Compliance Manager - Monitoring

Chubb; London; On-site; GBP 100,000 - 125,000; Full time

Job description

Role Purpose :

The Compliance Manager (Monitoring) works with Local Compliance Officers, Compliance Managers, business units and functions to analyse compliance risk and control performance, detect control weaknesses and issues, and provide written reports to management and relevant governing bodies on the overall status of the control environment.

Key deliverables will include:

• Perform detailed analyses and assessment of compliance risk control data, including cross referencing of data with all other relevant source data to ensure accuracy.
• Detect compliance risk control weaknesses and issues, and work closely with control owners to address concerns.
• Provide/contribute to the reporting of status and matters of concern to relevant governing bodies.
• Perform other compliance monitoring activities, in accordance with the Compliance Plan.

The role holder will be working alongside other members of the UK Compliance team who provide day to day advisory support to the business.

Key responsibilities :

• Analysis of Control Data: To analyse and assess control data across the compliance risk universe.
• Reporting: To draft detailed reports, based on the analysis and assessment of control data, regarding the effectiveness of the control environment, including any issues and concerns and agreed steps to mitigate risks outside the company’s risk appetite.
• Strengthening Controls: Assist the business to develop and implement robust controls that meet legal, regulatory and Chubb policy requirements.
• Engagement: To actively engage with the risk and control owners and establish collaborative working relationships to ensure the maintenance of an effective control environment.
• Teamwork: Work collaboratively and develop strong relationships with other areas of the Legal and Compliance Team, the business and external third parties to provide support and guidance in delivering specific compliance monitoring reviews and analysis of management information.
• Additional Support: Provide support to and carry out work as directed by the Senior Compliance Manager (Monitoring).

Qualifications

Experience required :

• The candidate should have a strong knowledge of the insurance industry.
• The candidate should have the ability to work alone and within a team. They should be adept at managing competing priorities with excellent time management and organisation skills. The candidate should also have strong interpersonal skills and be skilled at communicating with the business.
• The candidate should ideally be able to demonstrate an ability to identify issues, suggest solutions and recognise alternatives to problems as they arise to ensure Chubb manages the compliance risks to which it may be exposed.

Languages :

English – fluent (written and spoken)