3. Risk Events/Regulatory Breaches – Ensure the Risk Event reporting process is easily accessible available to the 1st Line Business, and enables timely recording and escalation. Support and facilitate the investigation and assessment of event impacts and root cause analysis.  Provide comfort to Risk and Compliance Business Partners (based on in-depth business insight) that potential or actual risk events (including conduct risk events) and regulatory compliance breaches are investigated, acted on in a timely manner and reported/escalated as appropriate

4. Policy Management/Attestation -Facilitate and manage the annual attestation process in respect of CLUK owned operating policies and Compliance Function owned operating policies by  reviewing and challenging responses from the 1st Line Business, and ensuring the policies meet business requirements and regulatory expectations. Support the business in understanding their policy related requirements and the Compliance Policy related requirements, ensuring these are adequately reflected in relevant processes and procedures. Provide feedback on overall compliance with applicable policy requirements and formally report any known policy exceptions to the Policy Owner and Risk and Compliance Business Partners

5. Financial Crime Management – In conjunction with the Financial Crime Team in 2nd Line Compliance Function, assist the 2nd Line regulatory compliance oversight of 1st Line Business activities relating to financial crime prevention by helping the Business in resolving relevant Sanctions/PEP screening matches, managing Gifts and Hospitality requirements and carrying out AML checks.
 

6. Data Privacy Management – Fostering a culture of awareness and accountability and encouraging necessary training, co-ordinate the reporting of all BU data protection (DP) breaches/events, ensuring material Data Protection events are escalated to the Head of Data Privacy and Data Protection (in 2nd Line Compliance Function). Working with the 1st Line Business, project managers and 2nd Line Compliance Function, provide intermediate data privacy guidance on business as usual activities and where changes to products, services or business processes may impact any privacy obligations. Perform clear desk checks, reporting findings and any related breaches. 

7. Governance - Provide updates and input, as required, to 2nd Line Risk and Compliance Functions reporting for CLUK Management and Board Committees. Attend relevant business management meetings/groups and support the RCSA reporting by providing input, review and challenge to risks (including regulatory/conduct risks), controls and risk indicators.

8. Communication and Training – Support the 1st Line Business Management in designing and delivering ongoing risk education to staff and training on relevant regulatory compliance obligations. Support the design and delivery of 2nd Line Risk and Compliance training programmes and the embedding of risk and compliance awareness/knowledge across the business.

9. Skills and Knowledge - Develop and maintain a deep knowledge  of the Business Units' products & services as well as comprehensive technical knowledge of risk governance practices and processes (as part of a wider enterprise risk management framework) and compliance technical knowledge in respect of the FCA Handbook and any other key regulatory requirements.

Who you are

Qualifications
 
Degree level qualification or recognised industry /professional qualification
 
What you'll like about working here
 
As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You'll also receive the support you need with your personal and professional development.
Our focus is to have an engaged, committed and motivated work force, operating in a high performing and collaborative culture. We want to create an organisation that offers opportunities for all our people to develop their skills and talent, and build rewarding careers with us.
 
Diversity and inclusion

Canada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.