strategy is implemented within PRG and aligned to PAG/PCGB requirements.
  • Interpret new regulations/directives and implement with relevant functions in the Retail environment.
  • Provide assurance to local management via the internal audit function and ECM reporting.
  • Oversee the Compliance Management System (CMS) for PRG to manage regulatory requirements like KYC/AML.
  • Advise stakeholders on regulatory changes and industry standards (e.g., Consumer Duty).
  • Develop risk management strategies and implementation plans to foster a compliance-centric culture.
  • Manage the central Directive & Policy Framework for PRG with regular review schedules.
  • Oversee management reporting of risks and compliance topic implementation.

Skills

Compliance
Risk management
Regulatory compliance
AML regulations
FCA regulations
Stakeholder management
Audits & controls

Education

Professional qualification in Compliance/Risk/Audit/Law

Job description

Job Purpose

Lead and manage the Compliance for Porsche Retail Group (PRG), ensuring global compliance requirements are embedded into retail operations without negatively impacting customer experience or commercial performance. Oversee PRG's adherence to all regulatory obligations, including Financial Conduct Authority (FCA) requirements, Corporate Criminal Offence compliance, and Anti-Money Laundering regulations. Act as a key member of the Executive Committee, working closely with senior leadership to support the business's strategic objectives, operational success, and continued growth.

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).

Minimum Qualifications:

  • Significant experience in a Compliance, Risk, Audit, Legal, or Regulatory role, preferably within a regulated industry.
  • Strong working knowledge of FCA regulations, Anti-Money Laundering (AML) requirements, Consumer Duty, and Corporate Criminal Offence legislation.
  • Proven experience developing, implementing, and monitoring compliance frameworks, policies, and controls.
  • Experience engaging and influencing senior stakeholders to ensure regulatory requirements are effectively embedded into business processes.
  • Demonstrable experience managing audits, compliance reviews, risk assessments, and remediation plans.

Desired Qualifications:

  • Professional qualification in Compliance, Risk Management, Audit, Law, or a related discipline (e.g., ICA, CISI, ICAEW, ACCA, CII, or equivalent).
  • Experience working within the automotive, retail, financial services, or consumer finance sectors.
  • Previous people management experience, including oversight of compliance teams and external audit providers.
  • Experience operating at executive or board level and contributing to strategic business decision-making.

Porsche Retail Group are committed to promoting a culture that champions diversity and equal opportunities. PRG believes diverse teams are catalysts of innovation and create multiple new ideas. One of our priorities is to celebrate diversity in all its dimensions while shaping an aspirational and inclusive company culture.

In return, we offer

  • Competitive salary with a 15% annual bonus
  • 35 days holiday per year (Inclusive of Bank Holidays), with extra for long service
  • Employee Car Ownership Scheme - Porsche BEV Vehicle
  • Personal Fuel Allowance
  • Private Medical Insurance
  • Life Assurance
  • DC Pension Scheme
  • Employee Assistance Programme - support and advice on issues impacting your well being
  • Preferential rates on several products and services, including high street brands. restaurants, gyms and Porsche products

Centre:

Porsche Retail Group Head Office is located at the home of Porsche Cars GB. Located conveniently just off Junction 12 of the M4, adjacent to a retail park, gym, petrol station and well-known furniture brands. Enjoy a heavily subsidised restaurant serving delicious breakfast and lunch options, along with a fantastic barista bar to fuel your day. Plus, we offer free on-site parking for all staff members.

Company:

Headquartered in Reading alongside Porsche Cars GB Ltd, Porsche Retail Group are owned wholly by Porsche Germany. We operate several Porsche Centres, Service Centres and a Trade Parts Distribution Centre in and around London and the South-East.

Our journey embodies the Porsche DNA, a love of sports cars and a passion for excellence and challenging the status quo. Our centres feature state-of-the-art facilities and highly trained staff to ensure that the purchasing, servicing, and ownership experience of Porsche customers are of the highest quality.

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