Expired

Compliance Business Partner


Somerset Bridge Group
Location 

Bristol

Employment Hours 

Full Time

Employment Type 

Permanent

Salary 

Competitive

Job Highlights
  • We are looking for a Compliance Business Partner to join our legal team at Somerset Bridge Group.
  • You'll be responsible in tracking of current and new legal and regulatory requirements and being insight driven.
  • We offer Pension scheme – 5% employee, 6% employer contribution.
Job Requirements/Description

As part of the Compliance Business Partner function you will independently perform regulatory compliance advisory activities, thus enabling assurance to be given to Senior Management and the Governing Body of Somerset Bridge Group (SBG). Contribute to keeping SBG a sound & honest company in which people’s actions are based on integrity.

In this role you will support the Groups ambition to deliver exceptional customer experiences every day. You will be responsible for providing your business area with strategic support and advice, enabling the business to grow whilst upholding the standards and requirements of our regulator, the Financial Conduct Authority.

Key Responsibilities:

  • Building and managing effective and collaborative relationships with key business stakeholders, and
  • Provide good compliance advice through the successful management of stakeholder relationships.
  • Leading on identification of regulatory change and enabling implementation work led by the business
  • Supporting the business in finding and managing conduct related risks, including implementation of controls
  • Supporting the business in fostering strong regulatory relationships including prompt, correct regulatory reporting
  • Compliance advisor for (main focus) but also deployable for other compliance activities
  • Tracking of current and new legal and regulatory requirements and being insight driven
  • Provide subject matter expertise on UK General Insurance matters
  • Proactively provide support, guidance and challenge on compliance issues, building effective relationships with key stakeholders
  • Handle and document business and regulatory queries in an adequate and timely fashion (e.g. regulatory returns, data queries and consultations)
  • Proactively support and guide business change and operational initiatives to achieve compliance in a cost effective and business friendly manner (compliance by design)
  • Become the go-to person and arrange internal compliance training
  • Provide input for the development of compliance policies and procedures in regard to regulatory requirements
  • Identify & escalate risks and control deficiencies to management including solutions to mitigate future issues.

Required Skills/Experience:

  • Demonstrates good knowledge of FCA regulatory requirements and key conduct related priorities within the insurance industry
  • Ability to manage a portfolio of work, and to balance the demands of maintaining high quality work and delivering to deadlines
  • Someone who clearly understands the concepts of risk, controls, and materiality
  • Excellent verbal and written communicator
  • Has a methodical, analytical, curious mind and tenacity, whilst keeping objectivity
  • Quickly gets to grips with understanding new businesses, process, or products. Able to logically analyse and assess these
  • Sound use of judgement. Raises and reports only material issues and can agree practical and efficient solutions with the business
  • Keeps sensitive business or department information secure and confidential, without exception
  • Possesses drive and determination to develop within the role through increasing technical knowledge and building effective relationships with the business
  • Good stakeholder management skills and the ability to develop trusted business relationships, including influencing peers
  • Genuine passion for continuous improvement through building positive relationships with regulators and researching the compliance landscape

Our Benefits:

  • Hybrid working – 2 days in the office and 3 days working from home
  • 25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!
  • Discretionary annual bonus
  • Pension scheme – 5% employee, 6% employer
  • Flexible working – we will always consider applications for those who require less than the advertised hours
  • Flexi-time
  • Healthcare Cash Plan – claim cashback on a variety of everyday healthcare costs
  • 100’s of exclusive retailer discounts
  • Professional wellbeing, health & fitness app - Wrkit
  • Enhanced parental leave, including time off for IVF appointments
  • Religious bank holidays – if you don’t celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
  • Life Assurance - 4 times your salary
  • 25% Car Insurance Discount
  • 20% Travel Insurance Discount
  • Cycle to Work Scheme
  • Employee Referral Scheme
  • Community support day
  • Christmas and Summer parties
Somerset Bridge Group
Location 

Bristol

Employment Hours 

Full Time

Employment Type 

Permanent

Salary 

Competitive

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