About The Role Make sure to apply with all the requested information, as laid out in the job overview below.
RAC are on the hunt for a Compliance Advisory Manager who will sit in the 2 nd line as part of the Compliance Advisory Team in the Governance, Risk and Compliance function.
You will provide independent relevant expert advice, challenge and input to our business divisions and ensure conduct and regulatory risks are appropriately evaluated and escalated.
The role will act as compliance business partner with the senior leadership teams of our business divisions, and their direct reports to ensure that both the current and future activity of the company leads to good customer outcomes and complies with its regulatory obligations.
What you will do Provide practical and pragmatic advice and interpretation on regulatory compliance, customer outcomes and conduct matters to the business to ensure products, processes and company policies meet regulatory and legal requirements, are customer focussed and within RAC risk appetite, to include: Governance committees Product and Pricing decision forums Change projects (at steering and project working group levels) Provide 2nd line sign off for financial promotions Maintain effective 2 nd line oversight of product governance - manufacture and distribution.
Maintain stakeholder relationships (including Senior Managers and Certified population) with the business to act as a point of contact and recognized expert for any compliance advisory support provide an escalation point or second line challenge on BAU regulatory compliance and conduct matters, including incident management and breaches.
Qualifications The successful candidate will have proven experience in governance and/or compliance role and be able to demonstrate knowledge of UK Financial regulations including FCA Handbook, FCA Financial Promotion regime , PRA Rulebook, Solvency II requirements To ensure you are successful in this role you will have a good level of commercial awareness as well as an in-depth knowledge of regulated and unregulated products, as well as the wider market (general insurance) Qualifications/FSA: Education to degree level preferred (preferably in law, compliance, business administration) Equivalent compliance diplomas or experience will be considered In return, we offer... At RAC, our colleagues do whatever it takes to help our customers.
And we believe in rewarding you in return.
As well as a competitive salary, you'll have all these extra benefits: FREE RAC Ultimate Complete Breakdown Service from Day One.
25 days annual leave entitlement plus bank holidays.
Option to join RAC's Group Personal Pension scheme where we will match / contribute up to 6.5% on qualifying earnings.
2 x Basic Salary Core Employer funded Life Assurance cover (4 x for pension scheme members) with the option to flex up to 10 x cover through our flexible benefits offering.
Family leave support including paid time off, flexibility and resources to help balance work and family commitments.
Confidential personal support service, available 24 hours a day every day of the year for you and any family members ages 16+ in your household.
Car salary sacrifice scheme - after 12 months of employment, where you'll enjoy significant tax savings, including electric vehicle options.
Access to Orange Savings, our online discounts portal offering 1000's of savings on high street retailers, supermarkets, holidays, tech and much, much more.
FREE onsite parking.
When you join us you will automatically be opted into our Colleague Share Scheme, called 'Owning it together'.
This is a unique opportunity for our colleagues to get rewarded for the outstanding work they deliver, to share in the future success of the RAC and is no ordinary work benefit, incentive, or bonus!
JBRP1_UKTJ