SMCR Specialist ( FTC ) in Reading

Key Responsibilities

• Advice and Guidance
  • Provide advice on Certification including the process, assessment, requirements and categorisation.
  • Support ongoing and ad hoc reviews of the Certification population and framework.
  • Provide support and guidance to stakeholders within the business on anything SMCR or STAR system related.
  • Work with HRBP, business managers and the new SMFs to prepare evidence of the firms assessment of fitness and propriety for regulatory applications.
  • Review supporting documents (competency maps / Induction/development plans) and provide feedback where required.
  • Engage with new SMF to provide a briefing on SMCR, covering their roles and responsibilities when approved by the regulator along with what responsibilities will be allocated to them as part of their SMF application.
• Responsibilities maps
  • Manage Responsibilities maps (MRMs) for all UK regulated entities, including ensuring they continue to comply with relevant regulation.
  • Liaise with Company Secretariat and other stakeholders to ensure responsibilities maps are up to date.
• Training
  • Provide ad hoc training on SMCR.
  • Support provision of conduct rules training, including CBT.
• Policy governance and risk processes
  • Applicable to the SMCR, including support the annual Policy review and GGF attestations for the relevant policies.
  • Administer the maintenance of the SMCR team desk procedures and guidance materials.
• Reporting
  • Coordination of the monthly SMCR Governance Forum packs and minutes.
  • Work with Employee relations (ER) to ensure all breaches recorded and final submission is completed within the FCAs timescales.
  • Maintain tracker of all regulatory applications underway/inflight/required in future.
• System
  • Identify any issues and liaise with the SMCR system provider team to resolve these.
  • Tracking open tickets and system performance metrics.
  • Managing and coordinating relationship with SMCR system provider.
  • Manage relationship with other systems, eg HR system.
  • Provide support with the SMCR system where required, acting as a superuser.
  • Provide cross-function support on all aspects of the SMCR team’s work.
• Knowledge statements
  • Knowledge of the Senior Managers Certification Regime (SMCR) and its requirements and the ability to research and provide advice on detailed technical points related to SMCR across the PRA and FCA rulebooks.
  • Able to present information well and create professional PowerPoint content.
  • Knows how to create good MI/Reporting.
  • In-depth knowledge of regulatory applications process including the systems, forms and the expectations on evidencing candidate fitness and propriety.
  • Good understanding of how the FCA and PRA work.
  • Able to read the rulebook and translate it into compliance advice.
• Experience statements
  • Previous exposure to regulation, risk and controls or a governance role is required.
  • Experience in understanding and applying regulation, which could be on-the-job or from qualifications is required.
  • Experience with HR Systems or SMCR Compliance systems is useful.
  • Experience with MI / Reporting is desirable.
  • A grounding in applying rules and requirements to people processes.
  • Background in HR, Governance or Compliance.

What we offer:

• As a savings and Investments firm we are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
• We also offer Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services.
• Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy.
• Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave.
• Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options.
• We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee‑led networks.
• M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro‑divergent conditions.