Senior Compliance Advisory Officer

Are you ready to chart your own career path? At SJP we need talented individuals like yourself to support our evolving culture. If you’re seeking an employer that is passionate about excellence, innovation and autonomy, SJP could be the place for you.

At a glance:

Location: Cirencester Office

Workplace Type: Hybrid

Employment Type: Permanent

Seniority: Mid-Senior Level

The role:

The St. James’s Place Risk and Compliance Division (RCD) designs the risk frameworks under which the first line operate and is committed to challenging and supporting the businesses own risk management, providing advice, oversight and effective challenge. Compliance Advisory teams fulfil a key part of this remit, by providing independent advice and oversight regarding FCA conduct regulations on an ongoing basis, via close and continuous engagement with business leaders, and more formal governance and risk management processes. Within this remit the Senior Compliance Advisory Officer will provide thought leadership on complex and strategic regulatory and conduct matters, supporting their respective Head of Compliance Advisory, as well as the Group Compliance Director and Group Chief Risk Officer. They may also line manage more junior team members.

What you'll be doing:

• Working with the relevant regulated entity Head of Compliance on regulatory and conduct matters, including leading collaborative work and providing thought leadership with senior business leaders to establish “in-house views” on material complex and contentious issues.
• Maintain a core understanding of regulatory priorities and issues including Consumer Duty, PROD, SUP and COBS, CASS, and Fund Management.
• Provide quality advice, oversight, and subject matter expertise on business strategy to facilitate delivery of business objectives.
• Lead the development, maintenance, and overseeing group policies on key Compliance and Regulatory topics.
• Provide SME advice and oversight of complex business change initiatives and BAU decision-making.
• Oversight of BAU activity regarding Conduct and Regulatory risk management through effective review, challenge, and development of formal evidence-based opinions. Principally via involvement in BAU governance and processes such as RCSA, Consumer Duty reporting, and Product Governance.
• Leading independent Compliance assessments regarding Conduct and Regulatory risks, informing Board Reporting.
• Present, where appropriate, on regulatory issues to the SJP Board, ExCo and other relevant governance and management fora and engage with the leadership team and wider business on regulatory issues.
• Oversight of business issues management, including overseeing the business‘s timely logging of conduct, client outcome or regulatory issues, and their subsequent monitoring, remediation, and closure in line with internal standards.
• Supporting staff and management in their training, understanding and awareness of Conduct and Regulatory risks.
• Highlight and escalate gaps in business adherence to and effective application of internal policies, procedures, and regulatory requirements.
• Lead by example to foster a culture of compliance across SJP. Work collaboratively with Compliance Monitoring, Assurance, SMCR, Risk, and Regulatory Change teams to provide insights and support activities.
  
  

Who we're looking for:

We’re looking for a confident and collaborative advisor who can engage at all levels. You will be comfortable applying regulatory expectations in a commercial context and bring clarity and insight to complex issues.

Essential Criteria

• Extensive experience in Compliance Advisory roles covering manufacturing of retail insurance-based investment products and non-workplace pensions with a strong understanding of the three lines model.
• Expert on interpretation and application of the Consumer Duty and FCA rules (e.g. COBS, PROD, CASS).
• Proven ability to provide risk-based opinions and challenge senior business leaders (SMFs) on decisions related to business strategy, proposition design, and processes and controls.
• Ability to produce clear, comprehensive and concise scope documents, working papers and compliance reports
• Familiarity with the operation of effective risk and control frameworks, including RCSAs, Materiality Assessments and Issues Management.
  
  

Desirable Criteria

• Experience in Compliance Advisory role covering the provision of retail execution and custody services.
• CII or other regulatory qualifications.
  
  

What's in it for you?

We reward you for the work you do, whether that’s through our discretionary annual bonus scheme that reflects both personal and company performance, competitive annual leave allowance (28 days plus bank holidays, with the option to purchase an additional 5 days), or online rewards platform with a variety of discounts.

We also have benefits to support whatever stage of life you are in, including:

• Competitive parental leave (26 weeks full pay)
• Private medical insurance (optional taxable benefit)
• 10% non-contributory pension (increasing with length of service)
  
  

Reasonable Adjustments We're an equal opportunities employer and want to ensure our recruitment process is accessible and inclusive for all, if you require reasonable adjustment(s) at any stage please let us know by emailing us at [email protected]

Research tells us that applicants (especially those from underrepresented groups) can be put off from applying for a role if they do not meet all the criteria or have been on an extended career-break. If you think you would be a good match for this role and can demonstrate some transferable experience please apply, regardless of whether you tick every box.

What's next?

If you're excited about this role and believe you have the skills and experience we're looking for, we'd love to hear from you! Please submit an application by clicking ‘apply’ below and our team will be in touch.

As a business regulated by the FCA we would advise you to familiarise yourself with the conduct regulations and in particular consumer duty obligations prior to an interview with SJP.