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Compliance Manager

Hays Specialist Recruitment Limited
Posted 9 hours ago, valid for 19 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The compliance team is seeking a pivotal member to work closely with Group and Divisional Management, reporting directly to the COO.
  • The role requires demonstrable knowledge of FCA compliance, with a focus on wholesale and reinsurance business, along with in-depth understanding of Lloyd's and related regulations.
  • Candidates should have strong experience in a broking or operational role within an insurance brokerage, along with excellent attention to detail and communication skills.
  • The position offers a salary of up to £90,000 and requires candidates to have relevant experience in the Lloyd's, London market, and reinsurance sectors.
  • The firm operates with a hybrid model, requiring three days a week in the office.

Your new companyAs a pivotal member of our compliance team, you will work closely with Group and Divisional Management, reporting directly to the COO. Your role involves providing expert compliance support, fostering a culture of continual improvement, and ensuring adherence to regulatory requirements.Your new role

  • Serve as the primary point of contact for compliance and financial crime-related support
  • Review and manage counterparty relationships
  • Monitor compliance performance and communicate results to management
  • Review Delegated Authority agreements and offer advice on risk mitigation
  • Provide guidance on financial crime prevention measures
  • Act as a subject matter expert on Lloyd's/London Market/Wholesale practices
  • Develop and deliver training programmes for staff
  • Oversee the integration of acquired firms

What you'll need to succeedTo excel in this role, you should have demonstrable knowledge of FCA compliance requirements related to both wholesale and reinsurance business, and an in-depth understanding of Lloyd's, ICOBS, and SMCR regulations. Familiarity with both traditional and non-traditional insurance concepts and hands-on experience in a broking or operational role within an insurance brokerage are essential. Strong familiarity and knowledge of Lloyd's, London market, and reinsurance sector will be crucial. You should possess excellent attention to detail, communication skills, analytical thinking, and organisational skills.What you'll get in returnThe role offers an exciting opportunity to be the compliance expert for a growing Lloyds brokers, the role is paying up to 90k and the firm work 3 days a week in the office.What you need to do nowIf you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.