Compliance Analyst

Discipline: Audit, Risk & Compliance
Job type: Permanent
Contact email:
Job ref: J4796
Published: about 1 month ago
Compliance Analyst opportunity working with a rapidly growing Lloyd’s Syndicate. Reporting to the Senior Compliance Analyst and working closely with the Head of Compliance and underwriting teams, you will support the Compliance team on a wide variety of Compliance matters, including supporting on the set up of new overseas companies and Lloyd’s syndicates. Key Responsibilities: • Keeping informed of regulatory developments and communicating key changes out to the business; • Horizon scanning; • Undertaking initial due diligence on pre-bind sanctions referrals; • Support in conducting the annual financial crime risk assessment; • Maintaining compliance training records; • Providing advice and guidance to the business on regulatory matters; • Reviewing and updating compliance policies and procedures • Support in drafting of compliance management information and reporting to Boards, Committees and regulators; • Maintaining the business timetable; • Responsible for conducting monthly monitoring activities, identifying any issues in the compliance controls including sanctions, licensing, TOBAs; • Support the Compliance Assurance Manager in performing thematic reviews on key compliance areas of the business; • Support with complaints handling; • Maintain the Compliance SharePoint page and the monthly Compliance newsletter; • Monitor compliance mailbox and support the compliance team in responding to queries; • Represent compliance at key meetings; • Co-ordinate access to Lloyd’s systems; • Support with regulatory returns and information gathering for regulatory submissions; • Maintain compliance breaches register; • Maintain gifts and hospitality register; • Set new joiners up with compliance e-learning and track progress; • Contributing to business wide projects where required such as opening of new offices overseas and onboarding of new syndicates; • Supporting with the annual fit and proper process for Senior Managers and Certification staff. Key Skills and Experience: • Technical knowledge of PRA/FCA/Lloyd’s regulations • Experience working in a regulatory compliance role within the insurance sector (Lloyd’s Managing Agency experience preferred) • Financial Crime experience, including sanctions