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Compliance officer

Gravitas Recruitment Group
Posted 18 days ago, valid for 21 days
Location

London, Greater London EC1R 0WX

Salary

£45,000 - £54,000 per annum

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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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  • Join a reputable insurance company as a Compliance Officer, responsible for overseeing and enhancing the Compliance Framework.
  • The role requires a minimum of 5 years of experience in compliance or regulatory roles, with in-depth knowledge of Lloyd's regulations and FCA/PRA standards.
  • The successful candidate will report to the Chief Risk and Compliance Officer and will play a key role in ensuring international business compliance with regulatory standards.
  • Key responsibilities include developing compliance priorities, conducting risk assessments, and delivering training programs to employees.
  • The position offers a competitive salary of £60,000 to £70,000, depending on experience, providing an exciting opportunity to make a meaningful impact in the insurance sector.

Join a Reputable Insurance Company as a Compliance Officer

This esteemed insurance company is seeking a dedicated Compliance Officer to play a vital role in overseeing and enhancing the Compliance Framework.

This position reports directly to the Chief Risk and Compliance Officer, the successful candidate will ensure that the International business adheres to all regulatory standards, making a significant impact in a dynamic environment.

Key Responsibilities:

- Support the development and execution of International Compliance priorities and strategic planning.

- Assess ongoing compliance with Lloyd's Regulatory and Financial Crime Principles, Lloyd's Insurance Company's Financial Crime Guide for Underwriters, and the FCA's Financial Crime Guide.

- Collaborate with the business to ensure that Conduct requirements are consistently met throughout the customer journey.

- Conduct reviews of current and emerging regulatory developments, evaluating their impact on international operations through thorough risk assessments, and communicate necessary actions effectively to the business.

- Design and deliver engaging compliance training programs, utilizing both e-learning and face-to-face sessions for all relevant employees.

- Build and nurture key stakeholder relationships, particularly with the Compliance function, to foster trust and align with strategic business priorities.

- Ensure effective collaboration between the Compliance function and other internal governance units, including Legal, Risk, and Internal Audit. Experience Requirements:

- In-depth knowledge of Lloyd's regulations, processes, and procedures.

- Strong communication skills, capable of articulating complex concepts clearly and effectively.

- Comprehensive understanding of FCA/PRA and Lloyd's regulations.

- Excellent organisational and planning abilities, with a keen eye for identifying strategic priorities.

- Strong influencing skills, combined with a commercial approach to risk assessment.

If you're looking to make a meaningful impact in the insurance sector and meet the qualifications, this is an exciting opportunity to join a reputable organisation and advance your career!

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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.