Conduct and Compliance Risk Manager

Sainsbury's Limited; Greater London; On-site; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Colleague discount

Pension scheme

Life cover

Performance bonus up to 20%

Private healthcare

Cycle to work

Season ticket loans

Employee Assistance Programme

Maternity leave pay (up to 26 weeks)

Paternity leave (up to 4 weeks)

Job summary

Sainsbury's is seeking a Conduct & Compliance Manager to lead conduct and regulatory risk across our UK Financial Services propositions. You will own the Conduct & Compliance Framework, advise senior stakeholders, and maintain our day-to-day relationship with the FCA.

You’ll ensure Consumer Duty and SMCR compliance, translate complex rules into actionable requirements, and support governance across the business to deliver good outcomes for customers.

Qualifications

• Significant experience in a senior compliance or regulatory risk role.
• Strong knowledge of the FCA Handbook and consumer credit.
• Experience with Consumer Duty and SMCR.
• Experience engaging with the FCA and supervisory approaches.
• Ability to translate complex regulatory requirements into practical business needs.
• Experience designing risk-based compliance monitoring and oversight.
• Strong stakeholder management with senior/Board-level colleagues.

Responsibilities

• Lead conduct and compliance across our Financial Services propositions.
• Own and continually develop the Conduct & Compliance Framework.
• Lead risk assessment, monitoring and regulatory change processes.
• Coordinate regulatory requests, reviews, visits and FCA interactions.
• Provide trusted advice to senior management and governance committees.

Skills

Senior compliance

Regulatory risk management

FCA Handbook knowledge

Consumer Duty knowledge

SMCR experience

Stakeholder management

Job description

We’d all like amazing work to do, and real work-life balance. That’s waiting for you here at Sainsbury’s. For a FTSE business, we move incredibly fast. When we’re not leading projects, we’re supporting teams across the wider group to achieve their goals. And here, you can see the impact of your work as soon as you walk into a store, giving you a real sense of purpose and responsibility. Better still, the team around you will listen to your ideas and opinions, and you’ll have every chance to try something new. The scale and complexity of our business mean there’s always something new to learn, and we’ll support you every step of the way. We’re trusted to get on with it. So get ready to make things happen.

Why join us

This is a key role for Argos, giving you the opportunity to shape how we manage conduct and compliance risk across our Financial Services propositions.

As our Conduct & Compliance Manager, you’ll be our subject matter expert, helping us navigate an evolving regulatory landscape while ensuring we continue to meet our FCA obligations and deliver good outcomes for customers.

You’ll own our Conduct & Compliance Framework, provide trusted advice and challenge to senior stakeholders, and lead our day-to-day relationship with the FCA. It’s a role with real breadth and visibility, where you’ll have the opportunity to influence decisions, strengthen our approach to compliance and make an impact across the business.

What You’ll Do

You’ll take the lead on conduct and compliance across our Financial Services propositions, owning and continually developing our Conduct & Compliance Framework and leading our approach to risk assessment, monitoring and regulatory change.

You’ll keep ahead of developments in the regulatory landscape, helping the business understand what they mean and translating complex requirements into clear, practical actions. You’ll also lead our risk-based Compliance Monitoring Plan, providing appropriate oversight across our business, suppliers and partners.

A key part of the role will be leading our day-to-day relationship with the FCA, coordinating regulatory requests, reviews, visits, notifications and applications. You’ll act as our compliance expert for Consumer Duty and lead the compliance framework supporting SMCR, ensuring we have the right oversight and processes in place.

Alongside this, you’ll provide trusted advice and constructive challenge to stakeholders across the business, including senior management and governance committees. You’ll bring clarity to emerging regulatory risks and issues, support effective decision-making and help ensure we continue to deliver good outcomes for our customers.

Essential Criteria

To be successful in this role, you’ll need:

• Significant experience in a senior compliance or regulatory risk role within a UK-regulated financial services business.
• Strong working knowledge of the FCA Handbook and regulatory requirements relevant to consumer credit.
• Strong practical knowledge of Consumer Duty and SMCR.
• Experience engaging directly with the FCA and a strong understanding of its supervisory approach.
• Experience translating complex regulatory requirements into practical business requirements, controls and solutions.
• Experience designing or delivering risk-based compliance monitoring and oversight.
• Strong stakeholder management and influencing skills, with confidence working with senior and Board-level stakeholders.
• Strong judgement and the ability to reach well-reasoned conclusions when dealing with complex or incomplete information.

We are committed to being a truly inclusive retailer so you’ll be welcomed whoever you are and wherever you work. Around here, there’s always the chance to try something new — whether that’s as part of an evolving team or somewhere else across the business - and we take development seriously and promise to support you. We also recognise and celebrate colleagues when they go the extra mile and, where possible, offer flexible working. When you join our team, we’ll also offer you an amazing range of benefits. Here are some of them:

Starting off with colleague discount, you'll be able to save 10% on your shopping online and instore at Sainsbury's, Argos, TU and Habitat, and we regularly increase the discount to 15% at points during the year. We've also got you covered for your future with our pensions scheme and life cover. You'll also be able to share in our success as you may be eligible for a performance-related bonus of up to 20% of salary, depending on how we perform.

Your wellbeing is important to us too. You'll receive an annual holiday allowance, and you can buy up to an additional week's holiday, and we provide private healthcare. We also offer other benefits that will help your money go further such as season ticket loans, interest free car loan of up to £10k, cycle to work scheme, health cash plans, salary advance (where you can access some of your pay before pay day) as well access to a great range of discounts from hundreds of other retailers. And if you ever need it there is also an Employee Assistance Programme.

Moments that matter are as important to us as they are to you which is why we give up to 26 weeks’ pay for maternity or adoption leave and up to 4 weeks’ pay for paternity leave.

Please see www.sainsburys.jobs for a range of our benefits (note, length of service and eligibility criteria may apply).