Governance Analyst

Canada Life Group Ltd ,
Potters Bar, Hertfordshire

Overview

Job title: Governance and MI Reporting Analyst Location: Potters Bar Job type: Permanent Who we are Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues. Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers What we’re building We now need a Governance and MI Reporting Analyst to support the transformation and the future growth of the business within the Risk & Compliance function. The Compliance Function (part of the 2nd Line of Defence) will be responsible for overseeing and monitoring the activities of the 1st Line of Defence, and providing consistent and technically accurate regulatory advice to the Business. The function will also be responsible for effectively balancing delivery of strong regulatory compliance along with sound commercial implementation . Job summary To support the Head of Privacy & Data Protection in ensuring timely responses to the required regulatory reporting, collating MI for governance meetings and coordinating the submission of FCA/PRA Senior Insurance Managers Regime and the FCA Approved Persons Regime applications. In addition, the role holder will be expected to perform general administration tasks and support the wider Compliance team where necessary. Travel to other office locations may be required from time to time. What you’ll do Collate management information generated by the business and by the Compliance Function, including the Data Protection and Financial Crime functions, on key regulatory activities and developments, compliance assessments, 1st line compliance monitoring, customer outcomes, breaches, and any other appropriate regulatory matters, to produce management information to enable regulatory risks to be identified, assessed, monitored, managed and reported on to the appropriate personnel, UK and Global Senior Management, Committees and Boards. Reviewing and collating regulatory reporting on Gabriel. Supporting the regulatory change process. Ensure accurate and timely responses to the required regulatory reporting, notifications and, where appropriate, other communications (including one-off requests) to UK and Canadian Regulators and other authorities, including attestations to the Global Chief Compliance Officer. Ensuring data is submitted in a timely and accurate manner with appropriate sign off from senior management. Co-ordinate the submission of applications and notifications for the PRA Senior Insurance Managers Regime and the FCA Approved Persons Regime. Work with Human Resources and Company Secretariat to ensure governance information concerning both Regimes is kept up to date in the Canada Life Limited and The Canada Life Group (UK) Limited Governance Maps. Co-ordinate the maintenance of Compliance policy and procedure documentation ensuring they are kept up to date and are reviewed at least annually by the procedure owners. Co-ordinate the review, approval and communication on a timely basis of regulatory risk policies, standards, guidelines and procedures to ensure they remain compliant with regulatory requirements. To support the Compliance Function in the taking and drafting of minutes at Committees, as required. Provide day to day support to the Head of Compliance Technical and team and assist with various departmental administrative tasks and wider compliance technical work as required To co-ordinate the disclosure of conflicts of interest, outside business activities and company relationships disclosure process. To assist the Compliance Function Security Co-ordinator with Security Access Requests for the function. To co-ordinate the maintenance of the Compliance Function Intranet pages. Who you are Good organisational skills. Awareness of data protection and privacy requirements. Awareness of regulatory requirements and environment. Ability of organising workloads for self and others to meet demanding and often changing priorities, ensuring that key deadlines are met. Able to solve problems and create pragmatic solutions and improvements. Good analytical and report writing skills including MS Office Work, Excel and PowerPoint. Present information in a clear, timely and focused way. Qualifications GCSE Maths and English What you’ll like about working here As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You’ll also receive the support you need with your personal and professional development. Our focus is to have an engaged, committed and motivated work force, operating in a high performing and collaborative culture. We want to create an organisation that offers opportunities for all our people to develop their skills and talent, and build rewarding careers with us. Diversity and inclusion Canada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences. This job was originally posted as www.totaljobs.com/job/89930524