Director of Risk & Compliance

We are seeking a highly skilled and motivated Director of Risk & Compliance to lead and oversee all aspects of risk management, compliance, and regulatory matters. The ideal candidate will have a strong understanding of the regulatory landscape, exceptional leadership qualities, and the ability to drive strategic initiatives to ensure the organisation's adherence to industry standards and legal requirements., + Develop and implement an enterprise-wide risk management framework to identify, assess, and mitigate risks associated with the company's operations.
+ Lead risk assessments, monitor risk exposure, and provide actionable recommendations to senior leadership.
+ Collaborate with cross-functional teams to establish risk tolerance levels and develop risk mitigation strategies.
Compliance Oversight:
+ Ensure the company's compliance with relevant UK and international regulations, standards, and guidelines.
+ Stay updated on changes to regulatory requirements and assess their impact on the business.
+ Ensure awareness of, and compliance with relevant industry regulatory and compliance requirements for our products and services.
+ Design and execute compliance monitoring programs to assess and report on the effectiveness of internal controls.
Regulatory Affairs:
+ Serve as the primary point of contact for regulatory agencies, external auditors, and legal counsel in matters related to risk and compliance.
+ Coordinate and manage regulatory inspections, audits, and inquiries, ensuring timely and accurate responses.
+ Develop and maintain a strong understanding of the evolving regulatory landscape within the SaaS industry.
Policies and Procedures:
+ Establish and maintain comprehensive risk and compliance policies, procedures, and guidelines that align with industry best practices.
+ Communicate and educate employees on compliance requirements, fostering a culture of awareness and accountability.
+ Proactively contribute to bids, proposals, and pre-sales activity in respect of Risk & Compliance management and adherence.
+ Proactively contribute towards product and service development ensuring the Risk & Compliance function proactively informs product development and business processes and policy is enhanced to meet any changed requirements prior to go-live.
Training and Awareness:
+ Design and deliver training programs to educate employees on risk management principles, compliance obligations, and ethical conduct.
+ Promote a culture of compliance by fostering a sense of responsibility and ownership among all staff members.
Reporting and Documentation:
+ Prepare and present regular reports to senior leadership and the Board of Directors on the status of risk management and compliance efforts.
+ Maintain accurate and organized documentation of risk assessments, compliance activities, and regulatory interactions.

• Professional certification (e.g. CRO, CRISC, CCEP) preferred.


• Proven experience in a senior risk management or compliance role within a SaaS, technology, or related industry.


• In-depth knowledge of UK and international regulatory requirements applicable to SaaS businesses.


• Industry specific regulatory and compliance requirements relevant to our suite of services, products, and customers.


• Strong leadership, interpersonal, and communication skills, with the ability to engage and influence stakeholders at all levels.


• Experience in developing and implementing risk management frameworks, compliance programs, and policies.


• Exceptional analytical and problem-solving abilities, with a keen attention to detail.


• Demonstrated ability to navigate complex regulatory environments and effectively manage regulatory relationships.


• Proficiency in risk assessment methodologies, compliance software, and data analytics tools.


• A track record of driving a culture of ethics, integrity, and compliance within an organisation.
  
  What We Do For You


Wellbeing focused - Our people are our greatest assets, and ensuring everyone feels their best self to come to work is integral

• Annual Leave - 25 days of annual leave, plus public holidays and the ability to buy additional days


• Employee Assistance Programme - Free advice, support, and confidential counselling available 24/7 through Care First


• Endometriosis Friendly Employer - We are proud to confirm our commitment to developing an environment and culture that allows those with endometriosis to thrive in the workplace


Personal Growth - Regardless of where you are at in your career, we're committed to enabling your growth personally and professionally

• Development Programmes - From Future Managers to Leadership Training, our development programmes help you get where you need to go


• Performance Bonus - Our Group-wide bonus scheme enables you to reap the rewards of your success


Financial wellbeing - We understand as well as your mental wellbeing, your financial wellbeing is really important

• Pension Scheme - Our plan with Scottish Widows offers 5% matched contribution by the company


• Income protection insurance - Providing you with support and assistance when you need it most


Recognition - Highlighting and rewarding the great work our people do

• Values Awards - Our quarterly employee-driven initiative to highlight and reward the people in the organisation who embody our values the most


• Clear Review - Our own technology platform that allows you to get real-time feedback, conversations and goals to help you become your best self


Making a Difference - we provide opportunities to help our people make a difference to the causes they care about

• MatchIt! - Fundraise for a cause close to your heart and Advanced will match part of the funding


• Volunteering Time - Our volunteering leave scheme allows you to use your time to help those who need it


• Pennies from Heaven - donate the pennies from your pay check to help make a difference without lifting a finger, Advanced is one of the UK's largest software and services company, and our products sit at the heart of some of the country's best-known businesses. Come and be part of a team of people who power the world of work through technology across legal, education, health and social care. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an inclusive employer, we know that diversity means success and innovation. We want our colleague community to reflect those of our customers we serve and the societal impact we make. Being inclusive is part of our DNA and we strive to deliver a culture where you can truly be yourself.