Compliance Advice Manager

Reporting to the Head of Compliance Advice (an FCA certified individual), this exciting role in the BMW Financial Services Compliance Function provides high-quality compliance advice on the Group’s FCA regulated consumer credit/hire and general insurance products and services.

In this role you will:

• Deputise for the Head of Compliance Advice regularly and, as needed, for the Head of Compliance.
• Provide expert compliance advice, solutions and recommendations to senior management and the businesses on consumer credit/hire and general insurance products and services offered by the Group in the UK and the Republic of Ireland.
• Develop strong partnerships throughout the businesses and with our regulatory legal team and other internal departments including sales, operations, internal audit, HR and risk management.
• Deliver high quality analysis and communication around regulatory developments.
• Provide expert advice and compliance leadership on regulatory change, policy and strategic projects.
• Develop first class compliance processes, policies, manuals, plans and guides.
• Support an effective and independent compliance framework and culture including compliant business processes and models.
• Support robust compliance breach and risk management processes seeing issues through to resolution.
• Deliver high quality investigative reports and recommendations.
• Provide expert support on regulatory engagement and supervisory matters.
• Deliver high quality training to senior management and our businesses.
• Develop and coach members of the compliance team via training and 121 mentoring.

Qualifications

• Educated to degree standard.
• 8 years’ plus experience in a compliance or regulatory legal role in a financial services firm; prior experience of consumer credit/hire, general insurance and motor finance industry a considerable advantage.
• Expert knowledge of the Consumer Credit Act (CCA), CONC, ICOBS, COCON, SYSC and SUP is essential.
• Strong knowledge of TC, FCA high-level standards and SMCR-related requirements is needed.
• Good knowledge of UK and European legislation, codes of practice, industry guidelines, competition law and modern slavery requirements is helpful.
• Deep experience of a variety of compliance disciplines and practices including advice, training, regulatory relations, monitoring, investigations, gap analysis, project planning, presentation, report and policy writing, development of MI and compliance processes and complaints, risk and breach management is a real positive.
• A legal or accountancy background and a good project management track record and/or qualification are ideal.

The role holder will provide emergency and general cover for all or part of the role of the Head of Compliance Advice and will be expected to support and deputise for the Head of Compliance (an SMF) as and when required.

As a part of the BMW Group, a career with BMW Financial Services (GB) Ltd can offer long term opportunities for growth and development locally, nationally and internationally. The BMW Group invests in its employees and boasts a positive and supportive culture and flexible working environment. We are based in prestigious offices in Farnborough that provide a great place to work with good people and exciting, engaging and industry leading brands