Senior Compliance Specialist

Who are Diligenta?

Diligenta's vision is to be acknowledged as Best in-class Platform based Life and Pensions Administration Service provider. Customer service is at the heart of everything we do and our aim is to transform our clients' operations. A business that has been described as 'home' by existing employees, we drive a culture that is founded on positive change and development.

Summary of the role

Due to business growth we have a newly created role in the business for a Senior Compliance expert to join our team and support 2nd line oversight. Playing a key technical and advisory role, you will ensure Diligenta and the services we provide our customers are compliant with FCA rules, requirements and principles

Benefits

• 33 days including Bank Holidays
• Eligibility for an annual discretionary bonus scheme
• Personal and career development opportunities to progress your aspirations within the company as well as through our global parent company (Tata Consultancy Services)
• Access to Perks at Work (an online discounted shopping platform) saving you money on a wide range of goods and services, including your weekly food shop, holidays and electrical goods
• Cycle to Work Scheme & Interest free Season Ticket loans
• A companywide Wellbeing programme, including an Employee Assistance Programme and other benefits/resources to support your mental/physical and financial wellbeing
• A comprehensive set of Moments that Matter policies, such as Carer's Leave, Foster Leave and Retirement Leave
• A contributory company pension scheme where we match your contributions up to 6%, Group Life Assurance ('Death in Service") & Group Income Protection
• Apply to find out about our other benefits

What you'll be doing

• Providing compliance advice and guidance to business areas to ensure Diligenta continues to operate compliantly and without enforcement by our regulator
• Overseeing Line 2 Regulatory Oversight (support and challenge) to Diligenta's Client Accounts and 3rd party outsourcers to ensure operational compliance on a day-to-day basis
• Assisting the Compliance Manager by producing regular and ad-hoc regulatory reports as required
• Representing Compliance and provide regulatory support (advice and challenge) to strategic projects and initiatives.
• Responsible for monitoring exposure to regulatory risk, agreeing remedial actions to address issues and close gaps as appropriate
• Maintaining continued oversight of Diligenta regulatory policies, processes, training and internal controls
• Chairing internal forums and committees
• Responsible for training & monitoring of Junior Compliance Specialist, and for providing regulatory guidance and oversight to less experienced colleagues as necessary
• Ensuring Retail Conduct Risk outcomes are fully considered and appropriately addressed

What we're looking for

• Good knowledge of FCA rules and regulations and a thorough knowledge of regulatory development and consultative process
• Strong understanding and generic knowledge of the life and pension industry and associated products
• Sound understanding of regulatory structure and process, regulations and their underlying principles.
• Able to represent at project meetings, forums, committees and in other general meetings.
• Ability to recognise compliance implications of business initiatives, but has commercial awareness and can add value to a proposed solution.

If you need any help or adjustments for any stage within the recruitment process due to health, disability, or any other reason, please let us know.

Ready to take the next step in your career? Apply today and become part of our innovative team!