Conduct Risk Manager
- Recruiter
- Goodman Masson Recruitment Services Ltd
- Location
- Brighton
- Salary
- 60000.00 - 75000.00 GBP Annual
- Posted
- 27 Jun 2017
- Closes
- 05 Jul 2017
- Sectors
- Banking & Financial Services
- Contract Type
- Permanent
- Hours
- Full Time
Job Duties
Purpose:
* Manage the provision of independent conduct risk advice and guidance to the Mature Savings Division and deliver effective 2nd line challenge to their approach to managing their risks, to ensure that the conduct risk framework, policies and processes are embedded.
Principal Accountabilities:
* Manage the provision of conduct risk advice and guidance on new projects, products, propositions, services and other initiatives to ensure the delivery of fair customer outcomes, and appropriate risk mitigation in line with divisional conduct risk appetite.
* Set and manage the framework for providing 2nd line oversight of conduct risk matters within the Mature Savings business units to ensure appropriate information is gathered and collated on an ongoing basis to enable a robust assessment of the effectiveness of conduct risk management practices.
* Provide advice and guidance to the business on regulatory change, including preparing responses and inputting to lobbying proposals, to ensure early awareness of initiatives and effective identification and management of new and changing conduct risks.
* Develop and maintain effective and close working relationships with the relevant business areas, Other Conduct Risk teams and Chief Risk Officer Savings (CRO) team to ensure effective co-ordination of resources and responsibilities so that all material conduct risks are identified and managed within agreed risk appetite.
* Provide feedback on the effectiveness of the conduct risk management framework and input to the conduct risk monitoring universe to ensure a consistent approach to the setting, managing and assessment of conduct risk across the Mature Savings Divisions and wider business units.
* Maintain up-to-date knowledge of conduct risk requirements, industry best practice and developments, sharing knowledge with the wider Group as appropriate.
* Deputise for Head of Conduct and Savings CRO Senior Management team as required and escalate issues as appropriate.
* Manage, motivate and develop employees at all levels, in a manner that is consistent with the company's policies and procedures including the Partnership Agreement, to maximise the performance of the area
Qualifications, Knowledge and Skills:
* Strong regulatory knowledge and experience of FCA rules and practical application.
* Experience interpreting and applying regulatory rules to practical scenarios and helping to devise compliant, commercially acceptable solutions.
* Strong awareness of Firm's business model and strategy
* Good awareness of the wider business and regulatory environment and ability to understand the potential impacts of market and regulatory changes on firm.
* Understanding of the principles of operational risk management, especially in relation to regulatory and customer focused risks.
Purpose:
* Manage the provision of independent conduct risk advice and guidance to the Mature Savings Division and deliver effective 2nd line challenge to their approach to managing their risks, to ensure that the conduct risk framework, policies and processes are embedded.
Principal Accountabilities:
* Manage the provision of conduct risk advice and guidance on new projects, products, propositions, services and other initiatives to ensure the delivery of fair customer outcomes, and appropriate risk mitigation in line with divisional conduct risk appetite.
* Set and manage the framework for providing 2nd line oversight of conduct risk matters within the Mature Savings business units to ensure appropriate information is gathered and collated on an ongoing basis to enable a robust assessment of the effectiveness of conduct risk management practices.
* Provide advice and guidance to the business on regulatory change, including preparing responses and inputting to lobbying proposals, to ensure early awareness of initiatives and effective identification and management of new and changing conduct risks.
* Develop and maintain effective and close working relationships with the relevant business areas, Other Conduct Risk teams and Chief Risk Officer Savings (CRO) team to ensure effective co-ordination of resources and responsibilities so that all material conduct risks are identified and managed within agreed risk appetite.
* Provide feedback on the effectiveness of the conduct risk management framework and input to the conduct risk monitoring universe to ensure a consistent approach to the setting, managing and assessment of conduct risk across the Mature Savings Divisions and wider business units.
* Maintain up-to-date knowledge of conduct risk requirements, industry best practice and developments, sharing knowledge with the wider Group as appropriate.
* Deputise for Head of Conduct and Savings CRO Senior Management team as required and escalate issues as appropriate.
* Manage, motivate and develop employees at all levels, in a manner that is consistent with the company's policies and procedures including the Partnership Agreement, to maximise the performance of the area
Qualifications, Knowledge and Skills:
* Strong regulatory knowledge and experience of FCA rules and practical application.
* Experience interpreting and applying regulatory rules to practical scenarios and helping to devise compliant, commercially acceptable solutions.
* Strong awareness of Firm's business model and strategy
* Good awareness of the wider business and regulatory environment and ability to understand the potential impacts of market and regulatory changes on firm.
* Understanding of the principles of operational risk management, especially in relation to regulatory and customer focused risks.