At a Glance
- Tasks: Conduct compliance monitoring reviews and ensure operations meet regulatory standards.
- Company: Join Benefact Group, a top-rated company committed to charity and sustainability.
- Benefits: Enjoy hybrid working, competitive salary, generous bonuses, and 25 days annual leave.
- Why this job: Make a real impact in a role that supports compliance and good customer outcomes.
- Qualifications: Understanding of FCA/PRA regulations and strong analytical skills required.
- Other info: Be part of a diverse team with excellent career growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Working hours: 35 hours per week, Monday to Friday
Duration: Permanent
Location: Gloucester
Job Ref: 204316
About the role
Benefact Group are looking for a Group Compliance Monitoring Specialist to join our Gloucester office. As Group Compliance Monitoring Specialist you will be responsible for conducting compliance monitoring reviews across the Benefact Group, providing senior management with assurance that operations are aligned with regulatory requirements, particularly those set by the FCA, PRA, and financial crime legislation.
Why join us?
Join a collaborative and inclusive culture that’s committed to making a difference and building a more sustainable future. Ranked amongst the UK's top 50 Best Large Companies to Work For in 2024, we offer fantastic career and development opportunities within a rapidly growing, innovative Group — where all profits go to charity and good causes.
Responsibilities
- Conducting compliance monitoring reviews across the Group’s businesses
- Liaising with stakeholders for each review to facilitate the analysis of relevant controls
- Discussing with the business where actions are required to correct or improve controls to ensure the business becomes / remains compliant with relevant rules and to deliver good customer outcomes, agreeing action owners and appropriate target dates for those actions to be completed
- Monitoring actions arising from Group Compliance monitoring activities to their conclusion, ensuring that the business has taken all action required of them to prevent reoccurrence of the finding
- Contributing to Group Compliance reports to senior management on the status of Group Compliance monitoring, including progression against the Group Compliance monitoring plan, summaries of final reports produced during the period and number of overdue actions arising from Group Compliance monitoring activity.
Qualifications
- Understanding of the FCA and PRA regulatory framework
- Compliance monitoring or audit skills in a financial service context
- Interpersonal skills suitable to interact with stakeholders at all levels
- Strong analytical and critical thinking skills
- Attention to detail and high standards of accuracy
- Excellent written communication skills for reporting
- Ability to manage multiple ongoing reviews and manage own time
What we offer
- A competitive salary - let’s discuss it
- Hybrid working
- Group Personal Pension - up to 12% employer contribution
- Generous on target annual bonus scheme between 6% and 24%
- 25 days annual leave plus bank holidays, and a holiday buy and sell scheme
- An array of health and wellbeing benefits, including private healthcare, income protection and life assurance
- £200 annual personal grant to a charity of your choice
- Encouraged to take at least one volunteering day per year
- Employee Assistance Programme
- Full study support to gain professional qualifications
- Access to virtual GP
- Enhanced maternity and paternity pay
About us
Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.
We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.
At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.
If you need any additional support during the recruitment process, then please let us know.
Group Compliance Monitoring Specialist in Gloucester employer: Ecclesiastical Insurance UK
Contact Detail:
Ecclesiastical Insurance UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Compliance Monitoring Specialist in Gloucester
✨Tip Number 1
Network like a pro! Reach out to current employees at Benefact Group on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of FCA and PRA regulations. Show us you know your stuff and can discuss how they impact compliance monitoring. Confidence is key!
✨Tip Number 3
Don’t forget to showcase your analytical skills during interviews. Bring examples of how you've tackled compliance issues in the past. We love hearing about real-life experiences that demonstrate your expertise.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our amazing team at Benefact Group.
We think you need these skills to ace Group Compliance Monitoring Specialist in Gloucester
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Group Compliance Monitoring Specialist role. Highlight your understanding of the FCA and PRA regulatory framework, and showcase any relevant compliance monitoring or audit experience you have.
Show Off Your Communication Skills: Since excellent written communication is key for this role, ensure your application is clear, concise, and free from errors. Use professional language but keep it friendly – we want to see your personality shine through!
Demonstrate Your Analytical Skills: In your application, provide examples that demonstrate your strong analytical and critical thinking skills. This could be through past experiences where you successfully identified issues and proposed effective solutions.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details about the role and our amazing company culture there!
How to prepare for a job interview at Ecclesiastical Insurance UK
✨Know Your Regulations
Make sure you brush up on the FCA and PRA regulatory frameworks before your interview. Understanding these regulations will not only show your expertise but also demonstrate your commitment to compliance, which is crucial for the role.
✨Showcase Your Analytical Skills
Prepare examples of how you've used your analytical and critical thinking skills in past roles. Be ready to discuss specific situations where your attention to detail made a difference in compliance monitoring or audits.
✨Engage with Stakeholders
Think about how you would approach liaising with various stakeholders during compliance reviews. Be prepared to share your strategies for effective communication and collaboration, as this will be key in ensuring compliance across the Group.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Practice articulating how you would handle compliance issues, including how you would monitor actions and ensure they are resolved effectively.