We are recruiting for a Senior Compliance Officer on a 15-month FTC, to assist the Group Head of Compliance in supporting their associated business line in ensuring that both internal and external business-as-usual compliance requirements are fulfilled. The role is an integral part of the compliance function, working collectively to ensure that NFP operates effectively in accordance with relevant rules and regulations.
Overview of duties
Regulatory Compliance:
* Assist in developing and maintaining the company’s compliance framework, policies, and procedures.
* Ensure day-to-day operations align with CBI and other relevant regulatory requirements.
* Monitor regulatory changes and advise the business on required adjustments.
Compliance Monitoring and Reporting:
* Conduct regular compliance monitoring reviews and report findings.
* Support the Head of Compliance in preparing reports for senior management and regulatory bodies.
* Track and follow up on compliance-related action plans and corrective measures.
Advisory and Support:
* Provide compliance advice to business teams on operational issues and regulatory obligations.
* Assist in interpreting regulations and communicating them in a clear, practical manner.
* Identify potential compliance risks and escalate significant issues to senior management.
* Assist in developing and updating the firm’s risk register.
Training and Awareness:
* Deliver compliance training sessions for staff, ensuring understanding of policies and regulatory expectations.
* Promote a culture of compliance through ongoing communication and awareness programs.
Governance and Oversight:
* Support the Head of Compliance in managing relationships with regulatory bodies.
* Assist with regulatory audits and inspections, ensuring readiness and smooth execution.
Policy and Procedure Management:
* Draft and maintain compliance-related policies and procedures.
* Ensure staff are aware of and understand compliance policies relevant to their roles.
Record Keeping and Documentation:
* Maintain accurate compliance records, including monitoring logs, breaches, and policy updates.
* Ensure appropriate filing and documentation for regulatory audits and reviews.
Incident and Breach Management:
* Investigate compliance breaches and incidents.
* Support the Head of Compliance in recommending corrective actions.
* Work collaboratively with other business units to address compliance issues.
* Act as a liaison between the compliance team and operational departments.
Leadership and Management:
* Build strong working relationships with other departments, fostering collaboration on compliance issues.
Person specification
Knowledge, skills and abilities:
* Strong organisational skills with the ability to multitask and prioritise effectively.
* Excellent written and verbal communication skills.
Education / and or Experience:
* Experience in a senior compliance level role or similar.
* CBI and regulatory framework experience.
* Commercial insurance exposure.
Key information:
Hours: 35 hours
Location: Blackrock, Hybrid
If this sounds like something you are interested in please apply, or contact Lucy Reed for further information.
Seniority level
* Mid-Senior level
Employment type
* Contract
Job function
* Legal
* Industries: Insurance
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