Compliance Technical Specialist

Compliance Technical Specialist

Business Area: Group General Counsel

Place of Work: London

Contract Type: Permanent

When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts.
Our office is a vibrant place to work, and we offer flexibility of office/homeworking due to our hybrid model.

About the role

In your role as Compliance Technical Specialist you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to support the Head of Group Compliance in managing a range of compliance tasks across the business in furtherance of delivering the annual Compliance Plan.

What you will be doing

As a trusted part of the Group General Counsel you will be responsible for:

• Managing and reporting on regulatory projects, including advising on and supporting the business in implementing regulatory change
• Support the Compliance Monitoring team with mapping and interpretation of key regulatory requirements as are applicable to the annual Compliance Monitoring Plan, as required
• Assist in the design and maintenance of the compliance training content
• Support the delivery of the Compliance team’s key processes and controls, production of monthly MI, KRI/KPI and risk reporting
• Lead on tracking regulatory horizon developments in the UK as they relate to financial crime
• Support on tracking regulatory horizon developments as they relate to The Pensions Regulator
• Lead on the completion of the annual USS Group (USSL, USSIM, FCA registered SPVs) Financial Crime Risk Assessments
• Assist the USSIM MLRO to prepare the annual MLRO Report
• Manage and oversee updates to the framework of Compliance Policies, Manuals and Procedures, including approvals via relevant committees

About you

We know that sometimes people can be put off applying for a job if they don't tick every box, if you're excited about working for us and have most of the skills or experience we're looking for, then please apply, regardless of whether you meet all the requirements outlined in this profile.
To be successful in the role you will have:

• Thorough knowledge of UK regulatory framework, including the UK’s measures to combat financial crime
• A good understanding (and maintenance of understanding) of rules and regulations (FCA and tPR) on defined contribution pension schemes as they relate to and apply in practice to the USS group
• A willingness to develop relationships at all levels in delivering pragmatic and proportionate compliance support, advice, monitoring and training solutions within USSIM’s Public and, Private Markets Groups
• Demonstrable experience of managing compliance tasks such as compliance framework implementation and delivery of technical compliance advice

Why join us?

How we will reward you

• Great starting salary
• Generous annual leave package
• Access to a high quality pension scheme provided through Universities Superannuation Scheme
• Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
• Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
• Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership
• Learning and development opportunities to develop your skills, knowledge and talent
• Employee Volunteer Day’s to support the communities where you work and live
• Cycle to Work Scheme

Our culture and values

Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people are welcomed and feel comfortable in the knowledge that they can be themselves.

Our purpose firmly states the importance of members, putting them ‘front and centre’ of what we do. This is embedded through our values:

• Integrity
• Collaboration
• Excellence
   

About us

Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and higher education institutions in the UK. We work with around 330 employers to help build a secure financial future for more than 528,000 members and their families. We are one of the largest pension schemes in the UK, with total assets of around £75.5bn (at 31 March 2023). To find out more, please visit https://www.uss.co.uk
USSL is proud to be an equal opportunity employer. We strive to ensure our recruitment process is as flexible and inclusive as possible so we can attract diverse candidates and recruit the best talent. We want all candidates to perform at their best during the recruitment process, so if you need any reasonable adjustments or if there is anything we can do to help support you through your recruitment journey please let us know by contacting .