Description
Client Financial Outsourcing Services Ltd (WFOSL) is looking for a Compliance Advisory Manager - Workplace Pensions with previous experience of advising on policies and SOP's as well as regulatory interpretation covering trust-based Workplace Pensions. This is a new role which will be at the heart of the growth agenda for the organisation. The role will have a primary focus on leading the delivery of one of our core strategic deals, whilst also contributing to the wider development of our financial outsourcing services
As a Compliance Advisory Manager - Workplace Pensions you will:
- Help set all guidance & Policies beyond just regulatory needs
- Advise on proposed Operational Standard Operating Procedure (SOP) pre implementation and suggest amendments and/or enhanced controls where needed
- Deliver initial training as transformation commences
- Ensure aware of all regulatory changes that may affect the business, analyse as to effect and possible changes in Operations and ensure disseminated to Management as early as possible
- Where necessary during Consultation phase engage with Regulators and/or industry colleagues to ensure practical considerations take into account
- Assist in implementing any changes to SOPs required (and necessary training provided)
- Likewise engage with Regulators when business plans or regulatory permissions change
- Advise the business on regulatory interpretation as required on a day-to-day basis
- Ensure all required routine training available/delivered as transition phase commences and ongoing for onboarding employees or as annual mandatory training
- Advise on breaches and complaints management
- Liaise with/oversee offshore colleagues in same function (as to their obligation with local regulatory needs)
Mandatory Skills:
- Previous experience of advising on Policies and SOPs
- Ongoing advisory regulatory interpretation, covering trust-based Workplace Pensions/DC Pensions/Occupational Pensions
- Previous experience of contract-based pensions and other Retail Investments is desirable