Regulatory Engagement Coordinator

Lloyd's; Greater London; Hybrid; GBP 45,000 - 55,000; Full time

Job summary

A leading insurance marketplace in London is looking for a Regulatory Engagement Coordinator to manage regulatory meetings and correspondence. You’ll lead on tracking actions with the PRA and FCA while ensuring effective communication with stakeholders. The ideal candidate has experience in a fast-paced environment, excellent communication skills, and a desire to enhance regulatory engagement. Flexible working options are available, alongside a range of employee benefits, promoting a diverse and inclusive workplace.

Benefits

Generous pension

Healthcare

Employee recognition scheme

Flexible benefits allowance

Qualifications

• Understanding regulatory interactions with PRA and FCA.
• Ability to manage change constructively.
• Confidence in engaging stakeholders at all levels.

Responsibilities

• Coordinate and schedule regulatory meetings.
• Manage regulatory mailboxes and triage correspondence.
• Monitor and track actions with UK regulators.
• Produce internal reports on regulatory engagement.
• Build relationships with regulatory supervisors.

Skills

Knowledge of the UK regulatory environment

Microsoft Office 365 products

Building relationships with diverse stakeholders

Understanding of Lloyd’s market

Managing a high volume of meetings

Analytical thinking and problem-solving

Written and verbal communication skills

Strategic thinking

Job description

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

Lloyd’s are recruiting for a Regulatory Engagement Coordinator. This role requires a combination of a capability to effectively manage the flow of information to and from the regulators and a demonstratable ability to self-manage and prioritise your workload. This is a rare opportunity to join a high profile and fast paced team managing, facilitating and monitoring Lloyd’s regulatory interactions with the UK regulators.

The Regulatory Engagement team maintains a strategic view of Lloyd’s relationship with two key stakeholders: The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) and the wider Financial Crime & Compliance (FC&C) department provides second line advice and assurance to Lloyd’s in relation to its compliance with regulatory requirements in the UK and strategy with respect to compliance and financial crime globally.

Principal Accountabilities

• Coordinate and schedule regulatory meetings, including diary and people coordination to enable Lloyd’s to have effective meetings with regulators.
• Lead on the management of the regulatory mailboxes by triaging regulatory correspondence received by Lloyd’s.
• Monitor and track agreed actions between Lloyd’s and the UK regulators, ensuring regulatory deliverables, deadlines and activities are met.
• Coordinate business activities for the Regulatory Engagement team and ensure the infrastructure is in place to do this, including supporting the delivery of briefings and taking minutes of regulatory meetings where needed.
• Produce management information and internal reporting of regulatory engagement so that Lloyd's understands and can act on its regulatory exposures including provision to senior leadership and the Council.
• Partnering with allocated business functions to understand and support Lloyd’s strategic priorities that require regulatory interaction with the PRA and FCA.
• Build effective relationships with Lloyd’s regulatory supervisors to understand their challenges and priorities.
• Support the Regulatory Engagement Manager to monitor and interpret regulatory interactions and wider landscape, providing insights and recommendations to inform team priorities and resource allocation.
• Work in collaboration with Regulatory Change colleagues to support regulatory interactions related to regulatory change projects.
• Support the wider work of the Financial Crime and Compliance team, ensuring appropriate escalation of any risks and issues through the appropriate governance process.

Skills Knowledge and Experience

• Knowledge of the UK regulatory environment would be advantageous but not essential.
• Excellent knowledge of Microsoft Office 365 products.
• Experience in building and maintaining effective relationships with diverse stakeholders and teams across different functions or business areas.
• Understanding of the Lloyd’s market or broader financial services regulation would be advantageous but not essential.
• Background in managing and coordinating a high volume of meetings across a fast paced and complex corporate environment.
• A good understanding of process and operational demands within complex organisations.
• Experience in coordinating and delivering projects within a complex stakeholder environment would be beneficial.
• Broader knowledge of Risk Governance structures, corporate functions and activities of an effective Compliance department an advantage but not essential.
• Ability to operate with tact and diplomacy, adapting quickly to new priorities and changes influencing the regulatory relationship with PRA and FCA.
• Analytical thinking and problem-solving skills, with the ability to apply existing solutions pragmatically.
• Written and verbal communication skills, with confidence in engaging stakeholders at all levels of the business.
• Strategic thinking with the ability to connect detailed analysis to broader organisational and regulatory engagement objectives.
• Ability to manage change in a positive and constructive manner and a willingness to embrace new ideas/procedures.

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Should you require any additional support with your application, or any adjustments, please click the following link; https://cleartalents.com/apply/lloyds-msa1645695881