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Senior Associate, Regulatory Change, 12 month FTC

Eames Consulting
Posted a day ago, valid for 9 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 job involves contributing to FC&C objectives through the execution and improvement of scheduled activities like Risk Assessments.
  • Key responsibilities include establishing project infrastructure, managing stakeholder relations, and identifying regulatory risks.
  • Candidates should have experience in the insurance industry or knowledge of the Lloyd's market, along with familiarity in operational procedures.
  • The role requires strong understanding of compliance principles and experience in managing risk management frameworks is advantageous.
  • The salary for this position is competitive and candidates should have a minimum of 3-5 years of relevant experience.

You will contribute to the achievement of FC&C objectives by actively participating in the execution and improvement of scheduled activities (such as Risk Assessments). This will involve conducting key analysis, handling routine business tasks, and providing input for management information-escalating issues and information according to FC&C governance.

Key Responsibilities:

  • Establishing project infrastructure
  • Setting and tracking milestones and key deliverables
  • Supporting stakeholder management, including providing briefings
  • Managing ad hoc projects, leveraging technical expertise from other Corporation departments as needed
  • Identifying and managing relevant regulatory or financial crime risks, and reporting to the Risk governance structure when necessary
  • Supporting the identification of systemic issues, and reporting them to the Market (through appropriate channels) or to internal stakeholders
  • Addressing decisions that could negatively impact licenses or reputation, or harm its credibility with regulators, or lead to exceeding the stated risk appetite
  • Referring any financial crime regulatory-related decisions or activities to the relevant manager and/or Head of function

Key Requirements:

  • Experience in the insurance industry and/or knowledge of the Lloyd's market
  • Familiarity with operational procedures and controls
  • Experience in organisational administration
  • Understanding of process and operational requirements
  • Experience in designing, implementing, and managing risk management frameworks is advantageous
  • Strong understanding of compliance principles and practices

Eames Consulting is acting as an Employment Business in relation to this vacancy.

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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.