Job Title: Compliance Manager Salary: £60,000 - £65,000 Location: Romford (Essex)/Hybrid A bespoke Insurance Broker is looking to hire an experience Compliance Professional that is looking to take the step up to Compliance Manager. Key Duties
To ensure compliance of the Company’s activities, resources and staff, with the requirements of industry and government lead regulation, within a framework of business efficiency.
To monitor and maintain adequate and appropriate systems and controls to ensure that the firm meets its regulatory requirements.
To conduct root cause analysis on complaints and report the results to senior management
To provide advice and, as necessary, management of any parts of the firm’s FCA compliance planning and to report progress to the company on a regular basis.
To assist in reporting to the FCA.
To work with other departments when necessary to provide support.
To assist in oversight of broker partners
Key Tasks:
To be aware of current compliance requirements and to be up to date with compliance regulation changes as they occur, so that a measured and effective compliance strategy may be planned and implemented.
To work with the Head of Compliance and Senior Management in setting up appropriate systems and controls to ensure that the firm meets its regulatory obligations
To regularly monitor and update the compliance systems and controls to ensure that they are performing the function that they should.
To maintain such ad hoc records as thought may be appropriate to satisfy requirements of compliance, which may be requested by Regulatory requirements.
To undertake such action as is necessary to ensure compliance with any further direction issued by the Financial Conduct Authority and the Office of the Information Commissioner.
Support the Head of Compliance in the delivery of the company Compliance Plan and other additional Project Management and supplier support to deliver compliance to FCA regulations
To work in conjunction with others to monitor and record compliance of the Company’s activities, including overseeing of required reporting to the FCA and other regulators
To network with other professional bodies, stakeholders and Regulatory Authorities to ensure that we are aware of ongoing developments.
To provide support and input to the training of staff, preparing for professional qualification and the monitoring of staff as they adhere to a policy of Continuous Professional Development as required by Regulation.
Qualifications: Insurance qualification or equivalent an advantage ICA qualification preferred
If you have relevant experience for this role & wish to fast track your application, please forward your CV to kp@arthur.co.uk
