Compliance Manager – 28321

Providing specialist knowledge, practical solutions and monitoring of compliance topics, as well as contributing to an overall compliance culture.

• Location: London
• Category: Compliance
• Type: Permanent

Key Duties (Including but not limited to):

• Provide support to the Head of Legal & Compliance to develop, implement and maintain a compliant CMS, ensuring appropriate compliance with all relevant laws and regulations and Group standards.
• Provide support on delivery of the Compliance Plan as approved by the Company Board.
• Assume ownership and take responsibility for specific Compliance topics mentioned in the GLLB and GLLS’ compliance policy and provide advice on these to the business.
• Contribute to the further development of the Compliance Management System (CMS) framework, including the development of new controls, enhancement of existing ones, and identify efficiencies and automation opportunities.
• Educated to degree level or qualified by experience.
• Professionally qualified as a Chartered Insurer or equivalent qualifications (or making significant progress towards this).
• Professional experience in a compliance role within financial services.
• Working knowledge of the practices and expectations of the PRA and FCA; European and local legislation & directives, including Solvency II.
• Experience with maintaining an effective Outsourcing framework, preferably around delegated underwriting authorities (MGAs) and multi-layered distribution channels.
• Excellent understanding of the FCA’s business standards PRIN, SYSC, SUP, COBS, ICOBS, RPPD, PROD, COCON.
• Experience in assessing financial sanctions queries relating to complex (re)insurance coverages and via delegated outsourcing arrangements.