Full job descriptionGroup Regulatory Engagement Manager – SMCR
Location: We operate a hybrid working policy of two days per week in the office, with office locations in Manchester, Peterborough and London. Monthly travel to London would be required.
We are looking for a Group Regulatory Engagement Manager to lead and coordinate the Group’s regulatory interactions and reporting,primarily focussed on SMCR applications and record keeping to ensure the Group adheres to and where possible exceeds the requirements of a Fixed Portfolio Firm in the maintenance of its relationships with its key regulators.
Key Responsibilities:
*Key point of contact for SMCR submission and leads engagement through the Reg Enquiries mailbox
*Completion, submission, tracking and reporting of SMCR applications and requests
*Maintaining and enhancing where appropriate the Senior Managers and Certification Regime (’SM&CR’) framework including the Group’s Responsibilities Map and records of all staff in ’Certified Roles’
*Liaising with the People team around the SMF recruitment process and ’Fit and Proper’ assessment of staff in Senior Manager Function (’SMF’)
*Monitoring and collaborating on changes to the SMF regime
*Leading the tracking, coordination and 2nd Line of defence signoff of all ongoing and ad hoc FCA surveys and Requests for Information (RFIs)
*Leading the forecasting, approval for payment and recording of regulatory fees and levies
*Submitting the annual Firm Details Attestation for each of the group regulated entities and ensuring that these details are updated following any change
*Coordinating and facilitating the provision of information for regulatory returns by MSG’s insurance carrier partners where they are reliant on MSG contribution
*Ownership and version control of key framework documentation/templates – exercising sound judgement and creativity to problem solve and innovate solutions when necessary
*Supporting and representing the wider Regulatory Engagement as needed, guiding and coaching peers and junior colleagues in the MSG population where required
Essential Skills and Knowledge:
*Strong UK General Insurance and regulatory knowledge, particularly SM&CR applications and requirements.
*Ability to engage, guide and educate stakeholders at all levels, simplifying complex topics.
*Excellent organisation, data analysis, reporting and evidence based decision making skills.
*Ability to manage multiple priorities, maintain accuracy and meet deadlines independently.
*Strong communication skills and proficiency in Microsoft Office.
*Curious, inquisitive and collaborative approach, with the ability to work autonomously.
*High levels of integrity, confidentiality and attention to detail.