Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Help shape compliance strategies and ensure regulatory standards are met in a dynamic financial environment.
- Company: Join Scottish Friendly, a progressive mutual life insurance office with a rich 160-year history.
- Benefits: Enjoy competitive pay, generous leave, wellness support, and exciting recognition awards.
- Why this job: Make a real impact on customer outcomes while growing your career in compliance.
- Qualifications: Experience in compliance within life insurance and strong communication skills are essential.
- Other info: Flexible hybrid working model with opportunities for professional development.
The predicted salary is between 36000 - 60000 £ per year.
Do you want to be part of something more than just a financial services business? Do you believe everyone, regardless of wealth, should have the opportunity to save and look after their loved ones? Do you want to be part of something that has been here for 160 years and help it be here for 160 more? Scottish Friendly have an exciting opportunity to join our team. Based in Glasgow City Centre, we are one of the most progressive mutual life insurance offices in the UK. We have a strong, clear culture which has grown since 1862 with our customers and colleagues of today and the future being at the heart of that growth.
Scottish Friendly (SF) is a growing business and is proud of the significant growth delivered over the last five years through our strategy of organic growth, mergers and acquisitions and business process outsourcing. SF operates a three lines of defence model. This role sits within our Policy and Guidance Compliance Team within the Risk & Compliance second line of defence function. The Risk & Compliance function is key in helping the Scottish Friendly Executive Management Team and Board to understand how regulatory and conduct risks are being managed across the entire business and good customer outcomes are being delivered.
Key responsibilities:
- Identify, interpret and communicate new regulatory and legislative changes potentially impacting Scottish Friendly.
- Collaborate, advise and support internal stakeholders in relation to the impact and implementation of changes to comply with new regulatory requirements.
- Prepare updates providing a 2nd line view to the Executive Management team on the regulatory risk of the implementation of regulatory change.
- Maintain and develop relationships with key stakeholders with a view to assisting them meet regulatory standards whilst retaining the independent status required of a second line of defence function.
- Assist the Compliance Manager in providing support and guidance of key business developments.
- Provide guidance to wider stakeholders on compliance matters taking into account good customer outcomes.
- Remain up to date on financial regulations and support activities to comply with these regulations.
Qualifications & Skills:
- Knowledge of Life, Pensions, Savings, and Pure Protection products.
- Degree or professionally qualified, or hold additional qualifications related to financial services and compliance/risk (e.g. CISI compliance diploma).
- Experience of having worked within the Compliance function of a life insurance company.
- Experience of delivering high-quality outputs to a high level of consistency within a demanding environment with minimum supervision.
- Strong technical and organisational skills with the ability to multi-task to meet deadlines.
- Confidence to question/confront issues - ability to probe, challenge and influence others to achieve agreement.
- Willingness to take ownership and accountability for delivery.
- Report writing - the ability to produce timely and accurate reports delivering key issues and messages.
- Excellent communication skills with proven ability to challenge and investigate business issues.
- A friendly, helpful, and positive manner with an optimistic, open, and flexible approach.
With assets under management of over £4.2bn and more than 853,000 members we have lots to look after and lots more to do. If you want to be part of the team and you think this is you, we would love to hear from you.
We support life inside and outside work, offering:
- Recognition awards: Win exciting prizes, including one weeks’ annual leave plus £3,000 spending money.
- Refer-a-friend scheme: Earn rewards for bringing talented friends to our team.
- Annual Leave: 25 days annual leave (rising to 28 with service) plus 8 bank holidays, and options to buy or sell extra days.
- Supporting the future: 10% employer pension contribution, 4 x group life cover.
- Getting around: Access to cycle-to-work schemes, Electric Vehicle scheme and travel loans.
- Wellbeing: 24/7 GP access, EAP, Private Healthcare, and free legal/financial advice a variety of savings at top high street and online retailers.
- Hybrid model with up to three remote days per week, totalling 35 hours per week Monday to Friday.
We are committed to creating an inclusive environment where all colleagues feel valued, respected and represented. If you require any accommodations during the application process, please don’t hesitate to let us know.
Compliance Consultant in Glasgow employer: Scottish Friendly
Contact Detail:
Scottish Friendly Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Consultant in Glasgow
✨Tip Number 1
Network like a pro! Reach out to current employees at Scottish Friendly on LinkedIn or through mutual connections. A friendly chat can give you insider info and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of compliance regulations and the financial services sector. Show us you’re not just a candidate, but someone who’s genuinely passionate about making a difference in the industry.
✨Tip Number 3
Practice your communication skills! You’ll need to articulate complex compliance issues clearly. Try explaining them to a friend or family member to ensure you can break it down simply.
✨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, we love seeing candidates who take that extra step!
We think you need these skills to ace Compliance Consultant in Glasgow
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Compliance Consultant role. Highlight your relevant experience in compliance and risk management, and show us how your skills align with our mission at Scottish Friendly.
Showcase Your Knowledge: Demonstrate your understanding of financial regulations and compliance matters in your application. We want to see that you’re up-to-date with industry changes and can communicate these effectively.
Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points where necessary to make it easy for us to read through your qualifications and experiences without getting lost in lengthy paragraphs.
Apply Through Our Website: We encourage you to apply directly through our website. This way, you’ll ensure your application reaches us quickly and efficiently, and you’ll get a feel for our culture and values while you’re at it!
How to prepare for a job interview at Scottish Friendly
✨Know Your Regulations
Make sure you brush up on the latest financial regulations and compliance standards relevant to the life insurance sector. Being able to discuss recent changes and their implications will show that you're proactive and knowledgeable, which is crucial for a Compliance Consultant.
✨Showcase Your Communication Skills
Prepare examples of how you've effectively communicated complex regulatory information to stakeholders in the past. This role requires excellent communication skills, so be ready to demonstrate your ability to explain compliance matters clearly and concisely.
✨Demonstrate Stakeholder Management
Think of instances where you've successfully collaborated with internal teams or external partners to implement compliance changes. Highlighting your experience in building relationships and providing guidance will resonate well with the interviewers.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and ability to handle compliance challenges. Practice articulating your thought process and decision-making strategies, as this will showcase your analytical abilities and confidence in confronting issues.
