Compliance Manager

Compliance Monitoring & Advisory Manager A market leader within vehicle leasing and management solutions is looking to bring on a Compliance Manager. This is a newly created role so will be a great opportunity for someone to come in and really make a difference as they have recently been acquired by a leading Financial Services company. You will work closely with the leading Finance company and work with customers who are part of regulated financial agreements. Hence the leasing company are needing to get FCA permissions, and this means that there is a need for someone to oversee their compliance. Role Responsibilities Overseeing an organisation's adherence to laws, regulations, and internal policies and acting as the primary point of contact for the Appointed Representative (AR) principal firm.This includes, developing and implementing compliance program, conducting monitoring activities, providing guidance and advice to stakeholders, and reporting on compliance status.This role ensures the organisation mitigates risks associated with non-compliance and promotes a culture of ethical and responsible conduct. Job scope Developing and Implementing Compliance Programs including a Compliance Monitoring Plan (CMP): Creating and maintaining comprehensive compliance frameworks, policies, and procedures that align with regulatory requirements and the organisation's risk appetite. Perform regular risk assessment activities, escalating any issues to senior management and relevant stakeholders Conducting Monitoring Activities: Develop, manage and deliver the risk-based annual compliance monitoring plan (CMP), aligned to regulatory risks and business priorities. Regularly assessing the effectiveness of controls, conducting audits, and analysing data to identify potential compliance issues Providing Advice and Guidance: SME for regulatory change, offering timely and practical advice to stakeholders on regulatory requirements, compliance risks, and best practices.This includes supporting projects and change programs and resolving ad-hoc queries.Engage in horizon scanning activities and maintain awareness of regulatory developments and expectations. Reporting and Communication: Preparing and presenting reports on compliance status, findings, and recommendations to senior management and relevant stakeholders. Training and Awareness: Conduct a risk assessment to identify areas where compliance training is most crucial. Create and roll out effective compliance training tailored to specific risks and compliance requirements. Continuous reviews of training needs and education of employees on compliance requirements and promoting a culture of ethical conduct and accountability. Investigating and Resolving Issues: Working with Line1 by investigating potential compliance breaches, working with stakeholders in developing, implementing and monitoring corrective actions, and escalating issues as needed. Staying Updated: Keeping abreast of changes in regulations and industry best practices and sharing knowledge with relevant stakeholders. Collaboration: Working with the businesss principal firm, SCUK risk & legal, to ensure a cohesive approach to compliance and the activities under FCA permissions in place (Appointed representative / full permissions). Attend SCUK Compliance and Conduct Risk Committee to keep up to date on internal business requirements/changes. Skills and experience Behavioural Competencies Analytical and problem-solving skills Ability to influence and build relationships Ability to work independently using own initiative, as well as part of a team Excellent communication and interpersonal skills Attention to detail and accuracy Strong organisational skills and flexibility to adapt to a changing environment Technical Competencies Compliance experience backed with relevant qualifications such as a qualification in risk and compliance from the ICA, IRM or other relevant body. Extensive knowledge of Compliance Monitoring activity and development of plan. A good knowledge of current UK regulation affecting the business and industry. Relationships Internal Stakeholders: Managers and Heads of Department Senior Management Team Functional colleagues SCUK External Stakeholders: Principal firms (FCA Permissions) Regulators (including FCA, PRA, ICO) Trade Associations, including FLA This role is a hybrid role so 3 days on site, 2 days working from home. This can be discussed/negotiated more at interview stage.TPBN1_UKTJ