Head of Compliance

Recruiter
N Brown Group
Location
Manchester
Salary
£68000/annum
Posted
17 Jun 2017
Closes
17 Jul 2017
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
JD Williams / N Brown group a leading FTSE 250 internet and catalogue home shopping company with over 150 years of distance shopping experience is seeking a Head of Compliance based in Manchester to join its expanding team.

Best known for our 3 power brands; Simply Be, Jacamo and of course JD Williams, we turned over £818 million in 2014/2015, with a pre-tax profit of £86.2 million.

Our vision is to become a leading digital retailer and to continue to expand our active customer base of over 4 million, becoming the universally loved experts in fashion that fits by helping our customers` look and feel amazing through our trusted family of over 20 brands.

As the Head of Compliance your duties will include:

- Production of a rolling compliance plan that is issued and agreed with the J D Williams Board showing both key regulatory risks & developments and business changes that have a regulatory impact over the forthcoming 12 – 18 months; then reporting progress against this plan to the Board and relevant Senior Management across the business, including Regulatory Changes Committee (RCC) and audit committee as appropriate.
- Production and delivery of a rolling monitoring plans and quality review plans that are issued and agreed with the RCC and audit committee reflecting regulatory and business risks.
- Ensuring policy statements are approved and subsequently communicated to relevant business areas.
- Ensuring that internal policies and procedures (including financial promotion sign-offs, training, remuneration and incentive schemes, conflicts of interest etc) are managed, reviewed and approved, and subsequently monitored.
- Evidencing that control improvements and corrective actions to mitigate regulatory risks are identified and recommended to management, based on an acceptable and practicable timeframe.
- Providing ongoing reports so that management is made aware of such improvements.
- Engaging effectively with management to implement agreed control improvements on a timely basis, performing such follow-up work as compliance deems necessary to ensure the improvements are both adequate and effective.
- Ensuring regulatory reports and (subject to sign-off by other FCA Approved Persons) incidents are notified to Regulators as required.

To be a successful Head of Compliance you will have the following skills and experience:

- Substantial experience of working within a financial services business.
- Evidence of Engaging with regulators and other third parties.
- Knowledge of Retail and FS products / processes.
- FCA high level requirements (PRIN, SYSC etc.)

 

In return, the Head of Compliance will receive a salary of up to £68,000 per annum plus excellent benefits, great training, varied and interesting development opportunities.

Employees in our business may have access to our customers` personal data therefore for a number of our roles, offers of employment are subject to a satisfactory criminal record check.

Having a criminal record will not necessarily prevent an individual from obtaining a position with JD Williams