Compliance Manager/ Senior Complince Analyst

Location London
Discipline: Audit, Risk & Compliance
Job type: Permanent
Contact email:
Job ref: J4677
Published: about 2 months ago
New Compliance Manager/ Senior Compliance Analyst opportunity working with a top performing Lloyd’s MGA. Reporting into the Head of Compliance, you will ensure that suitable compliance controls are designed and maintained across the regulated entities. Key Responsibilities: • Responsibility for producing monthly compliance and conduct risk MI pack for the Run Off Committee including quarterly more detailed conduct risk Mi pack • Responsibility for reviewing and updating Compliance Policies, Procedures, Financial Crime Risk Assessments and the Modern Slavery Risk Assessment as necessary • Responsibility for Business Timetables, supported by the Compliance Assistant, to make sure that regulatory reporting deadlines are met in accordance with regulatory timescales. • Responsibility for preparing PMAL/s1884 compliance owned returns for Head of Compliance to review and sign off • Delivery of compliance testing and/or monitoring reviews contributing to the delivery of the compliance monitoring plan as required • Assisting in the co-ordination of Lloyd's and PRA/FCA visits and responses to Lloyd's, the PRA/FCA and other regulators • Contributing to the design and implementation of compliance training and educational programs • Assisting in monitoring new regulatory mandates, rules and requirements and ensuring that compliance policies are kept up to date and that revisions are disseminated in a timely fashion • Manages the Compliance Assistant in respect to interface with Lloyd’s and the third party service provider on complaints handling • Manages the relationships with service providers to the compliance team • Manages Compliance specific IT implementation projects (e.g. sanctions screenings system, complaints system) and provide compliance workstream support on business-led projects Skills & Experience: • Experience in a Lloyd’s managing agency compliance team at analyst level is essential • Knowledge and experience of working with the Lloyd’s Oversight Principles and the PRA and FCA rulebooks • Experience and knowledge of the legacy insurance sector desirable