At a Glance
- Tasks: Lead compliance efforts for employee benefits, ensuring adherence to regulations and fostering a culture of compliance.
- Company: PIB (Employee Benefits) supports organisations with financial and non-financial rewards for their employees.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development in the compliance field.
- Why this job: Join a reputable firm focused on safeguarding its reputation while making a positive impact on employee benefits.
- Qualifications: Experience in compliance, particularly with FCA regulations and employee benefits is essential.
- Other info: This role reports directly to the Operations Director, offering strategic influence within the organisation.
The predicted salary is between 43200 - 72000 £ per year.
PIB (Employee Benefits) adopts an approach of supporting organisations across all areas of financial and non-financial rewards that meet the needs of a business and its employees. This includes healthcare, corporate pensions, risk, employee benefit communications and employee benefits technology.The Head of Compliance (Employee Benefits) is responsible for ensuring we comply with all relevant regulations and guidelines. This includes adhering to critical regulatory frameworks such as the Insurance Distribution Directive (IDD), Consumer Duty, Product Governance etc. The Head of Compliance ensures that the firm\’s procedures and operations meet the necessary regulatory standards while fostering a culture of compliance throughout the organisation. Reporting to the Operations Director, this role is critical for safeguarding the firm\’s reputation and minimising regulatory risk while supporting its growth and operational efficiency.FCA Compliance & Regulatory Oversight:FCA guidelines: Fully understand and ensure the firm complies with FCA regulations, including those governing the Insurance Distribution Directive (IDD), Consumer Duty, and Product Governance, as well as any other relevant financial services rules.Insurance Distribution Directive (IDD): Ensure compliance with the IDD by overseeing the firms handling of insurance products, ensuring that employees are competent and that client…
Head of Compliance - Employee Benefits employer: Click To Hired
Contact Detail:
Click To Hired Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Compliance - Employee Benefits
✨Tip Number 1
Familiarise yourself with the latest FCA regulations and guidelines, especially those related to the Insurance Distribution Directive (IDD) and Consumer Duty. This knowledge will not only help you in interviews but also demonstrate your commitment to compliance.
✨Tip Number 2
Network with professionals in the compliance field, particularly those who specialise in employee benefits. Attend industry events or join relevant online forums to gain insights and make connections that could lead to job opportunities.
✨Tip Number 3
Showcase your experience in fostering a culture of compliance within an organisation. Be prepared to discuss specific examples where you've successfully implemented compliance measures or improved regulatory adherence in previous roles.
✨Tip Number 4
Research PIB's approach to employee benefits and compliance. Understanding their values and operational strategies will allow you to tailor your discussions during interviews, showing that you're genuinely interested in contributing to their mission.
We think you need these skills to ace Head of Compliance - Employee Benefits
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of the Head of Compliance - Employee Benefits. Familiarise yourself with key regulations like the Insurance Distribution Directive (IDD) and Consumer Duty, as well as the importance of compliance culture within an organisation.
Tailor Your CV: Highlight your relevant experience in compliance and regulatory oversight. Be specific about your achievements in previous roles, particularly those related to FCA regulations and employee benefits. Use quantifiable metrics where possible to demonstrate your impact.
Craft a Compelling Cover Letter: Your cover letter should reflect your understanding of the compliance landscape in employee benefits. Discuss how your skills and experiences align with the company's goals and how you can contribute to fostering a culture of compliance.
Proofread Your Application: Before submitting, carefully proofread your application materials. Look for any spelling or grammatical errors, and ensure that your documents are clear and professional. A polished application reflects your attention to detail, which is crucial for a compliance role.
How to prepare for a job interview at Click To Hired
✨Know Your Regulations
Familiarise yourself with the key regulations relevant to the role, such as the Insurance Distribution Directive (IDD) and Consumer Duty. Be prepared to discuss how these regulations impact compliance strategies and operations.
✨Demonstrate Leadership Skills
As a Head of Compliance, showcasing your leadership abilities is crucial. Prepare examples of how you've fostered a culture of compliance in previous roles and how you plan to do so in this position.
✨Showcase Problem-Solving Abilities
Be ready to discuss specific challenges you've faced in compliance roles and how you overcame them. Highlight your analytical skills and ability to implement effective solutions under pressure.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's current compliance challenges and future goals. This shows your genuine interest in the role and helps you assess if the company aligns with your values.