Job Description
Michelle Denny Recruitment is thrilled to be supporting an expanding financial organization in Diss in their search for a Compliance Officer.
This role offers a salary range of £37,000 - £40,000 per annum, with working hours from 8:30am to 5:00pm, Monday to Friday. The position is available on a hybrid basis with 3 days in the office, 2 from home, providing flexibility in your work environment.
About the Role:
Are you a skilled Compliance Officer with experience in financial services or insurance? Do you have a deep understanding of regulatory frameworks and a passion for ensuring ethical practices within the financial industry? If so, we have an exciting opportunity for you to join a small but dynamic compliance team.
Reporting to the Compliance Manager, you will play a crucial role in maintaining and enhancing the organization’s compliance program, with a particular focus on Data Protection. You will work collaboratively across departments to identify, assess, and mitigate risks while ensuring adherence to industry standards and regulations.
Key Responsibilities:
* Regulatory Compliance: Stay current with relevant financial services and insurance regulations, particularly concerning Data Protection (DP), and assist in implementing necessary compliance measures.
* Data Protection: Provide advice on privacy, data-sharing, and data transfer issues; manage Access Requests; review documents; and oversee Data Protection Impact Assessments (DPIAs).
* Policy Development: Assist in maintaining compliance policies and procedures tailored to the financial services and insurance sectors.
* Audit & Risk Assessment: Conduct comprehensive risk assessments to identify potential compliance vulnerabilities and recommend mitigation strategies.
* Training and Education: Train, coach, and support employees on data protection compliance requirements.
* Reporting: Prepare Management Information (MI) compliance reports, highlight areas of concern, propose solutions, and provide real-time compliance advice.
* Monitoring and Testing: Maintain a robust monitoring and testing program to ensure ongoing regulatory compliance.
* Audit Preparation: Assist with internal and external audits to ensure a smooth process and positive outcomes.
What You’ll Need:
* Experience in a compliance role within financial services or insurance
* Solid understanding of relevant financial regulations, including UK GDPR
* Excellent communication skills with the ability to simplify and convey complex legislation, regulations, and policies effectively
* Experience in report writing, policy development, and trend analysis, with strong analytical and problem-solving abilities
* Willingness to travel occasionally to other group offices
Why Apply?
* Competitive salary of £37,000 – £40,000 plus benefits
* Hybrid working options available
* Excellent transport links on the Norwich/London Liverpool Street line
* Opportunities for professional growth and development
* Collaborative and inclusive work environment
* Supportive team of experienced professionals
Join our team and contribute to maintaining the business’s commitment to integrity and compliance.
For more information or to apply, please contact Michelle Denny.