Conduct Risk Consultant - 1 year FTC
- Recruiter
- Goodman Masson
- Location
- Little London, UK
- Salary
- 35,000 - 45,000
- Posted
- 15 Oct 2020
- Closes
- 27 Oct 2020
- Ref
- 1765231646
- Job role
- Compliance/risk
- Sector
- Accounting - Public practice
A leading insurance firm are seeking a Conduct Risk Consultant for their team for a 1 year fixed term contract. The team are based in Birmingham, however remote working will be considered for the duration of the contract.
Conduct Risk experience is essential for this role and previous experience in the Insurance sector is highly preferred. The successful candidate will be providing independent conduct risk advice and guidance to the business. In addition to this, they will be delivering effective challenge to their approach to managing their risks, to ensure that the conduct risk framework, policies and processes are embedded within the business.
Key duties:
Knowledge required:
Conduct Risk experience is essential for this role and previous experience in the Insurance sector is highly preferred. The successful candidate will be providing independent conduct risk advice and guidance to the business. In addition to this, they will be delivering effective challenge to their approach to managing their risks, to ensure that the conduct risk framework, policies and processes are embedded within the business.
Key duties:
- Proactively identifying all material conduct risks for the business, investigating these to understand their impact and ensuring effective risk management is in place to mitigate any adverse impacts, providing a reliable, up to date view of all risks
- Owning and maintaining up-to-date knowledge of conduct risk developments
- Providing challenge to the business on their approach to managing conduct risks to ensure that they are regularly reviewing and updating their policies and processes to deliver fair customer outcomes and operate within agreed conduct risk appetite
- Participating in knowledge sharing across the Conduct team, so that the business receives a professional and credible service on the conduct risk framework
- Deputising for Conduct Risk Managers as directed and escalate significant issues as appropriate
Knowledge required:
- Strong regulatory knowledge and experience of FCA rules and practical application
- Experience of interpreting and applying regulatory rules to practical scenarios and helping to devise compliant, commercially acceptable solutions
- Good understanding of the principles of risk management, especially in relation to regulatory and customer focused risks