Group Risk & Compliance Manager Lloyd & Whyte Taunton

Benefact Group plc; Taunton; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A prominent financial services organization in Taunton is seeking a Group Risk & Compliance Manager to oversee compliance approvals, manage regulatory risks, and foster a culture of compliance. The ideal candidate will have a recognized qualification and expertise in FCA regulations. We offer a hybrid working model, competitive benefits, and opportunities for professional development.

Benefits

28 days annual leave plus bank holidays

Bonus scheme

Health and wellbeing benefits

Qualifications

• Experience in a regulated, compliant environment.
• Ability to engage and influence key stakeholders.
• Strong knowledge of Conduct Risk and Consumer Duty.

Responsibilities

• Oversee compliance approvals and regulatory breaches.
• Ensure timely FCA regulatory returns preparation.
• Conduct audits to ensure compliance standards.

Skills

Promoting team focus

Knowledgeable of FCA regulations

Excellent communication skills

Education

Recognised industry and/or professional Level 3 Qualification

Tools

FCA Connect System

Job description

About the role

Lloyd & Whyte, who are proudly part of Benefact Group, are looking for a Group Risk & Compliance Manager to join our Taunton 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, includingchanges 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

• 28days 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.

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 welcome applications from everyone.

We have included support for those who may need additional assistance during the recruitment process. If you need any additional support during the recruitment process, please let us know.

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