Volkswagen Financial Services LTD

Compliance Manager

Click Here to Apply

Job Location

Tongwell, United Kingdom

Job Description

Full-time permanent hybrid role working 35 hours per week with 1 day minimum in the office in Milton Keynes

What's in it for you? salary from £54,410k depending on skills and experience. Company car scheme with a car up to the value of £50,700, discretionary bonus potential, pension, private medical, loan car scheme, life insurance, 27 days holiday plus much more!

Closing date: Friday 25th October

About Us:

Volkswagen Financial Services (UK) Ltd (VWFS UK) is at the forefront of providing innovative automotive financial solutions in the UK. We're committed to maintaining the highest standards of compliance and regulatory excellence. Our Compliance team operates as an independent advisory and assurance function, helping ensure that we meet all necessary regulatory requirements and manage compliance risks effectively

Are you an experienced Compliance Manager? Would you like to join our team? This pivotal role will serve as the primary interface between Compliance and VWFS UK, supporting the business in managing regulatory and compliance risks while fostering a strong compliance culture throughout the organisation

As a Compliance Manager, you will lead efforts to identify, mitigate, and manage regulatory and compliance risks across VWFS UK and its Appointed Representatives. Acting as a key advisor, you will provide expert guidance on regulatory matters, ensure the timely completion of regulatory returns, and drive engagement with senior stakeholders, including the Board of Management, on compliance initiatives

Here are your key Responsibilities:

  • Regulatory Compliance Advice:
    Provide specialist regulatory advice across the business, influencing stakeholders, including Senior Management Function (SMF) role holders, to ensure compliance in decision-making processes
  • Risk Management:
    Work closely with business areas to identify, manage, and mitigate regulatory risks. Provide guidance on regulations and internal policies, support commercial strategy, and address regulatory queries, financial promotions, breaches, and incidents
  • Policy and Procedure Management:
    Develop a framework to ensure compliance policies and procedures align with FCA and VWFS HQ requirements. Implement compliance management frameworks to help the business identify and mitigate risks
  • Regulatory Updates:
    Stay on top of changes in the regulatory landscape by reviewing consultation papers, policy statements, and other publications. Conduct gap analysis and oversee the implementation of new regulations
  • Reporting & FCA Liaison:
    Manage regulatory reporting requests, ensuring timely submission of reports to the FCA, External Auditors, and VWFS HQ. Maintain positive relationships with the FCA, handling notifications and Principle 11 disclosures
  • SMCR & Training:
    Advise Senior Management on compliance with the Senior Managers and Certification Regime (SMCR). Oversee SMCR notifications and ensure the responsibilities map is accurate. Lead the Compliance Education Programme and develop training strategies to foster a strong compliance culture
  • Risk Reporting & Committees:
    Provide input to the design and production of risk reporting for the Compliance and Integrity Risk Committee. Represent the Compliance function in forums and committees to proactively manage compliance risks

These are the skills and experience you have to add value to our team:

  • You'll have extensive knowledge of FCA rules, guidance, and handbooks, with practical experience in a consumer credit or retail lending environment.
  • Experience in identifying, managing, monitoring, and reporting regulatory risks
  • You're skilled in researching complex regulatory information and presenting clear, actionable insights
  • Ability to work cross-functionally, influence decisions, and drive compliance initiatives across departments
  • Able to handle multiple tasks and deadlines, prioritising effectively in a fast-paced environment
  • Strong communicator with experience advising Senior Management, providing training, and delivering presentations on compliance matters
  • Strong analytical abilities to interpret data, draw conclusions, and recommend solutions
  • You're great at building relationships, working effectively with both internal teams and external stakeholders

Why Join Us?

  • Play a critical role in safeguarding regulatory compliance at one of the UK's leading financial services providers
  • Engage directly with senior leaders and drive meaningful change within the organisation
  • Work in a collaborative environment that encourages continuous development and professional growth

Life at VWFS:

We are passionate about putting people at the heart of everything we do. We are informal, collaborative, and diverse. We operate a culture of flexibility, to empower our colleagues to work in a way that works for them. We want everyone to reach their full potential and have a suite of resources to help you develop your career.

About Volkswagen Financial Services

Our mission is straight forward, we want to be 'The Key to Mobility'. What does that mean? To make getting from A-to-B as easy and simple for as many people as possible. To truly meet the mobility needs of people in a changing world, our offering goes beyond traditional vehicle financing. We do this by providing a range of finance and aftersales products on Volkswagen Group vehicles, as well as developing innovative mobility products designed to solve real problems and support our customers.

Volkswagen Financial Services is committed to being an inclusive employer and we welcome applications from everyone. Diversity and Inclusion is not just a statement for us, and we are nurturing an environment where everyone can be their 100% self. If there is anything we can do to support you being your 100% self during our recruitment process, please let us know and we will support you as best we can.


ADZN1_UKTJ



Location: Tongwell, GB

Posted Date: 10/11/2024
Click Here to Apply
View More Volkswagen Financial Services LTD Jobs

Contact Information

Contact Human Resources
Volkswagen Financial Services LTD

Posted

October 11, 2024
UID: 4897957647

AboutJobs.com does not guarantee the validity or accuracy of the job information posted in this database. It is the job seeker's responsibility to independently review all posting companies, contracts and job offers.