Do you have a passion for compliance, regulation and risk management? Do you have a strong track record of setting up compliance policies and frameworks in the financial services sector? Are you an inspired individual who is looking for growth and would like to make an impact in a young and dynamic company? If, so, then we want to hear from you!
Why Work with Us?
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Location: Birmingham
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Job Type: Permanent
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Working Model: Hybrid (flexible working options)
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Salary: £30,000 - £35,000
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Benefits:
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Paid annual leave
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Pension scheme
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Company wellness program
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Funeral insurance
We are looking for a candidate who has extensive experience in compliance within the financial services sector, particularly in insurance. Your deep understanding of the UK financial sector regulation framework and compliance will help the organization manage risk and remain compliant with the FCA and other relevant regulators.
We offer a friendly and rewarding environment, where development opportunities are limitless.
Key Responsibilities as a Compliance Officer:
The key responsibilities of a Compliance Officer include, but are not limited to:
- Development, implementation and maintenance of compliance policies, procedures and frameworks for the entire business
- Leading regular audits and reviews of our business processes and policies to ensure compliance with applicable rules and regulations
- Dealing directly with regulatory bodies like the Financial Conduct Authority
- Monitor any changes to the rules and regulations and update our policies to ensure compliance
- Working across all departments to ensure that they are compliant
- Training all departments and providing support on all issues to do with regulation and compliance
- Leading and managing a KYC and sanctions screening officer
- Overseeing the client onboarding process, including KYC, anti-money laundering and sanctions screening, ensuring that all flagged cases are scrutinised further
- Reporting directly to senior management
- Report writing and dealing with relevant third parties like reinsurers
- Ensure company standards and values are implemented at all times
About Us
Destiny Finance Ltd t/a Diaspora Insurance is a UK-based insurance company that specializes in the design, marketing, and distribution of insurance products and risk management solutions to African nationals living and working in developed markets such as the UK, EU, North America, and Canada. You will be joining a dynamic and ambitious firm dedicated to making a significant impact on the African diasporas in terms of insurance.
About You:
The key skills and qualities of a Compliance Officer are:
- Minimum of 3 years' experience in compliance within the financial services sector or insurance sector
- Deep knowledge and understanding of the UK financial regulatory framework including the FCA is essential
- Experience in anti-money laundering, KYC, sanctions and PEP screening is essential
- Leadership skills and ability to work with all departments
- Excellent report-writing skills
- Innovative thinker, drive, determination and focus on success
- An exceptional team player.
- Energetic, enthusiastic and ambitious with exceptional levels of work ethic and drive.
- Exceptional communication and relationship-building skills
How to Apply
If you are keen on joining this exciting, forward-thinking company and taking the next step in your career, then please email us your CV.
Required: UK driver's licence and right to work in the UK.