A highly regarded London-based Insurance firm is looking for a Compliance Advisory Officer to assist in supporting the firm's business growth through the management of Compliance policies and procedures and acting as point of contact for all financial promotions queries.
Key Responsibilities:
Support horizon scanning for regulatory developments and reporting any new or proposed regulation or legislation that may impact the Relevant Business to relevant business and Compliance stakeholders.
Assessing whether policies and procedures, systems and controls fully address the specific regulatory or compliance strategic requirements applicable to the Relevant Business.
Identify compliance training needs for Gifts Entertainment and Hospitality, Financial Promotions and Third Parties, within the Relevant Business. Development and delivery of compliance training ensuring appropriate compliance and business input.
Provide compliance approval under specific control frameworks, e.g. Financial Promotions, Gifts, Entertainment & Hospitality, third party relationships, and/ or marketing materials.
Report any change, new or proposed regulation or legislation that may impact the firm to relevant business and Compliance stakeholders
Analyse performance data and Monitor findings to identify potential weaknesses in internal controls
Skills/Requirements:
Compliance advisory experience within insurance is essential.
Financial Promotions experience related to insurance is essential.
Good knowledge of the FCA regulatory environment and controls
Can work independently on Compliance tasks
Excellent communication skills, verbal and written
Attention to detail and problem-solving skills
Must be a strong team player with good interpersonal skills and actively contributes in meetings
Proactive and ability to work under pressure to tight timelines and without direct supervision
