Senior Compliance ConsultantThe Vacancy* The Senior Compliance Consultant is responsible for the management and effective execution of regulatory business partnering to all business units. * In addition it holds responsibility for execution of regulatory horizon gazing, implementation of regulatory change and management of interface with industry bodies * The role spans multiple, legal and regulatory frameworks across various geographical boundaries. * These include the countries where the segment entities are primarily regulated (UK, Luxembourg), the countries where the segment has establishment operations (including France, Italy, Belgium, Netherlands, Denmark and Germany), where there are material run-off operations (including Switzerland and Singapore), and where the segment carries our business in third countries in particular where there are local licencing, prudential or sanctions regulations. Key ResponsibilitiesRegulatory Business Partnering * Provide effective regulatory business partnering, advice and support to the business on upcoming legal and regulatory issues throughout the business and provide commercially compliant solutions. * Partners the Company's Underwriting functions, Distribution and other key functions * Ensure that stakeholders are empowered to take responsibility for regulatory compliance, through discussion and challenge. * Act as a key point of contact and Subject Matter Expert for business leaders and provide advice and oversight on applicable law and regulation. Regulatory / Compliance * Works within the team to identify upcoming regulatory developments. * Support the General Counsel as appropriate on various projects. Financial Crime* Responsible for monitoring sanction developments and financial crime legislation and assessing the impact on the business. * Lead the annual Financial Crime Risk Assessment working with different business functions * Provide updates to the Financial Crime framework and policies and procedures as required. Skills, Knowledge & Experience* Previous experience working in a Compliance or legal function (7+ years of company market and/or Lloyd's experience) desirable. * Knowledge of the UK regulatory framework including FCA/Lloyd's. * Experience of Sanctions and Financial Crime. * Maintains a current, in-depth knowledge of the competitive market landscape, trends and industry developments, legal and regulatory requirements and territorial issues etc. leveraging knowledge to identify strengths, weaknesses, opportunities and threats. * Strong stakeholder management, communication and influencing skills at all organisational levels (internally and externally) and the ability to work collaboratively within the team and with other disciplines
Back to searchSenior Compliance Consultant
Harrison Holgate
Posted a day ago, valid for 16 days
London, Greater London EC1R 0WX
£45,000 - £54,000 per annum
Full Time
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Sonic Summary
- The Senior Compliance Consultant is responsible for managing regulatory business partnering across multiple business units and geographical regions.
- The role involves executing regulatory horizon gazing, implementing regulatory changes, and interfacing with industry bodies in various countries including the UK, Luxembourg, and others in Europe and Asia.
- Candidates should have at least 7 years of experience in a compliance or legal function, preferably with knowledge of the UK regulatory framework and financial crime legislation.
- The position requires strong stakeholder management and communication skills, as well as the ability to provide commercially compliant solutions to regulatory issues.
- The salary for this role is competitive, reflecting the seniority and expertise required.
