Senior Compliance Executive

Employment Specialists Ltd; Colchester; Hybrid; GBP 40,000 - 55,000; Full time

Job summary

A growing Commercial Broking client is seeking a dedicated Senior Compliance Executive to support day-to-day operations. In this role, you will ensure all Regulatory requirements are met by undertaking Compliance monitoring and supporting related activities. The ideal candidate will have previous experience in a Compliance role within Commercial Broking or related sectors, with strong awareness of regulations and excellent communication skills. Options for full and part-time working are available.

Qualifications

• Previous experience in a Compliance role for a Commercial Broker, Insurer, or Managing Agent.
• Understanding of the FCA’s Rules and complaint handling processes.

Responsibilities

• Track Compliance actions as part of the Compliance Plan and report progress.
• Develop and maintain relationships with the business to promote a positive Compliance culture.
• Improve policies and procedures to support Regulatory compliance.
• Conduct Regulatory horizon scanning and impact assessments.
• Maintain the Compliance training system and monitor staff completion.
• Communicate relevant Regulatory information clearly.
• Track and monitor Compliance performance.
• Maintain knowledge of UK and International Regulatory obligations.

Skills

Strong Regulatory and market awareness

Strong communication skills

Strong numerical and analytical skills

Planning and organisation skills

Attention to detail

Proactive and personable approach

Job description

Our growing Commercial Broking client is looking for a dedicated Senior Compliance Executive to support the day-to-day business operations.

You’ll play a crucial role in ensuring they meet all Regulatory requirements by undertaking Compliance monitoring and supporting a range of Compliance-related activities.

If you’re passionate about upholding high standards, contributing to a collaborative team, and making an impact in a growing environment, this is an ideal opportunity for you.

Options for full and part time working are available.

Key Responsibilities of the Senior Compliance Executive include:

• Tracking of Compliance actions as part of the annual Compliance Plan and report on the progress throughout the year
• Develop and maintain good working relationships with the business and promote a strong and positive Compliance culture and respond to general queries to support the business
• Development and/or improvement of policies and procedures and processes to ensure they continue to support the business in complying with Regulatory requirements
• Undertake Regulatory horizon scanning and impact assessments
• Maintenance of the Compliance training system and monitoring of staff completion as well as further development of required courses
• Communicate relevant Regulatory information to business areas in a clear and concise manner and provide oversight of any resulting actions
• Tracking and monitoring of Compliance performance
• Maintain an overview and knowledge of Regulation, expectation, good market practice and requirements and to report on material changes
• Maintain Compliance with any applicable UK or International statutory or Regulatory obligation.

To be a successful Senior Compliance Executive you will demonstrate:

• Previous experience in a Compliance role for a Commercial Broker, Insurer or Managing Agent.
• Strong Regulatory and market awareness.
• Demonstrate an understanding of the FCA’s Rules, as well as knowledge of complaint handling processes.
• Strong communication skills.
• Confidence in your knowledge and expertise.
• Strong numerical and analytical skills.
• Resourceful and able to apply own initiative in resolving issues.
• Strong planning and organisation skills with a keen attention to detail.
• Proactive and personable approach.