The Risk & Compliance Director will be accountable for the delivery of an effective and efficient Risk & Compliance infrastructure and function across the Consulting, Technology and Forensics business units within the Davies Global Solutions Division.

The sub-divisional remit of the role means that the successful candidate will need to understand the Group’s core business objectives together with all local objectives, to implement all appropriate policies & procedures to support the compliant delivery of those objectives versus all relevant and material regulatory and statutory obligations, and in line with the Group’s risk appetite.

The Risk & Compliance Director will understand the regulatory and compliance obligations impacting the aligned business units. Where those business units are directly regulated, the role holder will ensure that all regulatory permissions are secured and that all appropriate steps taken across the relevant business units to ensure ongoing compliance with such direct regulatory obligations in a commercial and economic manner.

Where the aligned business units are not directly regulated but required to align to regulatory frameworks, the Risk & Compliance Director will work with the Divisional CEO and business unit leads to ensure that appropriate and pragmatic steps are identified that enable such alignment in an equally commercial and economic manner.

The successful candidate will inherit and continue to build, promote and endorse a culture in which accountability for appropriate risk & compliance issues fall upon all colleagues within the Division.

By nature of the territorial footprint of the Global Solutions business, the Risk & Compliance Director is required required to provide support across multiple time-zones, and where appropriate, engage in both domestic and international travel.

Responsibilities

The role requires a thorough understanding of the Group’s enterprise risk management framework and appetite, together with the Group’s overarching compliance framework as well as the risk, compliance and regulatory rules and obligations specifically impacting the aligned Division.

In addition to direct knowledge and working experience of these frameworks, the role holder will require broad, up-to-date knowledge pertinent regulation and legislation and the management of enterprise risk management and compliance frameworks.

Defining, developing, and maintaining a target operating model for the aligned business unit / sub-divisional risk & compliance functions, and operating that function in line with stated budgets.
Embedding all Group risk & compliance frameworks, policies and procedures across the aligned business units / sub-Division, and where necessary working with the Group CRO to identify all required local derogations and supplements to those frameworks to meet business area specific (including territorial or regulatory) requirements.
Embedding all such policies, procedures, and frameworks across the aligned business units, including all local entities / service lines and territories to ensure regulatory and legislator compliance across the same.
Developing and leading an effective, high-performance risk & compliance function and team within the aligned business units / sub-division, retaining, and attracting key talent to ensure continuous improvement in staff competencies, skills, and knowledge.
Supporting both the Divisional CEO, and Corporate Development team in the development of appropriate M&A activity impacting the aligned business units / sub-Division, including engagement in pre-acquisition due diligence processes and post completion integration to the Division of all completed acquisitions to the Division.
Establishing and maintaining clear and measurable risk & compliance plans, budgets, and targets, and robust and fit-for-purpose operational procedures and deliver measurable service improvements and ensure that all elements of the service represent the best value for money.
Where appropriate, leading and driving integration of acquired businesses or business units from legacy risk & compliance frameworks to the Davies Group risk and compliance frameworks, identifying all gaps in current Group controls as a result of local territorial or service line requirements and ensuring that the Group’s control frameworks are updated to reflect the same.
Providing senior leadership and oversight of effective risk & compliance management, across the aligned business units / sub-division and as an extension of the Group’s overall Governance, Risk & Compliance function.
Helping to raise the bar in how we protect both Divisional and overall Group business interests by the development and deployment of an effective risk & compliance infrastructure.
Designing and implementing strategy, tools, policies, and processes to manage risk & compliance matters within the aligned business units.
Establishing and chairing relevant business area risk boards, which will feed into both the Global Solutions Divisional board, and the Group’s overall Risk Management framework through the Group’s Risk & Governance Board.
Attendance of the Group’s Risk & Governance Board as required and in rotation with Insurance Solutions counterparts to represent the Global Solutions Division at RGB, and whilst holding a primary reporting line to the Global Solutions CEO will have a matrix reporting line to the Group CRO.

Skills

The role holder will be able to evidence having established and led risk & compliance functions of a similar / equivalent status, size, and profile of the aligned business units / sub-division
Demonstrable experience developing innovative, future focused risk & compliance functions in support of business objectives.
A track record in directing and managing innovative change and continuous improvement, ensuring excellent organisational performance and outcomes across a complex portfolio of Risk & Compliance responsibilities.
Specific experience of operating in a directly regulated environment, including but not limited to CPA, FCA, OFSTED or equivalent and ideally having held formal SMCR or equivalent regulated functions roles.
Knowledge of common risk management and compliance frameworks
The role holder will also understand and be committed to the delivery of Davies Values.