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Retail Protection - Head of Product & Commercial Risk Management

  • Job
    Full-time
    Senior Level
  • Hospitality & Retail
  • London
    Remote
  • Quick Apply

Requirements

  • Strong understanding of UK Protection products and associated regulations
  • Hand on experience and understanding if FCA rulebooks and Consumer Duty
  • Up to date knowledge of upcoming regulation changes
  • Strong stakeholder management skill
  • Previous experience of working in Financial Services with Life Insurance products

Responsibilities

  • Developing, implementing, and directing Retail Protection’s Product Risk Management Framework
  • Acting as the Retail Protection Consumer Duty lead and ensuring adherence to business, regulatory and legislative requirements
  • Identifying and managing risks associated with existing Retail Protection products
  • Managing a team and undertaking Value for Money Assessments on all products and propositions
  • Implementing actions to mitigate customer harm
  • Coaching and developing team members to advance their knowledge of Retail Protection and Consumer Duty

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Finance
Industry
5001-10,000
Employees
1836
Founded Year

Mission & Purpose

Established in 1836, we are one of the UK’s leading financial services groups and a major global investor, with international businesses in the US, Europe, Middle East and Asia. With over £1 trillion in total assets under management, we are the UK’s largest investment manager for corporate pension schemes and a UK market leader in pensions de-risking, life insurance, workplace pensions and retirement income. We have also invested over £20 billion in direct investments such as homes, urban regeneration, clean energy and small business finance. Through nearly two centuries of rapid change, we’ve been there, improving the lives of our customers, and building a better society for the long term.