We are pleased to be working with a Dorset based insurance firm who are looking to appoint a Compliance Officer as a key member of their team.
About the role:
As the Compliance Officer you will provide technical support to the Directors by continuously reviewing the quality of firms and its business partners' activities through audits, paying particular attention to compliance, documentation, accounting and procedures.
You will be responsible for ensuring the group complies with FCA regulatory requirements, and the implementation of their FCA compliance and risk management framework. You will be involved in the identification, analysis and explanation of regulatory topics and themes, and will be required to advise the business on key developments and how they will impact the group. This role also acts as the final escalation point for customers' complaints, liaising with the Financial Ombudsman Service (FOS) where required.
As the Compliance Officer its imperative that you have a good understanding of the FCA's approach to regulation, and its expectations.
About you:
You are likely to have several years' experience in an FCA regulated insurance/financial services environment or an audit-type role where a full appreciation of compliance has been acquired. With a good understanding of FCA requirements and the Regulatory Compliance regime as it applies.
Required:
- A minimum of 4 years' experience working within an FCA Compliance role.
- In-depth knowledge of the UK regulatory framework within the financial services
- Knowledge of the FCA Handbook, specifically CASS, DISP, and SYSC.
- Commercial awareness and the ability to balance business needs with regulatory requirements.
- Relatable and positive experience of working in a fast-paced transforming organisation.
- Experience in designing and delivering FCA Compliance and risk management frameworks.
- Experience in conducting compliance and risk gap analysis, and successfully addressing any identified issues.
- Some project management experience will also be beneficial.
- Experience of managing and negotiating with external clients at senior level
- Insurance experience will be beneficial but is not essential (full training will be given) provided the job holder has the necessary base skills to do the job effectively.
- A relevant professional qualification is preferable (if not, the jobholder will be expected to study for an insurance qualification)