Compliance Consultant
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 investigative 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 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. 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
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