Product Governance Consultant

5 days ago

London, Greater London, United Kingdom Oliver James Full time

Job Title:
Product Governance Consultant (FTC to permanent)

Duration:
18+ months

Rate/Salary:
£40,000-60,000 FTC salary (subject to experience, plus benefits)

Location:
Remote working (remote working & travel into local office once per month)

The Role

  • Work as part of the Product Governance team to ensure business units are compliant in respect of New Product development and Existing Product changes.
  • Conduct comprehensive analysis of the product portfolio to ensure adherence to the highest levels of consumer protection.
  • Develop and implement product governance policies and procedures to ensure adherence to Consumer Duty regulations.
  • Assist with identification and implementation of Product Governance controls, and ensure our processes and best practice are appropriately documented.
  • Be integral to the Product Review process, ensuring Product Assessments are completed annually or as required, and all products go through regular risk reviews.
  • Collaborate with cross-functional teams, including Legal, Compliance, and Product Development, to ensure compliance with regulatory requirements.
  • Monitor industry trends and regulatory changes related to customer duty of care and provide recommendations for necessary adjustments to our product offerings.
  • Conduct regular audits and reviews to assess the effectiveness of our product governance framework.
  • Collaborate with internal stakeholders to ensure that customer feedback and complaints are appropriately addressed and incorporated into product governance processes.

Experience Required

  • Must have experience in product governance, conduct and/or compliance within the UK Insurance industry.
  • Solid understanding of FCA regulations, especially Consumer Duty.
  • Strong analytical and communication skills.
  • Able to work independently and manage cross-team collaboration.
  • Comfortable working in a fast-paced, regulated environment.

If the above role is of interest and you fit the following criteria, please apply online for consideration. Please note that sponsorship cannot be offered for this vacancy.

Apply Now

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