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- Tasks: Lead Quality Assurance and Outcomes Testing teams to ensure compliance and performance.
- Company: Join a regulated financial services firm focused on vehicle financing.
- Benefits: Enjoy a competitive salary, career development opportunities, and a supportive work environment.
- Why this job: Make a real impact in a dynamic industry while developing your leadership skills.
- Qualifications: Experience in compliance or risk management within consumer finance is essential.
- Other info: This role is based in Surrey, just outside London.
The predicted salary is between 55000 - 65000 £ per year.
The Business Assurance Manager will be managing the Quality Assurance and Outcomes Testing teams. Reporting on assurance activities which test the business policies, service, performance, procedure, quality and regulatory conduct risk.
This opportunity is with a Financial Services regulated firm, who provides financing for vehicles seeking a Business Assurance Manager.
This role is responsible for designing and driving forward the team objectives and managing the delivery of the First Line Assurance frameworks.
Responsibilities:
- Designing, delivering and maintaining appropriate frameworks across the assurance areas ensuring they are relevant to regulatory and business expectations.
- Continually assessing the success of the first line assurance frameworks and activities in meeting their objectives, and recommending changes where required.
- Completing Learning and Development plans, performance reviews and objective setting for the team, holding regular documented meetings and one to ones.
- Working closely with the Training and Competency Manager to ensure development areas across the business are identified and supported on the job.
- Recruiting, training, coaching and motivating Quality Assurance and Outcomes Testing Specialists as required.
- Regularly presenting clear MI to functional and senior management, weekly operational meetings and monthly governance forums, to support prompt and targeted issue identification, escalation, root cause analysis and remediation.
Profile:
- Experience in compliance, risk management, or a related field within the consumer finance market.
- Banking sector - retail or payments also applicable.
- Strong knowledge of regulatory frameworks and standards relevant to Banking & Financial Services.
- Candidate needs to have a strong QA background.
- Proven ability to analyse data and provide actionable insights.
- Leadership or team management role experience is required.
Job Offer:
Competitive salary in the range of £55,000-£65,000. Surrey based role outside London.
Business Assurance Manager employer: Michael Page
Contact Detail:
Michael Page Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Assurance Manager
✨Tip Number 1
Familiarise yourself with the latest regulatory frameworks and standards in the Banking and Financial Services sector. This knowledge will not only help you understand the role better but also demonstrate your commitment to compliance during interviews.
✨Tip Number 2
Network with professionals in the financial services industry, especially those involved in quality assurance and risk management. Attend relevant events or webinars to make connections that could lead to valuable insights or referrals for the position.
✨Tip Number 3
Prepare to discuss your leadership experience in detail. Think of specific examples where you've successfully managed teams or projects, as this will be crucial in showcasing your ability to lead the Quality Assurance and Outcomes Testing teams effectively.
✨Tip Number 4
Stay updated on current trends and challenges in the consumer finance market. Being able to speak knowledgeably about these topics during your interview will set you apart and show that you're proactive about understanding the industry landscape.
We think you need these skills to ace Business Assurance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compliance, risk management, or the consumer finance market. Emphasise your leadership skills and any previous roles that involved managing teams or frameworks.
Craft a Strong Cover Letter: In your cover letter, address how your background aligns with the responsibilities of the Business Assurance Manager role. Mention specific examples of how you've designed or improved assurance frameworks in the past.
Highlight Regulatory Knowledge: Demonstrate your understanding of regulatory frameworks and standards relevant to Banking & Financial Services. This could be through specific projects you've worked on or certifications you hold.
Showcase Analytical Skills: Provide examples of how you've analysed data to derive actionable insights. This could include metrics you've tracked or improvements you've implemented based on your analysis.
How to prepare for a job interview at Michael Page
✨Understand Regulatory Frameworks
Make sure you have a solid grasp of the regulatory frameworks and standards relevant to Banking and Financial Services. Be prepared to discuss how these impact quality assurance and risk management in your previous roles.
✨Showcase Your Leadership Skills
As a Business Assurance Manager, you'll need to demonstrate your leadership abilities. Prepare examples of how you've successfully managed teams, conducted performance reviews, and motivated staff in past positions.
✨Prepare for Data Analysis Questions
Expect questions that assess your ability to analyse data and provide actionable insights. Bring examples of how your analytical skills have led to improvements in quality assurance processes or outcomes.
✨Discuss Framework Design Experience
Be ready to talk about your experience in designing and maintaining assurance frameworks. Highlight specific instances where you've assessed their effectiveness and made recommendations for improvement.
