Senior Compliance Business Partner - Regulatory Developments

Bupa; Salford; Hybrid; GBP 59,000 - 70,000; Full time

Job summary

An established industry player is seeking a Senior Compliance Manager to oversee regulatory developments and ensure compliance with FCA regulations. This role is vital for managing regulatory risks and providing expert advice, directly supporting the insurance business's mission. You will engage with various stakeholders, lead compliance initiatives, and enhance the risk management framework. Join a forward-thinking company that values diversity and offers a range of benefits, including health insurance and flexible working arrangements, all aimed at fostering a healthier workplace for its employees.

Benefits

25 days holiday

Bupa health insurance

Enhanced pension plan

Annual performance-based bonus

Onsite gyms or local discounts

Various online discounts

Qualifications

• Significant experience in FCA regulatory advisory roles is essential.
• Strong knowledge of FCA handbook and regulatory expectations required.

Responsibilities

• Provide compliance advice and support for regulatory changes.
• Develop understanding of business operations for effective engagement.
• Lead and support colleagues on regulatory developments.

Skills

FCA regulatory advisory

FCA handbook knowledge

Business process improvement

Communication skills

Stakeholder management

Risk and regulatory policies

Self-starter initiative

Education

Degree level education

Job description

Job Description:

Job Title: Senior Compliance Manager – Regulatory Developments
Salary: From £59,900 per annum (dependant on experience and location)
Location status: Hybrid Working
Location: Staines Or Salford Quays
Contract Type: Permanent
Shift pattern: Full-time

We make health happen

At Bupa, our purpose is to help people live longer, healthier, happier lives and make a better world. As a Senior Compliance Manager – Regulatory Developments, you will play a crucial role in managing regulatory risk and providing expert advice on the regulatory environment. Your work will directly support our mission by ensuring that we meet our regulatory accountabilities and maintain the highest standards of compliance. This role offers a unique opportunity to be part of a team that drives the regulatory agenda and supports the entire insurance business within the BGUK Market Unit.

Key Responsibilities

• Provide professional and practical compliance advice to business functions, supporting ongoing compliance through the implementation of regulatory change.

• Offer robust challenge and oversight to new initiatives, major projects, regulatory changes, and large remediation exercises.
• Develop a comprehensive understanding of business operations to enable effective engagement and support.
• Maintain a detailed understanding of current and future regulatory themes and industry best practices.
• Lead and support colleagues within Risk and Compliance on regulatory developments, ensuring effective handover and collaboration.
• Contribute to the enhancement of the insurance business risk management framework.
• Raise awareness and improve understanding of regulatory requirements through training and communication programmes.
• Support the Regulatory Compliance Director Insurance and senior management team in embedding a strong compliance and conduct culture.
• Deputise for the Head of Regulatory Developments as needed, attending senior committees and programme boards.
• Maintain the PRA rules map and ensure timely communication to the Controls and Standards team.

What We’re Looking For

• Significant experience in an FCA regulatory advisory role.

• Strong knowledge of the FCA handbook and regulatory expectations.
• Proven ability to generate recommendations that improve business processes.
• Excellent communication skills, both written and oral.
• Ability to work under pressure and manage multiple business stakeholders.
• Practical experience in developing and implementing business risk and regulatory policies.
• Educated to degree level preferred but not essential.
• Self-starter with the ability to plan and work on own initiative.

Benefits

Our benefits are designed to make health happen for our people. Viva is our global wellbeing programme and includes all aspects of our health – from mental and physical, to financial, social and environmental wellbeing. We support flexible working and have a range of family friendly benefits.

• 25 days holiday, increasing through length of service, with option to buy or sell
• Bupa health insurance as a benefit in kind
• An enhanced pension plan and life insurance
• Annual performance-based bonus
• Onsite gyms or local discounts where no onsite gym available
• Various other benefits and online discounts

Why Bupa

We’re a health insurer and provider. With no shareholders, our customers are our focus. Our people are all driven by the same purpose – helping people live longer, healthier, happier lives and making a better world. We make health happen by being brave, caring and responsible in everything we do.

We encourage all of our people to “Be you at Bupa”, we champion diversity, and we understand the importance of our people representing the communities and customers we serve. That’s why we especially encourage applications from people with diverse backgrounds and experiences.

Bupa is a Level 2 Disability Confident Employer. This means we aim to offer an interview/assessment to every disabled applicant who meets the minimum criteria for the role. We’ll make sure you are treated fairly and offer reasonable adjustments as part of our recruitment process to anyone that needs them.

If you require information regarding this role in an alternative format, please email: [e-mail]

Time Type:

Full time

Job Area:

Legal, Risk & Audit

Locations:

Bupa Place, Staines - Willow House