1st Line Quality & Compliance Officer

897 Brown & Brown (Europe) Limited; Chesterfield; On-site; GBP 35,000 - 55,000; Full time

Benefits offered by this job

Benefits

Job summary

Brown & Brown (Europe) Limited is recruiting a 1st Line Quality & Compliance Officer based in Chesterfield with travel to other sites. You will drive the development and continuous improvement of internal controls for regulatory and conduct risk, acting as part of the first line of defence reporting to the Regional Operations & Compliance Manager.

You will conduct audits, identify and address risk areas, support training, and ensure fair outcomes for customers within regulatory and business

Qualifications

• Experience in FCA-regulated financial services.
• Strong interpersonal and communication skills.
• Self-starter with initiative and independence.
• Attention to detail and analytical abilities.
• Proficient with Microsoft applications.

Responsibilities

• Carry out file audits using the File Checker System to demonstrate regulatory compliance.
• Identify areas of concern from audits and communicate actions and training needs.
• Assist in delivering training as needed.
• Implement risk and compliance processes to ensure good customer outcomes.
• Investigate customer complaints and respond with fair resolution within regulatory requirements.
• Maintain the complaints register.
• Analyse trends and review training needs; escalate breaches and systemic issues.
• Process DSARs within required timescales and maintain a DSAR log.
• Initial investigation of sanctions matches and eliminate non-matches.
• Undertake projects and provide specialist input into wider initiatives.

Skills

Attention to detail

Investigation

Analytical skills

Interpersonal skills

Communication skills

MS Office

Tools

Microsoft Office Suite

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

1st Line Quality & Compliance Officer Location: Chesterfield (With Travel to other sites) Package: £Negotiable + Benefits.

As part of our ongoing journey of growth and building on our approach as A Forever Company™ we’re supporting the team in the East Midlands with the appointment of a 1st Line Quality & Compliance Officer to the team Reporting to the Regional Operations & Compliance Manager your focus will be on driving the development and continuous improvement of our approach to the internal control of regulatory and conduct risk, ensuring good customer outcomes. This is a first line of defence role, reporting directly to senior management of the business. We are committed to conducting our business in a fair, honest, and open manner. We seek to promote appropriate behavior across all aspects of our business operations whilst ensuring fair and consistent outcomes for our customers. Our policies and procedures are designed to avoid engaging in any behavior that could cause problems to consumers, market integrity or be anti-competitive.

Day to Day

• Carry out an allocated number of file audits per month for all offices within the Hub, using the File Checker System, to demonstrate compliance with key regulatory standards.
• Identify key areas of concern highlighted by the file audits and ensure appropriate action and training needs are communicated to individuals and Management.
• Assist in delivering training as needed.
• Day to day operational implementation of risk and compliance processes to ensure good customer outcomes and regulatory compliance.
• Assist in investigating customer complaints and respond with a fair outcome-based resolution within regulatory and business requirements.
• Maintaining the complaints register.
• Analyse trends and review training needs and areas for improvement.
• Identifying, reporting and escalation of regulatory breaches, loss events and systemic issues ensuring suitable remedial and preventive actions are implemented.
• Analyse trends and review training needs and areas for improvement.
• Process Data Subject Access Requests (DSAR) with required timescales.
• Maintain a DSAR log.
• Initial investigation of sanctions matches.
• Eliminate non-matches.
• As and when required undertake projects and/or provide specialist input into wider business initiatives.
• Undergo ongoing mandatory training as needed.

Person Specification

• Relevant previous work experience within a Financial Services FCA regulated business providing or distributing products to commercial customers or retail consumers. Ideally general insurance.
• Strong inter-personal skills
• Effective communicator - written and verbal to a range of audiences e.g. customers, operational staff and senior management.
• Self starter, uses initiative, able to operate independently
• Attention to detail, excellent investigation and analytical skills
• Customer focused individual
• Competent user of Microsoft Applications

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.

About us

Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates - not employees, and leaders - not managers. Everything we do is about the greater "WE" - never "me". While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission - always doing what is best for our customers.