Michelle Denny Recruitment is excited to be looking for a Compliance Officer to join an expanding Diss financial organisation. With a salary banding of £37,000-£40,000pa with working hours of 8.30am – 5pm, Monday to Friday, which can be on a hybrid basis.
So, are you a skilled Compliance Officer with experience in either financial services or insurance? Do you possess a deep understanding of regulatory frameworks and a passion for ensuring ethical and compliant practices within the financial industry? If so, we have an opportunity for you to join a small but dynamic compliance team.
Reporting to the Compliance Manager, you will play a critical role in maintaining and enhancing the organisation's compliance program, particularly concerning Data Protection. You will work collaboratively with all departments to identify, assess, and mitigate risks while ensuring adherence to industry standards and regulations.
We have a detailed job description available but, in the meantime, here are the key responsibilities:
- Regulatory Compliance: Stay up to date with relevant financial services and insurance regulations, particularly in regarding to DP and assist implementations necessary to maintain compliance.
- Data Protection: providing advice on privacy, data-sharing and data transfer issues; managing Access Requests; documents reviews, DP Impact Assessment management
- Policy Development: Assistance with maintenance of compliance policies and procedures tailored to the unique requirements of both financial services and insurance operations.
- Audit & Risk Assessment: Conduct comprehensive risk assessments to identify potential compliance vulnerabilities and recommend ways to mitigate them.
- Training and Education: Train, coach and support employees on data protection compliance requirements.
- Reporting: Prepare MI compliance reports, highlighting areas of concern and proposed solutions, providing real-time compliance advice.
- Monitoring and Testing: Maintain robust monitoring and testing program to ensure ongoing compliance with regulations.
- Audit Preparation: Assist with external and internal audits, ensuring a seamless process and positive outcomes.
What you'll need:
- Experience of working in a compliance role
- Solid understanding of relevant financial regulations including UK GDPR
- Comprehensive communication skills with the ability to simplify and effectively convey applicable legislation, regulations and policies
- Experience in report writing, policy production and trend analysis, with highly analytical and problem-solving abilities
- Readiness to travel to other group offices on an occasional and adhoc basis
Why this job?
- £37,000 – £40,000 salary and benefits package
- Hybrid working available
- Excellent transport links on the Norwich/London Liverpool Street line
- Opportunity for professional growth and development
- Collaborative and inclusive work environment
- A supportive team of experienced professionals
Join the team and help maintain the business' ethos that integrity and compliance are at the heart of everything they do. Please call Dan Curtis to discuss or simply apply online.