Regulatory Affairs Manager

About The RoleTeam - ComplianceWorking Pattern - Hybrid - 2 days per week in any of the Vitality Offices. Full time hours. Top 3 skills needed for this role:

• Stakeholder management
• Organisation/prioritisation
• Communication (written &verbal)

What this role is all about:This role would suit someone from either a legal or compliance background with good attention to detail.To provide guidance, aid and advice to the Vitality UK businesses (Health, Life) and to compliance colleagues on technical compliance matters and regulatory developments.Assist the Regulatory Affairs Manager (lead) in developing and reviewing compliance policies and processes. Ensuring these remain fit for purpose and executing key regulatory processes, including regulatory reporting and horizon scanning.Key Actions

• Establishing and maintaining strong stakeholder management relationships across the business
• Interpreting new and existing regulatory requirements and their application to the business, recommending amendments to processes and controls as appropriate
• Preparing and delivering reports and summaries of regulatory publications and assisting in preparing responses to regulatory consultations and other such papers. This is to ensure Vitality's views are accurately represented
• Executing key regulatory processes such as Horizon Scanning, Reporting and Applications to ensure the UK business remains compliant
• Working with compliance colleagues to continually deliver high quality technical advice, standards and understanding to ensure business compliance with regulatory requirements
• Developing efficient and effective solutions to regulatory issues by working with compliance colleagues and the relevant business stakeholders
• Assist the accurate and timely submission of all regulatory reports
• Identifying and effectively communicating regulatory risk requirements and considerations regarding business propositions, advising stakeholders to ensure all propositions are compliant
• Assist the provision of guidance and training to the business and peers on significant regulatory matters
• Assisting in the preparation of reports for the Risk Committee and Board on compliance activities, risks and issues
• Establishing and maintaining strong relations with the FCA and PRA ensuring meetings run smoothly, minutes taken are accurate and timely and correspondence is recorded
• Maintaining good relations with Discovery's Risk and Compliance teams addressing queries skilfully, assisting with attestations and completing Discovery's Risk Committee and other reports where necessary
• Sharing insight, expertise and skills with the Risk teams, collaborating with them to assist risk mitigation and management objectives

Essential Skills needed to fulfil this role:

• Degree educated or Compliance Qualifications
• Sound knowledge of UK financial services' regulatory requirements particularly in relation to conduct risk, and a good knowledge of prudential risks
• Sound knowledge of other regulations and trade bodies, including Money Laundering Regulations, Data Protection Regulations, etc.
• Excellent relationship management skills to Board level (Ambassadorial Approach)
• Excellent communication skills both oral and written
• Has an evidential strategic and tactical approach
• Strong influencing and persuasive skills to an Executive level
• Competent and analytically minded

So, what's in it for you?

• Bonus Schemes - A bonus that regularly rewards you for your performance
• A pension of up to 12%- We will match your contributions up to 6% of your salary
• Our award-winning Vitality health insurance - With its own set of rewards and benefits
• Life Assurance - Four times annual salary

These are just some of the many perks that we offer! To view the extensive range of benefits we offer, please visit our careers page. Fantastic Benefits. Exciting rewards. Great career opportunities!If you are successful in your application and join us at Vitality, this is our promise to you, we will:

• Help you to be the healthiest you've ever been.
• Create an environment that embraces you as you are and enables you to be your best self.
• Give you flexibility on how, where and when you work.
• Help you advance your career by playing you to your strengths.
• Give you a voice to help our business grow and make Vitality a great place to be.
• Give you the space to try, fail and learn.
• Provide a healthy balance of challenge and support.
• Recognise and reward you with a competitive salary and amazing benefits.
• Be there for you when you need us.
• Provide opportunities for you to be a force for good in society.

We commit to all these things because we want you to feel that you belong, and are supported to be happy and healthy.About The CompanyVitality is a multi-award-winning UK insurance brand, here to make the world a healthier, happier place.We've been a purpose and values-driven business from day 1- long before it became fashionable. Our core purpose is to make people healthier and enhance protect their lives. Vitality pioneered shared-value insurance. We incentivise people to live healthier longer lives - they benefit, our business benefits, and society benefits. We're successful because we attract, develop, and retain the best people - and because we care.Plus, you get to join our 1.7+ million members with access to our unique health insurance and healthy living programme. Just to make sure you know our products inside and out.Ready to find out if we're the right fit for you? We can't wait.If we are fortunate in receiving a high volume of quality applications we may need to close this vacancy early. If you are interested, please submit your application as soon as possible.