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UK Compliance Analyst

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The details


UK Compliance Analyst

Job purpose

The Compliance Analyst role is designed to support the Senior Compliance Officer / Data Compliance Officer to execute the compliance / data protection program and support other colleagues and the Chief Legal & Compliance Officer in applying the framework for he UK Group. This role is based in the London office and will support all aspects of compliance. This role reports into UK Senior Compliance Officer.

Regulatory Requirements

The role-holder will have be obliged to follow all company policies to meet regulatory requirements.

Key Responsibilities

  • To provide expertise on a wide range of UK related compliance and data protection matters.
  • To support the Senior Compliance Officer in responding proactively to all upcoming UK regulatory changes
  • To advise the Company and Group (including relevant Boards / Committees), Group Legal and Compliance, Senior Managers and other key stakeholders on the impact of regulatory changes
  • To support, as required, implementation of appropriate responses to any regulatory changes in the UK
  • Support the oversight the embedding and evidencing with existing key regulatory imperatives 
  • Support the maintenance of the UK regulatory library and communicate updates to management and relevant staff including through the provision of scheduled and ad-hoc training as required
  • Support the KYC and TOBA process in respect of the UK operation
  • Support the sanctions screening process in conjunction with Group Compliance
  • Provide technical advice to management, staff and the Board on compliance matters
  • Support input to key UK and Group management committees including the Delegated Authority Committee and Product Oversight Group. Involvement in consideration and onboarding of new coverholders, onsite / direct work with Delegated Authorities / Coverholders and development of related management information
  • Support the Complaints Management Process in respect of UK originated business, maintain appropriate records and reporting and operate as the primary contact.

Key Attributes & Professional Qualifications

• A university degree in Accounting, Finance, Risk Management, Business or law
• Minimum of 2 years’ experience in a similar or relevant role preferably in the insurance sector
• Self-starter, capable of working under minimum supervision
• Strong problem-solving ability
• Adept to multi-tasking and meeting deadlines in high-pressure environment Results oriented team player
• Exceptional research and analytical skills with the ability to analyse large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type, etc.) and develop well-reasoned recommendations
• Strong interpersonal and verbal/written communication skills
• Strong documentation skills to clearly articulate
• Alert disposition
• Adherence to controls and standards
• Dealing with external parties like Auditors, brokers, etc.
• Able to use Word, Excel and PowerPoint proficiently

The successful candidate will understand the need to adapt their influencing style to different stakeholders. Charismatic, intellectually rigorous, possessing a good sense of humour and ability to build relationships with empathy are important attributes.

Applications Closed