Risk Consultant - #1698514

Risk Consultant - Conduct & Culture

Business area: Risk and Compliance /Regulatory Affairs

Cardiff, London OR Hove

Consultant

Purpose of role:

To support the Colleague Conduct and Culture Manager in the management and oversight of the L&G policies, processes systems and records that ensure the safe delivery of the Conduct Risk Environment. Responsibilities will include providing oversight and advice to the implementation of the Senior Managers and Certification Regime (SMCR) by Divisional teams; ensuring our continued compliance with the regime and that colleagues continue to comply with the Group's conduct risk policies and expectations

Knowledge of FCA handbook/Connect and policy implementation around risk is essential

Principal accountabilities:

Policies and Frameworks: To maintain and manage the Employee Conduct Risk Policy ensuring it appropriately reflects the requirements of SMCR, as set out in the Group Risk Framework, and consider regulatory/legal developments and evolutionary controls and tooling to ensure procedures and standards remain appropriate

SMCR: Provide advice and guidance to SMFs and certified staff on the application of PRA and FCA regulatory regimes including through the delivery of the annual Fitness and Propriety process, and support individuals through the application process collaborating with compliance and conduct risk teams, HR and Company Secretariat to ensure high quality applications are made on a timely basis

SME technical knowledge: Respond to regulatory and business queries on the application of the SMCR; assess potential conduct rule breaches, prepare training on the regime, and support the Senior Manager / Head of in the delivery of training and onboarding of new appointees regarding their accountabilities

Advice and Guidance: Provide regulatory compliance and conduct risk advice, guidance, and challenge to Divisional and Group Function teams in respect of colleague conduct matters (including SMF responsibility mapping, conflicts of interest and Personal Account Dealing). This will include the preparation and delivery of relevant training to ensure appropriate awareness across all areas of the Group

Colleague conduct investigations: Support the Colleague Conduct and Culture Manager with investigations, analysis and reporting of potential and actual Conduct Rule breaches, and ensure holistic and entity specific insights that are timely, accurate and meaningful to entity boards, risk committees and other relevant fora to inform decision making

Management Responsibility Maps: Manage and maintain the Management Responsibility Maps (MRMs) for the Group's regulated entities ensuring these are kept up to date and available to our regulators when required

Risk Governance: Ensure the integrity of records maintained within the Colleague Conduct and Culture team including through STAR and Conduct Breach referrals processes. Provide assurance to the Head of Regulatory Affairs and Colleague Conduct, and Information Security and Data Protection functions that all aspects of data protection, retention and deletion requirements are met in line with company requirements and regulatory expectations

Stakeholder Management: Develop and maintain productive relationships across Risk and the supported Business Units including providing guidance on regulatory engagement and trends within the wider environment

Qualifications, knowledge and skills:

Knowledge of insurance, investment management and retirement sectors

Ability to navigate relevant sections of the FCA Handbook (PRIN, SYSC, COCON, SUP, FIT and PRA Rulebook and associated documents so that relevant rules and guidance can be identified and interpreted quickly

Excellent written and verbal communication skills to ensure high quality delivery of management information and presentations in meetings and other forums

High attention to detail and ability to work effectively, both individually and within a team

Experience:

Experience in financial services, preferably life assurance and pensions,

Excellent at providing technical compliance and risk advice and guidance which is well calibrated with consideration of business and regulatory priorities

Ability to find and propose pragmatic solutions to complex problems

Drafting and managing regulatory applications in line with regulatory requirements

We are committed to offering an inclusive recruitment experience. If you require accommodations because of disability or health condition, please email: gscemeaedi @ robertwalters.com. This position is being sourced through our Outsourcing service line



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