Do you want to work for one of the UK’s leading financial institutions?
Are you passionate about compliance and keen to take the next step in your career?
If so, our client that boasts an office in a prime City Centre location is looking for a Compliance Officer to provide full compliance and challenge to the business in line with external FCA regulations and internal business requirements. The Compliance Officer will be responsible for supporting the Compliance Manager with several risk divisions and completing various projects in line with these.
Full training and ongoing support will be offered to the successful candidate. A competitive annual salary with annual bonus and excellent holiday entitlement is also on offer, as well as the rare opportunity in this industry to work Monday to Friday office hours.
Daily duties to include:
- Promoting compliance and supporting driving the business from a regulatory and legal perspective
- Communicating as required and where necessary with the FCA, ensuring any requests are dealt with in a timely basis
- Addressing any regulatory and legal issues and taking the necessary action to resolve these
- Embedding new procedures for compliance as required by external FCA regulations and internal business requirements
- Ensuring awareness and compliance to regulations, changes to regulations and new regulations
- Advising management on the design and implementation of systems and procedures necessary to achieve compliance
- Maintaining and applying up to date working knowledge through the review of associated literature and web material
- Acting as the point of contact for technical guidance, contractual issues and policy interpretation with regards to compliance
- Creating and maintaining an effective compliance monitoring plan to cover internal and outsourced activities
- Investigating potential disciplinary situations and conducting disciplinary headings where appropriate regarding breaches and failures to comply
Due to the nature of the Compliance Officer role, it is important that the successful candidate demonstrates previous experience in a similar role. This should ideally be from a general insurance environment where there will be a strong technical knowledge and understanding of FCA regulations. This is alongside excellent written and verbal communication, as well as analytical and organisation skills. These will be crucial to extract relevant guidance to counteract regulatory issues and communicate these effectively at all levels, both internally and externally.
If you are interested in this position or would like to hear more details then please contact me ASAP as my client is looking to move quickly on this role. If you are a recent graduate with a year in industry this could be an excellent opportunity for you to start you career in a compliance role so please get in contact ASAP!