Compliance Manager

Location London
Discipline: Audit, Risk & Compliance
Job type: Permanent
Contact email:
Job ref: J4675
Published: about 2 months ago
New all-encompassing Compliance Manager opportunity working with a rapidly growing Lloyd’s MGA. Reporting into the Group Head of Compliance/ Director, you support in ensuring the company's policies and procedures are operating in line with regulatory requirements. In addition, you will Contribute to the growth and development of the business at a senior organisational level and work with the business to define requirements. Finally, you will Conduct compliance monitoring and make recommendations that will keep the company from undergoing legal struggles or facing other difficulties due to non-compliance issues. Key Responsibilities: • To provide full Compliance and Regulatory advice and function to the Managing Agency and the Syndicate. • Ensure Submissions to Lloyd’s and other regulators are made in a timely manner. • Oversee the preparation of Compliance owned regulatory returns. • Set up and implement appropriate Compliance Monitoring Programs and develop effective compliance reporting systems. • Complaints management including liaising with the claim’s teams, coverholders/ TPAs, Lloyd’s and the Financial Ombudsman Service as appropriate. • Together with the HR Manager ensure correct checks carried out on approved persons in line with FCA and PRA requirements. • Set up systems and maintain regulatory correspondence and data. • Managing and overseeing the development of systems and controls such as sanctions monitoring, financial crime checking, and breach reporting. • Support the Group Head of Compliance in the preparation of the annual group Compliance Plan. • Supporting in the preparation of regular Compliance management information and reporting as required. • Provide advice and guidance to the business managers. • Coordinating the annual compliance attestation with Lloyd’s Principles and the ongoing monitoring of performance against the Lloyd’s Principles. • Support in overseeing the company’s data protection strategy and its implementation. • Providing and managing compliance input into the conduct risk requirements and product governance and oversight processes. • Responsibility for overseeing the operation of the Company Library and monitoring the completion of the annual reviews of all core company policies and procedures contained within the Company Library. • Providing direction and oversight of the Compliance Analyst and providing support and guidance to assist them in their role and development. • Maintain the Compliance function’s filing systems in line with regulatory record keeping requirements • Provide administrative support to the Head of Compliance, where necessary. Qualifications and Experience: • Proven insurance experience within the Lloyd’s environment. • Relevant professional qualifications and strong academic record. • Proven experience and track record of delivering Compliance support within the insurance industry, in both the financial crime and conduct areas