New Compliance Officer (Monitoring) hire working with a top performing broker who work closely with the Lloyd’s market. You will work with the business to define the compliance monitoring framework and assist the business to identify, assess and govern compliance risk.
Key Responsibilities:
- To monitor review and report, as 2nd Line of defence, on adherence by the business to the policies, procedures and systems and controls in place to ensure regulatory compliance.
- Co-ordinate external audits with other insurers.
- Support in maintaining a compliance monitoring framework and annual plan.
- Support and advise the 1st LOD on compliance findings and recommendations.
- Work with Group Risk and the Internal audit (Line 3) function on independent assurance mapping.
- Build and maintain effective working relationships with internal and external stakeholders.
- Run ad hoc compliance projects as required.
Key Skills and Experience:
- Extensive compliance experience gained within the FCA environment and the London Insurance Market.
- Experience of International operations including the compliance aspects of monitoring overseas offices.
- Thorough understanding of the FCA's Sourcebooks as applying to Insurance Intermediaries.