Senior Compliance Officer

Howden Group; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading global insurance group is seeking a Senior Compliance Officer to ensure adherence to regulatory standards. The role involves monitoring compliance, conducting reviews, and guiding compliance strategies across various functions. Ideal candidates will have a strong background in financial services and excellent analytical skills.

Benefits

Flexible hours

Hybrid working options

Qualifications

• Proven experience in financial services, especially in mortgages and protection sectors.
• Experience in supervising, training, and coaching team members.
• Proficient in writing reports and performing gap analysis.

Responsibilities

• Complete monitoring and operational tasks as per the Compliance Monitoring Plan.
• Conduct file reviews and provide feedback to Advisers and support staff.
• Produce compliance reports and manage the complaints handling process.

Skills

Knowledge of FCA regulations

Interpersonal skills

Analytical skills

Communication skills

IT skills

Education

CeMAP (or equivalent)

RO5

QCF Level 4 in Wealth Management

Job description

Senior Compliance Officer page is loaded

Senior Compliance Officer

Apply locations London - Gracechurch Street time type Full time posted on Posted 4 Days Ago job requisition id R0011760

Who are we?

Howden is a collective – a group of talented and passionate people all around the world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 18,000 employees spanning over 100 countries.

People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.

Are you a seasoned compliance professional with a strong background in financial services? Do you thrive in a structured environment and enjoy working both independently and as part of a team? If so, we want to hear from you!

Position Overview:

As a Senior Compliance Officer, you will play a pivotal role in ensuring our adherence to regulatory standards and best practices. You will take charge of monitoring tasks outlined in the Department’s Compliance Monitoring Plan, conduct thorough file reviews, and produce detailed compliance reports. Your expertise will guide our compliance strategies across various functions, helping to mitigate risk and foster a culture of compliance throughout the organisation.

Key Responsibilities:

• Complete monitoring and operational tasks as per the Compliance Monitoring Plan.
• Conduct file reviews, document outcomes, and provide constructive feedback to Advisers and support staff.
• Produce compliance reports and manage the complaints handling process from investigation to conclusion, including Root Cause Analysis.
• Analyse management information and address ad hoc KYC/CDD queries, including sanction matches.
• Conduct suspicious activity investigations and manage NCA reporting.
• Evaluate jurisdiction risk and compile the annual Country Risk Assessment.
• Complete the Company-wide Financial Crime Risk Assessment and submit FCA returns on Connect and RegData.
• Conduct FIT & Proper Checks and update the FCA Directory and SMCR tasks.
• Assist with Data Protection activities and maintain the processing register.
• Approve standard documents and financial promotions, and support the Product Governance Regime.
• Engage in horizon scanning and assist with regulatory change management.
• Support the Compliance & Operations Director in updating departmental policies, internal audits, and training initiatives.

Qualifications and Skills Requirements:

Essential:

• Adequate knowledge of FCA regulations, including Consumer Duty and Product Governance, as well as Financial Crime regulations.
• Proven experience in financial services, specifically in mortgages and protection sectors.
• Excellent interpersonal and communication skills, able to present effectively to varied audiences.
• Outstanding analytical skills and attention to detail, with a capability to work in a structured manner.
• Proficient in writing reports and performing gap analysis.
• A collaborative team player who contributes enthusiasm and innovative ideas, while also being capable of working independently.
• Experience in supervising, training, and coaching team members.
• Proficient IT skills relevant to the role.
• Relevant qualifications for involved business areas, e.g., CeMAP (or equivalent), RO5, QCF Level 4 in Wealth Management.

Desirable:

• Knowledge of Data Protection Legislation.
• Understanding of consumer credit, business finance, and general insurance.
• Familiarity with wealth management products, including pensions and investments.

What do we offer in return?

A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:

• Our successes have all come from someone brave enough to try something new

• We support each other in the small everyday moments and the bigger challenges

• We are determined to make a positive difference at work and beyond

Reasonable adjustments

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.

Permanent

About Us

Howden began in 1994, as just three people and a dog. Now there are 17,000 of us, and we're a leading global insurance group, managing $38bn of premiums for our clients.

Our largest shareholder group is us – the people who work in the business – supported by three long-term, minority growth-equity partners who share our vision to build a business to last, one that will never be sold.

The owner's mindset is something that's embedded in our culture; our people readily take ownership of their decisions, their actions, and their outputs. They’re invested in every sense. And we all know that by working together to drive the business forward, everyone will benefit from the extraordinary results we can achieve.