Group Compliance Manager - Lloyds of London Broker

Michael Page (UK); City Of London; On-site; GBP 65,000 - 85,000; Full time

Job summary

A leading recruitment agency is seeking a Group Compliance Manager to oversee compliance responsibilities in the financial services sector. The role involves advising on regulatory changes, managing compliance activities, and liaising with regulatory bodies. Ideal candidates will have significant experience in the insurance industry and expertise in FCA regulations. This position offers competitive salary and professional growth within a supportive environment.

Benefits

Competitive salary

Pension scheme

Health benefits

Long-term career growth potential

Qualifications

• Financial services compliance experience in the insurance industry is essential.
• Proven experience in managing compliance activity and reporting processes.
• Demonstrated ability to develop and implement compliance policies.

Responsibilities

• Advise on Compliance matters including changes to regulations.
• Administer the Annual Compliance Plan and SMCR declarations.
• Manage Insurer and MGA TOBAs and oversee the new Insurer/MGA process.

Skills

Financial services compliance experience

Strong knowledge of FCA regulations

Experience managing compliance activities

Strong analytical skills

Experience liaising with regulatory bodies

Job description

• Opportunity to lead on Compliance responsibilities across the Group
• Helping senior management foster the Compliance culture

About Our Client

Our client are a Lloyds of London broker with offices in the city of London and Surrey.

Job Description

The Group Compliance Manager - Lloyds of London Broker will be responsible for:

• Advising on Compliance matters including changes to regulations
• First line Compliance support
• Support the external Compliance consultancy where required
• Development of Annual Compliance Plan
• Annual SMCR declarations
• Notification to regulators such as FCA and ICO as required
• Management of Insurer and MGA TOBAs
• Overseeing new Insurer/MGA process

The Successful Applicant

The Group Compliance Manager - Lloyds of London Broker should have:

• Financial services compliance experience in the insurance industry
• Strong working knowledge of FCA regulations, including SYSC, ICO guidelines SMCR and Treating Customers Fairly (TCF) principles
• Proven experience in managing compliance activity, including monitoring and reporting processes
• Experienced in SMCR, complaints handling, and liaising with regulatory bodies e.g. FCA, ICO
• Demonstrated ability to develop, implement and monitor compliance policies, procedures, and controls
• Experience in leading on compliance activity and providing guidance to business teams
• Demonstrable experience of strong analytical and problem-solving skills

What's on Offer

• Competitive salary depending on experience.
• Pension scheme and health benefits.
• Permanent role with long-term career growth potential.
• Supportive and professional working environment.