Sky
Compliance Assurance Lead (Sky Protect)
Want to do the best work of your life? Make your mark at Europe’s leading media and entertainment brand. A workplace where you can proudly be yourself; our people make Sky a truly exciting and inclusive place to work.
Based in London, this role will report into the Head of Risk and Compliance and will be responsible for designing and delivering risk-based assurance activity across Sky Protect. The role is key to ensuring that the business operates within the law and regulations that apply to Sky Protect.
What you'll do:
Develop and deliver an annual compliance monitoring and assurance plan to track whether Sky Protect complies with external regulations and internal policies
Conduct reviews of regulatory subjects, internal departments and processes identifying key risk areas and recommending action plans to address any weaknesses
Regularly test and assess internal risk controls to ensure they are working as intended to mitigate those risks
Document and report both compliance breaches and control weaknesses, ensuring action is taken to address any issues.
Making recommendations to improve control effectiveness and/or identify where new controls are require
Ensure actions are closed in a timely manner with suitable evidence provided, and any delays are minimised and highlighted at the earliest opportunity.
Work closely with internal teams including legal, operations, and finance to support risk management and compliance initiatives. Serve as a trusted advisor on compliance matters, providing expertise and guidance
Prepare regular reports for senior management and the Board on compliance monitoring findings, risk trends, and action plans. Provide actionable insights and recommendations based on monitoring results.
Keep abreast of relevant regulatory and legislative changes within the insurance industry and assess their impact on the company’s operations. Ensure timely updates to the compliance monitoring plan in line with such changes
Completing ad-hoc reviews as requested by the Head of Risk and Compliance
Represent Sky Protect in relevant meetings.
Develop and maintain key stakeholder relationships across Sky Protect and the wider Group.
Skills:
Previous demonstrable experience in Risk and Compliance within the general insurance sector in a assurance role
Expertise in interpreting and applying FCA regulations, such as SYSC, PRIN, PROD, and the Insurance Distribution Directive (IDD).
Proficiency in conducting risk assessments, identifying potential threats to the business, and developing mitigation strategies.
Well organised with attention to detail
Strong organisational skills with the ability to work flexibly, with autonomy and prioritise own workloads
Exceptional communication and interpersonal skills, with the ability to engage and build relationships across a range of stakeholders.
The ability to remain calm and focused under pressure,
Excellent report writing skills
Knowledge:
In-depth understanding of the FCA’s regulatory framework and requirements for insurance intermediaries, particularly in areas such as Consumer Duty, Product governance, Complaints and operational resilience.
Knowledge of risk management best practices, frameworks and how to apply them in an FCA-regulated environment.
A deep understanding of the insurance market, including household insurance products, customer needs, and the regulatory challenges specific to insurance distribution.
Knowledge of financial crime regulations, including Anti-Money Laundering (AML)
Understanding of GDPR and other relevant data protection regulations
Behaviour:
Demonstrates high ethical standards and integrity in decision-making and must lead by example, ensuring that compliance is not just a regulatory box-ticking exercise but a core company value.
Takes initiative in identifying potential risks before they impact the business.
Friendly, approachable personality, fostering a positive working environment.
Must demonstrate the ability to strike a balance between regulatory compliance and commercial objectives, ensuring that the firm meets its legal obligations without stifling business innovation or growth.
Focused on ensuring that the firm treats its customers fairly and acts in their best interests.
While maintaining professionalism, the individual should not be afraid to bring a bit of personality to their work.
The Rewards:
There's a reason people can't stop talking about #LifeAtSky. Our great range of rewards really are something special, here are just a few:
· Sky Q, for the TV you love all in one place
· A generous pension package
· Private healthcare
· Discounted mobile and broadband
· Access a wide range of exclusive Sky VIP rewards and experiences
Your office base:
Osterley:
Our Osterley Campus is a 10-minute walk from Syon Lane train station. Or you can hop on one of our free shuttle buses that run to and from Osterley, Gunnersbury, Ealing Broadway and South Ealing tube stations. There’s also plenty of bike shelters and showers.
On campus, you’ll find 13 subsidised restaurants, cafes, and a Waitrose. You can keep in shape at our subsidised gym, catch the latest shows and movies at our cinema, get your car washed and even get pampered at our beauty salon
Based in London, this role will report into the Head of Risk and Compliance and will be responsible for designing and delivering risk-based assurance activity across Sky Protect. The role is key to ensuring that the business operates within the law and regulations that apply to Sky Protect.
Why wait?
Apply now to build an amazing career and be part of a brilliant team. We can’t wait to hear from you. To find out more about working with us, search #LifeAtSky on social media. Just so you know: if your application is successful, we’ll ask you to complete a criminal record check. And depending on the role you have applied for and the nature of any convictions you may have, we might have to withdraw the offer.To find out more about working with us, search #LifeAtSky on social media. A job you love to talk about.Just so you know: if your application is successful, we’ll ask you to complete a criminal record check. And depending on the role you have applied for and the nature of any convictions you may have, we might have to withdraw the offer.