Compliance Officer, Manchester

COMPLIANCE OFFICER ROLE - Immediate Start - South Manchester

Our client a growing brokerage in South Manchester is seeking a Compliance officer for a full time role in the first year and then the option to go part-time the following year.

The role is for a Senior FCA Compliance Officer to be responsible for ensuring the group complies with FCA regulatory requirements, and the implementation of our FCA compliance and risk management framework. The role holder will be involved in the identification, analysis and explanation of regulatory topics and themes, and will be required to advise the business on key developments and how they will impact the group. This role also acts as the final escalation point for our customers’ complaints, liaising with the Financial Ombudsman Service (FOS) when required.

Direct Reports: None

Reports to: General Counsel

Responsibilities of the role (What we want you to do)

1. Use regulatory knowledge and expertise to ensure the business meets all relevant FCA regulatory requirements.

2. Implement and embed the compliance and risk management framework for the group’s FCA regulated businesses.

3. Maintain an in-depth knowledge of current and future regulatory trends and complete horizon scanning activity to identify, make recommendations and implement any necessary adjustments in the light of changes to the regulatory landscape.

4. Maintain close, constructive working relationships with the Financial Ombudsman Service, external advisers and industry peers.

5. Ensure complete and accurate internal compliance and CPD records and production of Management Information.

6. Promote and embed a strong compliance culture across the business by role modelling expected behaviours and challenging behaviours that don’t align with expectations.

7. Identify and remediate any areas of non-compliance with our products and services which are subject to FCA regulation.

Experience

1. A minimum 4 years’ experience working within an FCA Compliance role.

2. In-depth knowledge of the UK regulatory framework within the financial services and, in particular, the insurance sector.

3. Knowledge of the FCA Handbook, specifically CASS, DISP, and SYSC.

4. Commercial awareness and the ability to balance business needs with regulatory requirements.

5. Relatable and positive experience of working in a fast-paced transforming organisation, where everything isn’t perfect, but we’re working hard to get there.

6. Experience in designing and delivering FCA Compliance and risk management frameworks.

7. Experience in conducting compliance and risk gap analysis, and successfully addressing any identified issues.

For a full job specification contact The YES Agency