Financial Controls & Compliance Analyst, IBA

Arthur J. Gallagher & Co.; Glasgow; On-site; GBP 35,000 - 55,000; Full time

Job summary

An established industry player is seeking a detail-oriented individual to join their Finance Controls and Compliance team. This role involves supporting the development and execution of Quality Assurance reviews, ensuring adherence to governance and regulatory compliance. You will work collaboratively across various trading divisions, contributing to the organization's legacy of trust and excellence in risk management. If you are passionate about problem-solving and thrive in a dynamic environment, this opportunity is perfect for you. Join a diverse team committed to making a positive impact in the financial services sector.

Benefits

25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance up to 10x salary

Income protection

Health cash plan or Private medical insurance

Paid volunteering days

Employee Stock Purchase plan

Discounted gym membership

Season ticket loan

Emergency back-up family care

Qualifications

• Part qualified accountant with business knowledge and professional qualifications.
• Experience in financial services management or insurance preferred.

Responsibilities

• Support development and implementation of Quality Assurance framework.
• Conduct reviews to ensure compliance with regulatory requirements.
• Collaborate with compliance departments to align processes.

Skills

Microsoft Excel

Communication Skills

Attention to Detail

Time Management

Adaptability

Education

Part Qualified Accountant

Professional Qualifications in Finance

Job description

Introduction

Indulge your passion for problem-solving and embrace the thrill of addressing risk head-on at Gallagher's global brokerage team. Join a family of diverse minds, united by a relentless pursuit of excellence. As part of our team, you'll be the architect of protection, safeguarding businesses and empowering their ambitions. Together, we'll build a legacy of trust and triumph in the dynamic world of risk management.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Overview

This newly established position within the Finance Controls and Compliance team offers an exciting internal opportunity. In this role, you will be instrumental in supporting the development, implementation, and execution of Quality Assurance reviews and control testing across Gallagher's Insurer Broker function at the Glasgow Accounting Centre. You will collaborate with all trading divisions within Gallagher Global Brokerage UK GGB UK.

Reporting directly to the Finance Controls and Compliance Manager, you will play a key role in monitoring and ensuring adherence to governance and regulatory compliance within the Insurer Broker Accounts IBA Department.

How you'll make an impact

• Contribute to the development and implementation of comprehensive Quality Assurance framework and methodologies across an operational finance department.
• Conduct through reviews and assessment of key departmental processes to ensure compliance with regulatory requirements, internal procedure and policies.
• Complete control testing to assess design and operational effectiveness. Identifying any control deficiencies, documenting findings and support remediation efforts.
• Develop a comprehensive understanding of the all-financial policies with a view to focus on the implications and adherence of the department.
• Collaborate with a diverse range of compliance departments across the business to align IBA process and procedures with relevant sanctions, financial risk and regulatory compliance matters.
• Support with the collation and reporting of relevant compliance and controls information for presentation within Finance dashboards for a variety of stakeholders including COO, CFO and Senior Management.
• Build strong relationships within IBA, wider Finance and other key stakeholders both internal and external, building a reputation as fundamental point of contact for governance and compliance matters.
• Align with AJG Professional Standards Manual in accordance with statutory requirements for role with specific attention, but not limited to Whistle Blowing, Treating Customers Fairly and Ethics.
• Liaise with internal staff to ensure we are operating within AJG policies & procedures, and any external regulations on all items;
• Carry out duties following internal policies and procedures in accordance with applicable laws, rules, regulation, good governance and Gallagher’s shared values, in particular, putting clients at the heart of our business.
• Take all reasonable steps to ensure the part of the business for which you are accountable for demonstrably complies with applicable laws, rules, regulation, good governance and Gallagher’s shared values, in particular, putting clients at the heart of our business. If shortcomings are identified take responsibility for remedial action planning, and action in conjunction with the relevant experts within the firm.
• Collaborating closely and assisting with Internal and external audit requests
• Ad hoc duties

About you

• Part qualified accountant (exams or experience)
• Experienced candidate with good business knowledge, currently undertaking professional qualifications.
• Good understanding and working knowledge of Microsoft Excel.
• Previous experience working in Financial Services management and/or insurance preferable.
• SOX and regulatory/control based environment understanding desirable.
• Ability to priority manage and adhere to challenging deadlines
• Excellent communication and interpersonal skills
• Ability to adapt to change.
• Attention to detail.
• Flexible attitude to dealing with multiple tasks and environments.
• Eligibility to work in the UK

Compensation and benefits

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance

Other benefits include:

• Three fully paid volunteering days per year
• Employee Stock Purchase plan, offering company shares at a discount
• Share incentive plan, HMRC approved, tax effective, stock purchase plan
• Critical illness cover
• Discounted gym membership, with over 3,000 gyms nationally
• Season ticket loan
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase
• Emergency back-up family care
• And many more…

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with [e-mail] . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.