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- Keeping informed of regulatory developments, considering the impact, and communicating key changes out to the business, including in the UK, Australia and Europe
- Responsible for horizon scanning, including maintenance of the horizon scanning log and conducting initial impact assessments
- Responsible for undertaking initial due diligence on pre-bind sanctions referrals
- Responsible for supporting the Senior Compliance Analyst in conducting the annual financial crime risk assessment
- Maintaining compliance training records and determining any training requirements of the business
- Providing advice and guidance to the business on regulatory matters, including licencing and sanctions referrals
- Reviewing and updating compliance policies and procedures
- Supporting the Senior Compliance Analyst with drafting of compliance management information and reporting to Boards, Committees and regulators
- Maintaining the business timetable to ensure all regulatory returns are captured and submitted on time
- Responsible for conducting monthly monitoring activities to identify any issues in the compliance controls including sanctions, licensing, TOBAs.
- Support the Compliance Assurance Manager in performing thematic reviews on key compliance areas of the business
- Support with complaints handling, ensuring adherence to regulatory timescales
- Maintain the Compliance SharePoint page and the monthly Compliance newsletter
- Monitor compliance mailbox and support the compliance team in responding to queries
- Represent compliance at key meetings, both internal and external where required
- Co-ordinate business' access to Lloyd’s systems
- Support with regulatory returns and information gathering for regulatory submissions and information requests
- Maintain compliance breaches register
- Maintain gifts and hospitality register
- Set new joiners up with compliance e-learning and track progress
- Contributing to business wide projects where required such as opening of new offices overseas and onboarding of new syndicates
- Supporting with the annual fit and proper process for Senior Managers and Certification staff
- Supporting in other areas of compliance when the need arises (e.g. SMCR conduct rule breach investigations, drafting the compliance plan, delivering training)
- Technical knowledge of PRA/FCA/Lloyd’s regulations
- Experience working in a regulatory compliance role within the insurance sector (Lloyd’s Managing Agency experience preferred)
- Financial Crime experience, including sanctions
- Ability to work independently, pro-actively – meeting deadlines and maintaining flexibility in a fast-paced environment
- Demonstrates the ability to approach compliance matters in a pragmatic and solution-oriented manner
- Proven track record of working on own initiative to support the business
- Excellent communication skills – both verbal and written. Confident to interact with all levels of staff within the business
