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Group Director of Risk and Compliance



Posted over 30 days ago...

Lead the Charge in Risk and Compliance at a Forward-Thinking Insurance Company


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No salary declared 😔

icon Location

London, UK

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In-person- London United Kingdom

icon Expires

Expires at anytime

Organisation summary

Marshmallow is a pioneering insurance company with a mission to champion those who dare to venture beyond the conventional. Recognized for addressing inequities in insurance pricing, particularly for newcomers to the UK, Marshmallow is a beacon for innovation and inclusivity within financial services. Join a team that's dedicated to creating solutions for underrepresented communities and be part of a transformative journey in the industry.

Role Summary

  • Develop and maintain a robust compliance framework tailored to business objectives.
  • Promote and embed a culture of compliance and customer-focused outcomes across the company.
  • Oversee the group's governance structures to ensure compliance with regulatory mandates.

Role Requirements

  • Proven track record with 12+ years in financial services compliance.
  • In-depth knowledge of FCA regulations, including ICOBS, PRIN, SUP, DISP, and TC.
  • Previous holder of SMF16 and seasoned in compliance leadership roles.
  • Essential experience in general insurance, with a preference for motor insurance expertise.

Application Process Details

  • Initial conversation with Talent Lead.
  • Skill-based interview with the CFO and Legal Counsel.
  • Culture fit interview with the Co-CEO.

About Marshmallow We started Marshmallow when we found out how unfair insurance prices are for people who move to the UK. We saw an opportunity to do things differently, so we made it our mission to back the ones who step outside the norm. We serve people that are often overlooked by financial services companies, solving important problems for people who need it most.

The Role As the Group Director of Risk and Compliance, you will be responsible for ensuring our compliance framework is fit for purpose, aligned to the business, and effectively highlights regulatory issues. You will foster a culture of compliance across the group with a focus on the voice of the consumer and good customer outcomes. You will also manage the group’s governance arrangements, ensuring effective governance controls can be put in place to meet regulatory requirements.

Job Requirements We are looking for a Director of Compliance with 12+ years of experience in financial services. You must have a deep understanding of FCA regulations including but not limited to ICOBS, PRIN, SUP, DISP and TC. You must have held SMF16 previously and have experience in compliance leadership roles. Experience in general insurance is a necessity, motor insurance preferable.

Benefits We offer flexible working, a competitive bonus scheme, a flexible benefits budget, mental wellbeing support, personal budgets for books and training courses, private health care, a medical cash plan, and a tech scheme. We also offer 33 days holiday (including bank holidays), a pension, a cycle-to-work scheme, and monthly team socials.

Application Details Our process is broken up into 3 stages: an initial call with our Talent Lead, a skill-based interview with our CFO and Legal Counsel, and a culture interview with our Co-CEO. We’ll let you know if you’re invited to an interview or not. But, as a small team with a lot of applications to consider, we can’t give personal feedback on each application.


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