Compliance Manager

CFC; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A prominent regulatory compliance firm in London is seeking a Compliance Manager to oversee compliance systems and advise on FCA regulations. The ideal candidate will have strong compliance experience, particularly within the Lloyd's market, and excellent communication skills. This role requires engaging with various stakeholders, including regulatory bodies, and ensuring adherence to compliance standards in a dynamic environment.

Qualifications

• Demonstrable technical compliance experience, ideally within Lloyds or a UK market insurer.
• Extensive knowledge of FCA Handbook and Lloyd’s Principles.
• Ability to communicate with stakeholders up to board level.

Responsibilities

• Manage compliance function for UK operations.
• Advise on FCA and Lloyd's regulatory requirements.
• Implement compliance monitoring programs.

Skills

Excellent communication skills

Technical compliance experience

Knowledge of FCA Handbook

London market insurance experience

Job description

Compliance Manager

Department: Compliance

Employment Type: Permanent - Full Time

Location: London

Reporting To: Simon Jenvey

Description

As UK Compliance Manager you play a key role in delivering the Compliance Plan for our UK regulated entity, and effectively operating our compliance systems and controls. You will be responsible for implementing and monitoring our UK compliance policies and procedures across all areas of the UK business, advising CFC’s internal stakeholders on all aspects of UK compliance and supporting our key external stakeholders, including our domestic regulators (both the FCA and Lloyd’s). You will deliver exceptional service to CFC’s underwriting teams and other business functions, as well as to our carriers and other business partners, including in respect of CFC Syndicate 1988.

About the role

Help manage the Group UK’s compliance function, including the operational management of the UK Compliance team, currently two UK Compliance Managers, Compliance Analyst and Compliance Assistant. Your responsibilities will include but are not limited to:

• Ensure CFC Underwriting complies with all internal policies, all laws and regulations applicable to its activities, including activities authorised and regulated by the FCA.
• Support with the turnkey managing agent of CFC Syndicate 1988 to ensure the Syndicate operates in accordance with FCA requirements and continues to meet at applicable Lloyd’s regulatory and compliance requirements.
• Understand and identify the domestic regulatory requirements applicable to CFC Underwriting, including both the FCA and Lloyd’s, and advise internal stakeholders on the application of these requirements to our business.
• Support the Compliance Monitoring Manager in the planning and roll-out of the Compliance Monitoring Programme.
• Effectively operate our compliance systems and controls, including our financial crime and sanctions controls and conduct risk controls

About you

You are an excellent communicator both written and spoken, who is adept at working professionally with a wider variety of stakeholders, including up to board level.

• You are able to demonstrate technical compliance experience, ideally acquired working at a Lloyds managing agent or UK based company market insurer.
• As well as the above you will have extensive technical knowledge of the FCA Handbook and or Lloyd’s Principles, alongside the application of a principles based regulatory framework highly regarded.
• London market insurance experience essential, either with a managing agent, insurer, broker or MGA

Core Values

N.A