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Senior Compliance Analyst, Greater London
Client:
Arch Capital Group
Location:
Greater London, United Kingdom
Job Category:
Other
EU work permit required:
Yes
Job Reference:
80a82f764e26
Job Views:
5
Posted:
03.03.2025
Expiry Date:
17.04.2025
Job Description:
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
Role Summary and Purpose
We are looking for a compliance professional to join the Arch UK Compliance team. You will be a key member of the Compliance Function, providing regulatory assistance, with the aim of ensuring that all activities undertaken by the business are conducted in a compliant manner. This opportunity will involve working within a fast-paced, growing team and you will be part of a dynamic Compliance team supporting you in your career growth.
Key Tasks and Responsibilities
• Undertake regulatory horizon scanning and maintaining up to date knowledge of UK regulators, FCA, PRA, Lloyd’s, Lloyd’s Europe, and international regulators, where relevant.
• Review new publications from regulators, including but not limited to Consultation Papers, Policy Statements, guidance, Dear CEO letters, and enforcement cases.
• Interpret, assess application, and prepare summaries for key stakeholders, including undertaking gap analysis when required.
• Review firm-wide policies and procedures against regulatory requirements and best practices, completing a gap analysis accordingly, making recommendations for change and monitoring for closure.
• Support the oversight of the firm’s SMCR framework including Management responsibility maps (MRMs), Statements of Responsibility (SORs), and handover certificates.
• Provide regulatory guidance/advice where required.
• Support compliance and regulatory projects, including assisting with implementation of legislation/regulation, and enhancements to the Compliance framework, processes, and procedures.
• Participate and contribute to the delivery of the annual Compliance Plan. Taking a lead where necessary.
• Drive improvements in areas of responsibility and propose changes to improve compliance and business efficiency.
• Liaise with senior stakeholders on a variety of Compliance related queries, requests, or actions.
• Support the development of training materials and providing training where relevant.
• Contribute to Compliance Board and Committee reporting.
• Promote a culture of compliance by raising awareness of compliance and regulatory matters and encourage adherence to applicable laws and regulations.
Qualifications
Ideally degree educated or equivalence by experience.
Experience
Minimum 5 years’ regulatory or Compliance experience within the UK insurance market.
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