Compliance Officer working with Insurance Company for an initial 6-month contract, this will be paying between £425 - £475 per day (inside IR35). This is a Hybrid contract, 3 days per week in the office.
Job Summary
The role will support the CorSo and UK business meet its Compliance requirements, and provide advisory support as required, as well as perform key regulatory tasks including but not limited to Regulatory monitoring and Regulatory reporting.
The successful candidate will be working closely with the CorSo business team and the CorSo Compliance team as well as the wider Compliance department.
Main Responsibilities
- Monitor, assess and support implementation of regulatory developments relating to Compliance Risks.
- Support development of local Compliance Risk Frameworks, in coordination with Global Compliance as necessary, including drafting local standards and processes, training and communication for new and changes to regulations.
- Provide enabling guidance and communication to the business with respect to Compliance requirements and implementation of the Compliance Programme, including Global Compliance topics, with a particular focus on FCA/PRA requirements
- Perform Compliance Risk Assessments on the legal entity and business specific topics.
- Deliver regular training and communications on relevant Compliance Risks to employees, and management.
- Provide assurance to management regarding the business' implementation of Compliance Risk Frameworks through oversight of business activities and support of assurance activities.
- Deliver regular and relevant reporting to management
- Support Global Compliance initiatives by providing input and coordinate with the global team
- Build and manage critical stakeholder relationships with the business and understand the short-term insurance regulator/s needs as the local businesses primary point of contact.
Required Experience
- Compliance knowledge specifically around FCA/PRA requirements
- Experience and knowledge of working for a Corporate Insurer
Please apply should you meet the requirements.