I'm hiring for this newly created Compliance Manager role with a growing specialist insurer, offering development and career growth.
Working with the Head of Compliance and the firm's management team the key responsibilities will include:
To be aware of current compliance requirements and to be up to date with compliance regulation changes as they occur, so that a measured and effective compliance strategy may be planned and implemented.
To work with the Head of Compliance and Senior Management in setting up appropriate systems and controls to ensure that the firm meets its regulatory obligations, these will include:
- Organisation charts and job roles
- Business strategy
- Risk assessment and strategy processes
- Business Continuity Plan
- Audit and monitoring functions to ensure that staff are competent to perform their roles and that they are following the procedures and processes correctly.
To regularly monitor and update the compliance systems and controls to ensure that they are performing the function that they should.
To maintain such ad hoc records as thought may be appropriate to satisfy evidential requirements of compliance, which may be requested by Regulatory requirements.
To undertake such action as is necessary to ensure compliance with any further direction issued by the Financial Conduct Authority and the Office of the Information Commissioner.
Support the Head of Compliance in the delivery of the company Compliance Plan and other additional Project Management and supplier support to deliver compliance to FCA regulations
To work in conjunction with others to monitor and record compliance of the Company's activities, including overseeing of required reporting to the FCA and other regulators
To network with other professional bodies, stakeholders and Regulatory Authorities to ensure that we are aware of ongoing developments.
To provide support and input to the training of staff, preparing for professional qualification and the monitoring of staff as they adhere to a policy of Continuous Professional Development as required by Regulation.
Experience and knowledge required -
3 Years in general Insurance (personal or commercial lines)
Experience of financial services regulation and data protection requirements an advantage
Good understanding of general insurance products.
Ability to understand impact on the business of any FCA changes.
Good working knowledge of data protection and financial promotions
Current working knowledge of statutory and legislative requirements and their effects.
Understanding of project management methodology.
Awareness of technology in general and its possibilities
Word and excel skills
*This role is offering hybrid working*
Eames Consulting is acting as an Employment Agency in relation to this vacancy.