The role is part of a growing Operational Governance team focussed on driving strong governance across the business, the role has a particular focus on Product Governance, ensuring compliance with relevant regulatory requirements.
Role responsibilities will include:
Manage and guide processes and procedures relating to all areas of compliance in the business units, with a particular focus on product governance.
Educate and influence business verticals, enabling the business to understand the impacts of the regulatory requirements within the landscape of their specialism, particularly in relation to product governance.
Build an awareness of existing and emerging product lines across all business verticals.
Oversee the database of business class products, ensuring all required information is captured and adheres to regulatory standards.
Embed and monitor robust procedures within the business that safeguard the compliance agenda is considered when introducing or changing products.
Analyse and report timely risk exposure in the context of business unit products to the Head of Operational Governance and central Risk & Compliance function.
Work proactively with Compliance and Internal Audit on identified risks, appetite for risk and mitigating controls, particularly in the context of existing and new product lines.
Drive consistency across the business, maintaining there is a common understanding of the importance of governance across all business processes.
Competencies/Experience
Previous compliance/governance experience at a mid-level in an Insurance Broking organisation.
Deep understanding of FCA regulatory rules, including Product Governance and Consumer Duty
Proven ability to develop efficient workflow procedures in working with the business.
Personal presence to interface with senior management of other business units, Line 2 and 3 and other stakeholders
Proven ability to be flexible and adaptable to an ever-changing environment.
An understanding or of a working knowledge of Microsoft products (Word, Excel, Outlook, Visio) or similar software applications.
Ability to be professional and tactful in educating on change, to listen, be influential and persuasive to achieve objectives.
Ability to communicate effectively and professionally both verbally and in writing internally and with external parties.
Excellent ability to manage time, prioritise and ensure that deadlines are met and when under pressure without compromising quality.
Proven presentation skills in both preparation, delivery and in a number of formats.
Ability to demonstrate positive working relationships with key stakeholders.
