Compliance and Regulatory Specialist

Compliance and Regulatory Specialist Bromley, Kent Up to £47,000 per annum Permanent Full time You will be operating as part of the second line of defence by providing regulatory technical and compliance oversight and practical guidance to the business. You will play a key role in the delivery of change to meet new and upcoming regulations and the compliance strategic plan. Your day to day will include :

• Providing expert and practical regulatory guidance, to the business in relation to its products, systems, policies, processes and controls.
• Providing pragmatic guidance on regulatory matters.
• Acting as the compliance SME on projects, governance committees and meetings.
• Analysing and interpreting conduct risk and compliance MI sharing insights.
• Providing support to business areas on how to appropriately resolve any identified compliance issues, including root cause analysis and remediation.
• Maintaining a deep understanding of UK financial services regulation, and upcoming regulatory change, producing summaries and a Compliance Bulletin for all employees
• Being a key member of project teams providing technical compliance input.
• Engaging in advisory work to provide guidance to staff on how to comply with relevant requirements in the context of issues raised during normal business activities.
• Reviewing and approving all financial promotions, marketing material and the website, escalating concerns to the Head of Compliance.
• Supporting the development and review of key compliance policies, processes and controls, working with Risk and Internal Audit.
• Assisting in compliance reporting for the Executive, Board and IoF. Working hours are 35 hours a week Monday to Friday. Start times can vary from 8am to 9.30am. After a successful training period there is flexibility to work from home up to 2 / 3 days a week. What we require
• Good understanding of UK financial services regulation, how it applies to Foresters and the impact of the requirements.
• A strong understanding of regulatory and conduct risk management practices in financial services, and what it means to deliver good customer outcomes.
• Commercially sensitive and pragmatic, with the ability to take a risk-based approach on decisions that impact the business.
• Confident in voicing an opinion and escalate to the Head of Compliance if uncomfortable with the decisions made by the business.
• Excellent interpersonal, influencing and communication skills, including the ability to explain requirements in straightforward / practical terms.
• Solution and delivery focused, with high energy and drive, and ability to deliver through others.
• Must be able to build strong relationships with key stakeholders across the business at all levels.
• Excellent planning and report writing skills. What we offer you
• Company Bonus dependent on your performance and company performance
• 25 days holiday plus bank holidays
• Life Assurance (4x pensionable earnings)
• Contributory Pension scheme (company contribute up to 10%)
• Season Ticket Loan
• 1 days paid charitable workday
• Employee Assistance Programme About us Foresters Financial is not your typical financial services provider. Those who join our purpose-driven organisation enjoy a culture of collaboration, creativity, and mutual respect and are challenged to do their best to make a difference every day. We help everyday families achieve their financial goals and make a lasting difference in their lives and communities. What we do We help everyday families achieve their financial goals and make a lasting difference in their lives and communities. We will continue to do this by employing enthusiastic and talented Financial Advisers working across the country and equally talented people to be based at our Head Office in Bromley