Compliance Officer - Insurance - Financial Services

## Unlocking Your Compliance Expertise: A Deep Dive into the Compliance Manager Role at John Lewis Financial Services This review provides potential candidates with a comprehensive understanding of the Compliance Manager opportunity within John Lewis Financial Services, highlighting its advantages and key considerations for career advancement.

John Lewis Financial Services is experiencing significant growth, driven by a distinct and accelerating product roadmap. This burgeoning environment presents a compelling opportunity for a skilled Compliance Manager to join their Risk and Compliance team and play a pivotal role in supporting their General Insurance propositions.

Why This Role is an Exciting Career Move:

• Impactful Contribution: As a Compliance SME, you'll be at the forefront of ensuring John Lewis Finance adheres to crucial regulatory and legal requirements for Home, Car, and Pet insurance products. Your expertise will directly contribute to delivering excellent customer outcomes and maintaining a strong position of regulatory compliance.
• Growth-Oriented Environment: The accelerating growth plan of John Lewis Financial Services signifies a dynamic and evolving landscape, offering ample opportunities for professional development and exposure to new challenges.
• Strategic Collaboration: You'll work in close partnership with the Insurance Value Stream and Third Party Principals, fostering a collaborative approach to achieving fair customer outcomes and proactively identifying and mitigating risks.
• Project Involvement: This role offers the chance to support the delivery of projects and business changes, providing timely and accurate regulatory guidance, which is invaluable for expanding your project management and strategic advisory skills.
• Hybrid Working Flexibility: Embracing a modern work approach, the Partnership offers a hybrid working model, allowing you to balance personal needs with business requirements. The team aims for approximately one day per week in the office for connection and collaboration, with ad-hoc attendance for key meetings. This flexibility can be a significant advantage for work-life balance.
• Competitive Remuneration: The salary range of £46,000.00 - £69,000.00 reflects the importance and expertise required for this role. Additionally, for those enrolled in Enhanced Hours Premium arrangements, night premium of £5.00 per hour will be applied for time worked between 22:00 - 06:00 if you join by October 5th.
• Being a Partner: As part of the John Lewis Partnership, you'll join the UK's largest employee-owned business. This unique ownership model fosters a culture of shared responsibility, rewards, and a strong sense of belonging. Your voice will be valued, and you'll contribute to the collective success and evolution of cherished brands like John Lewis and Waitrose.

Key Considerations for Aspiring Candidates:

• Contractual Nature: This position is a Secondment/Fixed Term contract for 6 months only. Candidates should be aware of this limited duration and consider how this fits within their broader career objectives.
• Regulatory Acumen: A strong understanding of the UK Financial Services regulatory framework, specifically FCA Conduct requirements like ICOBS and Consumer Duty, is paramount. Candidates should be prepared to demonstrate their knowledge in these areas.
• Stakeholder Management: The role necessitates significant experience in stakeholder management, both written and verbal. The ability to build and maintain strong working relationships with diverse groups will be crucial for success.
• Risk and Control Focus: You will be instrumental in strengthening the existing controls environment. A proactive approach to risk identification and mitigation, coupled with strong organizational skills, will be highly valued.
• Continuous Learning: The regulatory landscape is constantly evolving. Staying abreast of changes and informing the business accordingly is a key responsibility, underscoring the need for a commitment to ongoing professional development.
• Interview Process: Be prepared for a 2-stage interview process, allowing ample time to showcase your skills and experience.
• Location: The role is based at the Pimlico Head Office in London.
• Vetting: As with many roles within the Partnership, pre-employment vetting may be required, which could include financial probity checks.

Career Path Potential:

This role offers a fantastic stepping stone for compliance professionals looking to deepen their expertise within the insurance sector of financial services. The experience gained in navigating complex regulations, collaborating with diverse stakeholders, and contributing to product development within a growth-focused environment will be highly transferable. For those with a desire to contribute to a purpose-driven, employee-owned business, this opportunity provides a unique and rewarding experience that can significantly shape your career trajectory within the Partnership and the wider financial services industry.