About The Role
Team – Risk
Working Pattern - Hybrid – 2 days per week in the Vitality Bournemouth Office. Full time, 35 hours per week.
We are happy to discuss flexible working!
Top 3 skills needed for this role:
Being comfortable working autonomously with proactive thinking
High quality report writing skills
Have an analytical mindsetWhat this role is all about:
Responsible for assisting the Combined Assurance Lead with delivering an effective, high quality, risk-based risk and compliance assurance plan across the Vitality UK Group. Assessing the adequacy and effectiveness of the measures, controls and procedures put in place by the 1st Line of Defence to address compliance with all relevant conduct regulatory obligations and with the ERM framework through specific thematic reviews.
Key Actions
Assist in the development of an annual, risk-based Risk and Compliance assurance plan which focuses on identifying, measuring and managing regulatory and business risks.
Assist with maintenance of a comprehensive Risk Universe.
Takes responsibility for delivering robust risk and compliance assurance reviews and oversight activities to provide Senior Management with an insight into the efficiency and effectiveness of arrangements to manage regulatory compliance and wider business risks, and commenting on best practice.
Develop high quality, succinct, timely and accurate monitoring and oversight reports.
Collaborate with the business to determine and agree pragmatic and effective remedial and preventative recommendations where vulnerabilities and risks exist, monitor corrective plans and provide guidance, advice and support to deal with and avoid similar situations in the future.
Liaise with key stakeholders in the business to effectively track, manage and report on open, closed and overdue actions through to successful implementation.
Assist the Combined Assurance Lead and the Head of Risk Strategy in developing monthly and quarterly management information on all monitoring and oversight activities, risks and issues, which contribute to the Assurance reports for the Board and Executive Management.
Regularly liaise with 1st, other 2nd and 3rd Line functions to disseminate assurance activities and understand business needs.
Support the combined assurance approach across the business.
Seeks to enhance monitoring and oversight activities to increase productivity and add value to the business.
You are required to understand and comply with all relevant rules, regulation and legislation applicable to your role. This means:
Acting with integrity and due skill, care and diligence at all times.
Ensuring that customers are always treated fairly and experience good outcomes.
Ensuring that communications via any medium meet the principle of ‘clear, fair and not misleading’.
Engage, use SME knowledge with, and gain sign-off from the Group Compliance Director for review activity and all compliance monitoring reports.What do you need to thrive?
Qualifications
Degree level education or
Qualified or working towards an Internal Audit qualification or
Compliance DiplomaExperience
Minimum of two years’ experience in financial services
Excellent knowledge of FCA regulations, or work within a second line or third line function that indicates ability to learn the regulations.Skills
Excellent relationship management skills to Senior Management level (Ambassadorial Approach)
Excellent written and oral communication skills
Strong influencing and persuasive skills to an Executive level
Competent and highly analytical
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 salaryThese are just some of the many perks that we offer! To view the extensive range of benefits we offer, please visit our careers page.
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.
Diversity & Inclusion
At Vitality, we’re committed to diversity and inclusion because it’s good for our employees, for our business, and for society. We welcome applications from individuals of all backgrounds, experiences, and perspectives.
Vitality’s approach to sustainability
Vitality is a business that drives positive change. We reward people for making and sustaining healthier choices. But healthy people also need a healthy environment. To learn more please visit our Careers page.
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
