Group Compliance Assistant Manager

RiverStone is seeking an experienced and proactive Compliance Assistant Manager to support the Group Chief Compliance Officer ("GCCO") in the delivery and ongoing operation of the Group Compliance framework across RiverStone's regulated entities.
The role will play a key part in embedding RiverStone's Compliance Target Operating Model ("TOM"), supporting Local Compliance teams and providing subject matter expertise across a broad range of compliance disciplines, including conduct risk, financial crime, governance, regulatory change, third-party risk and regulatory engagement.
Working closely with the GCCO and Local Compliance teams, the successful candidate will help ensure that regulatory risks are effectively identified, assessed, managed and reported across the Group. The role will combine technical compliance expertise with practical delivery responsibility, providing a unique opportunity to influence how Compliance operates within a complex, multi-jurisdictional insurance group.
The role is suited to an individual with established Compliance experience who is looking to broaden their expertise, take ownership of significant workstreams and gain exposure to Group-level compliance leadership and regulatory strategy.

Role in the Compliance Target Operating Model
The Compliance Assistant Manager will support the GCCO in:

• Embedding and operating the Group Compliance Target Operating Model.
• Maintaining the Group Regulatory Traceability Matrix and compliance risk framework.
• Coordinating Group-wide compliance activities and assurance programmes.
• Providing oversight and challenge in relation to regulatory risks and compliance controls.
• Supporting consistency across Group and Local Compliance functions.
• Enhancing compliance frameworks, policies, governance and reporting.
• Providing specialist support across key compliance risk areas.

Responsibilities

1. Compliance Risk Management & Regulatory Oversight

• Support the ongoing development and maintenance of the Group Regulatory Traceability Matrix.
• Assist with the identification, assessment and monitoring of regulatory and compliance risks across the Group.
• Support the preparation of Compliance Risk Assessments and Compliance Plans.
• Monitor emerging regulatory risks and industry developments.
• Provide compliance advice and guidance to stakeholders across the business.
• Support the development of risk indicators, management information and Board reporting.

2. Regulatory Change & Horizon Scanning

• Monitor regulatory developments across RiverStone's key jurisdictions.
• Assess the impact of new regulatory requirements and identify implementation actions.
• Coordinate regulatory change initiatives with Local Compliance teams.
• Support the maintenance of regulatory obligations inventories and implementation trackers.
• Assist with regulatory submissions, regulatory enquiries and supervisory engagement.
• Prepare briefing papers and impact assessments for senior management.

3. Governance, Accountability & Culture

• Support the operation of governance frameworks across the Group.
• Assist with the oversight of Accountable Person regimes, Fitness & Propriety and Conduct Rules requirements.
• Support Conflicts of Interest and Gifts & Hospitality processes.
• Assist with whistleblowing governance and reporting.
• Support preparation of Board, Committee and Executive reporting.
• Identify opportunities to enhance accountability and governance arrangements.

4. Conduct Risk, Consumer Outcomes & Complaints

• Support oversight of conduct risk frameworks and customer outcome initiatives.
• Monitor complaints trends, root causes and remediation actions.
• Assist with Consumer Duty and vulnerable customer activities where applicable.
• Perform thematic reviews across claims handling and customer outcomes.
• Support Local Compliance teams in managing conduct-related risks.
• Assist with conduct risk reporting and governance.

5. Financial Crime & Fraud Prevention

• Support the operation of RiverStone's Financial Crime framework.
• Assist with annual Financial Crime Risk Assessments.
• Monitor the effectiveness of AML, sanctions and fraud controls.
• Support investigations, referrals and escalation processes.
• Assist with the implementation of Failure to Prevent Fraud requirements.
• Coordinate Financial Crime reporting and governance activities.
• Support delivery of financial crime training and awareness initiatives.

6. Third-Party Risk & Outsourcing Oversight

• Assist with the oversight of outsourcing and third-party service arrangements.
• Support materiality assessments and compliance reviews of service providers.
• Monitor compliance with outsourcing requirements and internal standards.
• Support governance over delegated claims administrators and other outsourced activities.
• Participate in thematic reviews and assurance activities relating to third-party risk.
• Assist with the development of Group outsourcing and oversight frameworks.

7. Compliance Monitoring & Assurance

• Deliver Compliance Monitoring and Testing activities across key compliance risk areas.
• Perform reviews and thematic assessments.
• Document findings, recommendations and remediation actions.
• Track actions through to completion and validate implementation.
• Coordinate activities with Risk Management and Internal Audit where appropriate.
• Contribute to the development of the annual Compliance Monitoring Plan.

8. Strategic Projects & Change Initiatives

• Support delivery of strategic Compliance initiatives and transformation programmes.
• Assist with policy management and framework enhancement programmes.
• Support M&A due diligence and post-acquisition integration activities.
• Contribute to the implementation of compliance technology solutions.
• Support AI governance, operational resilience and other emerging risk initiatives.
• Provide surge support across Group and Local Compliance functions when required.

Requirements

Essential Experience
The successful candidate will demonstrate:

• Experience within a Compliance function in a regulated financial services environment.
• Good understanding of second-line Compliance responsibilities and governance.
• Experience in one or more core compliance disciplines, including:
  • Conduct Risk
  • Financial Crime
  • Regulatory Change
  • SMCR
  • Complaints
  • Third-Party Risk
  • Compliance Monitoring & Testing
• Experience undertaking regulatory reviews, assessments or assurance activities.
• Experience preparing reports and briefing papers for senior stakeholders.
• Strong analytical, organisational and problem-solving skills.
• Ability to manage multiple priorities and workstreams simultaneously.
• Strong Microsoft Office skills, particularly Excel and PowerPoint.

Desirable Experience
Preference will be given to candidates with experience of:

• Insurance or reinsurance markets.
• PRA, FCA or Lloyd's requirements.
• Group or multi-jurisdictional Compliance functions.
• Compliance Monitoring and Testing.
• Compliance risk assessments and risk frameworks.
• Third-party risk management and outsourcing oversight.
• Financial crime programmes.
• Operational resilience initiatives.
• Regulatory engagement and supervisory interactions.
• M&A transactions and integration activities.
• Policy governance and compliance technology solutions.

Personal Attributes
The successful candidate will be:

• Technically credible with a strong Compliance mindset.
• Proactive and capable of working independently.
• Pragmatic and solutions-focused.
• Confident engaging with senior stakeholders.
• Curious and keen to continuously develop their expertise.
• Delivery-focused with strong attention to detail.
• Comfortable operating in a growing and evolving organisation.
• Able to balance regulatory expectations with commercial objectives.

Benefits

We believe in taking care of our team and helping our employees thrive both professionally and personally.
Our benefits include:

• Private Medical and Dental cover – Comprehensive Private Medical and Dental Insurance schemes with Bupa
• Health and Wellness –including access to our Employee Assistance Programme, Headspace
• subscription, Mental Health First aiders at each site, up to five funded counselling sessions per year,
• annual health check-up and eye test voucher
• Wellbeing Allowance – Can be used towards either physical or mental health wellbeing activities
• 25 days’ holiday per year – plus bank holidays and office closure on Christmas Eve. Holiday
• entitlement increases with length of service
• Bonus scheme – dependent on achieving individual, department and company goals
• Pension – a non-contributory defined contribution pension scheme
• Life Assurance – provides a lump sum 10 x your salary
• Permanent Health Insurance Scheme – scheme pays benefits during a prolonged period of illness or disability lasting more than 26 weeks
• Parental Leave – Enhanced Maternity, Paternity and Shared Parental Leave policy
• Training and development – Company funding for professional qualifications that would be beneficial for your role
• Volunteering and charity – triple matching donations made independently or via our Give As You Earn scheme, Give A and two paid volunteering days per year to help give back to our local communities
• Cycle To Work Scheme – a tax efficient way to purchase a bicycle
• Interest Free Travel Loan – to assist with commuting costs
• Travel Insurance – business and personal travel
• Sports and Social – active sports and social committee that organizes subsidised events

Working hours
Our standard working hours are from 09.30 a.m. to 5.30 p.m. Full time employees are to be in the office for 3 days per week, with 2 days working from home.

Closing date for this vacancy is Friday 23rd October 2026 we will provide responses to applicants after this date.

RiverStone is proud to be a Disability Confident Employer. We are committed to providing an inclusive and accessible recruitment process and welcome applications from individuals of all backgrounds and abilities. Should you require any reasonable adjustments at any stage of the recruitment process, please let us know and we will work with you to support your needs.