Compliance Officer

Responsibilities

• Prepare summaries, reports, and gap analyses to keep the Compliance function and key stakeholders informed of relevant regulatory developments.
• Act as a trusted advisor by collaborating with colleagues across the compliance team to investigate queries and escalate issues relating to policy, procedures, licensing, and business placement.
• Deliver timely, accurate, and effective compliance support across the organisation and its affiliated entities.
• Monitor and assess changes in regulations and legislation relevant to the jurisdictions in which the business operates, identifying potential impacts.
• Provide clear, pragmatic compliance guidance, ensuring alignment with relevant regulatory and legal requirements.
• Support the coordination and resolution of business complaints, including the review and management of due diligence requests from external counterparties.
• Assist in preparing compliance reports for internal governance forums, such as Compliance Committee meetings.
• Contribute to the development and maintenance of compliance training resources, including e-learning modules, guides, and internal communications.
• Support the preparation and submission of regulatory returns and responses to information requests from regulatory bodies, including the FCA and other relevant authorities.

Experience and Knowledge

• Experience within the London insurance market, with familiarity in the application of regulatory and legal frameworks
• Exposure to financial crime controls, including KYC reviews or compliance monitoring
• Understanding of managing conflicts of interest and working knowledge of FCA conduct standards (e.g. Consumer Duty, product governance)

Skills

• Self-motivated with a willingness to embrace new challenges
• Quick to grasp new concepts and processes
• Strong organisational and prioritisation skills
• Excellent communication abilities, both verbal and written
• Comfortable working in a structured, regulated environment
• High level of accuracy and attention to detail
• Demonstrates sound judgment and knowledge application
• Capable of working to deadlines and managing time effectively