Compliance Manager (SFS)

Simplyhealth, Abbots Worthy, Hampshire

Compliance Manager (SFS)

Salary not available. View on company website.

Simplyhealth, Abbots Worthy, Hampshire

  • Full time
  • Permanent
  • Onsite working

Posted today, 21 Dec | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: b9d8b179d43c43e68ea5b494da1dd7fc

Full Job Description

We're not just your average health company; we're aiming to revolutionise access to healthcare in the UK by offering innovative health and wellbeing solutions that are affordable, accessible, and effective. From preventive care to comprehensive medical support, we aim to empower individuals to take charge of their health, inspiring them to make the most of their wellbeing. Added to that we're the first health insurer in the UK to be awarded B-Corp status in recognition of our significant achievements in sustainability, in addition to our ambitious environmental and social responsibility goals. As Compliance Manager for Simplyhealth Funding Services (SFS), you'll work in close partnership with group business stakeholders providing excellent stakeholder management and technical support on compliance related matters. You'll identify and share professional and regulatory risks to the business and work with stakeholders to enhance controls as appropriate. This will include promoting an open line of communication between Compliance and the business to provide the business with updates on current compliance initiatives and projects and guide them on how to navigate group control and governance. The Compliance Manager will be the compliance lead for SFS and will be responsible for managing a team of two compliance consultants. SFS is the part of the business that has credit broking and lending permissions, and as such incorporates our start up business, Practi. The roleholder will own and drive the day to day compliance activities for the SFS and Practi, including playing a leading role in supporting from a second line perspective the network of Practi's Introducer Appointed Representatives. They will also proactively identify opportunities and risks to Practi, ensuring they add value through each phase of the process.,

  • Build and maintain positive and proactive relationships with leaders and colleagues across the group, supporting on all aspects of compliance to Simplyhealth Funding Services.
  • Work closely with stakeholders to understand compliance challenges, suggesting and implementing solutions.
  • Act as first point of contact for all compliance related activities, providing expert guidance and advice to stakeholders.
  • Take the compliance lead in relation to supporting and challenging the product and commercial function within SFS and Practi.
  • Providing guidance and oversight to the team to ensure thorough implementation of compliance risk frameworks and adherence to compliance-related policies and procedures
  • Manage the team's effectiveness ensuring they are able to attain and maintain competence, adhere to regulatory processes and have the ability to confidently and effectively perform their role
  • Supporting the professional and technical development of the team to evaluate, review, investigate, challenge, and mitigate potential customer and regulatory risks
  • Collaborating with the team to provide professional regulatory advice to the CRO, CEO, Group Board, ELT, and SLT
  • Ensuring that the team advocates and demonstrates the value of effective regulatory risk advice and provides training across all areas of the Group