Regulatory Assurance Director
Gallagher Affinity
Manchester, GB State, United Kingdom
3d ago

The purpose of this role is to proactively and effectively lead the efficient operation of the Assurance team.

You will provide assurance to the CRCO, CRO, and CCO, the business units and the Group Audit and Risk Committees that AJG is complying with its regulatory obligations, identifying areas of weakness and making recommendations for improvement as appropriate.

You will also provide Compliance & Risk Management team with challenge, assurance, guidance and leadership; Lead the annual Assurance planning process and ensure collaborative working by supporting team colleagues and be responsible for coordinating training & development.

Deliver the Function Strategy

Develop and implement an effective regulatory assurance strategy for the Group. In working with ERM and IA be a key leader in Gallagher’s approach to complimentary assurance.

Inform the Risk Committee of progress of the Assurance Plan gaining their approval for changes to the content and scope of work.

Work with the business and develop strong working relationships with key stakeholders ensuring buy in to findings of Assurance reviews.

Work with the Conduct and Financial Crime teams to ensure the business have appropriate advice on how to address the findings from Assurance reviews.

Ensure that the business own the management actions resulting from Assurance reviews and these are tracked through to completion and any exceptions are reported / escalated to the Risk Committee.

Ensure prompt escalation of critical and significant compliance issues to the CRCO, CCO, CRO, Board and senior management.

Delivery of reliable, timely, relevant reports on the Compliance matters to all Board and Executive meetings (inc. sub-committees)

Carry out assurance reviews of businesses acquired through M&A activity as agreed by Risk Committee as part of the Assurance Plan.

Provide commercial and pragmatic leadership to the Regulatory Assurance functions ensuring the function achieves its pre-agreed goals, responsibilities and objectives.

Comply with AJG Professional Standards Manual in accordance with statutory requirements for role with specific attention, but not limited to Whistle Blowing, Treating Customers Fairly.

Carry out duties following internal policies and procedures in accordance with applicable laws, rules, regulation, good governance and Gallagher’s shared values, in particular, putting clients at the heart of our business.

Lead and Develop the Team

Create an inclusive, engaged and motivated team culture to achieve optimum performance

Review engagement survey results and ensure appropriate actions are taken as required

Ensure that clear objectives are set, regular individual performance reviews are carried out and that rewards are directly linked to behaviours and performance against objectives

Oversee the development and training of the team, including the promotion of continuous professional development and advocacy of professional qualifications

Through effective succession planning, seek opportunities to develop team members that could become future managers and leaders of the team or within the wider business

Effective resource planning (within the limitations of allocated resource) through monitoring retention risks and promptly acting to mitigate these to avoid skill or knowledge gaps that could impact the business

Ensure that recruitment and selection within your team is carried out in a fair and effective way

Risk and Governance

Ensure that the Assurance team provide details of rateable findings to be captured and tracked within RiskConsole.

Ensure the team conduct Assurance reviews in an appropriate manner in adherence to Gallagher policies and procedures

Accountable for ensuring team members within the team complete mandatory training, minimum continuous professional development (CPD) hours, annual performance reviews and goal setting

Role model good conduct and ensure that any breach of the conduct rules are reported and appropriate action is taken

Carry out the role in accordance with the FCA’s Senior Manager & Certification Regime requirements and remain mindful at all times of the FCA’s Principles for Business

Participation on Boards and Committees

Attendee of the Risk Committee

Member or attendance of such other Boards and Committees within the GGB-UK group of which you may from time to time be required to attend or act as a member

Your Skills, Experience and Qualifications :

  • Significant people development and management experience essential
  • Business acumen experience in commerciality and risk awareness
  • Ability to build rapport, establish credibility and to engage and influence stakeholders at all levels, internally and externally
  • Results-oriented mind-set with a drive for growth High degree of self-awareness and self-management
  • Excellent oral and written communication skills Experience of working in a global, matrix-managed organisation, with the upmost integrity and confidentiality
  • Technical Knowledge

  • Previously held a Certified role or demonstrates a good understanding of the requirements Knowledge of general insurance products and services.
  • Knowledge of FCA regulations

    What we offer you :

    We want Gallagher to be the organisation that all our people are proud to be a part of and where everyone can call themselves one of our team.

    Where our culture is embracing of difference, where you can be the best and, perhaps most importantly, be yourself.

    We are all different in some way. If we were all the same, and all thought the same, we would be vulnerable as a group. By welcoming and encouraging diverse opinions and backgrounds within our organisation, we will have a healthier, more innovative and ultimately more profitable business.

    If this sounds like somewhere you’d like to join, we’d love to hear from you. If you require flexibility for a role you are applying for, give us a call to chat through the options.

    About Us :

    Gallagher is a global leader in insurance, risk management and consulting services. We help businesses grow, communities thrive and people prosper.

    We live a culture motivated by The Gallagher Way, our set of shared values and guiding tenets. A culture driven by our people, over 30,000 strong, serving our clients with customized solutions that will protect them and fuel their futures.

    As a member of our global brokerage team, you’ll help our clients address risk, protect assets and recover from losses.

    Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation.

    Gallagher is committed to diversity of opportunity for all and is opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion / belief, age and those with caring responsibilities.

    Additional Information

    Please Note :

    Gallagher never extends an offer of employment or requests any personal identification information without having received an online application and conducted one or more in-person or video interviews.

    If you have received any communication referencing the offer of a job at Gallagher and you have not submitted an online application or been interviewed by a Gallagher employee, please do not assume that the offer is being sent from a legitimate Gallagher representative.

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