Compliance Officer

Davies; Bolton; On-site; GBP 35,000 - 50,000; Full time

Job summary

A leading compliance firm is seeking a Compliance Officer to provide expert support in regulatory matters. The role involves advising on risk management and ensuring compliance across the organization. Ideal candidates will have experience in financial services and solid understanding of regulatory requirements. The firm promotes a diverse and inclusive work environment and offers a range of benefits.

Benefits

25 days holiday

Well-being centre

Pension - matched contribution at 5%

Life Assurance (4 x basic salary)

Qualifications

• Experience in risk management and regulatory roles in legal or financial services.
• Knowledge of AML, Bribery & Corruption, Financial Crime legislation.

Responsibilities

• Provide effective risk and regulatory support.
• Advise on improvements in risk and compliance processes.
• Act as a 'critical friend’ to the business units.

Skills

Knowledge of FCA or SRA Regulatory regime

Understanding of Risk & Compliance policies

Communication skills

Planning and organization skills

Teamwork skills

Tools

Word

Excel

PowerPoint

Job description

Overview

Compliance Officer

Department: Risk and Compliance

Employment Type: Permanent - Full Time

Location: Bolton

Reporting To: Jonathan Rew Dixon

Description

The role sits within the UK&I risk and compliance team. This divisional team supports the UK&I division of Davies Group and forms part of the wider Group Governance, Risk & Compliance function. The team focus is to enable robust risk management and regulatory compliance — providing expert advice, guidance and oversight to support the business to ensure all legislative, regulatory and risk management policy requirements are met. Specifically this role supports the Claims Solutions business sunits of Davies UK&I, reporting to the Head of Risk and Compliance (Claims Solutions) who is the primary risk and regulatory lead for Claims Solutions.

Your New Role

The Compliance Officer will be responsible for providing effective risk and regulatory support to the Davies UK & Ireland business, providing risk and regulatory advice, analysis and monitoring of the Claims business units.

Reporting directly to the Head of Risk and Compliance (Claims Solutions) - Davies UK & Ireland, the Compliance Officer will be a proactive and engaging subject matter expert, playing their part in the risk and compliance team to ensure all legislative, regulatory and best practice requirements are met and ensure the Risk & Compliance Team work effectively to achieve the team objectives in support of the wider divisional and Group objectives.

The role will support the leadership team on FCA and SRA regulatory liaison, will partner with the business to ensure risk and regulatory requirements are understood and effectively mitigated.

The role will drive continuous improvement across the Davies UK&I risk and regulatory landscape, advising on opportunities for improvement and designing robust and proportionate controls.

The role will be a visible and approachable 'critical friend' to the Davies UK&I Claims Solutions business units, challenging decisions and providing insight to ensure sustainable and positive business, customer and client outcomes.

#INDUKI

What You'll Bring to the Role

The Compliance Officer will have experience of working in risk management, regulatory roles in a legal services firm, insurance firm (or Third Party Administrator), or other financial services firm and shall have the following experience & competencies:

• Knowledge and understanding of either the FCA or SRA Regulatory regime together with associated regulatory / legislative requirements in relation to AML, Bribery & Corruption, Financial Crime, Modern Slavery, Tax Avoidance and other related legislation
• Knowledge & understanding of Risk & Compliance policies & procedures
• Knowledge & understanding of Lexcel & ISO 9001
• Knowledge & understanding of managing commercial insurances, engagement with insurance brokers and the administration of insurance claims
• Communication skills (verbal and written) with a proven ability to communicate in clear & concise terms
• Strong planning and organisation skills, with the ability to react to business needs and risks
• Keyboard skills & use of appropriate IT packages-Word / Excel / PowerPoint to present risk and regulatory matters, numerical data and qualitative assessments
• Teamwork - the ability to engage with the Operational Leads and to work together effectively in order to produce the necessary technical outputs
• The ability to work in a secure, sensitive & confidential environment.

Not sure you meet all qualifications? Let us decide! Research shows that women and members of other under-represented groups tend to not apply to jobs when they think they may not meet every qualification, when in fact, they often do! We are committed to creating a diverse and inclusive environment and strongly encourage you to apply.

Benefits

Davies are committed to being a diverse and inclusive workplace. We welcome candidates of all genders, gender identity and expression, neurodiversity, sexual orientation, disability, physical appearance, body size, race, age, nationality, and belief (or lack thereof).

• Join us and enjoy our ever-evolving benefits, including but not limited to:
• Reward platform - discounts for over 800 retailers
• 25 days holiday (rising with service)
• Well-being centre
• Recognition programme
• Paid fertility appointments
• Fostering friendly employer
• Pension - matched contribution at 5%
• Life Assurance (4 x basic salary)
• Development, training, and professional qualification