Our client is a rapidly expanding Insurance business who are going through a period of growth and are making a significant impact across the market. An exciting opportunity has arisen to join the firm in the role of Compliance Controller.
The Compliance team plays a critical role in protecting the assets, reputation, and sustainability of the Group. As the Compliance Controller you will have the opportunity to develop and manage a risk-based compliance programme across all group companies, ensuring the group have an efficient and operational governance, risk and compliance framework.
Main Responsibilities:
- Lead on operational implementation of legislation and regulation, subsequently monitoring adherence.
- Operate the Compliance Monitoring Programme, ensuring all activities are fulfilled correctly and on time.
- Provide operational compliance advice/approval to business functions in efficient and effective manner, ensuring the operational activity in question is understood fully before providing advice. Keeping detailed records of all compliance approvals provided.
- Support an environment that balances innovation and compliance to result in a can-do culture.
- Identify compliance and risk issues and provide solutions in a timely manner.
- Be a key contact for staff who act as the first line of defence engagement to guide on conduct risk and compliance issues.
- Regularly review existing products, services and related materials.
- Ensuring that all staff are aware of, and comply with, the firm's own procedures and all relevant FCA requirements in relation to selling practices.
- Ensure appropriate operational controls are in place to manage conduct risk.
- Maintain compliance &/or regulatory policies, procedures and processes to ensure they support the business in satisfying compliance requirements and reflects operations.
- Provide operational updates and MI on compliance matters to senior management regularly.
- Provide high-level compliance operational updates and MI quarterly to the Audit, Risk and Compliance Committee.
- Ensure compliance information is cascaded to all staff and ensure compliance is covered appropriately in the training programme.
- Carry out periodic compliance and thematic reviews of operational activities, included outsourced activities and suppliers.
Key Skills & Experience:
- Compliance experience within the insurance industry.
- Detailed knowledge of FCA regulations.
- The ability to support and influence colleagues in relation to their compliance and risk responsibilities.
- Experience of performing in and / or leading highly effective teams; identifying / implementing improvements to operating methodologies and inspiring excellent performance.
- Tenacity to investigate areas of concern across all business functions.
- An ability to interpret, understand, maintain and advise the business on a broad range or legal and regulatory issues.
Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.
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