The Senior Regulatory Business Partner is responsible for the management and effective execution of regulatory business partnering to all business units.
The role spans multiple, legal and regulatory frameworks across various geographical boundaries. These include the countries where the segment entities are primarily regulated, the countries where the segment has establishment operations, where there are material run-off operations, and where the segment carries our business in third countries in particular where there are local licencing, prudential or sanctions regulations.
Regulatory Business Partnering
- Provide effective regulatory business partnering, advice and support to the business on upcoming legal and regulatory issues throughout the business and provide commercially compliant solutions.
- Manage and implement proactive and effective regulatory business partnering to educate and advance business units' understanding of regulatory requirements.
- Ensure that stakeholders are empowered to take responsibility for regulatory compliance, through discussion and challenge.
- Deliver effective and impactful training to enhance engagement with regulatory issues and ensure regulatory compliance.
- Lead on upskilling and advising the business on sanctions, licensing and data protection matters.
- Act as a key point of contact and Subject Matter Expert for business leaders and provide advice and oversight on applicable law and regulation.
- Lead, identify, assess and manage upcoming regulatory developments
- Engage with regulators and industry bodies to advance the firm's position and influence upcoming regulatory change
- Lead relationships with UK and European industry bodies, evaluating benefits and maximising value for the business
Regulatory / Compliance
- Support the General Counsel as appropriate on various projects.
- Drive a high performance culture through leading by example and setting the tone for the organisation.
- Responsible for building and maintaining long-tem, sustainable relationships with all areas of the business to ensure effective and proactive legal support.
- May perform additional duties as assigned.
Skills, Knowledge & Abilities
- Educated to a degree level, or with equivalent experience
- Previous experience working in a Compliance or legal function (7+ years of company market and/or Lloyd's experience)
- Knowledge of the UK regulatory framework including FCA/Lloyd's.
- Maintains a current, in-depth knowledge of the competitive market landscape, trends and industry developments, legal and regulatory requirements and territorial issues etc. leveraging knowledge to identify strengths, weaknesses, opportunities and threats.
- Comply with all applicable legal and regulatory requirements and ensure, at a level appropriate to the position, that appropriate measures are in place to ensure this compliance.
- Excellent collaboration skills - someone who can work well with and influence all levels of the organisation from the Board through to junior staff, and our Continental and US teams; communicating complex legal concepts and advice in a clear manner, including training and presentations.
- Strong stakeholder management, communication and influencing skills at all organisational levels (internally and externally) and the ability to work collaboratively within the team and with other disciplines
- Analytical skills - issues are identified and assessed within a commercial and legal framework, quickly and acted on decisively.
- Maintains own fitness and propriety for the role, including a commitment to ongoing CPD.