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Compliance Oversight Officer
This is an excellent time to join our award-winning company as we continue to evolve and innovate across the business and grow in new markets in our mission to help the world find better deals.
The Role
The Compliance Oversight Officer will play a crucial role in overseeing the onboarding and ongoing monitoring of Seopa Ltds Introducer Appointed Representatives (IARs) and other introducer partners. This will ensure that the introducer portfolio remains compliant with regulations and consistently delivers positive customer experiences and good customer outcomes.
Key Responsibilities:
Own the introducer due diligence process: Take responsibility for the entire due diligence process for introducers, from initial onboarding to ongoing monitoring.
Liaise with stakeholders: Directly communicate with relevant parties, both internal and external, to discuss and investigate any questions or issues arising from introducer due diligence.
Support IAR FCA notifications: Assist in the submission of routine and ad hoc FCA notifications required for Introducer Appointed Representatives.
Produce monthly oversight reports: Create monthly reports on introducer oversight and conduct, including regulatory compliance, risk assessment, conduct analysis, Consumer Duty and resource allocation, to ensure effective governance and oversight of the Seopa introducer portfolio.
Support internal governance relating to introducers: Assist the Legal & Compliance team with its governance of introducers, including support in the completion of internal records and annual self-assessments.
Liaise with regulators: Support the Legal & Compliance team in managing the relationship with the FCA in relation to introducer-related matters.
Manage regulatory updates: Stay informed of any changes in regulations that affect the management of introducers and report on the same to senior management.
Personal Specification
Academics:3 grade Bs or above at A-Level are desirable, although not essential.
Industry recognised compliance qualifications beneficial but not essential
Experience:
UK regulatory technical knowledge and experience of IARs and introducer regulation in the insurance sector
Knowledge of FCA requirements specifically relating to general insurance products within ICOBs & SUP 12 relating to Introducer Appointed Representatives
Previous experience in risk/compliance roles
Capabilities:
Excellent interpretation skills
Excellent skills in MS Office
Ability to manage projects successfully against tight deadlines
Ability to work as part of a team
Ability to multi-task
Ability to self-educate where required
Personal Qualities:
Good interpersonal skills
Articulate, ambitious, enthusiastic, responsible and thorough
Attention to detail
Self-motivated and able to use your initiative where possible
Must be eligible to live and work in the UK
Can identify with and adhere to our company values:
SMART:We are innovative and strategic, we find better ways to do things
EFFICIENT:We maximise productivity and value for money, we minimise waste and duplication
OPEN:We are one team diverse, loyal and respectful, we welcome new ideas, challenge and change
PASSIONATE:We are ambitious, positive and driven, we celebrate the success of our company and colleagues
ACCOUNTABLE:We are responsible, trustworthy and dependable, we do what we say we will
Benefits - Seopa offers an excellent remuneration package consisting of a competitive salary and a comprehensive benefits package.
Location - we operate a hybrid working policy, where employees can work both from home and from our officesatAmelia Street, Belfast, BT2 7GS. Candidates able to work remotely within the UK will be considered also.
How to Apply- Please submit your CV
About Seopa:
An indigenous company founded in 2003 with branches in Belfast (Head Office) and Timisoara, we are an industry leader in creating and hosting insurance, finance and utility price comparison engines. In addition to providing our software and systems to other companies, we operate our own insurance comparison brands Quotezone.co.uk and CompareNI.com.
Used by millions of UK consumers annually, our systems enable insurance providers to secure business within their target markets and empower consumers to easily identify those providers who meet their financial product requirements at market leading prices. Our Affinity Partnership arrangements also facilitate other companies to increase the range of services offered (and revenue generated) via their websites. Our products are used by over 400 financial partners in the insurance, finance and utilities industry.
Our success has been recognised by a series of awards including six consecutive Deloitte Technology Fast 50 awards, a Deloitte EMEA Technology Fast500 award, several prestigious Deloitte Best Managed Companies awards), Gold Standard Best Managed Companies awards (2020, 2021 & 2022) and a Platinum Standard Best Managed Companies award in 2023
