At a Glance
- Tasks: Lead compliance strategies and policies, ensuring alignment with regulatory frameworks.
- Company: Join Premium Credit, a multi-award-winning provider in insurance premium finance.
- Benefits: Enjoy competitive salary, hybrid working, 25 days leave, and private health cover.
- Other info: Diverse workplace with opportunities for personal development and flexible working.
- Why this job: Shape compliance culture and make a real impact in a trusted advisory role.
- Qualifications: Experience in compliance leadership and strong communication skills required.
The predicted salary is between 60000 - 75000 £ per year.
We're hiring a Compliance Policy and Advisory Lead on a 12 month fixed term contract basis.
This role will ensure alignment of our Regulatory Compliance Framework to its regulatory/risk appetite and business objectives. You'll help shape our compliance strategies and policies through business partnership, driving a risk and compliance aware culture. You will lead the advisory to the business on various compliance and regulatory matters and drive an understanding of key regulatory developments and changes.
Benefits
- Competitive salary
- A workplace pension scheme
- Hybrid working, with collaborative days in our Leatherhead/London office
- 25 days annual leave (plus bank holidays), with options to purchase and sell up to 5 days holiday per year (pro rata)
- Private health and dental cover
- Support and investment in your personal development
- 24/7 access to Employee Assistance Programme and Mental Health First Aiders
What we do
Premium Credit is the leading provider of insurance premium finance and a range of annually charged services, including tax, regulatory and accountancy fees, sports season tickets, memberships and school fees in the UK and Ireland. We are a multi award winning business lending more than £4.5 billion to over 2.5 million customers through a network of almost three thousand partners - and growing. Recently certified as a Great Place to Work, we are a successful business with a Trustpilot rating of 4.5, a Net Promoter Score of +78, a Glassdoor rating of 4.3 and a Silver Sustainability medal.
About the role
Reporting to the Compliance Director, you'll partner with the Compliance Senior Manager to ensure effective compliance oversight. You'll enhance and provide oversight on our Compliance Framework and policies ensuring that they evolve in line with business growth, regulatory and legal demands. You will ensure policies are clearly understood acting as a trusted advisor for regulatory or governance queries. The role requires strong stakeholder engagement across all business areas to deliver consistent, risk-based outcomes.
Key responsibilities
- Enhance and provide oversight on PCL's Compliance framework and relevant policies to ensure they evolve in line with business growth and regulatory and legal demands. Owning policies for compliance with FCA and CBI rules, government and other regulations.
- Act as a trusted advisor and point of contact for any regulatory or governance queries by providing guidance and steer to the business.
- Providing Compliance advice and challenge to colleagues on issues and risks relating to their business or function, including the development and launch of new business models, new products and new functional processes.
- Support thematic reviews that provide risk-based oversight and assurance regarding business compliance with policies, procedures, systems, controls and governance requirements.
- Scope, plan and undertake a schedule of compliance policy related projects, focusing on specific processes or key risk areas.
- Maintain the Regulatory Risk Universe and ensure effective controls are in place.
- Provide input to policies, discussing any compliance breaches and remedial action.
- Maintain an awareness of regulatory developments and support the business in assessing impacts. Provide advice on challenges and proposed implementation.
- Log all relevant notices and good practice guidance, communicating to the business and ensuring appropriate response.
- Proactive monitoring and analysis of emerging legislation and regulation that could impact the business.
- As appropriate, represent the Compliance function in committees and business projects.
- Support the provision of high-quality compliance information, analysis and reporting and training provided to the Enterprise Risk Committee, Board Audit, Risk, and Compliance Committees and business teams.
- Provide thought leadership on various regulatory compliance matters, including authoring position papers regarding regulatory compliance, and enhancement opportunities.
Person specification
We are looking for a motivated and experienced compliance professional who can translate complex regulatory requirements into practical policy and provide authoritative advisory support.
Essential
- Substantial experience in a compliance leadership role within a similar complex company.
- Demonstrable knowledge of regulatory requirements and experience interpreting regulatory change.
- Excellent written and verbal communication skills, with the ability to present complex matters clearly to senior stakeholders.
- Good stakeholder management and influencing skills, able to work collaboratively across functions.
- Accomplished in formulating and offering creative and pragmatic solutions to problems and issues.
- The ability to engage and influence at Executive and Board level.
Equal opportunities
Premium Credit are an equal opportunities employer with a strong and passionate commitment to Diversity, Equality and Inclusion in the workplace. We welcome applications from all sections of the community and encourage people from all backgrounds to apply. We are open to part-time working and job share.
Reasonable adjustments
We are committed to providing reasonable adjustments or accommodations for applicants. If you need assistance or support during the recruitment process, please let us know on the application form or by sending an email to recruitment@pcl.co.uk.
Compliance Policy and Advisory Lead in London employer: Premium Credit
At Premium Credit, we pride ourselves on being a Great Place to Work, offering a competitive salary and a comprehensive benefits package that includes hybrid working options, generous annual leave, and private health cover. Our collaborative culture fosters personal development and provides ample opportunities for growth, making it an ideal environment for compliance professionals looking to make a meaningful impact in a dynamic and supportive setting.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Policy and Advisory Lead in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance field and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of regulatory frameworks and recent changes. Be ready to discuss how you can align compliance strategies with business objectives, just like we do at StudySmarter!
✨Tip Number 3
Showcase your advisory skills during interviews. Think of examples where you've successfully guided teams through compliance challenges. This will demonstrate your ability to be a trusted advisor, which is key for this role.
✨Tip Number 4
Don’t forget to 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 being part of our team.
We think you need these skills to ace Compliance Policy and Advisory Lead in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in compliance leadership. We want to see how your skills align with our regulatory framework and business objectives.
Showcase Your Communication Skills:Since you'll be presenting complex matters to senior stakeholders, it's crucial to demonstrate your excellent written communication skills. Use clear and concise language in your application to reflect this.
Highlight Stakeholder Engagement:We value good stakeholder management, so share examples of how you've successfully collaborated across functions. This will show us that you can influence and engage effectively at all levels.
Apply Through Our Website:For the best chance of success, make sure to apply directly through our website. This way, we can easily track your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Premium Credit
✨Know Your Regulations
Make sure you brush up on the latest regulatory requirements relevant to the role. Familiarise yourself with FCA and CBI rules, as well as any recent changes in legislation that could impact the business. This will show your potential employer that you're proactive and knowledgeable.
✨Showcase Your Advisory Skills
Prepare examples of how you've acted as a trusted advisor in previous roles. Think about specific situations where you provided guidance on compliance matters or helped shape policies. This will demonstrate your ability to influence and engage with stakeholders effectively.
✨Engage with Stakeholders
Highlight your experience in stakeholder management during the interview. Be ready to discuss how you've collaborated across functions to deliver risk-based outcomes. This is crucial for the role, so showing your interpersonal skills will set you apart.
✨Communicate Clearly
Practice articulating complex compliance issues in a clear and concise manner. You might be asked to explain a complicated regulatory change, so being able to present this information simply will impress your interviewers and showcase your communication skills.