Compliance Manager in Cheltenham

Compliance Manager in Cheltenham

Cheltenham Full-Time 50000 - 60000 £ / year (est.) No home office possible
Flood Re Limited

At a Glance

  • Tasks: Lead compliance efforts to ensure Flood Re meets regulatory standards and corporate policies.
  • Company: Join Flood Re, a pioneering collaboration in affordable flood insurance.
  • Benefits: Enjoy a supportive culture, competitive package, and opportunities for professional growth.
  • Why this job: Make a real difference in flood risk management while developing your compliance expertise.
  • Qualifications: Studying or qualified in compliance, with experience in operational compliance roles.
  • Other info: Be part of a diverse team committed to social purpose and continuous improvement.

The predicted salary is between 50000 - 60000 £ per year.

Identify, assess, monitor, report and advise on all matters of compliance, to support the Board and senior management in carrying out their responsibilities in relation to compliance management and ensure that Flood Re business is conducted in accordance with corporate policies under the appropriate framework of laws, regulations and standards and assist Flood Re in its aim of becoming a world-wide centre of excellence for flood risk.

As an independent part of the second line of defence, the Compliance Manager will monitor conduct risk, general compliance risk including that arising from activities of outsourced service providers and share with the Risk and Internal Audit teams the findings of their activities.

Manage Flood Re’s compliance activities: implement and manage the Compliance framework (including the compliance monitoring activities) and all related policies, processes and tools and provide consultation and advice on compliance matters, to ensure that Flood Re remains compliant. Manage and maintain records, logs, registers and other artefacts that form part of Flood Re’s compliance framework. Make timely, appropriate submissions and reports to the FCA and PRA. Responsible for compliance training and any associated learning platform and the successful onboarding of new joiners insofar as compliance activities are concerned. Monitor external sources to ensure proactive management of new compliance regulations. Monitor and oversee the policies and procedures of outsourced providers.

Evaluate and review Flood Re’s compliance with standards and regulations and elevate any risks and issues in a timely fashion to ensure they are handled appropriately and in line with regulatory expectations and Flood Re’s own policies and approach to performance management. Analyse and interpret Flood Re’s compliance strategy and manage development of new compliance policies to drive the implementation of the overall Flood Re strategy. Provide internal Compliance reporting (including on whistleblowing) to demonstrate that Flood Re is meeting its compliance obligations. Develop and maintain management tools to provide MI to demonstrate that Flood Re is fulfilling its statutory responsibilities. Maintain and oversee the incident management process. Critically review Compliance working practices, recommend, and implement new/improved ways of working in order to contribute to the establishment of a continuous improvement culture across the organisation. Ensure that all Compliance activities are undertaken with a mind to meeting Flood Re’s public accountability obligations.

Knowledge, Skills and Experience

  • Completed or studying for a compliance professional qualification (CISI or equivalent), with experience in an operational compliance function.
  • Strong understanding of FCA and PRA regulatory requirements (including SMCR) and relevant industry standards.
  • Relevant experience within the insurance or wider financial services sector.
  • Methodical, diligent and detail-oriented, with strong analytical skills and the ability to interpret information quickly.
  • Experience of effective horizon scanning and taking proactive steps to future-proof Flood Re’s compliance framework.
  • Proven ability to produce high-quality management information, maintain accurate records and deliver clear reporting.
  • Investigative and analytical mindset, able to identify issues, determine root causes and use logical reasoning to resolve complex or ambiguous situations.
  • Committed to continuous improvement, consistently enhancing processes, documentation and ways of working.
  • Constructively challenges existing practices and seeks opportunities to improve efficiency, reduce risk and optimise performance.
  • Highly organised with strong follow-through, delivering high-quality work within agreed timeframes and working effectively both independently and collaboratively.
  • Advocates for simplicity, designing intuitive processes and clear documentation without compromising governance or control.
  • Experience in designing, delivering and embedding specialist compliance training and monitoring activities.
  • Proficient in Microsoft Office and comfortable adopting new digital tools to improve efficiency and ways of working.
  • Self-aware, personable and professional, demonstrating sound judgement, and the ability to build strong relationships across the organisation.

Compliance Manager in Cheltenham employer: Flood Re Limited

Flood Re is an exceptional employer that champions a supportive and inclusive work culture, where employees are empowered to contribute to a vital social purpose. With a strong focus on professional development, Flood Re offers comprehensive training and growth opportunities, ensuring that team members can thrive in their roles while making a meaningful impact in the insurance sector. Located in a collaborative environment, employees benefit from a diverse team and a commitment to continuous improvement, making it an ideal place for those seeking rewarding and purposeful careers.
Flood Re Limited

Contact Detail:

Flood Re Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Compliance Manager in Cheltenham

✨Tip Number 1

Network like a pro! Reach out to people in the compliance field, especially those at Flood Re. A friendly chat can open doors and give you insights that a job description just can't.

✨Tip Number 2

Prepare for the interview by brushing up on FCA and PRA regulations. Show us you know your stuff and can talk about how you'd tackle compliance challenges at Flood Re.

✨Tip Number 3

Don’t just focus on your qualifications; share real-life examples of how you've improved compliance processes. We love hearing about your hands-on experience!

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in being part of our mission at Flood Re.

We think you need these skills to ace Compliance Manager in Cheltenham

Compliance Management
Regulatory Knowledge (FCA and PRA)
Analytical Skills
Attention to Detail
Risk Assessment
Policy Development
Training and Development
Incident Management
Continuous Improvement
Communication Skills
Project Management
Microsoft Office Proficiency
Relationship Building
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Compliance Manager role. Highlight your experience with compliance frameworks, regulatory requirements, and any relevant qualifications. We want to see how your skills align with what Flood Re is looking for!

Showcase Your Analytical Skills: Since this role requires strong analytical abilities, don’t shy away from showcasing examples where you've identified issues or improved processes. We love seeing how you’ve tackled complex situations in the past!

Keep It Clear and Concise: When writing your application, clarity is key! Use straightforward language and avoid jargon. We appreciate a well-structured application that gets straight to the point while still demonstrating your expertise.

Follow the Anonymisation Guidelines: Remember to anonymise your CV as per our guidelines before submitting it. This helps us ensure a fair recruitment process. Just remove your name and any identifiers, and you’re good to go!

How to prepare for a job interview at Flood Re Limited

✨Know Your Compliance Stuff

Make sure you brush up on FCA and PRA regulations before the interview. Being able to discuss these in detail will show that you’re not just familiar with compliance but that you can also apply this knowledge practically.

✨Showcase Your Analytical Skills

Prepare examples of how you've identified compliance issues in the past and the steps you took to resolve them. This will demonstrate your investigative mindset and ability to handle complex situations effectively.

✨Be Ready to Discuss Continuous Improvement

Flood Re values a culture of continuous improvement, so think about ways you've enhanced processes or documentation in previous roles. Be ready to share specific instances where your contributions made a difference.

✨Build Relationships

Since the role involves working collaboratively across teams, be prepared to talk about how you've built strong relationships in the past. Highlight your interpersonal skills and how they’ve helped you succeed in compliance roles.

Compliance Manager in Cheltenham
Flood Re Limited
Location: Cheltenham

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