At a Glance
- Tasks: Manage compliance and risk functions, ensuring regulatory requirements are met while collaborating with various teams.
- Company: Join Honda, a diverse and inclusive company that values individual differences and promotes equal opportunities.
- Benefits: Enjoy flexible working hours and the option to work from home up to 50% of the time.
- Why this job: Be part of a dynamic team that influences business strategy and ensures compliance in a reputable organisation.
- Qualifications: Strong regulatory knowledge and analytical skills are essential; communication and relationship-building abilities are key.
- Other info: This role offers a chance to make a real impact in a supportive and innovative environment.
The predicted salary is between 43200 - 72000 £ per year.
At Honda we embrace inclusion in our various policies, so whilst our contracts state that the hours are as required to fulfil the role with a minimum of 35 hours per week, we offer flexibility for when you work. The regular office hours are 08:00 – 16:00 Monday to Thursday with a half hour lunch break & 08:00 – 13:00 on a Friday. However, we offer flexibility of when you work with our daily flex-time start of between 07:00 and 11:00 providing that there is no business requirement. Whilst there is no contractual right to work from home, the flexibility we offer is that you can request to work from home for a maximum of 50% of the working days in any one month, again providing there is no business requirement to attend the office.
Role: The role will be within the HFE Risk and Compliance Department reporting into the Head of Risk and Compliance. Responsibilities will include day to day management activity, regulatory advice, risk management, internal and external audit activity and business strategy planning.
Main Responsibilities:
- Attending and participating in departmental management meetings.
- Manage and deliver the operational Compliance and Risk function to ensure HFE meets all regulatory requirements and guidance through the ongoing review of existing processes, procedures and controls and enhancement of changes where required.
- Maintain up to date knowledge of ongoing regulatory change including the impact on HFE.
- Provision of advice and guidance to the business on technical compliance matters.
- Responsible for the continual embedding of compliance policies, processes, procedures and governance which requires close collaboration with or execution by the business and in particular, Consumer Duty.
- Oversight of the annual Compliance Monitoring Plan.
- Deputising for the Head of Risk and Compliance and acting as a designated contact point for the Financial Conduct Authority.
- Oversight for ensuring all annual and ad hoc regulatory reporting obligations are satisfied and completed by their due date.
- The embedding of the operational risk and control framework across the HFE business.
- Oversight of the 1st line of defence activities to ensure that the appropriate controls and QA are in place across the operational business.
- Working with HFE business units to deliver good customer outcomes across all daily activities.
- Co-ordinating the production of regular, accurate and timely Management Information and acting as deputy chair of the Risk and Compliance Committee.
- Assisting in the collation of reports where necessary to the wider HME group, including a Compliance Report for the Board of Directors.
- Conducting compliance risk assessments to detect process gaps and inconsistencies.
- Supervising the workload of the Compliance Department associates.
- Have oversight of the business breaches and operational incidents including managing escalation and reporting as required.
Qualifications, skills and experience:
- Ability to assess whether the application of regulatory rules and standards is appropriate.
- Strong Regulatory Knowledge to ideally include: CONC, PRIN, SYSC, DISP, SUP.
- Ability to provide accurate and concise advice to the business.
- Strong analytical skills.
- A strong communicator, able to build key relationships both internally and externally.
- Ability to interpret regulatory rules and guidance as they apply to HFE.
- Good knowledge and use of Microsoft office programs and IT environments.
Honda is committed to the principle of equal opportunity in the workplace for all employees, temporary workers, contractors, applicants and visitors. Honda also encourages respect for the individual differences and talents of others while making full use of one's own abilities, based on Honda's philosophy of respect for the individual. At Honda, we value and celebrate diversity and are committed to being a fair, non-discriminatory company that promotes and welcomes the uniqueness and differences of people around the world. We recognise that a diverse workforce allows for different ideas and perspectives, and we encourage everyone to share them. We strive to foster a culture of belonging that is consistent with Honda's core values and lived out in the way we work and respect each other. For us at Honda, diversifying our workforce means increasing its overall strength by providing people with equal opportunities - regardless of personal characteristics or previous careers. This commitment flows directly from the Honda philosophy and the belief that we are all working towards a common goal. Honda recruits, hires, trains and promotes the most qualified/experienced individuals at all levels without regard to race, origin, religion or belief, gender, sexual orientation, age, disability or any other protected characteristic.
Contract - Compliance & Risk Department Manager employer: Honda Motor Europe
Contact Detail:
Honda Motor Europe Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Contract - Compliance & Risk Department Manager
✨Tip Number 1
Familiarise yourself with the specific regulatory frameworks mentioned in the job description, such as CONC, PRIN, and SYSC. Understanding these regulations will not only help you in interviews but also demonstrate your commitment to compliance and risk management.
✨Tip Number 2
Network with professionals in the compliance and risk management field. Attend industry events or join relevant online forums to connect with others who may have insights into Honda's culture and expectations for this role.
✨Tip Number 3
Prepare to discuss your experience with compliance monitoring and risk assessments in detail. Be ready to provide examples of how you've identified process gaps and implemented solutions in previous roles.
✨Tip Number 4
Showcase your analytical skills by being prepared to discuss how you interpret regulatory rules and apply them to real-world scenarios. This will highlight your ability to provide accurate and concise advice, which is crucial for the role.
We think you need these skills to ace Contract - Compliance & Risk Department Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Compliance & Risk Department Manager position at Honda. Understand the key responsibilities and qualifications required, so you can tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in compliance and risk management. Provide specific examples of how you've successfully managed compliance functions or navigated regulatory requirements in previous roles.
Showcase Analytical Skills: Given the importance of analytical skills in this role, include instances where you've used these skills to assess regulatory rules or improve processes. This will demonstrate your capability to handle the responsibilities outlined in the job description.
Tailor Your Cover Letter: Craft a personalised cover letter that addresses Honda's commitment to diversity and inclusion. Mention how your values align with theirs and how you can contribute to fostering a culture of belonging within the team.
How to prepare for a job interview at Honda Motor Europe
✨Understand Regulatory Frameworks
Familiarise yourself with key regulatory frameworks such as CONC, PRIN, SYSC, DISP, and SUP. Be prepared to discuss how these regulations impact the role and how you can ensure compliance within the organisation.
✨Demonstrate Strong Communication Skills
As a Compliance & Risk Department Manager, you'll need to build relationships both internally and externally. Practice articulating your thoughts clearly and concisely, and be ready to provide examples of how you've successfully communicated complex compliance issues in the past.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical approach to risk management and compliance. Think of specific instances where you've identified process gaps or inconsistencies and how you addressed them. This will demonstrate your ability to assess and improve compliance processes.
✨Emphasise Flexibility and Adaptability
Given the flexible working hours and the potential for remote work, highlight your ability to adapt to changing circumstances. Share examples of how you've successfully managed your time and responsibilities in a flexible work environment while still meeting business needs.