Job Description
Compliance Manager
Northamptonshire
Salary up to £65,000
The successful candidate will be reporting to the Managing Director and be part of the Senior Management Team.
This is a newly created role to join an Insurance Broker who have exciting growth plans for the future.
Compliance Framework
Review current policies and procedures in line with regulatory framework to include:
1. Updating Senior Managers and Certification Regime (SMCR) roles & responsibilities
2. Updating Regulatory Business Plan
3. Update Business Continuity Planning (BCP)
Create annual compliance monitoring plan:
1. Annually review policies and update versions as and when necessary
2. Maintain version control documents
3. Conduct checks/audits to ensure policies are being adhered to
4. Provide second line of defence checking managers file checks
5. Report on findings and provide recommendations for improvements/changes in procedures/policies
Attend compliance webinars to keep up to date with new and changing regulation.
Attend Insurer audits if required and respond to Insurer audit requests.
FCA Reporting / Authorisations
As and when required support colleagues processing FCA applications.
Maintain a diary for FCA reporting requirements.
Complete/support colleagues submitting FCA reporting.
Meetings
Attend Monthly Manager/Director Meetings
1. Discuss current processes and procedures and highlight any issues
2. Discuss upcoming compliance/regulatory changes
3. Discuss/Agree any potential changes in procedures/scripts/letters
Consumer Duty
Create reports & Update Consumer Duty Information in line with FCA guidelines
1. Not Taken Up (NTU) Cancellation within 14 days
2. Retention
3. Vulnerable Customers
Add reporting MI to Consumer Duty Information
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