Senior Compliance Analyst – 28808

Emerald Group; Greater London; On-site; GBP 65,000 - 85,000; Full time

Job summary

Emerald Group in London is seeking a Senior Compliance Analyst to steer regulatory changes and risk controls across UK markets. You will act as first point of contact for general compliance queries and guide business units to deliver compliant outcomes while balancing client needs and commercial goals.

You will horizon scan UK and US regulations, work with Head of Risk & Compliance, and lead initiatives under SM&CR for Enhanced Scope firms, embedding monitoring and collaboration across Group

Qualifications

• In-depth understanding of the insurance market and placing process.
• In-depth understanding of the FCA handbook as it relates to solo-regulated insurance intermediaries (PRIN, SYSC, COCON, COND, FIT, TC, PROD, ICOBS and SUP).
• Experience working in a regulated environment is essential.
• Knowledge of Microsoft products.

Responsibilities

• Be a first contact for general compliance queries, to resolve quickly and efficiently
• Guide and assist the business in delivering the correct outcomes for their clients and important partners whilst ensuring the appropriate balance is struck between the commercial interests of MRS-NA BA; the goals of the FCA and the interests of their clients
• Conduct horizon scanning, notably UK and US regulation, to identify any regulatory change
• Work with the Head of Risk & Compliance and the business to implement, embed and provide ongoing monitoring of legal and regulatory developments, identifying opportunities to collaborate with Group businesses and use existing skills and processes wherever possible
• Be the subject matter expert and lead the project to implement additional regulatory requirements under the Senior Managers & Certification Regime for Enhanced Scope firms within the transitional period

Skills

Regulatory compliance

Insurance knowledge

Microsoft Office

Job description

• Be a first contact for general compliance queries, to resolve quickly and efficiently


• Guide and assist the business in delivering the correct outcomes for their clients and important partners whilst ensuring the appropriate balance is struck between the commercial interests of MRS-NA BA; the goals of the FCA and the interests of their clients


• Conduct horizon scanning, notably UK and US regulation, to identify any regulatory change


• Work with the Head of Risk & Compliance and the business to implement, embed and provide ongoing monitoring of legal and regulatory developments, identifying opportunities to collaborate with Group businesses and use existing skills and processes wherever possible


• Be the subject matter expert and lead the project to implement additional regulatory requirements under the Senior Managers & Certification Regime for Enhanced Scope firms within the transitional period

Qualifications required:

• In-depth understanding of the insurance market and placing process is necessary


• In-depth understanding of the FCA handbook as it relates to solo-regulated insurance intermediaries is essential, in particular PRIN, SYSC, COCON, COND, FIT, TC, PROD, ICOBS and SUP

Experience required:

• Experience working in a regulated environment is essential, preferably within an insurance intermediary or insurance company


• Experience with US surplus lines business is preferred but not essential


• Knowledge of Microsoft products

Senior Compliance Analyst – 28808 London