At a Glance
- Tasks: Lead regulatory assurance efforts and ensure compliance with the National Lottery's standards.
- Company: Join Allwyn UK, a dynamic leader in responsible lottery operations.
- Benefits: Enjoy competitive pay, generous leave, wellness support, and flexible benefits.
- Other info: Be part of a diverse team committed to positive change and sustainability.
- Why this job: Make a real impact on society while growing your career in a supportive environment.
- Qualifications: Strong organisational skills and experience in regulatory documentation required.
The predicted salary is between 50000 - 60000 £ per year.
At the heart of everything we do is our vision to change lives every day, and our mission to grow The National Lottery responsibly and champion its impact. We are Allwyn UK, part of the Allwyn Entertainment Group – a multi-national lottery operator with a market-leading presence across the USA and Europe. While the main contribution of The National Lottery to society is through the funds to good causes, at Allwyn we put our purpose and values at the heart of everything we do.
The Fourth Licence represents a step-change in the approach to regulating the National Lottery. It is centred on an outcomes-focused approach to regulation and reflects the Statutory Duties of the Commission. This approach places increased responsibility and accountability on the Licensee to operate the National Lottery to achieve outcomes consistent with the National Lottery etc. Act 1993. In practice, increased Licensee ownership places greater emphasis on internal management and assurance, including Strategies, Policies, Processes and Procedures (SPPP) and broader aspects of outcomes delivery.
Working for the Head of Regulatory Assurance, the Regulatory Assurance Manager will play a key role in helping the business maintain proportionate standards of regulatory assurance that support delivery of our commercial plans and regulatory outcomes.
What you’ll be doing:
- Maintaining a proportionate, best practice approach to SPPP to ensure these remain fit for purpose in an agile, dynamic and innovation-driven business while driving quality and a continual improvement approach.
- Providing assurance on compliance with licence conditions relating to SPPP and assurance including through:
- Overseeing and coordinating delivery of the annual regulatory assurance requirements for SPPP in collaboration with functional stakeholders.
- Providing guidance on when SPPP are required to be created or updated as a result of changes in business activity.
- Managing the delivery of relevant board assurance requirements, with oversight from senior team members.
- Managing the evolution of the structure and templates for SPPP to ensure usability and support commercially effective, customer-focused compliant operations.
What experience we’re looking for:
- Excellent organisational and coordination skills, and the ability to own and deliver scope in line with strategic and operational direction.
- Strong experience with writing, owning and/or managing business and regulatory documentation, i.e. Strategies, Policies and Procedures and regulatory reports.
- Experience leading development and submission of high-quality regulatory/assurance material suitable for Board and regulatory submission.
- Experience translating regulatory and/or assurance/compliance requirements into effective and proportionate actions that deliver business outcomes.
- Excellent written and verbal communication skills, and the ability to represent the function internally and externally as required.
- Strong cross-functional collaboration skills and effective stakeholder management.
- Initiative and a fresh approach to problem solving.
- Experience in a fast-paced regulated environment.
Key Measures of Success:
- An SPPP framework that is clear and usable by functional owners which captures relevant best practice and is focused on delivering quality customer outcomes.
- The approval and submission of robust, defensible key regulatory artefacts which clearly demonstrate how Allwyn is delivering Licence outcomes and meeting compliance requirements.
- Effective working relationships between Second Line Assurance and functional stakeholders to support practical, effective and compliant operations and understanding of regulatory assurance requirements.
At Allwyn, we are dedicated to changing lives and growing the National Lottery responsibly, championing its positive impact on people, places, and the planet. Our aim is to have doubled the number generated for charities and good causes in the UK by the end of the first 10-year license. We have 2030 targets to decarbonise our operations and energy. We’ve already transitioned to renewable energy providers and ensured our fleet consists of low-emission vehicles.
Our benefits and policies support colleagues and their families at every stage of life and career. By prioritising wellbeing and belonging, we create a workplace where everyone feels valued, rewarded, and empowered to succeed.
We are a Disability Confident Leader which means we’ve taken proactive steps to ensure our workplace is accessible and inclusive for disabled and neurodivergent colleagues and candidates.
Regulatory Assurance Manager in Watford employer: Allwyn UK
Contact Detail:
Allwyn UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Assurance Manager in Watford
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its values. Understand their mission to change lives through the National Lottery and think about how your skills align with that vision. Show them you're not just another candidate!
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your achievements in regulatory assurance.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and show your enthusiasm for the role. And remember, apply through our website for the best chance at landing that dream job!
We think you need these skills to ace Regulatory Assurance Manager in Watford
Some tips for your application 🫡
Know Your Stuff: Before you start writing, make sure you understand the role and the company. Dive into our mission and values, and think about how your experience aligns with what we're looking for. This will help you tailor your application to show us why you're the perfect fit!
Be Clear and Concise: When it comes to your written application, clarity is key! Use straightforward language and avoid jargon. We want to see your skills and experience shine through without any fluff. Keep it professional but let your personality come through too!
Showcase Relevant Experience: Highlight your experience with regulatory documentation and assurance processes. Use specific examples that demonstrate your ability to manage and deliver high-quality materials. This is your chance to show us how you've tackled similar challenges in the past!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to keep track of your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team at Allwyn!
How to prepare for a job interview at Allwyn UK
✨Know Your Regulatory Stuff
Make sure you brush up on the latest regulations and compliance requirements related to the National Lottery. Understanding the Fourth Licence and how it impacts the role will show that you're serious about the position and ready to hit the ground running.
✨Showcase Your Documentation Skills
Be prepared to discuss your experience with writing and managing regulatory documents. Bring examples of previous work, like strategies or assurance reports, to demonstrate your ability to produce high-quality materials that meet compliance standards.
✨Emphasise Collaboration
This role requires strong cross-functional collaboration, so be ready to share examples of how you've successfully worked with different teams in the past. Highlight your stakeholder management skills and how you’ve navigated complex relationships to achieve common goals.
✨Bring a Fresh Perspective
Allwyn values innovation and fresh approaches to problem-solving. Think of a time when you tackled a challenge in a unique way and be ready to discuss it. This will show that you can contribute to their mission of transforming the National Lottery.