The Compliance Lead will be responsible for managing and developing the firm’s compliance framework, ensuring adherence to FCA regulations and industry best practices. You will act as the primary point of contact for regulatory matters, provide guidance across the business, and ensure a strong culture of compliance and ethical conduct.
Key Duties
Lead, maintain, and enhance the compliance monitoring program.
Ensure compliance with FCA requirements, including SMCR, conduct rules, financial crime prevention, and consumer duty.
Act as a subject matter expert on regulatory developments, assessing their impact on the business and ensuring timely implementation of changes.
Oversee complaints handling, financial promotions approval, and product governance.
Provide clear compliance advice to management and staff, supporting business decisions while managing regulatory risk.
Manage the relationship with the FCA and other regulatory bodies, including handling regulatory reporting and notifications.
Deliver compliance training and awareness programs to staff.
Support internal audits and contribute to risk management processes.
Embed a strong compliance culture across the business, promoting ethical conduct and customer-first values.
About You:
Proven experience in compliance within an insurance broker
Strong knowledge of FCA rules, particularly those applicable to insurance distribution.
Practical understanding of SMCR, consumer duty, and financial crime regulations.
Excellent communication and stakeholder management skills, with the ability to influence at all levels.
Strong analytical and problem-solving skills, with attention to detail.
Ability to balance commercial objectives with regulatory requirements.
Professional qualifications (e.g., ICA, CII, or equivalent) desirable.
