Job Description

REGULATORY ADVICE & POLICY SPECIALIST

Salary: Up to 46,320 dependent on skills and experience

12 month Fixed Term Contract

Hybrid working (office based in Birmingham) - Currently 1-2 days in the office per week

Closing Date: 9th July 2025

As a proud mutual since 1841, Wesleyan is committed to creating brighter financial futures for our customers and members. We specialise in providing financial services to some of the nation's most trusted professions: GPs, hospital doctors, dentists, and teachers. To find out more about what we do, visit our website: https://www.wesleyan.co.uk/about

We are proud supporters of the ABI Making Flexible Work campaign which means we are open to discuss flexible working, job shares and part time options.

Your role:

As Regulatory Advice & Policy Specialist, you will join us for a fixed term period of 12 months to provide a quality support service to the Wesleyan Group of companies. You will ensure our compliance with applicable legislative and regulatory matters affecting the administration, design and distribution of Wesleyan manufactured and third-party products, as well as those affecting financial planning and advice matters. You'll cascade information to the Group on emerging regulatory or legislative change, and will review / sign off key documentation from across the Group.


The successful candidate will either hold or being working towards a Financial Services related professional qualification such as a Level 4 Diploma or equivalent (eg ICA Diploma in Governance, Risk & Compliance or CII Diploma in Financial Planning)

We are particularly interested in reviewing applications from candidates who have experience of distribution through platforms, or a good understanding of MiFID and IDD, including product knowledge relating to UCITS and IBIPs or a good understanding of CASS rules.

What you'll be doing:

Legislative/regulatory change

Support in the identification of legislative/regulatory changes, developments and announcements arising from relevant sources (for example the FCA and PRA). Support in the analysis of legislative/regulatory developments and determine the impact on Wesleyan's business. Support in the communication of details of legislative/regulatory developments to all relevant business areas in a timely manner, using a suitable method of communication and including an appropriate level of detail.

Support for business-as-usual activities

Provide advice and guidance on regulatory and technical matters to Wesleyan Group staff in relation to business-as-usual matters, the provision of financial advice to customers, process change initiatives, sales initiatives, marketing campaigns and product developments. Contribute as appropriate to product development strategy and support product developments. Provide support to business areas with the submission of regulatory and statutory returns.

Review and approval

Contribute to the review and sign-off of customer-facing documentation, including key features documents, statement mailings, policy documents, media articles, training materials and all forms of financial promotions. Contribute to the review and approval of changes or additions to advice guidelines and suitability reports as well as instigating changes where a need is recognised.

Project support

Supporting relevant Group projects, working closely with the RAP Manager and with Change Management to ensure resources are managed effectively. Contributing directly to project related work as appropriate, ensuring legislative/regulatory compliance matters are considered from outset and at all stages; risks are assessed and documented appropriately, and any concerns are escalated to the RAP Manager.

We're looking for:

Demonstrated Financial Services Regulatory / Compliance experience. Hold or be prepared to work towards a Financial Services related professional qualification (Level 4 Diploma). E.g. CII Diploma in Financial Planning. Good knowledge and understanding of the Regulatory framework of the UK financial services industry (including of relevant sections of the FCA handbook) and/or of the tax and legislative framework governing UK financial products (for examples registered pension schemes, ISAs and life insurance contracts). Strong understanding of the financial planning process as applicable to retail and commercial clients. Able to analyse and interpret legislation, regulation and industry guidance, and exercise sound judgement and decision-making in the application of regulatory and technical standards. Excellent interpersonal skills.

Benefits:

Annual Performance based Bonus - based on a mixture of company and personal performance 28 days annual leave (plus 1 additional "culture day" & bank holidays) - increases to 30 days with 5 years' service Company pension scheme - matched plus 2% (up to 10%) Free secure underground Birmingham city centre parking (available on weekends for personal use - subject to availability) Cashback and discounts on major brands in retail, leisure, health, and wellbeing Enhanced maternity & paternity pay 2 volunteering days per year


To find out more about some of the great benefits Wesleyan offer, visit our careers page: https://careers.wesleyan.co.uk/applicantPortal/rewards

What to know before applying:

Equal Opportunities:

Wesleyan are an equal opportunities employer. We know the best teams are made up of inclusive groups of diverse people where everyone's contribution counts, and we believe everyone has the right to proudly be themselves. We're building a culture where difference is actively encouraged and simply recruit the best people for the job irrespective of lifestyle, life history and life choices.

Reasonable Adjustments:

We understand that there are a wide range of reasons that you may require reasonable adjustments to the recruitment process- please let us know in your application how we can best support you.

VISA Sponsorship:

We are unable to provide VISA sponsorship, and therefore cannot employ anyone who does not have the legal right to live and work in the UK - within our recruitment process you will be asked to provide evidence of your Right to Work.

Advert Closing:

We typically advertise for two weeks, though we reserve the right to close adverts early if we receive a high volume of applications; we would therefore recommend an early application if you'd like to be considered for our opportunities.

Regulatory Requirements:

Please note this is role is subject to regulatory requirements. As a financial services organisation we are committed to adopting the highest standards and we do this by employing individuals with the appropriate skills, experience and integrity to protect the Wesleyan Group and our customers. Relevant checks and assessments will be carried out during the recruitment process. The nature of the checks will depend on whether the role is subject to the Senior Managers and Certification Regime (SMCR) or the Insurance Distribution Directive Please note a criminal record check and credit check will apply and this role is also subject to ongoing checks in line with the Group SMCR Framework (Fit & Proper Policy).