Frank joined Bovill in 2017, after working for Big 4 consultancies. In recent years he has been extensively involved in supporting Consumer Credit firms through the FCA authorisation process – developing their Regulatory Business Plans, Control Frameworks, and the associated polices and procedures, as they transitioned from OFT oversight, to the more principles-based regulation of the Financial Conduct Authority. For firms who have already been authorised, Frank has worked on a wide range of engagements, across various sectors, supporting clients in the identification, quantification and mitigation of Conduct Risk.
He undertook a number of secondments with clients, including the Head of Compliance role, with the UK branch of a major international insurance firm, where he restructured their Compliance function, to build a team more closely aligned to the needs of the business, and the risk landscape. He has also undertaken secondment roles at firms undergoing FCA enforcement action, and conducted ‘shadow S166’ support.
He has also worked on a wide range of due diligence engagements, working buy-side and sell-side. Engagements included: reviewing regulatory risks for the proposed the purchase of one of the largest mortgage books offered in recent years, and the £1bn sale of a consumer credit firm.
Prior to consultancy, Frank worked in industry, at intermediaries and underwriters in the consumer credit, and also insurance sectors – working closely with 1st line colleagues to enhance operational controls, and improve customer outcomes.