Compliance Manager (SFS)

Job title:

Compliance Manager (SFS)

Company

Simplyhealth

Job description

We’re not just your average health company; we’re aiming to revolutionise access to healthcare in the UK by offering innovative health and wellbeing solutions that are affordable, accessible, and effective. From preventive care to comprehensive medical support, we aim to empower individuals to take charge of their health, inspiring them to make the most of their wellbeing. Added to that we’re the first health insurer in the UK to be awarded B-Corp status in recognition of our significant achievements in sustainability, in addition to our ambitious environmental and social responsibility goals.As Compliance Manager for Simplyhealth Funding Services (SFS), you’ll work in close partnership with group business stakeholders providing excellent stakeholder management and technical support on compliance related matters. You’ll identify and share professional and regulatory risks to the business and work with stakeholders to enhance controls as appropriate. This will include promoting an open line of communication between Compliance and the business to provide the business with updates on current compliance initiatives and projects and guide them on how to navigate group control and governance.The Compliance Manager will be the compliance lead for SFS and will be responsible for managing a team of two compliance consultants. SFS is the part of the business that has credit broking and lending permissions, and as such incorporates our start up business, Practi. The roleholder will own and drive the day to day compliance activities for the SFS and Practi, including playing a leading role in supporting from a second line perspective the network of Practi’s Introducer Appointed Representatives. They will also proactively identify opportunities and risks to Practi, ensuring they add value through each phase of the process.Key responsibilities

• Build and maintain positive and proactive relationships with leaders and colleagues across the group, supporting on all aspects of compliance to Simplyhealth Funding Services.
• Work closely with stakeholders to understand compliance challenges, suggesting and implementing solutions.
• Act as first point of contact for all compliance related activities, providing expert guidance and advice to stakeholders.
• Take the compliance lead in relation to supporting and challenging the product and commercial function within SFS and Practi.
• Providing guidance and oversight to the team to ensure thorough implementation of compliance risk frameworks and adherence to compliance-related policies and procedures
• Manage the team’s effectiveness ensuring they are able to attain and maintain competence, adhere to regulatory processes and have the ability to confidently and effectively perform their role
• Supporting the professional and technical development of the team to evaluate, review, investigate, challenge, and mitigate potential customer and regulatory risks
• Collaborating with the team to provide professional regulatory advice to the CRO, CEO, Group Board, ELT, and SLT
• Ensuring that the team advocates and demonstrates the value of effective regulatory risk advice and provides training across all areas of the Group

About YouTo be considered you must have:

• Compliance and risk knowledge and experience across consumer products, including building and executing compliance frameworks and compliance and risk monitoring (CONC, SYSC, ICOBS, SUP & SM&CR).
• Comprehensive understanding of the FCA appointed representative regime and regulatory requirements and obligations within it.
• Ability to undertake risk, compliance, and control activities in a complex financial operation
• Skilled communicator with the ability to influence and motivate others
• Strong problem-solving and decision-making skills, with the ability to analyse complex information to identify key issues/actions and drive resolution
• Experience in providing compliance advisory support at a senior level and across the organisation, ideally in a partnering capacity.
• Line management experience and ability to provide guidance and mentorship to team members
• Broad and pragmatic thinker, capable of quickly interpreting information and presenting arguments in a clear and reasoned way

Our dream candidate might also have

• Some experience of payment regulations would be beneficial

What’s in it for youAs well as a competitive salary, our benefits package includes:

• Group bonus scheme
• Generous pension with a 6% pension gift from us
• 28 days holiday (plus bank holidays) – with the option to buy and sell a further 5 days
• Flexible benefits pot (which you can choose to use against some great benefits such as critical illness, private medical insurance, shopping vouchers and more)
• Your own health plan
• Access to a wellbeing hub
• Shopping discounts
• Recognition awards
• Give as you earn
• 3 volunteering days

We have a head office in Hampshire, but depending on your role, you’ll be able to enjoy our ‘smart working’ approach This means you can flex when and where you spend your time. For many of us this means day to day work can be handled remotely, but there will also be times when we need to come together in the office to collaborate, attend training sessions, induction, briefings and more.Your Recruitment JourneyWe’re focused on providing an application, assessment and onboarding journey that is fair, consistent, diverse and inclusive for all, allowing us to hire top talent based on the skills and behaviours pivotal to your and our success.Your process

• Screening call with Talent Acquisition Team
• Virtual Interview with the hiring manager and team
• Aptitude assessment
• Presentation/case study with the hiring manager and team
• Offer

Should you require any additional support with your application, or need us to make any adjustments for you, please contact our Talent Team: .Please note: Working for a purpose driven company like ours is a fantastic opportunity so we often receive high volumes of applications for our roles. In these cases, we may close our job adverts early and aren’t able to consider applications after this time.#LI-Remote

Expected salary

Location

Andover, Hampshire

Job date

Fri, 20 Dec 2024 05:33:06 GMT

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