At a Glance
- Tasks: Lead compliance efforts and ensure regulatory adherence in a dynamic environment.
- Company: Distinct Cremations is a leading provider of direct cremation services, committed to exceptional care.
- Benefits: Enjoy hybrid work, 25 days holiday, life assurance, and ongoing development opportunities.
- Other info: Join a supportive team dedicated to making a difference in people's lives.
- Why this job: Make a meaningful impact in a values-led organisation with a strong reputation for service excellence.
- Qualifications: Experience in compliance leadership, regulatory reporting, and a strong understanding of financial services.
The predicted salary is between 74000 - 83000 £ per year.
Join to apply for the Group Head of Compliance role at Distinct Cremations.
This range is provided by Distinct Cremations. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range: £85,000 - £93,000 per annum + Benefits.
Distinct Cremations, Cannock, Staffordshire. Hybrid work available, with 2-3 days based in the office per week. Permanent role.
Are you a seasoned compliance leader with a passion for doing things the right way? If you’re looking to make a meaningful impact in a forward-thinking, values-led organisation, this could be your next big move. Since 2021 we have been busy growing our first-class direct cremation service which offers individuals and families all over the country a simple alternative to a traditional funeral service. We received a Gold Trusted Feefo award for our service in 2024 and our Direct Cremation plans are rated 5 star by Fairer Finance.
The role involves leading the Compliance Function with 1 x Direct report – a Compliance Manager.
Requirements:
- Manages at both a strategic and operational level compliance with the Financial Conduct Authorities (FCA) rules and guidance.
- Provides support across the Group in relation to compliance with Data Protection and Financial Crime legislation.
- Manages all relationships, communications and information requests with regulated authorities including the FCA, ICO and FOS.
- Reports regularly to the Executive and the Board on regulatory compliance matters and conduct risk.
- Ensures the business is kept abreast of regulatory change.
- Delivers a risk-based monitoring programme that assesses the adequacy of controls in the first line and recommends actions to address concerns where identified.
Regulated Responsibilities:
- DPO for Group entities.
- Supporting the Board in the achievement of a robust, strong and positive compliance culture.
- Lead Compliance ensuring it is adequately resourced and appropriately skilled, motivated and organised.
- Maintain a robust, risk-based compliance monitoring programme supported by a comprehensive regulatory risk universe.
- Represent Compliance at Management Group Meetings and prepare informative, effective and professional reports for the Board.
- Proactively identify and interpret new and emerging regulatory changes, assessing the practical implications on the Group and communicate details to relevant stakeholders on a timely basis.
- Provide practical support, guidance and advice to the business to help manage regulatory risks.
- Provide training materials and tools to ensure Senior Managers and Approved Persons are appropriately aware of their responsibilities.
- Preparing and submitting FCA returns on an annual, quarterly, half yearly basis.
- Work with colleagues in IT to ensure a robust Information Security framework is in place.
- Oversee regulatory breaches to ensure that root cause is identified, preventative measures are implemented, and appropriate remedial work is undertaken.
- Serve as the primary point of contact and liaison for the Information Commissioners Office (ICO) on all data protection related matters across the Group.
- Act as DPO for the Group.
- Manage the Group Policy Framework.
About you:
- An experienced Head of Compliance and risk / Senior Compliance Manager / Chief Compliance Officer / Regulatory Compliance Director.
- Experience of Funeral Plans or Insurance plans.
- Experience of liaising with the FCA and completing regulatory reporting.
- In depth knowledge of the insurance financial services industry.
- Experience acting as Data Protection Officer (DPO).
- Experience of preparing reports at Board level.
- You’ll need to pass a DBS (criminal record) check to be considered for this role.
What We Offer:
- 25 days holiday + bank holidays.
- Life Assurance.
- A choice between 7% employer pension contribution or 5% contribution + private healthcare cover (Bupa).
- Ongoing learning & development.
- Access to a wide range of retail discounts and wellbeing support.
- Free Cremation benefit for Immediate family.
- Enhanced maternity & paternity pay.
- Employee Assistance / Occupational health support Program.
If you would like to join the Distinct Cremations team, you can be sure of a warm welcome, ongoing development and a sense of pride by truly making a difference every day to ensure integrity for our customers.
Group Head of Compliance in Cannock employer: Distinct Cremations
Distinct Cremations is an exceptional employer, offering a supportive and values-driven work culture in Cannock, Staffordshire. With a strong focus on employee development, competitive benefits including generous holiday allowance, private healthcare, and a unique free cremation benefit for immediate family, we empower our team to make a meaningful impact in the lives of our customers every day. Join us in a rewarding role where your expertise in compliance will help shape a positive and robust compliance culture within a rapidly growing organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Group Head of Compliance in Cannock
✨Tip Number 1
Familiarise yourself with the specific compliance regulations relevant to the funeral and cremation industry. Understanding the nuances of FCA rules and guidance will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the compliance field, especially those who have experience in regulated environments like financial services or funeral plans. Engaging with industry peers can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your leadership style and how you foster a positive compliance culture within an organisation. Be ready to share examples of how you've successfully managed compliance teams and navigated regulatory challenges.
✨Tip Number 4
Stay updated on recent changes in compliance legislation and best practices. Being knowledgeable about current trends will show your proactive approach and readiness to adapt to the evolving regulatory landscape.
We think you need these skills to ace Group Head of Compliance in Cannock
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in compliance, particularly in regulated environments. Emphasise your leadership skills and any specific achievements related to compliance management.
Craft a Compelling Cover Letter:In your cover letter, express your passion for compliance and how your values align with those of Distinct Cremations. Mention specific experiences that demonstrate your ability to lead a compliance function effectively.
Highlight Relevant Skills:Focus on key skills mentioned in the job description, such as knowledge of FCA regulations, data protection, and risk management. Use examples from your past roles to illustrate these skills in action.
Proofread Your Application:Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in compliance roles.
How to prepare for a job interview at Distinct Cremations
✨Understand the Compliance Landscape
Before your interview, make sure you have a solid grasp of the current compliance regulations relevant to the funeral and insurance sectors. Familiarise yourself with FCA rules, Data Protection laws, and any recent changes that may impact Distinct Cremations.
✨Showcase Your Leadership Skills
As the Group Head of Compliance, you'll be leading a team. Be prepared to discuss your leadership style and provide examples of how you've successfully managed teams in the past, particularly in high-pressure environments.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world compliance scenarios. Think about past experiences where you identified regulatory risks or implemented compliance strategies, and be ready to share these stories.
✨Demonstrate Your Communication Skills
Effective communication is key in compliance roles. Be ready to explain complex regulatory concepts in simple terms, as you may need to train others or report to the Board. Practice articulating your thoughts clearly and confidently.