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RAC has an exciting opportunity for a Compliance Business Partner to join our Governance, Risk and Compliance function. This is a pivotal role within our second line of defence, working very closely with our first line product, marketing and operational teams providing expert advice and challenge to ensure RAC delivers good customer outcomes and meets its regulatory obligations.
Job Responsibility:
Provide business partnering that champions good customer outcomes and ensures compliance with regulatory obligations
Offer practical, pragmatic advice on regulatory compliance, conduct matters, and customer outcomes across products, processes, and policies
Participate in governance committees, product and pricing forums, and change projects
Provide second-line sign-off for financial promotions
Maintain oversight of product governance (manufacture and distribution)
Act as a point of contact and escalation for BAU compliance matters, including incident management and breaches
Build strong relationships with senior stakeholders while delivering independent challenges
Requirements:
Proven experience in governance and/or compliance roles
Strong knowledge of UK financial services regulation, in particular Insurance, including FCA Handbook, Financial Promotion regime, PRA Rulebook, and Solvency II
Excellent verbal and written communication skills
Ability to influence and negotiate ‘win-win’ outcomes while remaining impartial
Commercial awareness
High attention to detail and accuracy in a fast-paced environment
Analytical mindset with sound judgment and decision-making skills
Degree-level education (law, compliance, business administration) or equivalent compliance qualifications/experience
Nice to have:
Experience in a regulated or financial services environment – could be in product or marketing – could be ASA / CMA experience as well
Familiarity with product governance and financial promotions
Strategic thinking and ability to influence change
What we offer:
Competitive salary plus conditional annual bonus
Free RAC breakdown cover from day one
Access to a car salary sacrifice scheme (including electric vehicle options) after 12 months
25 days annual leave, plus bank holidays
Paid family leave, flexible schedules, and practical resources to help navigate personal commitments
Pension scheme with up to 6.5% matched contributions
Life assurance cover up to 4x salary (10x optional with flex benefits)
24/7 confidential support service available to you and household members aged 16+
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