Jobs, fresher vacancy - Regulatory Affairs Manager • UK

Company: LegalAndGeneral

UK

Job DescriptionThe L&G Regulatory Affairs Manager will play a vital role in delivering the Group’s regulatory strategy with responsibility for proactively managing L&G’s relationship with the Prudential Regulation Authority (PRA) and Bank of England (BoE) through supporting SMFs prepare for interviews and manage responses to key regulatory developments published by the PRA. In addition, the role holder will manage and maintain the Group Regulatory Engagement Policy in line with L&G’s Risk Framework.What you'll be doing:Setting, maintaining and managing the Regulatory Engagement Policy ensuring Divisional teams comply with the requirements and breaches are appropriately escalated and reported, and overall to ensure the delivery of fair customer outcomes, and appropriate risk mitigation in line with our Conduct Risk appetiteMaintaining positive and transparent regulatory relationships on behalf of the Group and its regulated entities in relation to 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 timeframesCoordinating groupwide consultation responses to the PRA and ensure appropriate read across to and consideration for publications by other regulatory bodies (e.g. FCA, BMA)Operating as the technical expert on PRA regulatory matters across the Group. Responding to technical queries, hosting of awareness raising events, such as lunch and learns, to help other members of Risk to upskillOngoing review, analysis, and interpretation of management information from across L&G. Building on this to contribute to thought leadership, reports for governance fora and identify areas for further consideration / oversightResponsible for the integrity of records maintained within the Regulatory Affairs team including in respect of regulatory interactions and provide assurance to the Head of Regulatory Affairs and Colleague Conduct, and Information Security and Data Protection functions that all aspects of data protection, retention and deletion requirements are met in line with company requirements and regulatory expectationsPreparing regular reports for Board and Executive committees on the relationship with the PRA and progress against PSM actions, including how well SMF owners are meeting their responsibilitiesLeading in all matters regarding the management of the Regulatory Affairs (PRA) team ensuring that management discretion is used in a consistent manner and that the area follows the Group’s policies and procedures including the Partnership Agreement to maximise business performance.