Compliance Advisory Consultant – Second Line (UK)

Job Description

Compliance Advisory Consultant – Second Line (UK)

Contract type: Permanent
Location: Edinburgh, Alderley Park
Working style: Hybrid 50% home/office based

Shape decisions. Challenge effectively. Improve customer outcomes.

At Royal London, Group Risk & Compliance plays a critical role in supporting the business to deliver good customer outcomes and meet its FCA regulatory obligations.

Our Compliance Advisory team sits at the heart of the business providing proactive guidance and support, second line oversight, constructive challenge, and pragmatic regulatory advice across business activity and strategic programmes.

We’re looking for an experienced, commercially aware Compliance Advisory professional who can operate as a trusted partner to the business while maintaining appropriate independence.

About the role

You will operate as a true second line advisor, influencing key decisions and shaping how regulatory risk is managed.

Responsibilities

• Provide clear, pragmatic regulatory advice across change initiatives and BAU activity (e.g. customer communications, pensions, protection, digital delivery).
• Actively challenge the business to ensure regulatory risks are accurately identified, understood and mitigated.
• Partner with senior stakeholders, building credible and influential relationships whilst maintaining independence.
• Support governance and decision making, producing high quality, insight led reporting for senior forums (e.g. SteerCo, committees).
• Contribute to the Regulatory Risk Universe, ensuring risks are well defined and aligned to current regulatory expectations.
• Provide second line oversight on customer outcomes, including alignment with Consumer Duty.
• Translate complex regulatory requirements (e.g. FCA, TPR) into practical, proportionate actions.
• Stay close to regulatory change and articulate clear business impacts and risk implications.

About you

We’re looking for someone who can operate with credibility at all levels, balancing oversight & challenge with good commercial awareness.

• Proven experience in a Compliance Advisory / Risk Advisory (second line) role within Financial Services.
• Strong working knowledge of FCA regulation, ideally across Life & Pensions.
• Experience providing constructive challenge to senior stakeholders, not just guidance.
• Ability to interpret regulation and apply it in a practical, outcome focused way (not just theoretical knowledge).
• Strong understanding of customer outcomes and Consumer Duty expectations.
• Experience supporting or reviewing strategic change initiatives or programmes.
• Excellent written communication skills, with the ability to produce concise, governance ready papers and executive summaries.
• Confidence managing multiple priorities in a fast paced, evolving environment.

Benefits

28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme, and private medical insurance.

Inclusion, diversity and belonging

We’re an inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background.