Director of Compliance

• Director of Compliance
• Location – Warrington - Hybrid working
• Full Time / Permanent
• Salary - £75,000 - £85,000 plus bonus
• Parasol is one of the UK’s leading umbrella employment providers, supporting thousands of contractors and freelancers across a wide range of industries. Acting as the contractor’s employer, Parasol handles all payroll, tax, and compliance requirements — ensuring smooth, compliant payments and access to full employment rights and benefits
• We are currently looking to recruit a Director of Compliance to join our Senior Leadership team
• This role will report directly to our Chief Executive Officer, with regular reporting to the Board and Audit & Risk Committee

Role and responsibilities

• Identify, advise and own all Group compliance and regulatory risks, including maintenance of Group risk registers, definition of risk appetite, and escalation of material risks to the Board and Audit & Risk Committee.
• Provide regular Board and committee reporting on compliance risks, regulatory developments, assurance outcomes, and emerging issues.
• Ownership of the Group’s compliance policies, procedures and strategy with responsibility for ensuring they are regularly reviewed and updated in line with legislation and reflective of, or are exceeding, industry best practice.
• Identifying, developing and implementing clear structured procedures, processes and strategy to deliver compliant application throughout the Group
• Delivering training to the Group to ensure understanding and compliant application of all policies, processes and strategy throughout the Group
• Provide technical leadership on all industry-related subjects including tax and employment law, providing technical support and advice to the Group.
• Forging strong working relationships with all external stakeholders (including Government, HMRC, FCSA, REC, APSCo and other regulatory industry bodies)
• Managing audits and investigations into regulatory and compliance related issues
• Responding to requests for information from regulatory bodies and ensuring compliance
• Developing and delivering client and market facing thought leadership and consultancy services with regards to legislative and compliance developments; providing strategic support and insights to our key partners; and establishing and enhancing the Group’s market presence and exposure as the industry leader
• Developing and supporting business opportunities through establishing and building key industry contacts, participation and networking at industry meetings and events, and marketing

Qualification and desirable education requirements

• Experience of working in a senior leadership compliance-based role
• Desirable candidates will have an in-depth tax and regulatory knowledge of the sector (i.e. Umbrella/PEO/Accountancy, supply chain compliance and UK’s flexible labour market)
• In depth knowledge of sector related legislative, compliance and tax matters (e.g. AWR, MSC, IR35, On-shore/Off-shore Intermediaries, CFA, SAO, Working Time Director etc.)
• Strong knowledge of operational risk management
• Experience of working for strong and credible brands within the industry
• Ability to advise senior staff members on compliance, tax and regulatory matters
• Experience in setting and implementing policies, processes and strategy across a large organisation
• Demonstrable experience reporting to regulatory bodies
• Benefits Package
• Annual Leave - Enjoy 25 days off plus Bank Holidays to reach a maximum of 29.
• Annual Leadership Bonus
• Bupa Private Medical Insurance
• Cycle to work scheme
• Company Pension
• Caroola supports the mental health of its people. Our dedicated team of qualified Mental Health First Aiders provide materials and support in areas such as mental health, mindfulness and personal health.
• Employee Assistance Programme We provide 24/7 365 days a year counselling and support through our Employee Assistance Programme
• Gym Membership
• Onsi - Salary Advance Scheme
• My Savings Pal - Earn cashback
• Hybrid Working
• Free Parking