Pensions Compliance Manager Eden Scott

Due to further growth through purchase of a book of pensions business, a prestigious financial services firm have a rare vacancy for a Compliance manager to join their Edinburgh team. The role can be based remotely with hybrid working. This is a fantastic opportunity for an experienced pensions compliance individual to join their team and make an impact during a period of change where your contribution will be recognised. This role could also progress to director level as the company continues to expand.

Reporting directly to the Managing Director and Board of Directors, the Compliance Manager will be responsible for directing and controlling the company’s compliance activities overseeing the company’s risk framework and implementing new ideas.

Main responsibilities:

• Management of the compliance function to ensure the company meets all regulatory requirements and guidance through the review of existing processes, procedures and controls and enhancing or implementing changes where required.
• Staying up to date with proposed regulatory changes relevant to the Pensions Industry, provide impact analysis of such changes and ensure proactive communication with the business to develop appropriate policy and framework to manage the changes
• Provide day to day advice and guidance to the business on technical compliance matters relating to the sector.
• Act as the first contact point for the Financial Conduct Authority, and other government bodies
• Be accountable for the implementation of compliance policies, procedures and framework which require close collaboration with or execution by the business. Prepare and execute an annual Compliance Monitoring Plan for the business which includes regulatory reporting, sampling and returns.
• Provide reports where necessary to the wider group, including a Compliance Report directly to the Board of Directors.
• Conduct compliance risk assessment processes to detect process gaps and inconsistencies.
• Support and assist the business in the development and sign off new products.
• Acting as the Complaints Manager, co-ordinating, investigating and responding to all complaints and regulatory type investigations within required timeframes.
• Carry out responsibilities as Money Laundering Reporting Officer, as required by the company, legislation and FCA Handbook.
• Co-ordinate the company’s approach to risk, manage the Risk Register, and chair the Risk Committee.
• Provision of support across teams to support the business which will include education and training for sales, administration, marketing, finance. Contribute where required during the Company’s audits and reviews.
• Ensure all annual and ad hoc regulatory reporting obligations are satisfied and completed by their due date.
• Deploy policies, manage the workload of the Compliance Department and be responsible for the management and personal development of the Compliance Associate in the UK.
• Active participation in the various board committees and manager meetings across the wider Group

Knowledge, skills and experience required:

• Good leadership skills gained from experience with the ability to work well with leaders across the business and their own team. A commercial manager who will ensure all regulatory requirements are met, whilst considering the commercial aspects of the business.
• Ability to make independent judgement and take decisions with proven analytical and reporting skills to support decision making and sound reasoning.
• Ability to work with autonomy and operate with clear vision under pressure effectively and efficiently against uncertain and on unfamiliar grounds. Ability to work on multiple projects and prioritise workload and meet strict deadlines. Proven track record in delivering results, and able to manage complexity and uncertainty and find solutions.
• Strong written and verbal communication and interpersonal skills including the capacity to articulate risks and propose solutions.
• Education and Experience
• Strong Technical Compliance and Risk Management knowledge including but not limited to AML/CFT, GDPR and laws and regulations in the Pension Industry.
• Worked in the Financial Services Industry in a Compliance role for at least 5 years and have had exposure to dealing with confidence with Regulators.
• A suitable relevant qualification. Holding a relevant AML/CFT qualification would be a distinct advantage

In return they are offering a very attractive salary and overall package in a close knit, dynamic and autonomous working environment for this pivotal role. Please get in touch by applying now as they hope to interview quickly to discuss with Alison Curran prior to cv submission. Conversations held in the strictest of confidence.