Assistant Compliance Business Partner
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Description
We are looking for an enthusiastic individual to join our team of Compliance Business Partners. Working proactively with our client-facing teams, you will be instrumental in supporting the growth and development of the business, in a sustainable manner. The role would be based in London with a hybrid working style.
The Role
- Ensure quality and proactive engagement with the Relevant Business at all levels, by e.g. attending relevant meetings, and supporting the business in meeting its regulatory obligations. Partner with management in the Relevant Business and foster a collaborative approach to embedding ‘compliance culture’ throughout the business and to support the Three Lines of Defence model.
- As a representative of the Second Line of Defence, monitor and facilitate the implementation of effective regulatory risk management practices by operational management in the Relevant Business and assist the risk owners in reporting adequate risk related information up and down the organization.
- Identify and assess compliance and regulatory risks in the Relevant Business, taking into account relevant internal and external sources of data as well as changes to assessments of other risk types.
- Support the delivery of the annual Compliance Plan for the Relevant Business.
- Support with the development and delivery of compliance training within the Relevant Business.
- Partnering with the relevant business to review and challenge the design and structuring of specific transactions, new products, services, operational procedures, operational change and initiatives.
- Provide challenge and oversight on business management’s assessment and governance of compliance and regulatory risk.
- Compliance Function ad-hoc strategic or operational projects as requested.
- Collate and deliver accurate and appropriate compliance metrics and information to appropriate stakeholders in the Relevant Business and the Compliance Function. Compile and deliver compliance records or information requested by internal/external auditors.
What you'll bring:
- Strong years of experience with the compliance industry, preferably within insurance
- Strong regulatory and corporate governance knowledge/understanding required.
- Excellent interpersonal and influencing skills, with the ability to engage effectively at all levels to promote an effective and business focused compliance culture.
- Ability to work, both individually and as a team, under pressure to tight timelines and without direct supervision.
- Commercial awareness – a commercial and pragmatic approach to managing compliance risks.
- Commitment to continuous professional development and maintaining excellent understanding of regulatory developments.
- Must be committed to maintaining a robust compliance culture and high ethical standards.
- Always demonstrates high integrity.
- Proactive and a self-starter.
- Organised and methodical.
- Excellent analytical problem-solving skills.
- Strong communication skills, both orally and in writing.
- Knowledge and understanding of claims
What We Offer
Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.
We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.
Equal Opportunity Employer
We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidate.helpdesk@wtwco.com