Job: Regulatory & Governance Manager

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  • Title Regulatory & Governance Manager
    Categories Latest Jobs in Gibraltar
    Salary DOE
    Location Gibraltar
    Job Information

    Working within a regulatory environment the main duties will be:

    • To support a team, manage workflows and enable individuals to take effective decisions in their specific technical areas
    • To support the Head of Division in managing the risks of the industry, to deal with high level technical/policy issues, consider the regulation of entities and manage a team
    • To form part of the management team in regulatory operations to provide cross directional support to other teams and managers
    • Deal easily and openly with the industry and demonstrate an ability to deal with potentially difficult and challenging situations

    Knowledge, Skills and Experience:

    • Good understanding of Solvency II
    • Good understanding of how insurance companies operate
    • Understanding of financial statements
    • Ideally some knowledge of SII standard formula requirements
    • Over two years of experience in managing individuals as a senior manager or manager
    • Experience of working in more than one financial services sector would be desirable
    • Previous experience in an audit or advisory role would be of interest
    • An accounting or insurance professional qualification would be desirable

    People Management:

    • Develop two-way communication with team members, holding effective team meetings, 1 to 1’s and coaching sessions
    • Utilise all training and coaching opportunities to aid further development of individual team members
    • Take responsibility for the team achieving Service Level Standards
    • Provide good leadership and effective communication in the team and across the company

    Regulatory Risk & Compliance:

    • Fulfil individual risk and control responsibilities in line with company standards and policies
    • Promote a risk culture within and across the organisation and enable appropriate levels of support and risk training to staff at all levels
    • Oversee the management of relevant risks and controls for own teams in consultation with the relevant Accountable Executive and Risk Management
    • Identify, report, escalate and manage risks, risk events, controls and management actions in a timely manner in line with the company standards and policies (including risk appetite) and proactively engage with risk function
    • Ownership and management of applicable KRIs in line with risk management guidance
    • Undertake relevant risk management training in a timely manner
    • Actively participate and contribute in Risk and Control Self-Assessment Workshops
    • Promote the risk based approach to regulation across the entire company so that risk is considered and evaluated at every point in the regulation process to ensure it remains fit for purpose
    • To provide meaningful analysis and interpretation of regulatory risk information for management, including the strategic implications and knock on effect of any trends on future plans
    • Identify risk trends, patterns and matters of high regulatory risk and proactively engage with risk function

     

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