Group Risk & Compliance Manager

Lloyd & Whyte; Eastleigh; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

A leading insurance service provider in Eastleigh is seeking a Group Risk & Compliance Manager. You will oversee compliance monitoring and foster a culture of compliance within the organization. The ideal candidate will have strong knowledge of FCA regulations and effective communication skills. This role offers competitive salary, benefits, and a hybrid working arrangement.

Benefits

28 days annual leave plus bank holidays

Group Personal Pension

Bonus scheme

Health and wellbeing benefits

Qualifications

• Ability to create followership in a regulated environment.
• Effective at promoting a team focus on technical excellence.
• Commitment to continuous professional development.

Responsibilities

• Oversee compliance approvals for client journeys.
• Manage regulatory breaches and complaints.
• Prepare FCA regulatory returns accurately and timely.

Skills

Knowledgeable of FCA regulations

Effective promoter of team focus

Strong communication and networking skills

Education

Recognised industry and/or professional Level 3 Qualification

Tools

FCA Connect System

Job description

Salary: Competitive

Working hours: 35 hours per week

Duration: Permanent

Location: Eastleigh - 1/2 days per month

About The Role

Lloyd & Whyte, who are proudly part of Benefact Group, are looking for a Group Risk & Compliance Manager to join our Eastleigh office on a hybrid basis.

As Group Risk & Compliance Manager, you will ensure the effective delivery of the Annual Compliance Monitoring Programme. You will foster a culture of compliance across the organisation by promoting ongoing awareness and understanding of regulatory requirements, supporting our business strategy and objectives. Your leadership ability will be key in embedding risk management practices and ensuring the business operates within its regulatory framework.

Why join us?

Join a collaborative and inclusive culture that’s committed to making a difference and building a more sustainable future. Ranked amongst the UK’s top 50 Best Large Companies to Work For in 2024, we offer fantastic career and development opportunities within a rapidly growing, innovative Group—where all profits go to charity and good causes.

What You’ll Be Doing

• Oversee compliance approvals as required, including changes to the online and offline client journey, financial promotions and letters.
• Oversee regulatory breaches, complaints, data protection, financial crime and all other relevant regulatory and legislative requirements
• Preparation and completion of FCA regulatory returns accurately and on a timely basis e.g. Gabriel Return, Value Measures reporting etc.
• Deliver the Training & Competence Plan, ensuring supervision and monitoring is completed to a high standard and within required timescales
• Periodically conduct audits and reviews to ensure implementation of compliance standards and investigate root causes of any issues identified
• Preparation, completion and delivery of the Monthly Risk Assessments for each business
• Deliver the Risk & Compliance Monitoring Plan on a timely basis, ensuring high-quality reviews are completed in accordance with company standards
• Understand and develop own knowledge of regulatory & legislative obligations (including FCA and Data Protection) ensuring the business operates within the required standards
• Deliver added‑value recommendations to assist the business in continuously improving the regulatory control environment
• Support our people by providing induction training on Risk & Compliance and Regulation
• Evaluate and review efficiencies in all compliance processes to ensure record keeping and monitoring is consistent throughout the business

What You’ll Need To Have

• Recognised industry and/or professional Level 3 Qualification.
• Effective at promoting a team focus on technical excellence with service and quality standards at the forefront.
• Ability to create followership in a regulated, compliant and client focused environment.
• Knowledgeable of FCA regulations, in particular Conduct Risk & Consumer Duty
• Working knowledge of the FCA Connect System.

What Makes You Stand Out

• Commitment to work towards the ICO Advanced Certificate in Compliance
• Confident and capable in communicating, networking, presenting, influencing, managing relationships and providing an excellent client experience.
• Organised and resourceful with exceptional ability to project manage and delegate.

What we offer

• 28 days annual leave plus bank holidays
• Your birthday off
• Group Personal Pension
• Bonus scheme
• A holiday buy scheme
• An array of health and wellbeing benefits, company cash plan, income protection and life assurance
• Enhanced sick pay and parental leave
• Support and funding toward study and professional qualifications
• Paid time off for volunteering

Hear from the hiring manager

We are looking for someone with a fresh and friendly approach, who has the ability to challenge and then advise, supporting the business and board. If you are agile and can listen then this could be the role for you. The role will involve strong engagement within the business and the scope is wide and varied.

Lloyd & Whyte offer a range of specialist insurance services to a variety of clients. Our specialisms range from niche scheme insurance for Healthcare professionals to expert insurance for commercial motor vehicles and professional broker-to-broker insurance services. We also have a wide range of personal insurance services that cover homeowners from standard houses through to thatch & listed character properties and high value homes. The Lloyd & Whyte Group is split into five different client divisions which include multiple companies and brands.

Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade*, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.

We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135‑year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.

At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.

If you need any additional support during the recruitment process, then please let us know.

• Directory of Social Change’s UK Guides to Company Giving 2017-26