At a Glance
- Tasks: Shape and deliver solutions in product governance for a leading managing agent.
- Company: Join G MASS, a dynamic consultancy in the financial services sector.
- Benefits: Competitive salary, flexible contract length, and opportunities for professional growth.
- Other info: Collaborative environment focused on practical solutions and ongoing review processes.
- Why this job: Make a real impact on product design while navigating exciting challenges in conduct risk.
- Qualifications: Strong background in Consumer Duty and Conduct Risk with insurance experience.
The predicted salary is between 40500 - 49500 £ per year.
Description
G MASS is looking to deploy an experienced Consumer Duty / Conduct Risk consultant into a third-party managing agent client.
This is not a pure execution role.
The client is looking for someone who can bring sound judgment, strong industry knowledge, and practical experience in conduct and product governance to help shape and deliver solutions at the product design stage.
The consultant will be deployed by G MASS to work directly with the managing agent client, acting as an extension of G MASS in front of that client rather than as a back-office reviewer.
The focus is pragmatic, risk-based product governance review, not legal sign-off, and the successful candidate will be comfortable making practical judgment calls rather than mechanically applying a checklist.
Core Responsibilities
• Review and assess product design documentation, including
- Product Information Documents (PIDs)
- Schedules
- Policy wording
- Support client decisions on Consumer Duty / conduct requirements during the product design stage.
- Apply a defined framework to determine light, medium, or heavy-touch review requirements by jurisdiction and product type.
- Ensure there is sufficient evidence and rationale to support the level of review applied - including for low-touch assessments - so the managing agent client can demonstrate this to their own stakeholders and regulators.
• Identify and clearly distinguish between
- Products or documents that are acceptable, though not perfect
- Products or documents that are unacceptable for a given jurisdiction
- Research and navigate jurisdiction-specific requirements as needed, across multi-territory, multi-class insurance products.
- Help work through the managing agent client's existing backlog while helping to shape a more sustainable, ongoing review process.
Requirements
- Strong background in Consumer Duty / Conduct Risk within financial services.
- Good working understanding of product governance and design.
- Substantial insurance experience.
- Experience working across multi-territory environments.
- Experience across multiple lines / classes of insurance business.
- Comfortable interpreting requirements across different jurisdictions without needing to know every local rule from memory.
Benefits
- Length: Initial 6-month contract
- Salary/Rate: to be discussed
Consumer Duty / Conduct Risk Consultant - Product Governance in London employer: G MASS
G MASS is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets finance. Employees benefit from a collaborative culture that encourages professional growth and development, alongside competitive remuneration and flexible working arrangements. With a focus on enhancing broker data handling capabilities, this role provides a unique opportunity to work with cutting-edge technology and contribute to impactful projects within a leading hedge fund.
StudySmarter Expert Advice🤫
We think this is how you could land Consumer Duty / Conduct Risk Consultant - Product Governance in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like G MASS.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like G MASS might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Consumer Duty / Conduct Risk Consultant - Product Governance in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at G MASS will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at G MASS. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give G MASS confidence in your short-term commitment to the role.
How to prepare for a job interview at G MASS
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with G MASS.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure G MASS that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
