Regulatory Affairs Consultant - PRA
Regulatory Affairs Consultant - PRA
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Job Description
Were recruiting for a Regulatory Affairs Consultant to join our team. In this role you will play a vital role in delivering the Groups regulatory strategy with responsibility for proactively managing L&Gs relationship with the Prudential Regulation Authority (PRA) Bank of England (BoE) and Financial Conduct Authority (FCA) as required.
You will be responsible for coordinating the delivery of prudential regulation imperatives (PSM actions Information Requests Thematic Reviews Regulatory Change) as well as supporting SMFs prepare for interviews and provide advice to the business on the PRAs agenda.
What youll be doing:
- Maintaining positive and transparent regulatory relationships on behalf of the Group and its regulated entities with the PRA including ensuring SMFs are appropriately briefed in advance of regulatory meetings interviews and investigations and information requests and actions are responded to within appropriate timeframes
- Coordinating groupwide consultation responses to the PRA and ensure appropriate read across to and consideration for publications by other regulatory bodies (e.g. FCA BMA)
- Coordinating the delivery of regulatory imperatives to a consistently high standard within agreed timescales including PSM actions
- Maintaining a full and accurate audit trail of information flows between Legal & General and the FCA / PRA
- Ongoing review analysis and interpretation of management information from across L&G to inform reporting to governance fora and identify areas for further consideration / oversight
- Preparing regular reports for Board and Executives on the relationship with the PRA and progress against regulatory expectations
- Developing and maintaining productive relationships across Risk and the supported Business Units including providing guidance on regulatory engagement and trends within the wider environment
- Advising the business on PRA regulation supporting the business to deliver its strategy in a safe and compliant way
Qualifications :
Who were looking for:
- Good knowledge of the PRA Rulebook and associated documents so that relevant rules and guidance can be identified and interpreted quickly
- Good knowledge and understanding of the regulatory priorities for the sectors and markets in which L&G operates
- Ability to maintain effective relationships with management and external parties
- Ability to devise practical solutions to problems and processes
- Recent experience of working at the PRA / BoE or proactively managing the relationship with the PRA on behalf of a regulated firm
- Excellent written and verbal communication skills to ensure high quality delivery of management information and presentations in meetings and other forums
- Experience of interpreting and implementing regulatory change
- Ability to apply effective thought leadership to produce insightful highquality briefings and reports to senior management and the Board
Whatever your role we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
- The opportunity to participate in our annual performance related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Healthcare Plan (permanent employees only)
- At least 25 days holiday plus public holidays 26 days after 2 years service. Theres also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme which offers employees the option to hire a brandnew electric car through tax efficient salary sacrifice (permanent employees only)
- There are the many discounts we offer both for our own products and at a range of high street stores and online
- In 2023 some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Additional Information :
We aim to build a better society for the long term by investing our customers money in things that make life better for everyone.
If you join us youll be part of a welcoming inclusive culture with opportunities to collaborate with people of diverse backgrounds views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We strive to be open mindful and inclusive so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs. It doesnt matter if you dont meet every single criterion in this advert. Instead think about what you excel at and what else you can bring in terms of strengths potential and connection to our purpose.
Legal & General is a leading financial services group and major global investor named Britains Most Admired Company in 2023 for the second year running. Rated top in our sector and top for inspirational leadership we have a strong heritage and an exciting future.
We aim to build a better society for the long term by investing our customers money in things that make life better for everyone.
If you join us youll be part of a welcoming culture with opportunities to collaborate with people of diverse backgrounds views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We strive to be open mindful and inclusive so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.
If youre open to find out more wed love to hear from you.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
