At a Glance
- Tasks: Lead compliance efforts and engage with regulators to ensure consumer protection.
- Company: Join a leading motor insurance provider focused on regulatory excellence.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
- Why this job: Make a real impact on consumer protection while shaping compliance strategies.
- Qualifications: 7+ years in compliance, preferably in the insurance sector, with strong regulatory knowledge.
- Other info: We value diversity and welcome applications from all backgrounds.
The predicted salary is between 48000 - 84000 £ per year.
Are you a senior compliance professional with a passion for consumer protection and regulatory excellence? An exciting opportunity has opened up with a leading motor insurance provider. We're looking for an experienced Head of Compliance to lead our clients regulatory strategy and ensure robust, customer-focused compliance across all operations.
About the Role
As Head of Compliance, you’ll be at the forefront of regulatory engagement, risk management, and policy development. You’ll act as the key point of contact with both Gibraltar and UK regulators, guiding the business through an evolving compliance landscape with a strong emphasis on Consumer Duty and the protection of retail customers.
Key Responsibilities
- Lead regulatory compliance efforts across UK jurisdictions
- Own the Consumer Duty strategy and embed it into business practices
- Design and implement effective compliance policies and frameworks
- Monitor compliance activity and report to senior stakeholders
- Conduct risk assessments and develop mitigation strategies
- Deliver training and support to staff at all levels
- Engage with stakeholders across the business and regulatory bodies
- Advise executive leadership and the board on all compliance-related matters
- Act as the Regulated Individual for compliance with the Gibraltar regulator
What We’re Looking For
- 7+ years of compliance experience in the insurance sector (motor preferred)
- In-depth knowledge of UK regulatory environments
- Strong relationship with the Financial Services Commission
- Expertise in Consumer Duty principles and their practical application
- Outstanding leadership, communication, and strategic advisory skills
Head of Compliance Advisory employer: InterQuest Solutions
Contact Detail:
InterQuest Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Compliance Advisory
✨Tip Number 1
Network with professionals in the insurance and compliance sectors. Attend industry events or webinars where you can meet potential colleagues or mentors who can provide insights into the role and the company culture.
✨Tip Number 2
Stay updated on the latest regulatory changes in the UK and Gibraltar. Demonstrating your knowledge of current compliance issues during interviews can set you apart as a candidate who is proactive and well-informed.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully implemented compliance strategies in previous roles. Highlighting your hands-on experience with Consumer Duty principles will show that you can effectively lead compliance efforts.
✨Tip Number 4
Research the company’s values and mission, particularly their approach to consumer protection. Tailoring your conversation to align with their goals can demonstrate your genuine interest in the position and the organisation.
We think you need these skills to ace Head of Compliance Advisory
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your compliance experience, particularly in the insurance sector. Emphasise your knowledge of UK regulatory environments and any specific achievements related to Consumer Duty.
Craft a Compelling Cover Letter: In your cover letter, express your passion for consumer protection and regulatory excellence. Discuss how your leadership and strategic advisory skills align with the responsibilities of the Head of Compliance role.
Showcase Relevant Experience: Provide specific examples of your past compliance roles, focusing on your experience with regulatory engagement, risk management, and policy development. Highlight any successful projects or initiatives you've led.
Prepare for Potential Questions: Anticipate questions related to your understanding of Consumer Duty principles and your approach to compliance challenges. Be ready to discuss how you would engage with regulators and implement compliance strategies.
How to prepare for a job interview at InterQuest Solutions
✨Showcase Your Regulatory Knowledge
Make sure to demonstrate your in-depth understanding of UK regulatory environments and Consumer Duty principles. Prepare specific examples of how you've successfully navigated compliance challenges in the past.
✨Highlight Leadership Experience
As a senior role, it's crucial to showcase your leadership skills. Share instances where you've led teams or initiatives, particularly in compliance settings, and how you motivated others to achieve compliance goals.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world compliance scenarios. Think about potential risks and how you would develop mitigation strategies, as well as how you would engage with regulators.
✨Emphasise Stakeholder Engagement
Discuss your experience in engaging with various stakeholders, including regulatory bodies and executive leadership. Be ready to explain how you communicate complex compliance issues in an understandable way to different audiences.