Senior Compliance Executive

Employment Specialists Ltd; Essex; On-site; GBP 45,000 - 60,000; Full time

Job summary

A growing Commercial Broking client in the UK is seeking a Senior Compliance Executive to support business operations. In this role, you will ensure adherence to Regulatory requirements, track compliance actions, and communicate necessary information to the business. Successful candidates will have experience in a Compliance role, strong analytical skills, and the ability to build relationships. With options for both full and part-time working arrangements, this position is perfect for those passionate about compliance and teamwork.

Qualifications

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

Responsibilities

• Tracking of Compliance actions as part of the annual Compliance Plan.
• Develop and maintain good working relationships within the business.
• Undertake Regulatory horizon scanning and impact assessments.
• Communicate relevant Regulatory information clearly.

Skills

Strong Regulatory and market awareness

Strong communication skills

Strong numerical and analytical skills

Resourceful and able to apply own initiative

Strong planning and organisation skills

Attention to detail

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.