We have an extremely exciting opportunity for a Compliance Monitoring Manager to join our Risk & Compliance team. The main purpose of the role is to support the fostering of a member-focused and appropriate compliance culture across the MPS Group. This requires supporting the development and delivery of effective and appropriate compliance and control frameworks to ensure the business remains within agreed risk appetite as set by the Council.
12% company pension contribution (3% from the individual)
Annual bonus scheme up to 15% (for permanent roles)
Private Medical Insurance
Health Care Cash Plan
25 days annual leave, plus bank holidays
Implement and maintain the MPS Group Compliance Monitoring Plan to deliver compliance with business and legislative and/or regulatory requirements
Regularly monitor business areas systems and controls to ensure policies and processes are being adhered to and to identify any areas of weakness
Work with Business Areas to ensure that deadlines are understood for business and legislative and/or regulatory reporting obligations.
Continually monitor for regulatory developments and assist with implementation of any change required by Lloyds, the FCA or any other home state regulator.
Support the design and maintenance of compliance policies and procedures which meet business and legislative and/or regulatory requirements.
Deputise for the Senior Group Compliance Officer for assigned areas of responsibility.
As the compliance and risk landscape continually changes, keep abreast of evolving legislation and best practice; identify and recommend opportunities for MPS to become more efficient and effective in managing compliance and conduct risk.
The Ideal Candidate
Compliance experience within the regulated financial services industry (preferably insurance) with a strong leaning towards operational,conduct and compliance risk.
Detailed knowledge of the FCA Handbook and Lloyds Minimum Standards
Ability to work with business areas at all levels to constructively challenge where appropriate and add value by working with them to enhance business controls.
Ability to assess risks that may arise and the impacts upon the Organisation, and find solutions that will work with Business stakeholders
Excellent attention to detail
Excellent oral and written communication skills, including ability to influence and persuade
Excellent interpersonal skills to establish positive relationships with a wide variety of people.
Integrity and ability to gain trust and respect of colleagues and external contacts.
About The Company
Medical Protection Society (MPS) is the world’s leading protection organisation for doctors, dentists and healthcare professionals. We protect and support the professional interests of more than 300,000 members around the world, in countries as diverse as the United Kingdom, South Africa and Hong Kong. We strive to be much more than a last line of defence by being at our members’ side at every step, offering support, advice and world-class defence. Membership provides access to expert advice and support together with the right to request indemnity for complaints or claims arising from professional practice. We continue to invest in our team to ensure that we are delivering the best possible service for members. This was recognised in 2016 when we were awarded an Investors in People Silver award.