Head of Compliance

Optima Recruitment
22 Apr 2017
22 May 2017
Contract Type
Full Time

Head of Compliance

Reporting into the Managing Director, the job holder will be responsible for the development and implementation of strategy, the management and leadership of compliance and internal control arrangements that facilitate the company’s compliance with regulations, whilst maximising business efficiency.

Job Description:

  • Provide Senior Management with briefings on the impact of regulatory developments
  • Assist the business in interpreting and responding to new regulatory proposals and emerging regulatory risks
  • Provide leadership and direction to all departments on implementation and embedding relevant compliance policy and standards
  • Represent the company on industry or regulatory forums to discuss developments and gain insight to inform of the company’s activity
  • Oversee the communication and advice guidelines produced, in support of all customer facing roles
  • Develop advice strategies, standards and guidelines to ensure new products are brought to market compliantly and successfully
  • Undertake continuous regulatory benchmarking to ensure advice policies and processes are not restricting ability to achieve competitor advantage
  • Develop and agree 'quality standards’ for all departments and delivery channels ensuring the end to end advice risks are identified and owned
  • Ensure fair treatment of customers is defined and embedded throughout the business
  • Take ownership and leadership for building strategic relationships with relevant regulatory bodies and key external stakeholders
  • Key contact by managing the FCA relationship team for all compliance issues
  • Compliance lead and key contact on third party supply contracts
  • Create and manage the Compliance Review Dashboard and Compliance Monitoring Plan
  • Take overall responsibility for ensuring that there is appropriate technical expertise
  • Provide a centre of excellence for technical guidance and policy interpretation
  • Accountable for managing the function within budget

Person Specification:

  • Significant risk and compliance experience - well versed in the area of financial services operations
  • Strong commercial awareness and an ability to produce technical and policy output
  • Strong communicator / influencer evidence of effective management of stakeholders up to Board Level
  • Demonstrate experience in providing solutions to regulatory issues and taking ownership of resolution
  • People management - experience in leading and developing individuals
  • Understanding of risk controls, processes, measures and related MI/reporting
  • Ideally worked within motor related financial services or as a minimum worked within a related services sector
  • Able to produce sound working documentation and presentations, including business case proposals and requirements, briefs and presentations
  • Preferably worked within a Legal sector and/or has a strong legal awareness and knowledge
  • Appreciation of legal, regulatory and compliance issues relating to the use of customer data and is familiar with the principles captured within 'treating customers fairly’ and conduct risk

Additional Information:

  • Based in Reigate
  • Circa £65,000 plus performance based quarterly bonus
  • Employee Car Scheme
  • Company Pension Scheme
  • 27 days holiday plus option to buy an extra 5 days
  • Option for private healthcare
  • 9am - 5pm, Monday - Friday with an hour for lunch

Please note; Due to the large number of applications that we receive, if you have not had a response within 7 days, please assume that you have been unsuccessful on this occasion.

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Optima Recruitment acts as both an 'Employment Agency’ & 'Employment Business’ providing recruitment services throughout Surrey.