Job Overview

Compliance Assurance Manager

Location: Salary: £50,000
Type: Permanent Contact: Tara Robinson
Posted: 30 days ago

Great opportunity to join the compliance assurance function of this global leader in risk consulting. Expanding team with flexibility to work outside London in their regional hubs.

Key responsibilities include:

  • To undertake Compliance Assurance reviews to a high quality across our UK entities and ensure they are completed in accordance with agreed plans and timescales.
  • Ensure that there is conformance with the Compliance Assurance process and assist in its development.
  • Complete all aspects of Compliance Assurance review activity, to include:
  • Pre-review planning and business notification
  • Collation and analysis of business MI and selection of samples
  • Meet with relevant business colleagues and conduct enquiries as appropriate
  • Undertake thorough relevant testing to assess control environments
  • Provision of clear / appropriate feedback to business on conclusion of review
  • Completion of written reports to a high standard with little amendments being required.
  • Working papers to be comprehensive and well-structured with supporting evidence to a standard where the Compliance Assurance function is not open to criticism from regulators and internal / external auditors
  • Tracking of actions with appropriate escalation, including the reporting of breaches
  • Assist with the compilation of the annual Compliance Assurance plan.
  • Build and maintain supportive and professional relationships with senior management and business functions.
  • Raise awareness and provide support and guidance to colleagues on relevant compliance requirements and standards.
  • Work effectively as part of the Compliance Assurance team ensuring active contribution to developing and maintaining supportive relations with the team.
  • Undertake additional project work and targeted reviews
  • Actively contribute to the achievement of team and departmental goals/objectives.

Prior knowledge and expertise:

  • General insurance, life/pensions or investments industry experience
  • Previous experience in a compliance function / audit role within a UK regulated financial services company.
  • Good working knowledge of applicable legislation and regulations e.g. FCA Handbook, Data Protection Act 2018, Money Laundering Regulations 2017 etc
  • Knowledge of regulatory issues facing the general insurance and the life, pensions, health & benefits and investments industries.
  • Knowledge of compliance assurance or audit good practices
  • Ability to analyse FCA rules, guidance and principles and access their application in the business.
  • Ability to analyse and interpret information gathered effectively to draw conclusions and propose well-reasoned solutions
  • Ability to build constructive and supportive relations with the business units
  • Ability to plan and organise own work load / time effectively
  • Being able to work on own initiative as well as part of a team.
  • Strong Microsoft Office skills, particularly Word and Excel.
  • Ability to travel if required      

If you are interested in this role, please apply below or contact me for more information.